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Safaricom Ethiopia holds digital Sim registration demonstration process
Spread the NewsSafaricom Telecommunications Ethiopia Plc (“Safaricom Ethiopia”) held a first demonstration of digital SIM registration process and a workshop on related policy matters with the National ID- Ethiopia (“NID”) and the Ethiopian Communications Authority on Tuesday. This is part of our preparations for commercial launch this year and follows the signing of a Memorandum…

Ethiopia’s economy predicted to grow at 6.6% despite challenges
Spread the NewsThe National Macroeconomic Council, which is led by Prime Minister Abiy Ahmed (PhD), said Tuesday that Ethiopia’s economy will grow at a rate of 6.6% in this Ethiopian fiscal year despite the challenges the economy has been facing. Members of the Council has discussed on the nine months macroeconomic performance of the country…

City Cabinet approves 100 bln Birr budget for 2022/23 fiscal year
Spread the NewsThe Addis Abeba City Administration Cabinet has approved a budget of 100.05 billion Birr for the 2022–2023 Ethiopian fiscal year. The upcoming fiscal year will begin on July 8. The proposed expenditure plan was approved by the Cabinet during its eleventh regular meeting of its first term on Tuesday, June 28, 2022. Adanech…

Enat Bank opens its 100th branch in Arba Minch
Spread the NewsEnat Bank Share Company has opened its 100th branch in Arba Minch town on Saturday, June 4, 2022. Ermias Andargie, President of Enat Bank said during the inauguration that, “Enat has been striving to boost women’s role in the economy and envisions expanding and providing efficient services.” He added: “To achieve the vision…

Girma Wake become new board chairman of Ethiopian Airlines
Spread the NewsEthiopian Airlines announced Wednesday that Girma Wake, former CEO of Ethiopian Airlines, has been appointed recently as a new Chairman of the Board of Management of Ethiopian Airlines Group by Ethiopian Public Enterprises Holding and Administration Agency. The announcement was made after official resignation of Tewolde GebreMariam. Mr. Girma Wake is a highly…

Tewolde GebreMariam receives Change Maker Award 2021
Spread the NewsMr. Tewolde GebreMariam, CEO of Ethiopian Airlines Group, has been awarded with the CHANGE MAKER AWARD 2021 and Ethiopian Airlines won the Corporate Governance Award 2021 in the Aviation Leadership CEOs Forum/Aviators Africa Tower Awards event on the 27th of October 2021.