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5Th General Assembly of OSMA Conducted in Asmara the 5Th General Assembly of the the Assembly and Expressed Work in Collaboration with the in Related News, Gen Vol. 24 No.4 Wednesday, March 15, 2017 Pages 8, Price 2.00 NFA SENIOR DELEGATION ON WORKING 16TH NATIONAL BOOK FAIR VISIT TO MOROCCO The 16th National Book Fair is scheduled to open on March 24 at the a message from President Isaias Expo grounds here in the capital. According to the organizing committee, Afwerki to King Mohamed the the Fair would include e-Books and digital media. Sixth. It also indicated that 30% discount on book prices would be made with The two sides discussed a view to nurturing the reading habit among the general public. The fair consolidation of bilateral ties as well would also take place in other regions of the country from April 7 to 19. as regional and global issues. Minister Osman Saleh INTEGRATED EFFORT FOR IMPLEMENTATION OF congratulated Morocco for the resumption of its membership in the DEVELOPMENT PROGRAMS AU and its valuable contribution to Africa. Mr. Ahmed Mohammed-Nur Rejeb, Administrator of Afabet Sub-zone, has called on government institutions and administrative bodies to exert Minister Mzwar on his part joint effort in the implementation of development programs. thanked Eritrea for its strong support for Morocco and underlined his Speaking at the annual work assessment meeting, he voiced appreciation country’s readiness to develop for the active participation of the local inhabitants in development partnership with Eritrea. endeavors. A senior Eritrean delegation Morocco. comprising Foreign Minister Osman In the course of its working visit, Likewise, Mr. Gergis Mezgebe, Head of economic development in the Saleh and Presidential Advisor Mr. The Eritrean delegation met the the Eritrean delegation will meet Sub-zone, stated that 25,000 terraces and over 99,000 cubic meters of Yemane Gebreab is on a three day Moroccan Foreign Minister, Mr. with a number of Moroccan officials embankment have been constructed and over 36,000 terraces renovated on working visit to the Kingdom of Salehaddin Mzwar and delivered and investors. the basis of popular campaign. 5TH GENERAL ASSEMBLY OF OSMA CONDUCTED IN ASMARA The 5th General Assembly of the the Assembly and expressed work in collaboration with the In related news, Gen. Flipos Meanwhile, in a meeting held Organization of Military Sports conviction that it would promote member states so as to achieve the Woldeyohannes and Ambassador at the Commission of Culture in Africa (OSMA) was conducted a sense of common understanding set goals. Zemede Tekle, Eritrean and Sports, Ambassador Zemede from the 11th to the 13th of March among the participating member Commissioner of Culture and pointed out that Sports and Culture at Asmara Palace Hotel, here in states. High-ranking military delegates Sports, met and held talks on play a significant role in the the capital. Over 50 high-ranking from a number of African bilateral issues with the newly integration of the African people military officials from over 22 Col. Kabre David was elected countries including South Africa, appointed President of OSMA, and that Eritrea will exert every African countries including President of the organization while Algeria, Guinea, Cameroon, Col. Kabre David. effort towards that end. the Chairman of the OSMA, 18 countries including Eritrea Kenya, Uganda, Tunisia, Tanzania, participated at the Assembly. have become members of the Democratic Republic of Congo, At a meeting held on 13 March, Pointing out Eritrea’s significant organization’s Executive Board. Nigeria, Senegal, Angola, Egypt, Gen. Flipos expressed Eritrea’s place in international sports Speaking at the opening session Ivory Coast, Zambia, Botswana, readiness to share experience activities in general and cycling in in which senior government and In closing remarks on March 13, Mauritania, Burkina Faso, Mali, and strengthen cooperation with particular, Col. Kabre underlined PFDJ officials, members of the Gen. Flipos, expressed conviction Congo Brazzaville, Morocco and African countries in the domain of the rich experience they gained diplomatic corps and invited that the fruitful outcome of the Burundi have participated in the sports. during their stay in Asmara. guests participated, General Flipos Assembly would promote military General Assembly. Woldeyohannes, Chief of Staff sports in the continent and that Expressing appreciation for Present at the meeting were of the Eritrean Defense Forces, it has been a platform in which Artists from the Eritrean the strong organization and Brig. Gen. Tekle Libsu, Brig. Gen. underlined the significance of Eritrea shared its experience in Defense Forces staged cultural participation of sports activities Tekie Russom and other army sports in developing physical and military sports. performances. of the Eritrean Armed Forces, the commanders from the Eritrean side mental fitness, promoting the spirit President of OSMA highlighted as well as the General Secretary of unity and instilling discipline. The