Esimo Flower to Invest in Horticulture in Ethiopia

Esimo Flower and Agro Industries plc, an Indian Company is set to invest 100 million US dollars in horticulture in Ethiopia. The company will begin operations next July on a 71 hectare plot of land it acquired in the Amhara Regional State.

The company has finalized land leveling work on the farm as well . . . → Read More: Esimo Flower to Invest in Horticulture in Ethiopia

Ethiopia Exports Four Tons of Hypericum coco Flowers to the US

Ethiopia has exported more than four tons of Hypericum coco flowers to the United States and is anticipating to increase export quantity and variety to the American market said Girma Birru, Ethiopian Special Envoy and Ambassador Extraordinary and Plenipotentiary to the US and non-resident envoy to Mexico.

Ethiopia has become one of the . . . → Read More: Ethiopia Exports Four Tons of Hypericum coco Flowers to the US

Ethiopian Flower Penetrates American Flower Market

Tsehaye Debalkew, March 10, 2012- Ethiopia has brought over four tons of hypericom flowers into the US recently which is only a tip of the iceberg in its bid for continued expansion by bringing in more varieties and types of cut-flowers enabling it to be a significant actress in the provision of this unique . . . → Read More: Ethiopian Flower Penetrates American Flower Market

Ethiopian Plans to Undercut Go-Betweens in Flower Export

A decision by the management of the Ethiopian Airlines’ Cargo Division to launch a service to take horticulture products from farm gates all the way to auctions in Europe, thereby cutting out companies in the middle, has brought fierce resistance from industry operators.

The Airline management has announced its plan of leasing space in . . . → Read More: Ethiopian Plans to Undercut Go-Betweens in Flower Export

Ethiopia earns 133.7 mln. USD revenue from export of horticultural products

Addis Ababa, February 18, 2012 (Addis Ababa) – Ethiopia has secured 133.7 million US dollars in revenue from the export of horticultural products during the first seven months of this Ethiopian fiscal year, the Ethiopian Horticulture Development Agency (EHDA) said.

Agency Director General, Haileselassie Tekie told ENA on Saturday that the stated amount was . . . → Read More: Ethiopia earns 133.7 mln. USD revenue from export of horticultural products

Bad weather affects Ethiopia’s flower export for valentine

A recent spell of inclement weather in some of the main horticultural areas proved devastating for Ethiopia’s Valentine’s Day flower exports.

Officials at the Ethiopian Flowers and Vegetables Exporters Association say that cold weather saw the late cutting of flowers, affecting exports to European market for Valentine’s Day.

The association said that the country . . . → Read More: Bad weather affects Ethiopia’s flower export for valentine

Ethiopias Spices Export Show Significant Rise

The Ethiopian spices sub-sector is showing a steady growth in foreign currency earnings and volume of export.

The sub-sector’s six months export performance (July – December 2011) reveals that 6,800 tons of spices were exported to international market generating 16 million USD in foreign currency.

In 2009/10 fiscal year, the country obtained 18.5 million . . . → Read More: Ethiopias Spices Export Show Significant Rise

Ethiopia moves to diversify exports

Castel's vineyard in southern Ethiopia, which plans to produce 750,000 bottles of wine, mostly for export. Wine is just one of many premium exports – including flowers, vegetables, leather goods, and coffee – bolstering Ethiopia's economy, one of the fastest growing in Africa. Ethiopia is looking to diversify its economy by exporting premium . . . → Read More: Ethiopia moves to diversify exports

Foreign Nationals Employment and Work Permit in Ethiopia: Requirements and procedures

Ethiopian law allows a foreigner to be employed in Ethiopia, provided that they acquire work permit. The work permit is issued by the Ministry of Labour and Social Affairs. A work permit is given for a foreign employee in a specific type of work for three years and must be renewed every year.

A . . . → Read More: Foreign Nationals Employment and Work Permit in Ethiopia: Requirements and procedures

Percentage of Duty, taxes on major imported goods to Ethiopia

All imported goods to Ethiopia are subjected to customs duties and taxes, unless exempted by law. Taxes applicable on imported goods are; Excise Tax, Value Added Tax, Sur Tax and withholding tax. The rates differ according to the type of the good.

Duty is tariff collected on the value of the good calculated on . . . → Read More: Percentage of Duty, taxes on major imported goods to Ethiopia