Ministry Urges Businesses Prioritise Quality

Sep 1 , 2024


The crucial role of exceeding consumer expectations through high-quality production in reducing import reliance and enhancing exported goods was underlined at a recent panel discussion at the Ministry of Trade & Regional Integration. The discussion underscored the need for businesses to invest in training, improve infrastructure, and prioritise customer satisfaction. The government's "Let Ethiopia Produce" initiative, launched two years ago, aims to substitute imports with locally produced goods. However, challenges such as substandard quality, limited awareness, and non-conformity to environmental standards hinder the growth of local suppliers. Minister Kassahun Goffe accentuated the importance of prioritising quality for the success of the initiative. He called on manufacturers to invest in quality control measures and meet international standards. An exhibition held last week showcased locally produced goods and encouraged consumers to support domestic businesses. The event was attended by high-level government officials, including Minister Kassahun Goffe, Tewodros Mebrat, CEO of the Ethiopian Quality Award Organisation, and Mesfin Tasew, CEO of Ethiopian Airlines who shared the Airlines' experience in providing high-quality customer service, emphasising the importance of safety, punctuality, and meeting customer expectations.


Radar

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...