Servizio News 05.01.2015

Servizio News 05.01.2015

Ambasciata d’Italia ad Addis Abeba SERVIZIO NEWS 05.01.2015 1 Contents ETHIOPIA Ethiopia: Julphar To Open Insulin Factory .............................................................................. 3 Ethiopia To Use Port Sudan For Import ................................................................................... 4 Ethiopia: New Customs Proclamation Came To Effect ......................................................... 5 Ministry Says Working To Meet Power Demands Of Industries Featured ....................... 6 Ethiopia Importing Cotton To Meet Demand Featured ........................................................ 7 Ethiopian Eyes Rwandair As Strategic Partner....................................................................... 8 Addis Lrt Trial To Start This February..................................................................................... 10 Three New Oil Retailers To Join The Sector .......................................................................... 11 SOUTH SUDAN Igad Mediators Condemn Renewed Violence In South Sudan’s Unity And Upper Nile States ..................................................................................................................................... 13 DJIBOUTI Nouvelle Ligne Ferroviaire Djibouto-Ethiopienne : Le President Lance Les Travaux De Pose De Rails A Galilee ....................................................................................................... 14 AFRICA Più Africa Anche Per Papa Francesco, Tre Nuovi Cardinali Sono Africani ...................... 15 EVENTS Italian Movies Oscar Series ...................................................................................................... 17 Concerto Jazz Bossi E Bondini All’istituto Italiano .............................................................. 17 2 ETHIOPIA: JULPHAR TO OPEN INSULIN FACTORY Julphar Ethiopia total shares while Julphar takes According to Fortune the Pharmaceutical Industry as the rest 55 percent. factory is going to be an expansion of its factory constructed on an 11,051 is going to start Africa’s Country Director of the UAE square meters plot of land. The first insulin factory. based company, Mukemil new paper added the factory is Abdella, said “We are hoping going to be worth One Billion (02.01.2015 – 2Merkato) that the land for construction Birr and it is expected to begin will be handed over to us in the production in two years by the Julphar which was inaugurated next two weeks”. beginning of 2015. in February 2013 is owned by the UAE based Julphar Gulf However, he did not reveal the Julphar Ethiopia has a capacity Pharmaceutical Industries and capacity of the plant and just of producing 25 million bottles a local firm Med-tech Ethiopia said his company intends to of suspensions and syrups, 500 and was established with a make Ethiopia the insulin hub million tablets and 170 million capital of 170 Million Birr. Med- of Africa. capsules annually. tech owns 45 percent of the 3 ETHIOPIA TO USE PORT SUDAN FOR IMPORT Ministry of Transport The Federal Government order to of Sudan, Kenya and announced Ethiopia is concluded an agreement with Somalia to ease increasing going to start using its Sudanese counterpart for dependency in Djibouti. Sudan’s main seaport for the purpose of importing the importing goods. 50,000 Tones of fertilizers via According to Sudan Tribute, Port Sudan, the State Minister the Ethiopian government is (02.01.2015 – 2Merkato) explained. He furthered, “To currently working with solve the problem of storage counterparts in the Until now Ethiopia has been space, a new 5 000 meter autonomous Somaliland region using Port Sudan only for the square storage facility has been in Somalia to use Berbera port. purpose of exporting its goods opened a week ago around to the international market. Mojjo”. Ethiopia being one of the 16 land locked countries in Africa, Getachew Mengestie, State Currently Ethiopia uses port of its bill shows it has been Minister for Transport, said the Djibouti for 90 percent of its spending hundreds of millions move is taken by the Federal international trade. of dollars for port services. Government in the aim of Nonetheless, the country is meeting Ethiopia’s growing looking for alternative sea ports economic demand. in neighboring countries in 4 ETHIOPIA: NEW CUSTOMS PROCLAMATION CAME TO EFFECT A new customs addition to this it has included Commenting on the proclamation is provision that ensures free promulugation of the new promulgated and is in movement of goods for those proclamation Girma Tafesse, effect as of Wednesday organizations identified as Federal Inland Revenue December 24, 2014. The Authorized Economic Operators Branches Coordination Office new bill has fully replaced (AEO), eases Post Clearance