Ministry Begins Issuing Permits to Cross-Border Freighters

Oct 23 , 2021


The Ministry of Transport & Logistics has begun providing permits to cross-border freight operators. The mandate was previously handled by the Federal Transport Authority (FTA), which is one of dozens of public institutions that are being folded as part of the government restructuring process under the administration of Prime Minister Abiy Ahmed (PhD). In a proclamation approved by the parliament, all duties and responsibilities of the FTA were transferred to the Ministry. The latter has now begun operations following the completion of necessary preparation works. The number of cargo vehicles registered in the country has reached over 226,000, according to the Ministry.


Radar

HEFTY GREEN

Street vendors around the Shola area take a rest in the shades of the capital's newly planted trees. Upon reporting on its 10-month performance before parliament, the Agricultural Minister indicated that up to 43pc of the arable land in the country has been rendered acidic. This requires large amounts of limestone to be imported from abroad; the tight forex crunch has not allowed the Finance Ministry to fund the endeavour easily. Following the rallying call of the PM a staggering 6 billion seedl...


Radar

DAMP DENIMS

Residents of communal houses around the Weji area hang their clothes on the fences outside. Textile manufacturing accounts for 87pc of Ethiopia's products from industrial parks. Expulsion from the African Growth and Opportunity Act (AGOA) due to the war in the North resulted in Ethiopia being expelled from the preferential trade act. Most companies choosing to rent sheds within the industrial parks do so out of a desire to access the duty-free privileges provided for African countries. Ethiopia...


Radar

PRICY PLEASURES

Vendors put traditional beauty products from the Somali regional state for sale around Mexico. In November of last year, the Ministry of Finance banned imported goods under 38 categories, including cosmetics, packed foods, and furniture, from accessing letters of credit. The move resulted in the tripling of costs for cosmetic items like lipstick and nail polish. As Ethiopia ran a 14 billion dollar merchandise trade deficit last year due to import bills hiking by 26pc , a tight clampdown on forei...