Agency Partially Lifts Ban on Daytime Heavy Truck Mov't

Oct 12 , 2019


[ssba-buttons]

Addis Abeba Traffic Management Agency partially lifted the ban it imposed on the daytime movement of heavy vehicles starting from October 7, 2019. Jiregna Hirpa, director of the Agency, who has admitted that the ban had an economic impact on the capital, announced the lifting of the ban. With the new schedule, heavy trucks can move in the city from 10:00am to 4:00pm on weekdays and with no time limitation on weekends and holidays. The enforcement of the ban on daytime movement of heavy vehicles that weigh more than 2.5tn had been imposed since July 8, 2019. The ban was enacted with the aim of decreasing traffic congestion, pollution and accidents. Light freight trucks like the Isuzu NPR with a weight between 2.5tn and 3.5tn had not been able to operate in the city between 6:30am to 10:00am and from 4:00pm to 8:00pm. And also heavy trucks that weigh more than 3.5tn had not been able to move within the city from 6:30am to 8:00pm.


Radar

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned enterprises. Ethiopian Shipping & Logistics led the year with 4.5 million tons of cargo, driving revenues up 90pc and doubling pre-tax profit. Sugar production from Wonji Shoa, Metehara, and Fincha climbed 34.8pc to 163,290 tons, nearly doubling revenues to 15.6 billion Br, though EIH flagged ch...


Radar

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, Trinitario, and Criollo varieties alongside coffee. "The results are astonishing," said General Manager Beshada Worku, pointing to international prices that range from 8,200 to 14,000 dollars a ton. The project's first phase covers 50 hectares, with 44,000 seedlings already planted. Expansion to ...


Radar

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update came during the bureau's July performance review, which measured progress against the upcoming fiscal year's targets. Director Tesfamichael Endale said efforts are being scaled up to give farmers secure land rights and quicker certification. Deputy Head WendwossenBanjaw added that the priority ahead...