Directorate Director of ERCA, the former customs bill, Audits (PCA), and decentralizes said; “The new proclamation Proclamation Number the activity of the authority. will accelerate the international 622/2009. and local business in According to Capital, the collaboration with the (02.01.2015 – 2MErkato) proclamation will fill gaps that upcoming new proclamation for were witnessed because of the income tax”. The new proclamation is customs proclamation that has dubbed Proclamation 859/2014 been in effect for the past five Draft proclamation which will which aims at promoting and years. The newspaper amend the income tax legal supporting the manufacturing furthered it is the need for a regime governing is also on the industry and economic more modern customs legal making and is now at the development has eight parts. framework to support Ministry of Finance and development of industries and Economic Development The newly passed bill investment has made the (MoFED) for final revision introduces structural changes introduction of the new before it is delivered to the in the authority and its human proclamation necessary. Councils of Ministers. resources management. In 5 MINISTRY SAYS WORKING TO MEET POWER DEMANDS OF INDUSTRIES FEATURED The Ministry of Water, of transmission lines and long term plans to permanently Irrigation and Energy said distribution stations caused address the problem. it is undertaking activities power interruptions. to meet the ever-increasing Alemayehu said that the power demand for power in the The Ministry is working to demand of industries is industries and end power expand the capacity of the growing every year; it has interruptions. transmission lines and increased by 500mw this year distribution stations. When this alone. Last year it was (03.01.2015 – ENA) project completes, the power 1200mw. interruption many of the While discussing with medium industries have encountered In addition from the efforts and higher industries here will be solved, he added. from the government side to today, the Minister Alemayehu address the problem, he urged Tegenu said increasing demand He added that the Ministry has that industries should also combined with limited capacity been implementing short and need to minimize power waste. 6 ETHIOPIA IMPORTING COTTON TO MEET DEMA ND FEATURED Ethiopia has imported over the factories through According to Bantihun, 3,000 tons cotton over the importation and expansion of industries such as Ayka Addis, past five months to ease cotton plantations, Bantihun Adama and Selin dewan textile the raw material shortage Gesese, PR Director at the factories are working in this in the textile industries, the Institute told ENA. regard. Textiles Industry Development Institute The government has The raw material shortage is said. introduced a new system that affecting the revenue the allows factories to cultivate nation is getting from textlies (02.01.2015 – ENA) cotton in order to ease the export. The revenue secured shortage for raw material. during the past five months is The government has been one-third of the target. trying to meet the demands of 7 ETHIOPIAN EYES RWANDAIR AS STRATEGIC PARTNER The management of headquarters of RwandAir and giving the company financial Ethiopian Airlines has held discussion with officials of support yearly to upgrade its shown an interest in RwandAir and government fleet and to expand facilities at becoming a strategic officials. Senior executives of its hub in Kigali. partner of RwandAir, the Ethiopian have expressed their national flag carrier of interest in becoming a strategic An African airline industry Rwanda. partner of RwandAir. analyst The Reporter talked to said that RwandAir as an airline (03.01.2015 – The Ethiopian Airlines Group CEO, is growing fast and making an Reporter) Tewolde Gebremariam, impact on the market. “The confirmed his management’s reason the government is RwandAir is a small but fast interest in RwandAir but looking for a strategic partner growing airline in Africa. The declined to give further details is to help it move forward government of Rwanda is as the discussion is at an early faster and to build its capacity. currently looking for a strategic stage. They are looking for like partner that can help it in minded airlines like Ethiopian taking the national flag carrier RwandAir was established in its Airlines and others. It is not for forward. The Government of present form in 2009. It existed financial support as such. Rwanda has hired an before as RwandAir Express There are many carriers international consulting firm, which was semi government- wanting to partner with Ernst & Young, and is studying owned. With only one wet RwandAir since it is now IOSA a turnaround strategy. leased twin otter aircraft

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