Nomonanoto Show

Friday, October 30, 2015

-Indian garment factory opens doors
By Birhanu Fikade
Following the recent visit of Prime Minister Hailemariam Dessalegn, a Chinese firm has finalized deals to lease two manufacturing sheds with 11,000 and five thousand sq.m areas at the Hawassa Industrial Park which currently is under construction, The Reporter has learnt. 
Indochine, a renowned Chinese textile firm mostly engaged in souring activities has wired the down payment of USD 200 thousand via the National Bank of Ethiopia and currently the firm has acquired 11,000sqm. Anila Kularatne, who currently undertakes the establishment of the Indochine International, a subsidiary of the China based Indochine Apparel Ltd, told The Reporter that the company has deposited the minimum capital required from foreign investors. 
According to Kularatne, the company will be involved in manufacturing garments and will install plants for laundry, denims and the like. Though Kularatne opted not to disclose further details before final agreements have been made said the plants would need some two to three thousand workers at the factory. 
Sileshi Lemma, director of Textile Industries Development Institute (TIDI) confirmed that Indochine has finalized investment procedures and currently it is waiting to have a go for the additional five thousand industrial shed approved by the government. 
Hawassa industrial park is expected to be completed and commence operations in late April. According to the information posted on the website of the Industrial Parks Development Corporation, 100 hectares plot of land will be developed during phase one and serviced land will be available by the end of 2015. During mid-2016, pre-erected factory sheds will be made available for investors. 
Indochine is primarily a sourcing company but it has ten percent of manufacturing base in Cambodia and Vietnam next to China. 
In a related news, Kanoria Africa Textiles PLC which has set up denim plant at Bishoftu is to be inaugurated today.  Jay Soyantar, vice president of marketing at Kanoria Africa told The Reporter that the company has invested some 45 million dollars. The annual production of Kanoria Africa is estimated to be at two million meters per year.
Soyantar mentioned some of the customers waiting for the company’s products. “For example, PVH, VF Corporation and JC Penny from America are engaging us at the moment”, he said.
VF Corporation is a renowned US brand operator mainly outdoor and action sports, jeanswear, image wear, sportswear and contemporary brands.  The company controls 55 percent of the US backpack market with the Jansport, Eastpak, and Timberland and North Face brands. 
PVH Corp. is the other American clothing company which owns brands such as Tommy Hilfiger, Calvin Klein, Van Heusen, IZOD, Arrow, and licenses brands such as Geoffrey Beene, BCBG Max Azria, Chaps, Sean John, Kenneth Cole New York, JOE Joseph Abboud and MICHAEL Michael Kors. In addition to that JC Penny runs chain of stores across the US.
Source: http://www.thereporterethiopia.com/index.php/news-headlines/item/4080-chinese-textile-firm-leases-industrial-sheds-in-hawassa-park
Photo from soka
Kenyan striker Eric Muranda was among the starters as his team, Sidama Bunna rallied from a goal down to hold Hawassa Kenema to a one-all draw in the first match of the 2015 Ethiopian Premier League on Thursday 29 October at Hawassa Stadium.
Bekereket Yisaq gave Hawassa the lead at the stroke of halftime from the spot beating Sidama goalkeeper Fikru Wodessa but Andualem Nigussie levelled from a similar situation on the 55th minute.
Suffered
Nigussie placed the ball past Hawassa goalie Brian Tobego as the two sides went on to share spoils in the fixture, dubbed the Southern derby.
In other matches played on the day, defending champions St. George FC suffered a 0 – 2 loss at the hands of Adama Kenema thanks to Wondwessen Milkias’s double on the 14th and 17th minutes.
At Addis Ababa Stadium, Yabun Williams perhaps scored the fastest goal in the league as Ethiopia Bunna defeated Ethiopia Nigd Bank by a solitary goal, with Yabun scoring 30 seconds after the opening whistle.
Second match
Elsewhere, Tesha Gizaw scored a late goal to help Dashen Bira beat Diredawa Kenema with a similar score line recorded at ArbaMinch Stadium between ArbaMinch Kenema and Hadiya Hossana. Teshome Tadesse struck in the 88th minute to hand hosts ArbaMinch a crucial win at home.
Muranda’s Sidama hosts St. George in their second match on Monday 2 November.
Source: Soka
Photo from Web
Land degradation worldwide costs an estimated US$10.6 trillion every year and presents a huge challenge to future global food security. In sub-Saharan Africa, including Ethiopia, soil nutrient-depletion is directly related, where fertilizer use and agricultural productivity rates are the lowest in the world. Many African countries use little or no potash fertilizers, which are crucial for balanced fertilization and sustainable cropping systems.
To address this challenge, over 70 international agricultural experts and researchers will gather at the Hawassa University, in the southern region of Ethiopia, for the 2nd annual symposium on the role of potassium in balanced fertilization from 24-25 November 2015.
The symposium, jointly organized by the Ministry of Agriculture of the Federal Democratic Republic of Ethiopia, the Ethiopian Agricultural Transformation Agency, the International Potash Institute (IPI), and Hawassa University, will bring together key researchers and senior soil fertility experts to discuss the beneficial role potassium fertilizers can play in increasing crop production and quality in the region.
This focused and timely event will provide leading professionals from Africa, Asia and Europe with an opportunity to meet with Ethiopian researchers to analyze findings from soil fertility mapping, potassium research and the latest technology innovations in the sector.
"For the first time in its history of fertilizer use, Ethiopia has started to distribute potash fertilizers to farmers in areas where it is urgently needed. This is no less than a dream come true! And is an exciting story we intend to share with symposium participants," says Professor Tekalign Mamo, until recently, adviser to the Ethiopian Minister of Agriculture, UN special ambassador for the 2015 International Year of Soils, and senior adviser (East Africa) for IPI.
Source:allAfrican.com