Skip to content

Guna to export 17 mln usd worth sesame

Posted on by Elias Kifle

Source: Ethiopian Woyanne News Agency

Guna Trading Houses [owned by the Meles crime family] envisaged to export 13,000 tons of sesame valued at 17 million US dollars to global market this Ethiopian Fiscal Year, its General Manager (GM) said.

In an interview with ENA on Friday, the GM, Mulualem Berhane said his company has already exported 3.2 million USD worth sesame in the last two months. Ethiopia is expected to get six million USD additional hard currency from the company’s export compared to that of last year.

Mulualem said the volume particularly the amount of foreign currency being generated from the company’s sesame export has been increasing since the last three years.
The company sesame export volume rose to 10,000 tons in 1999 EC from 9,000 tons in 1998 E while the amount export revenue increased from 9 million USD to 11 million USD same preiod, according to the GM.

Mulualem attributed the success to mainly to the improvement in the quality of sesame and rise in the volume of export.
The construction of a 13-million Birr modern store in Humera (Tigray State) and purchase of a 5-million Birr sesame-cleaning machine have helped the company to improve the quality of sesame, the GM mentioned.

Guina Trading Houses, whose share in the country’s total sesame export revenue accounts for 11.3 per cent last year, is determined to raise the figure to 15 per cent this year, Mulualem said.
He said his company was used to export mainly whitish sesame from Humera which he said is high quality until last year. But it expands its market horizon to Metema, North Gonder Zone.

According to Mulualem, Afar and Benishengul states are also found to be suitable for growing sesame, which was considered to be produced in Humera, Metema and Wollega localities alone. .

If appropriate inputs and technology are used in the two regions and the private sector involves, a significant amount of volume of sesame can be produced that would help accelerate in the nation’s the amount of foreign currency earning, he said.

——————
EDITOR’S NOTE
Ethiopian businessmen are forced to compete with Guna and other mega corporations owned by Woyanne, Meles Zenawi’s criminal gang. After the competition are forced out of business, the farmers are forced to sell their products to Woyanne companies (vampires) at below market value.

2 thoughts on “Guna to export 17 mln usd worth sesame”

  1. do these campanies pay any taxes ? some time they do snatch free from the farmers. the only thing what they can do is saying ” he is the member of EPPF, OR,OLF”

  2. There is no fairness in trade in the developing countries, especially in Ethiopia. There is no way the Ethiopian farmers who do not own modern farming equipments will benefit from what they have been producing, using oxen and hand tools. Those farmers from Humera and Setit regions and from any other regions that produce similar products are simply tillers of the land for Meles Zenawi. Meles may have also begun exploiting the Belesa farmers who produce the best cotton in the country.

Leave a Reply