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Pvt. Sector should Complement Gov’t efforts: City Gov’t

The Addis Ababa Chamber of Commerce and Sectoral Associations, popularly known as Addis Chamber held its annual General assembly meeting on 25 October 2018, Addis Ababa.

The Assembly heard and endorsed the 2010 E.C annual audit reports of the Chamber. The audit report was also presented to the audience by an independent audit firm and the same was endorsed by the Assembly.

14thGAElectionThe Assembly in its 14th Regular session has elected a career banker and company owner Mesenbet Shenkut defeating her challenger Saladin Kelifa by winning  419 ‘Yes’s out of 1050 votes cast. Out of the 11 newly elected members of the Board of Directors 3 are females including the president.

Earlier on the occasion, the guest of honor, Abdulfetah Yesuf, head of the Trade Bureau, said in his opening speech that the city government is ready to work with the private sector in compatible way. The government, so far could not afford to furnish all social, economical , infrastructural  need of the public at once. Therefore, the private  sector must fill the existing gap, Buearu Head said. The government  believes that private sector can make  a tangible difference in the economic development process of the country given the accumulated human, financial  and knowledge resources the private sector has at hand, Abdulfetah added.

The City Government remains committed to work in partnership with  Addis Chamber  in its effort to promote business and investment , he said.  The government is working creating more conducive play ground for the business community. In this regard, the proclamation for Chambers’ establishment is to go under revision, the Bureau Head added. According to Abdulfetah, the need for the revision is needed with the view to enabling the chamber achieve modern services to the rate of international standards, he added.