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Drivers’ penalty payment system launched through telebirr
Spread the NewsEthio telecom, Addis Abeba Traffic Management Agency, and Addis Abeba Police Commission signed a memorandum of understanding to implement the drivers’ traffic penalty payment through telebirr. Accordingly, Ethio telecom is now capable to implement the drivers’ traffic penalty payment via telebirr, the prominent digital payment system, in order to address the problem of…

FAO opens Africa Regional Conference during hunger crisis
Spread the News The Food and Agriculture Organization of the United Nations (FAO) opened the 32nd Session of the Regional Conference for Africa on Wednesday, 13 April 2022. The first day of the conference officially kicks off on Thursday, 14 April in Equatorial Guinea’s capital Malabo. Here, the spotlight will be placed on the FAO Strategic…

Gov’t licenses eight mining to commence coal mining
Spread the NewsThe Council of Ministers on Wednesday has given green light for the Ministry of Mines to ink an agreement with the eight companies who are interested to start production of coal in different parts of the country. This new licensing is expected to end import of coal within one year period. Ministry of…

Dire-Dawa gets 400 mln Birr Car Assembling Plant
Spread the NewsAn Automotive Assembly Plant built by EL Auto-Engineering and Trading PLC at a cost of 400 million Birr has been inaugurated on Saturday. The factory was inaugurated in Dire Dawa Free Trade Zone (FTZ). The FTZ was inaugurated last week by Prime Minister Abiy Ahmed (PhD). The factory has a capacity of assembling…

Safaricom Ethiopia plans to create 1.5 million jobs in ten years
Spread the NewsOn February 5, the first successful voice call was made using Safaricom’s network with the code ‘07’. Text messaging, internet access, and other network services followed successfully. Meanwhile, Safaricom Ethiopia recently unveiled its first cloud data center in Addis Abeba as it gears up to launch its commercial operations in the country. Kaleyesus…

Lion Insurance earns gross profit of 63.9 mln Birr
Spread the NewsProfit surges by 4.8mln Birr Lion insurance Company said Saturday that it has registered a gross profit of 63.9 million Birr in the fiscal year which was concluded on June 30, 2022. Lion Insurance Share Company held its 15th Annual Regular Meeting at Elilly Hotel. The profit showed 4.8 million Birr or 8.1%…