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The Insurance Guru speaks out
Spread the News Eyessuswork Zafu, the insurance guru is a Chairperson of the Board for Hibret Bank S.C. He was a founder and Chairperson of Hibret Insurance S.C. He speaks on the challenges, prospects and competitiveness of the insurance industry to Kaleyesus Bekele of Origins Media, excerpts;  Insurance business was first introduced to Ethiopia…
Interest free finance, economy summit kicks off
Spread the NewsOrganized by Halal Promotion PLC, Interest-Free Finance and Economy Summit has been kicked off Thursday at Sheraton Addis Hotel. Ahmed Shide, Minister of Finance, Solomon Desta, Vice Governor of the National Bank of Ethiopia (NBE) for Financial Institutions Supervision, Mohammed Endris (PhD), Director General of Ethiopian Diaspora Service (EDS), Ambassador Birtukan Ayano, State…
Ethio Sugar plans to launch trial production in four years
Spread the NewsEthiopia Sugar Manufacturing Industry Share Company announced that it has a plan to launch a trial production after four years. The factory will also start producing and exporting sugar in five years. Bitew Alemu, CEO of Ethio Sugar Manufacturing Industry Share Company said in a press conference Tuesday at Sheraton Addis that once…
Ethiopia’s AGOA eligibility status still undecided
Spread the NewsEthiopia’s eligibility status to the African Growth and Opportunity Act (AGOA), which gives a duty and quota free access to the country’s textile, garments, shoe, leather, footwear and others to the United States, is a pending issue, sources said. The AGOA trade program provides Sub-Saharan African nations duty-free access to the United States…
Addis Chamber enhances discharging its corporal social responsibility
Spread the NewsAddis Abeba Chamber of Commerce and Sectoral Associations (AACCSA) said it has increasing discharging corporate social responsibility and it is working to rehabilitate the damaged areas due to the war in the northern part of the country. AACCSA has been supported people who are displaced due to the war in northern Ethiopia and…
Beles Sugar Factory launches operations
Spread the NewsBeles Sugar Factory, which is located at Jawi Wereda in Amhara region, has officially started its production on Thursday. The factory launched its production in the presence of Anteneh Asigie, General Manager of the factory and other management staffs as well as officials of Fendika town. The factory has a capacity of producing…