[Jan 2017] Alle-Bejimla Latest Ethiopian News - AddisBiz.Com | Ethiopian Business Guide
Alle Bejimla, the state owned wholesale cash & carry store, is joining the vegetable market in a month’s time with capital of 10 million Br.
This was disclosed at an event at Sheraton Addis, where A.T. Kearney, a consulting firm that has been working with Alle Bejimla, presented findings of a series of studies, one of which recommended entering the vegetable market. A feasibility study has already been completed and Alle is now preparing to launch operations.
The decision was informed by the study, which claimed Alle’s...
The Ministry of Trade (MoT) has rationed the 40 million litres monthly import of edible oil among nine businesses which were previously selected.
The nine businesses include three endowments, one government and five private companies. The MoT selected these out of 300 businesses which had been engaged in the importation of edible oil, of which 70 were still active when the ban was imposed.
Recently, the government decided to lift the ban which had been in place since 2011, preventing private companies from importing edible...
The government, which has been reassessing the ban on the importation of palm oil by private companies, in effect since May 2011, is to lift the ban beginning August 6, 2015.
The lifting of the ban will still preclude the participation of previous major importers such as Get-AS International, Camel Trading Enterprise and Country Trading.
These were among the six major importers along with Al-Sam International and AHFA Plc, who had collectively imported 13 million litres of palm oil in 2011, which the government took from...