Innovation Ministry Set to form ‘Government Network’

Jan 19 , 2019


[ssba-buttons]

The Ministry of Innovation & Technology is set to formulate a Government Network composed of the leader of the federal and regional governments. The network intends to build a strong and unwavering bond from the federal to the lower point of administration through technology, according to the Ministry. “The network’s primary aim is to integrate the governing bodies and create a secured e-government system and to enhance the accessibility of public services,” reads a letter issued by Sisay Yadete, state minister for Innovation & Technology. The Ministry has called up 100 participants from federal ministries, regional state leaders and city administrations to deliberate and establish the network. The meeting, to be held next Tuesday, will discuss the need for each specific need of each government office and the strengths and challenges of the ongoing innovation and technology development. Given digitising the national economy, the Ministry is also revising its 15-year-old policy. The new policy is believed to coordinate the sectors and support the nation’s move toward the industrial economy by complying with the current economic reforms. The Ministry also recently developed a road map for 24 sectors including finance, agriculture and service sectors.


Radar

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned enterprises. Ethiopian Shipping & Logistics led the year with 4.5 million tons of cargo, driving revenues up 90pc and doubling pre-tax profit. Sugar production from Wonji Shoa, Metehara, and Fincha climbed 34.8pc to 163,290 tons, nearly doubling revenues to 15.6 billion Br, though EIH flagged ch...


Radar

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, Trinitario, and Criollo varieties alongside coffee. "The results are astonishing," said General Manager Beshada Worku, pointing to international prices that range from 8,200 to 14,000 dollars a ton. The project's first phase covers 50 hectares, with 44,000 seedlings already planted. Expansion to ...


Radar

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update came during the bureau's July performance review, which measured progress against the upcoming fiscal year's targets. Director Tesfamichael Endale said efforts are being scaled up to give farmers secure land rights and quicker certification. Deputy Head WendwossenBanjaw added that the priority ahead...