Unexpected Rain in Djibouti Disrupts Port and Road Logistics
Erratic showers pour into Djibouti, causing logistical problems for Ethiopia’s vital imports.
Capital News Paper has been informed by those who are closely monitoring the situation that unusual rains have been falling in Djibouti for the past few days, which is unusual given the country’s low annual rainfall.
The country’s situation has impacted logistics operations at ports and even road transport, according to the observers,
Roba Megersa, CEO of Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the Djibouti rains disrupted the cargo unloading operation on Saturday for one shift.
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The Ethio-Djibouti Railway Transport Joint Stock Company announced that it has earned 2.5 billion birr in the last five months.
In the last five months alone, it has been reported that it has earned 2.5 billion birr by transporting more than 500 thousand tons of cargo, which is more than 600 million birr compared to the same period of the fiscal year 2014.
It was explained that the association’s contribution to export and import trade in the last five months of the 2015 financial year reached 15 percent, compared to the previous 11.2 percent.
The association is said to have transported more than 500 thousand tons of cargo in the last five months, including soil fertilizer, oil, wheat, vehicles and other cargo.
ESLSE Voices Concern Over Reckless Waiver Issuance
Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the continent’s sole operator of cross-continental vessels, claims that the approval of irresponsible exemptions poses a threat to its survival.
The multimodal monopoly and logistics behemoth claimed that the practice of granting exemptions to select investors was jeopardizing the company’s reputation.
The enterprise’s leader stated during a press conference on January 25 held at the logistics giant’s headquarters that most projects completed by Chinese companies have a leverage of waivers that should be corrected and further cited that if this is not changed, the operations of the logistics firm will be severely hindered.
“Waivers are posing to be of huge impact to our operation and performance,” Roba Megersa, CEO of ESLSE, said whilst disclosing the six-month performance of the 2022/23 budget year’s performance.
“If the waiver permission is not managed properly, the performance of the enterprise, the country’s long established vessel ownership and its flag carrier may be endangered,” Roba expressed his concern.
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