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Gov’t to import 40 mln liter of edible oil
Spread the NewsIn a bid to solve the current edible oil supply shortage and prevent high price increment of oil, the government has planned to import 40 million liter of edible oil. Starting from last week high price increment was observed on the price of edible oil. For instance 5 liter of oil price soared…
Bank launches first voice-guided ATM service for visually impaired persons
Spread the NewsBank of Abyssinia (BOA) has introduced nation’s first voice-guided Automatic Teller Machine (ATM) service for the visually impaired people on Thursday. The official launching of the technology has been announced at The Ethiopian National Association of the Blind (ENAB) headquarter at Sidist Kilo area. People who are visually impaired have a difficulty to withdraw their money from banks due…
Undisclosed buyer acquires Meta Abo Brewery
Spread the NewsDiageo PLC, the world’s leading seller of premium liquors, has sold Meta Abo Brewery to undisclosed buyer. The acquisition of Meta Abo brewery will be finalized in a month, according to sources. But the buyer and its value of acquisition is not disclosed so far. A decision to sell the brewery in a…
Awash insurance collects premium of over 1.28 bln Birr
Spread the NewsAwash Insurance Company S.C said Saturday that it has collected a premium of over 1.28 billion Birr in 2020/21 budget year. The company has collected over 962.2 million Birr premium from the general insurance services, which registered a 23 percent growth from the previous year. Awash Insurance had also received 332.6 million Birr…
Pilot national digital ID program rolls out
Spread the NewsMamo Mihretu, Senior Advisor and Chief Trade Negotiator at Office of the Prime Minister tweeted on Wednesday that a pilot national digital ID program has enrolled at national level. Mamo added: “The program proves identity for life to all residents in the country is a foundational platform that helps accelerate electronic service delivery…
Gov’t urges implementing quality policy to control trade deficit
Spread the NewsMinistry of Trade and Regional Integration said that it is mandatory to implement a national quality policy to control Ethiopia’s trade deficit. Ethiopia signed global trade exchange laws. However, Endale Mekonnen, State Minister of Trade and Regional Integration said in a discussion on Thursday that poor quality of products and services is the…