Business Negarit

News on the Ethiopian Business Climate Reforms.

[Ethiopian Investment Commission (EIC) @EthioInvestment]

The Ethiopian Investment Commission (EIC) is just declared winner of the prestigious ‘Strengthening IPA Advocacy Services’ Gold award 2021.The award is given to the EIC at the ongoing World Investment Conf. being held alongside the UNCTAD World Inv. Forum in Geneva, Switzerland.

[Mamo Mihretu @mihretum]

Inspired to witness in-person the progress made and reflect on the lessons of Oromia region’s agriculture reform program.

THREAD ON LESSONS:

[Business Info Ethiopia @eth_business]

#ETH power cost of tariff for industrial consumers stands at US cents 4/kWh (close to birr 2/Kwh). Compared to Kenya US cents 18/kWh, Egypt US cents 6/kWh, Uganda US cents 12/kWh, Tanzania cents 7/kWh, South Africa US cents 9/kWh, #ETH offered the cheapest cost of electricity.

[Ministry of Finance - Ethiopia 🇪🇹 @MoF_Ethiopia]

The focus of the economic reform program we have implemented in the last 3 years focuses on modernizing the economy& the adjustment of macroeconomic fundamentals. We will continue to assess the current realities in #Ethiopia to ensure sustainable economic growth & development👇

[Ahmedin M. Ahmed, PhD 🇪🇹 @DrAhmedin]

የኢትዮጵያ ዲጂታል ኢኮኖሚ ግንባታ ጉዞ https://t.co/JkEsn5oy5C

[Rising Ethiopia @RisingEthiopia]

1/1
Happy Mesekel
Meskel (the True Cross), is the celebration of the finding of remnants of the actual cross on which Jesus was crucified. It is remembrance of Saint Eleni discovery the hiding place of the cross used at the crucifixion of Jesus by having bonfire on Sep 26.

[Office of the Prime Minister - Ethiopia @PMEthiopia]

የሚኒስትሮች ምክር ቤት በዛሬው ዕለት ባካሄደው 100ኛ መደበኛ ስብሰባ በተለያዩ ጉዳዮች ላይ ተወያይቶ ውሳኔ አሳለፈ፡፡

#PMOEthiopia

[Dr Eng Seleshi Bekele @seleshi_b_a]

1/3 Today 15/08/21 marks installation of huge rotor and stator of unit 10 of #GERD power plant. This is one of the 2 early generation units with capacity of 375MW each.
In another note, a delegation led by H.E the Deputy Prime Minister and Minister of Foreign Affaris of Congo,

[Ministry of Finance - Ethiopia 🇪🇹 @MoF_Ethiopia]

The Government of Ethiopia has released an RFP for the Partial Privatization of Ethio-Telecom to invite proposals from interested parties who can add value to the company by bringing in best practices in operations, infrastructure management & technological capabilities.

[Business Negarit @BNegarit]

🌼መልካም አዲስ አመት🌼
🌼Happy #Ethiopia|n New Year🌼

[Business Negarit @BNegarit]

Compilation of reforms @ethiopia_trade has implemented in <3 years to ease the business registration & licensing process👇
From liaising with its Gov't counterparts to digitizing its service delivery, notable changes have been recorded.
#ReformingEthiopia
https://t.co/0H45KqOyet

[Business Negarit @BNegarit]

.#info_Mondays #DidYouKnow
Court cases are assigned at random & without any human interference in all benches of the Federal First Instance Court including commercial benches, allowing for transparent and efficient service delivery.
#ReformingEthiopia #Ethiopia #DoingBusiness

[Business Negarit @BNegarit]

➡️you have a time sensitive commercial dispute
➡️you go to court only to find out commercial cases are handled in the same bench as that of civil cases
➡️large # of cases leads to your matter taking months/years to solve
Now imagine if there were dedicated commercial benches!

[Business Negarit @BNegarit]

Public↔️Private Sector Advisory Forum, what better way to reform a country than to gather policymakers & implementers with stakeholders & sector experts?
#ReformingEthiopia
#Ethiopia
#DoingBusiness
#DealingwithConstructionPermit #outsourcing
@HelawiSewnet @AddisConPermit

[Helawi Sewnet 🇪🇹 @HelawiSewnet]

During a recent reform advisory forum on improving ease of doing business in #Ethiopia, 94% of the participants affirmed the importance of partial #outsourcing of #ConstructionPermit services in #Addis as an alternative solution, and 69% of them deemed it urgent.

[Ministry of Finance - Ethiopia 🇪🇹 @MoF_Ethiopia]

በመሰረታዊ የምግብ ሸቀጦች ላይ የጉምሩክ ቀረጥና ታክስ ማሻሻያ መደረጉ ተገለጸ
https://t.co/Xgm7TyXj4n

[Business Negarit @BNegarit]

Federal First Instance Court & Federal High Court have set up a total of 7 commercial benches specifically for commercial disputes related with contracts, banks and bankruptcy. This special segment explains the need for & role of commercial benches
https://t.co/WnqWqNMbPz

[Business Negarit @BNegarit]

➡️you have a time sensitive commercial dispute
➡️you go to court only to find out commercial cases are handled in the same bench as that of civil cases
➡️large # of cases leads to your matter taking months/years to solve
Now imagine if there were dedicated commercial benches!

[PRAGMA CAPITAL @pragma_capital]

As part of the country’s initiative to draw investment, the government has been offering duty-free import privileges to importers involved in several sectors of the economy, including the hospitality industry. @addis_fortune

[Business Negarit @BNegarit]

Visit the links below for more information👇
https://t.co/gWK11hZnxh
https://t.co/YYqx5pu271

#Ethiopia #ReformingEthiopia
#DigitalEthiopia #DoingBusiness

[Business Negarit @BNegarit]

Where would you start if you wanted to register your business? How about get a construction permit or register your property? Answers are found on the Business Portal, developed to centralize info about gov't services, track requests status & provide important alerts. #Ethiopia