Standard Institute Adds Moringa Plant to its Fold


Standard Institute Adds Moringa Plant to its Fold

Quality standards were given to the Moringa tea and powder by the Ethiopian Standards Institute (IES) considering its significance on rural livelihoods. Yilma Mengistu, development director, suggested that granting standards will go a long way in promoting the value chain of Moringa, which is one of the least traded edible items despite joining in a diet of several communities across the country. She highlighted the nutritional and health benefits of moringa and its potential to be a valid source of income for rural households. State Minister for Trade & Regional Integration Endale Mekonen suggested that the commercial appeal would be significantly increased through quality standards during the workshop at the Institute's headquarters near Gerji Mebrat Hail, revealing that up to 60pc of moringa was being lost in the post-harvest process. Stakeholders from the supply chain attended the workshop. Aurelia Clabro, director of UNIDO Regional Hub, outlined an ongoing four million euro project in the Southern Regional State, targeting women to power through the sale of Moringa.


Radar

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Ministry central to the country's tech-driven growth ambitions. According to the Federal Auditor General, the Ministry has completed only 11pc of its planned projects with its overall financial administration standing at 37.4pc for a year-long project that commenced in 2022. Budget mismanagement an...


Radar

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The National Bank of Ethiopia's (NBE) monetary policy committee cited ongoing concerns over inflation, which stood at 19.9pc year-on-year (YoY), and liquidity imbalances as reasons to uphold the restriction on lending. Bankers and analysts interpret this move as evidence of regulators' determination to...


Radar

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to merge the telecom's fiber broadband and mobile network with DStv's content. Subscribers can access DStv channels through mobile data or fiber broadband bundles, with discounts of up to 35pc through Telebirr or My Ethiotel (*999#) and up to 26.5pc at sales centers for fiber broadband bundles. Acc...