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Joint Operations Expose Scale of Illegal Trade in Billions


Joint Operations Expose Scale of Illegal Trade in Billions

Federal Police Commissioner General Demelash Gebremichael said coordinated operations over the past five years have resulted in the seizure of contraband goods valued at more than 53 billion Br. He presented the findings during a joint review meeting with the Federal Ethics and Anti-Corruption Commission, noting a sharp increase from earlier periods when annual seizures averaged around two billion birr. In the past six months alone, joint operations with other security agencies recovered over 14 billion Br worth of import and export-related contraband. The commissioner added that 384 individuals suspected of corruption-related offences are currently under arrest and investigation, reflecting strengthened inter-agency cooperation. Commissioner Samuel Urkato(PhD) said the Federal Police’s shift toward digital systems for crime prevention and investigation marks significant progress. The meeting reviewed achievements under the existing memorandum of understanding and underscored continued collaboration between the two.

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Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...