Economy
A New Law to Unite Ethiopia's Private Sector
Capital Ethiopia · 7 hours ago · Read the Full Story on Capital Ethiopia
AI SUMMARY
ECCSA Secretary General Kenenisa Lemi discusses the shortcomings of current business laws, ongoing economic reforms, and the long-awaited revised Chamber Proclamation currently before the Prime Minister’s Office.
- The Ethiopian Chamber of Commerce and Sectoral Associations currently operates under Proclamation No. 341 from 2003.
- Proclamation No. 341 contributed to the fragmentation of the business community by encouraging separate associations based on gender, age, and business activity.
- Kenenisa Lemi serves as the Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations.
- Work on the new Chamber Proclamation began in 2009 E.C. and the draft has been submitted to the Prime Minister’s Office.
- Delays in approving the proclamation were partly caused by differences between the Ministry of Trade and Industry and the Chamber regarding the organization's structure and name.
- ECCSA expects the revised proclamation to be approved during 2026.
- The Prime Minister recently held a three-day consultation forum with business community representatives, where the proclamation was raised as a major issue.
- A previous legal dispute between ECCSA and the Addis Ababa Chamber of Commerce regarding the ownership of the Chamber building has been resolved through the courts and mutual agreement.
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