
Similar Posts

MIDROC acquires King Air 360 aircraft
Spread the News Midroc Investment Group (MIG) has celebrated a milestone with the addition of a US manufactured King Air 360 aircraft into the fleet of Trans Nation Airways PLC (TNA), one of its sister companies engaged in air transportation business.  The celebration which took place on Sunday, January 9, 2022, at Bole International…

Expert urges gov’t to implement research based foreign currency exchange regime Â
Spread the NewsSeife Desta, National Bank of Ethiopia (NBE) former Banking and Foreign Currency Directorate Director urged the government on Friday to implement a research-based foreign currency exchange rate regime, which will be executed by considering the situation on the ground.  Currently, Ethiopia is implementing a managed floating foreign currency exchange system.    …

Safaricom Ethiopia unveils data center, targets 25% Ethiopians customers by March 2023
Spread the NewsSafaricom Ethiopia has unveiled its first cloud data center in Addis Abeba at a press briefing and media visit program held on Tuesday February 22,2022, in less than a year after the Ethiopian Communications Authority (ECA) issued the company the first-ever telecom operator license since Ethio Telecom. The establishment of the data center…

Breaking: Tewolde resigns as CEO of Ethiopia Airlines Group
Spread the News Tewolde GebreMariam, CEO of Ethiopian Airlines Group, has officially resigned from his post citing medical reasons, reliable sources told Origins Media. He has been in the United States for more than 6 months to get a medical treatment. Tewolde has served as CEO of Ethiopian Airlines Group since January 2011. Mr. Tewolde…

National Bank lifts its ban
Spread the NewsThe National Bank of Ethiopia (NBE) lifted the loan freezing placed since August 2021, according to media reports. Executives of commercial banks have been given an instruction to resume loan services to all of the customers. Many businesses have been crying foul over the loan freezing as it has impacted their productivity due…

Ethiopian Airlines, Ethio Telecom launch ticket sells through telebirr
Spread the NewsEthiopian Airlines and Ethio Telecom launched Wednesday a digital sells of air tickets through telebirr, a mobile money service provided by the latter. The agreement has been signed between Lemma Yadecha, Ethiopian Airlines Chief Commercial Officer and Frehiwot Tamiru, CEO of Ethio Telecom. This agreement will enable Ethiopian domestic flight service ticket online…