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Ethiopia garners $390 mln in nine months from manufacturing exports
Spread the NewsEthiopia has garnered $390 million from exports of the manufacturing industry, Melaku Alebel, Minister of Industry, said Tuesday. Melaku pointed out that the performance was 87 percent of the target set for this Ethiopian fiscal year. “Activities will be conducted to boost industrial export earnings,” he said, adding that, “Solving the difficulties in…

Ethiopian Airlines resumes flights to Bengaluru, India
Spread the NewsEthiopian Airlines, Africa’s best airline and the largest aviation group in Africa, has announced the resumption of thrice weekly passenger flights to Bengaluru, India as of 27 March 2022. The airline announced the recommencement of after it halted operations for two years due to the Covid-19 pandemic. Ethiopian operated its first flight services…

Bunna Bank awards customers
Spread the NewsBunna Bank Share Company has awarded its customers, who are working in mass and freight transport services. The awards have been presented to Bank’s 34 lucky customers on Thursday in a program held at Ghion Hotel. This round of “Save and get prized” program has been held for the sixth time. The awards…

Ethiopian brings back B737 MAX in February
Spread the NewsFollowing months of rigorous monitoring and painstaking preparation, Ethiopian Airlines has announced that it has set to return the B737 MAX back to the skies in the first week of February. The B737 MAX has undergone design modification work and rigorous recertification process which lasted for over 20 months. Accordingly, the American Federal…

Bunna insurance registers 36.23 mln Birr profit
Spread the NewsBunna Insurance S.C. has netted 36.23 million Birr profit in the just concluded fiscal year of 2020/2021. The insurance company initially planned to generate a profit of 22.75 million Birr. Meanwhile, the insurance company has collected a premium of 335.1 million Birr in the stated fiscal year. In terms of expenses, the company…

Absence of insurance dev’t policy poses dilemma
Spread the NewsAssociation of Ethiopian Insurers (AEI) said that the absence of insurance development policy, which should have to be prepared by the government, poses a challenge to the growth of the industry. Yared Molla, President of AEI said during the fifth edition of East Africa Finance Summit on Wednesday that an absence of such…