Citrus International Trading Plc has introduced alternative water tankers manufactured in the UK.
According to the partnership agreement that Citrus sealed with Butyl Products Ltd they will begin introducing new tanker products and accessories used for emergency relief, housing projects and other mega projects at their site.
Citrus is well known for supplying water purification tablets called Aquatabs from Medentech Limited of Ireland for home use and for international aid organizations stated that supplying Butyl’s product would be a good opportunity to expand safe water throughout Ethiopia.
Craig Ball, Sales Director of Butyl Products Ltd, stated they are the biggest tanker supplier in the world for aid agencies.
He said that his company has agreed with Citrus because they are trusted by international and local aid agencies as they have been supplying water purification tablets for the last decade.
“We are not new to the Ethiopian market but the deal with citrus will create a better,” Ball told Capital.
He stated that his company has installed a product called Flexigester V80 at the project in the Wukro, Tigray region carried out under a local NGO called Elshadai Orphanage.
The product was installed at the Wukro biogas and fertilizer project.
Ball said that Flexigester V80, which is one of several products Butyl makes, is an innovative anaerobic digestion system that can take materials such as animal manure, unused food, human waste and plants and convert them, over a period of several weeks, into natural bio-fertilizer and biogas.
On Wukro case the product installed to process animal manures into biogas and fertilizer.
On Wednesday January 24 on the event that held at Golden Tulip Hotel the company representatives and officials from Citrus has presented about the product and gave a training for experts that came from different local and international aid agencies, relevant government professionals and representatives of private companies like civil contractors and real estate developer.
Menassie Kifle, GM of Citrus, said that the water tanker product is already installed for a hotel facility at Afar recently. He added that in the coming week the tanker will be erected at the site of Ethiopian Airlines employees’ housing project at Ayat area.
“Some companies and organizations have already shown their interest to use the product since it is more durable, easily installed within very few weeks and cost wise than concrete tanker,” Menassie said.
Ball added that the prices of his products are comparable to similar overseas companies.
Butyl Products Ltd. has been working with global aid agencies, international relief agencies, governments and NGOs around the world since 1965, responding to emergency / humanitarian aid requirements and as part of planned infrastructure development projects.
Butylis specializes in the design, development, manufacture and installation of a wide range of rapid, deployable liquid containment module systems.
Citrus International Trading PLC is a leading import, manufacturing and wholesale distribution company dedicated to providing complete pharmaceutical, household water safety, and hygiene and sanitation solutions to all families in Ethiopia.
New alternative water tankers hit the market
FOUNDATIONAL CRISIS
To those seriously interested in the whole spectrum of human affairs, (not excluding our interaction with ‘Mother Nature’) the current systemic/structural crises have become truly frightening. Unsafe imbalances tend to dominate the operations of the various global institutions. Many of the interactions in the various sectors of collective human existence; politics, economics, etc., are not only superficial and fake, but are also precariously fragile. The economic domain of the world order, which anchors all other institutions, (more or less) is unstable. The slightest perturbation within this dominant sector is bound to cause major disruptions across the world. Unfortunately and like before, (the 2008 financial crisis, etc.) the global sheeple (human mass) is intentionally misled about the prevailing concrete reality. Instead of facts and the bitter truth, the sheeple is fed lies, lies and statistics. Frivolous news and numbing entertainment are aggressively used to detract the global masses from important issues!
As we never tire of repeating, the global economy, which is fixated on continuous growth, is an epitome of stupidity. Further exasperating the situation brought about by this nonsense is the monetary system that underpins the global economic regime. Whichever way one cuts it, modern finance is built on massive fraud and it is this fraudulent activity that is accelerating the demise of the world system! Like many things in life, the current crises of modern finance emanate from internal as well as external challenges. The continuous printing of money out of thin air has distorted the very rule of the game. Those connected to the money spigot become immensely rich, (way beyond compensatory rewards for their efforts), while the working stiffs continue to lose ground. The lopsided income distribution, particularly since the 2008 financial crisis, is a very clear example of what finance is capable of doing. If truth be told, modern finance has single handedly redefined what capitalism is all about. See Smith’s article next column and others on page 44 & 46. Understandably, the Davos crowd is now very worried. These operators know that the whole scheme is a scam, and without this con game most of their supposed wealth (unearned) will just vanish into thin air, whence it came! At the end of the day, real wealth is derived, directly or indirectly, from the systemic disfranchising of the global sheeple’s labor. The Davos bunches are masters at cleverly employing various manipulative technics to have their ways. Wrongly educating the masses as well as their minions to unquestioningly accept the status quo, hence their own subjugation is one such scheme.
The other agenda item in the Davos jamboree is how to save global finance from ascending informatics. The onslaught brought about by modern informatics in finance, particularly in the area of currency is scaring bankers and the central banking system. The two evils existing banking/financial system depend on, namely; hierarchical centralization and non-transparency, are being challenged by the emerging crypto currencies! All cryptos, almost without exception, (exceptions are those being concocted by the banksters/states) are working to get rid of these two evils of the prevailing global financial regime. Again, this moves is scaring the daylight out of the manipulative cliques, at the service of monopoly capital. Naturally many of the global states are genuinely confused about cryptos and where they are heading. On one hand, those who have not been profiting immensely from the current arrangement (peripheral countries) want financial regime change. On the other hand, the core countries want to maintain their hold of the system to that they can continue to milk the poor in their countries as well as abroad. What would ultimately prevail in the long run is anybody’s guess. To be sure, there are many problems and difficulties associated with cryptos that need to be solved before cryptos become fully useable. Some states are meticulously working to come up with cryptos that will help change the existing fraudulent banking system!
