The Ethiopian Bottled Water, Soft drink, Fruits and Vegetable Processing / Manufacturing Industries Association (EBSFMIA) wins 2019 P4G Start-Up Partnership Award
With the support of Nestlé Waters Ethiopia, Coca-Cola Beverage Africa, and 2030 Water Resources Group (2030 WRG), the EBSFMIA has won the Partnership for Green Growth and Global Goals 2030 (P4G) 2019 Start-Up Partnership Award, which recognizes new partnerships deemed to have exceptional potential for advancing social, environmental, and economic progress. The award includes a funding of USD 100,000, which the Association together with its partners plans to use to establish an Ethiopian Beverage Alliance for Water to promote collective action for sustainable water resources management amongst beverage industry actors, government, and communities.
Addis Ababa Feburary 28/2019 Ministry of Trade and Industry has called on bottled water and soft drinks manufacturing industries to increase productivity and unleash Ethiopia's export industry. Speaking at the general assembly of Ethiopian Bottled and Soft Drinks Manufacturing Industries Association (EBSMIA), Trade and Industry State Minister Yohannes Dinkayehu said Ethiopia needs to exploit its export potential and transform the economy.
The association will have 79 member
Two young associations, one representing bottled waters and soft drinks manufacturers, and the other fruits and vegetable processors, merged late last month. The new Ethiopian Bottled Water, Soft Drinks, Fruits & Vegetables Manufacturing Industries Association will have 89 members.
The decision was made at an emergency meeting by the general assembly of the Ethiopian Bottled Water & Soft Drink Manufacturing Industries Association on February 28, 2019. Held after an initiative by the Ethiopian Fruits & Vegetables Processors Association for a merger, the assembly voiced their thoughts on the matter and passed the merger proposal with no objections and four abstentions.
A letter signed by the management of 33 local bottled water companies has been sent to the Ministry of Finance asking for the lifting of excise taxes on bottled water.
Currently around a 20 percent of excise tax is levied on packed waters. The basis for excise tax computation is the total cost of the product for items manufactured locally and CFI value in case of imported goods.