new President of OSMA, OSMA was founded in 1994 and the significance of Eritrea’s and Vice President of OSMA and Gen. Flipos said that Eritrea is Col. Kabre David on his part has its central office in Yaoundé, cooperation in the success of the other high ranking members of the honored to host the Assembly. reaffirmed readiness to diligently Cameroon. OSMA sports activities. organization. Stating that since the days of the struggle for independence Eritrea has been exerting unremitting effort to promote sports activities, he underlined that sports tournaments among the military has been in place nationwide. Also speaking on behalf of Lt. General Meguedad Benziane, President of OSMA, Col. Kabre David voiced appreciation to the Eritrean government for hosting Eritrea Profile, Wednesday, March 15, 2017 Vol 24 . No 4 2 PROCLAMATION No. 180/ 2017 A Proclamation to Provide for the Payment of Stamp Duty ARTICLE 1 SHORT TITLE Minister to implement, inter alia, the Ser.No Instrument Chargeable With Stamp Basis Of Rate of Stamp Duty provisions of this Proclamation and Duty Valuation in % or Nakfa This Proclamation may be cited as of regulations issued hereunder; the “Stamp Duty Proclamation No. 7. “Instrument” means a written 1. Memorandum and Articles of Association 180/2017”. document by which any right or of any business Organization, Cooperative obligation is created, recorded, or Association: Flat 1000.00 ARTICLE 2 DEFINITIONS transferred, extinguished or by which a) Upon 1st execution Flat 250.00 its scope is limited or extended; b) Upon any subsequent In this Proclamation, unless the 8. “Minister and Ministry” execution context otherwise requires: means the Minister and Ministry of Finance, respectively; 2. Award: a) with determinable value; On value 3% 1. “Award” means a decision in 9. “Negotiable Instrument” b) with nondeterminable value. Flat 50.00 writing rendered by an arbitrator means any document incorporating or arbitrators on a reference made a right to an entitlement in such otherwise than by order of court in manner that it would not be possible 3. Bill of exchange and promissory note. On value 2% the course of suit by parties to an to enforce or transfer the right arbitral submission; separately from the instrument 4. Cheques Flat 0.50 2. “Bond” includes any instrument and includes such commercial, 5. Bonds On value 1% whereby a person obliges himself to instruments as bills of exchange, pay money to another, on condition promissory notes, cheques and other 6. Warehouse Bond On value 1% that the obligation shall be void similar documents; where a specific act is performed or 10. “Notarial act” means an 7. Contracts and agreements Flat 50.00 is not performed, as the case may act of attestation and certification be, or any instrument attested by a performed by a person authorized to 8. Security Deed On value 0.5% witness and not payable to order or perform such act; 9. Collective Agreement: bearer; 11. “Person” means any natural a) Upon 1st execution; Flat 1000.00 3. “Collective Agreement and person, or any organization b) Upon any subsequent execution Flat 250.00 contract of Employment” shall irrespective whether such have the respective meanings given organization possesses a legal 10. Contract of Employment. On value 1% to them by Articles 3 (8) and (21) of personality or not; the Labour Proclamation of Eritrea 12. “Receipt” means any note or 11. Lease contract On value 1% No. 118/2001; writing whereby any money or any 12. Notarial act Flat 20.00 4. “Contract” means an agreement signed bill of exchange, cheque or whereby two or more persons as promissory note is acknowledged 13. Contract of Insurance On value 2% between themselves create, vary, or in writing to have been received, extinguish obligations of proprietary or whereby any other claim or 14. Power of Attorney Flat 100.00 nature; part thereof is acknowledged to 15. Protest of bill of exchange or promissory On value 2% 5. “Contract of Insurance” means have been received or satisfied, or an Insurance policy by which one which signifies or imports any such note person, the Insurer, in consideration acknowledgment; 16. Share certificate Flat 1.00 of a premium, engages to indemnify 13. “Security deed” means any another, the insured against loss, instrument whereby a borrower or 17. Receipt Flat 1.00 damages, loss of expected profit, or guarantor gives to a lender a charge 18. Documents transferring title to Property or On value 4% any liability arising from an unknown upon a part or the whole of his or contingent event, including a life property; and transfer of shares policy and any policy insuring any 14. “Ticket” means a certificate 19. Ticket: person against accident or sickness or token evidencing payment a) for theater or musical show; On value 5% or any other personal insurance; of admission fee to places of b) for Nightclubs; On value 20% 6. “Inland Revenue Department” entertainment. c) for Cargo service, Air ticket, On value 1.5% means the body designated by the Excess baggage ARTICLE 3 REPEAL The Stamp Duty Proclamation 20.
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