Commentaries | Nov 16,2019
Garanba Bottling, a subsidiary of B&C Aluminum Plc that bottles South Spring Water, has closed a deal with a UK-based company to export one million dollars worth of bottled water to England.
Garanba Bottling signed the deal with the British company on January 1, 2020, and will deliver the water in a month. It will ship 1,200tn of bottled water as a trial run by March. The first shipment will take five 20-foot equivalent units, which will constitute one million bottles. South Spring Water will mainly be delivered in 0.6lt and 1.2lt bottles.
The bottler negotiated the deal with B&C Fitting Limited, a UK-based aluminum producer, to export its products, according to Berhanu Getahun, board chairperson of Garanba Bottling, which was established with an investment of 410 million Br in Aregobena Wereda of Sidama Zone.
Garanba Bottling, which operates with 310 employees, has the capacity to produce 16,000 bottles of water an hour and plans to increase this number within the next three months.
Garanba Bottling signed the deal with the British company on January 1, 2020, and will deliver the water in a month.
Before inking the deal, the two parties completed the testing and sampling process, which took close to three months.
"Following the first round," said Berhanu, "we'll seal a long-term agreement to ship 50 containers a month."
Garanba Bottling has also been negotiating with buyers for close to two months to start exporting its products to Saudi Arabia, according to Berhanu.
"We've sent a sample to the company and currently we are working on the contract agreement,” said Berhanu.
To encourage the export of bottled water, the Ethiopian Bottled Water, Soft Drink, Fruit & Vegetable Processing Manufacturing Industries Association has sent a letter to the business diplomacy directorate of the Ministry of Foreign Affairs to facilitate the export of bottled water to neighbouring countries.
Origin Water, bottled by Origin Food & Beverage Factory located in Oromia Regional State, has been exporting bottled water since last year with Djibouti as its main destination.
Since embarking upon the export of bottled water, Origin Water has shipped a total of 1.2 million tonnes of product, worth an estimated seven million dollars.
“Currently, there are some gaps in our export venture to the neighbouring country due to foreign exchange problems that limited us from importing more machinery to increase our production," said Haymanot Anbesse, quality control manager of Origin Water.
Currently, there are close to 97 bottlers operational in the country, with a total registered capital of three billion Birr.
The increasing competitiveness of the thriving industry compels the bottlers to stretch their reach to foreign countries, said Zewdie Shibere (PhD), assistant professor at Addis Abeba University's School of Business & Economics.
"They should be applauded for their new venture, since it brings in foreign exchange," said Zewdie.
In general, the current supply of bottled water still falls short of the population of the country and thus bottlers should also work on the local accessibility of water by setting competitive prices, according to Zewdie.
PUBLISHED ON Feb 29,2020 [ VOL 20 , NO 1035]
Commentaries | Nov 16,2019
Covid-19 | Apr 17,2020
Editorial | May 11,2019
Fortune News | Feb 27,2021
Radar | Jan 05,2020
Radar | Jan 11,2020
Radar | Nov 16,2019
Fortune News | Dec 05,2018
Fortune News | Jun 01,2019
Radar | Nov 21,2018
March 27 , 2021 . By BAMLAK FIKADU
An application developer who has recently taken up hiking to get some exercise, Migno...
February 13 , 2021 . By TADESSE TSEGAYE
In Arada, I stopped over by a hotel in front of Cinema Empire. I sat alone inside wit...
January 30 , 2021 . By FASIKA TADESSE
The Council of Ministers approved a regulation that will establish the Liability &...
January 16 , 2021
It was a sunny day on September 12, 1974. A machine gun mounted on top of a tank was...
Economic and political development go hand in hand with a good educational system. Th...
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...
When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or tw...
April 10 , 2021
It is not often the case for regional states' leaders to swallow their vanity and dec...
April 3 , 2021
As an Auditor General, he was not the most conspicous of officials in the mainstream...
March 27 , 2021
In an unprecedented turn of irony, just as Ethiopia began an attempt to open up to th...
March 20 , 2021
There is never a dull moment in the tense and combative relationship between regulato...
PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize
May 6 , 2019
Do not judge a book by its cover, we say. But we still judge all the same. It is much worse when it comes to a living, breathing person. We...
Or see contact page