News: Ministry tells cement factories to exclude agents from transaction chain - News Summed Up

News: Ministry tells cement factories to exclude agents from transaction chain


Photo: The ReporterBy Firaol Bersissa @FiraolBerAddis Abeba – The Ministry of Industry directed cement factories to exclude agents from the market network and sell the product directly, reports said. In a letter dispatched to 10 cement factories, the ministry asked the factories to indicate in a letter the names and number of agents they had excluded, according to the Reporter. He underscored that the ministry would enforce strict measures against cement factories still employing agents for distribution from now onwards. State Minister Hassen noted that cement commerce would operate on a non-interference basis whereby wholesalers would acquire it directly from the factories. The study revealed that agents were operating on family networks with the factories, and sometimes the factories themselves are behind the agents themselves.


Source: Ethiopian News May 11, 2022 12:59 UTC



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