Ethiopian Business Review

Ever since the Food, Medicines & Healthcare Administration and  Control started implementing a new rule that requires the inspection of 18 food items, such as pasta, noodles and edible oil, imported into the country, businesses are crying foul over the surge in laboratory cost. The new measures, which are said to be part of the Authority’s five-year plan, forces importers to wait weeks in order to get test results, as well as raising the cost of laboratory tests. For a single 20-foot container, the cost of testing has increased by an average of 14pct, reaching as high as 100Pct, depending on the nature and type of imported food items. This has discouraged many importers and supermarket owners engaged in the wholesaling and retailing of food products. EBR’s Samson Berhane spoke to retailers, importers and government officials to explore the issue. 

Thursday, 02 August 2018 22:24
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Due to its ancient history, remnants of past civilizations, diverse cultures and natural beauty, Ethiopia has the potential to be a must-see destination for tourists. The country aspires to increase earnings from the sector which currently stand at close to three billion dollars annually, according to the Ministry of Culture and Tourism. Tour operators have a massive impact on the industry. In Ethiopia there are close to 500 individual tour and travel companies that are actively engaged in providing tours and tour operation related services. This is a massive increase compared to ten years ago. However, tour operators are facing new challenges from foreign and illegal tour operators that are snatching customers from them. EBR Ashenafi Endale explores the issue. 

Thursday, 02 August 2018 01:24
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Over the past two decades, Djibouti has taken steps to open up to foreign investment, and become a regional trans-shipment hub. Its strategic location near the Bab el-Mandeb strait – through which one third of seaborne global trade passes on its way to the Suez Canal – and decades of peace and political stability compared to its immediate neighbors has played in Djibouti’s favor among international investors.

Saturday, 07 July 2018 05:59
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