ECCSA procures additional bond worth 500, 000 birr, interest free
The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) procured bond for the construction of the Grand Ethiopian Renaissance Dam (GERD) with an outlay of 500 thousand, interest free.
The handing over ceremony of the Bond certificate was conducted today at the ECCSA auditorium, where representatives from the GERD mobilization office, Madam Mulu Solomon, president of the ECCSA, Board of Directors of the ECCSA, members of various media, and management staff of the ECCSA were in attendance.
Handing over the certificate, Madam Mulu said, “The visit paid by the board in the construction site of the GERD was a moment in time to remember where nationalistic feeling was igniting among us, which caused procurement of additional bond by the ECCSA.”
Assuring that ECCSA would continue to back until the construction of the GERD is realized, Mulu said, “we will not stop after the completion of the GERD. We will also start another one.”
Representative of the office of the GERD project mobilization on his part said that it is my best conviction that the ECCSA could contribute a lot towards mobilizing and sensitizing the public towards one national agenda; in this case towards the construction of the GERD.
The Board of Directors of the ECCSA passed the decision following the visit by the board and the management in the actual construction site of the project, Guba woreda of Metekel Zone, Benishangul Gumz regional state located some 900 kilometers from Addis Ababa.
It is recalled that the ECCSA has previously procured a bond with an outlay of 100,000 birr; in addition to what the employees and the management contributed their monthly salary, amounting 134,500 birr.
ECCSA is devising a formula on to how to mobilize the business community at large through its 11 member chambers and 7 sectoral associations, it was learn.
Newly Appointed Ambassadors confer with ECCSA Secretariat
By Eyob Tadelle
The newly appointed ambassadors of Turkey and Brazil, Ayalew Gobeze and Sinkinesh Ejigu respectively discussed with management of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), led by the Secretary General Gashaw Debebe, on various issues of mutual interest. On the occasion held at ECCSA’s auditorium, the two ambassadors sought major activities of the chamber for which the Secretary General elaborated the missions, visions and core activities of that the chamber has been doing since its establishment 66 years ago. ...Read More
Chamber Officials Visit Ayka Addis Textile Factory
Officials of the Ethiopian Chamber of Commerce and Sectoral Associations visited Ayka Addis Textile & Investment Group (AATIG), the Company’s headquarters located in Alemgena – a town located in the Oromia Regional State. Officials of the Chamber led by President Mulu Solomon also held discussions with the owner and Manager of the Factory Mr. Yusuf on the overall functioning of the textile factory. The Manager raised some challenges associated with human resource such as huge turnover of employees, problems related with industrial peace, discipline and ethics at work, among others. The President expressed her gratitude for the warm welcome offered to the chamber officials by the management of the Company. Mulu also said that the national chamber would do its level best to help redress the challenges that the factory is facing...Read More
Secretary General lauds HwK ECCSA Partnership Project
By Eyob Tadelle
Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations lauded the HwK-ECCSA Partnership project, which he described it as ‘one of the most successful projects’ in building the capacity of members of the national chamber.
The Secretary General made the remark while discussing with members of the Handwerkskammer Frankfurt- Rhein-Main on the overall performance of the Hwk-ECCSA Partnership project, possible ways of extension and other issues. Gashaw explained the main roles of the national chamber as trade and investment promotion, advocacy and capacity building. He said that the ECCSA has been working to create a strong private sector in the country in collaboration with other stakeholders and development partners.
The Secretary General said that the Hwk-ECCSA has been instrumental in building the capacity of member chambers and it is one of the most successful projects that the ECCSA has been undertaking in collaboration with its partners. Gashaw requested for the extension of the project given the paramount importance it has been playing in building the capacity of its members and strengthening the chamber system.
Representatives of the Frankfurt- Rhein-Main on their part said that they are delighted for the project is being well implemented and helping the Ethiopian chamber system. The representatives said: “though the discretion of extension is of the German government, there is high possibility of extension.”
Chamber Officials host Italian Business Delegation
Ethiopia’s relation with Italy goes far back in history. It is associated with the long history of Ethiopia and Europe. In the same vein, Italian diplomatic and political links with Ethiopia continued in the 19th and 20th centuries via diplomatic, commercial, colonial and modernization links. Italians were also closely associated with the creation of a modern Ethiopian state from the 1930s onwards. After 1991, however, Ethio–Italy relationships have been significantly changed to accommodate diplomatic, economic, trade and investment partnerships. Ethiopia’s relations with Italia are now far more solid than ever before.
HwK-ECCSA Partnership Project Organizes Various Capacity Building Trainings
The Hwk-ECCSA Partnership Project organized trainings on trade show organization, good governance and human resource development to members of the national chamber, regional as well as city chambers. Opening the trainings, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations Gashaw Debebe said that the Hwk has been supporting the national chamber on various areas such as on trade and investment promotion, capacity building and advocacy. To this end, Gashaw said, the project has helped the chambers to build their capacities in particular and the chamber system in general.