
Similar Posts

Ethiopia plans to garner $5.25 bln export income
Spread the NewsPresident Sahlewerq Zewdie said Monday that the government has planned to collect $5.25 billion export income in 2021/2022 budget year. “Reforming the trade system is among the priorities of the government,” Sahlewerq said. Ethiopia earned $3.6 billion from the export of commodities in 2020/2021 fiscal year, according to Ministry of Trade and Industry….

Bunna Bank reveals new brand
Spread the NewsBunna Bank has officially inaugurated its new brand logo with brown and white colors on Wednesday. The new brand has been registered by the Ethiopian Intellectual property Office (EIPO), said the Bank. Bunna (Coffee) is Ethiopia’s brand with high social value. A new brand logo was designed by Berry Advertising PLC. “The brand…

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…

Authority says flight in its airspace is safe
Spread the NewsEthiopian Civil Aviation Authority said on Friday that any flight in Ethiopian Airspace including Addis Abeba international airport is safe and secured. The statement came after the U.S. Federal Aviation Administration (FAA) issued an alert civilian planes may be “directly or indirectly exposed to ground weapons fire and/or surface-to-air fire”. “The warning issued…

Ethio Telecom awaits policy amendment to expand digital financial services
Spread the NewsEthio Telecom said Wednesday that it is waiting for policy amendment in a bid to expand its digital financial services. In May last year, the telecom giant launched telebirr, a mobile money service. Through telebirr, customers are topping up their airtime, buy internet packages, paying traffic penalties, as well as electricity and water…

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…