In the mean time the global sheeple is becoming angrier by the day, hence ‘populism.’ If things don’t improve significantly and soon, what follows might well be interactions involving pitchforks, guillotines and machetes! In fact, one of the major agenda item in Davos is how to deal with the rising ‘populism’ worldwide. Davosians have figured out that ‘populism’ will pose serious challenges to their ongoing accumulation process. ‘Populism’, whether of the right or left inclination, might not tolerate the current polarized existence. See Oxfam’s report on page 44. Various initiatives to seriously undermine the reigning economic regime is already underway by forward articulators and activists. Alarming resource shortages and visible environmental degradation cannot inspire long term confidence in the system, however much one is brainwashed. The ‘knowledgeable’ elites, particularly those who have major stakes in the global status quo, have chosen to be part of the problem instead of trying to become part of the solution. Sadly, the large majority of the learned is sufficiently brainwashed by establishment institutions, (including the paid and state media) to be of much help in devising needed alternatives.
“How can any country chart a viable direction when its strategic thinking is so fundamentally false and, in effect, based on paranoid delusion? It is inevitable that if a nation or group of nations construct policies and allocate resources based on a fundamentally erroneous assessment of the world then such a direction is bound to result in disastrous failure and collapse.” Randy Martin, political analyst. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” Warren Buffet. Good Day!
Malt price increases after brewers announce new tariff
Assela Malt Factory has increased malt price two days after Ethiopian breweries announced a price increase in their products.
The malt factory stated that ‘the shortage of local barely supply and stiff competition for obtaining malt barley’ led to the price increase. “Due to this problem, currently the cost of local malt barely has increased tremendously at an alarming rate which has inflated our cost of production,” a letter issued to breweries on Wednesday January 24 explained.
The letter went on to say that sustaining the current malt price when other input prices were rising at an alarming rate was too difficult, so the factory is forced to increase the price of malt they supply to breweries.
According to a study submitted to the Trade Competition and Consumer Protection Authority by the breweries, who formed an association in September 2017, the price of local malt in 2016 was 18 birr per kg. That price went up to 21 birr in 2017 and the latest Assela Malt price adjustment means that a kg of malt will rise to 24.00 birr or 2,400 birr per quintal starting from next week.
A source said that the breweries submitted their study about the rising cost of production about four months ago and discussed with the Trade Competition and Consumer Protection Authority a proposal to revise their price on bottled and glass beer supply.
The last price increment made by breweries was in May 2016. According to sources from the breweries, the significant inputs’ price increase forced them to readjust their final products’ rate. For instance they say, the price of glue, which is used for labeling, had increased by 14.8 percent compared with its cost in 2016; while prices of caustic soda (32%), labels (28%), cork (26.5%), imported malt (24.5%), and gas oil (11.2%) have increased respectively.
As of Monday January 22 the price of bottled and glass beer officially increased throughout the country.
Meanwhile, Assela Malt Factory is advertised to be privatized.
Oxfam says 82% of wealth generated last year went to the richest one percent
Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, a new Oxfam report states.
The report was launched as high level political and business figures gathered at Davos, Switzerland for the World Economic Forum.
The report entitled “Reward Work, Not Wealth” shows how the global economy enables the wealthy elite to accumulate vast fortunes while hundreds of millions of people are struggling to survive on poverty pay.
Billionaire wealth has risen by an annual average of 13 percent since 2010 – six times faster than the wages of ordinary workers, which have risen by a yearly average of just two percent. The number of billionaires rose at an unprecedented rate of one every two days between March 2016 and March 2017.
According to Winnie Byanyima, Executive Director of Oxfam International, the billionaire boom is not a sign of a thriving economy. “It is a symptom of a failing economic system. The people who make our clothes, assemble our phones and grow our food are being exploited to ensure a steady supply of cheap goods, and swell the profits of corporations and billionaire investors,” She said.
The report outlines the key factors driving up rewards for shareholders and corporate bosses at the expense of workers’ pay and conditions. These include the erosion of workers’ rights; the excessive influence of big business over government policy-making; and the relentless corporate drive to minimize costs in order to maximize returns to shareholders.
Data shows that it would cost USD 2.2 billion a year to increase the wages of all 2.5 million Vietnamese garment workers to a living wage. This is about a third of the amount paid out to wealthy shareholders by the top 5 companies in the garment sector in 2016.
Women workers often find themselves at the bottom of the heap. Across the world, women consistently earn less than men and are usually in the lowest paid and least secure forms of work. By comparison, 9 out of 10 billionaires are men.
“Oxfam has spoken to women across the world whose lives are blighted by inequality. Women in Vietnamese garment factories who work far from home for poverty pay and don’t get to see their children for months at a time. Women working in the US poultry industry who are forced to wear nappies because they are denied toilet breaks,” said Byanyima.
The report advices that governments ensure that the wealthy pay their fair share of tax through higher taxes and a crackdown on tax avoidance, and increase spending on public services such as healthcare and education. Oxfam estimates a global tax of 1.5 percent on billionaires’ wealth could pay for every child to go to school.
Results of a new global survey commissioned by Oxfam, demonstrates a groundswell of support for action on inequality. Of the 70,000 people surveyed in 10 countries, nearly two-thirds of all respondents think the gap between the rich and the poor needs to be urgently addressed.
