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Possible effects of Russia-Ukraine war in Ethiopia’s economy
Spread the NewsRecently, the price hike of edible oil shocked customers. Meanwhile, the Russia-Ukraine war lasted over 3 weeks. This war is believed to have economic burdens on developing countries such as Ethiopia. Yared Nigussie of Origins Business spoke to Eshetu Ejara, an Agricultural Economist by trade to know the details, excerpts; Both Russia and…

Ministry permits import of foods on Franco Valuta privileges
Spread the NewsMinistry of Finance (MoF) has issued on Saturday, April 9, 2022 a directive allowing importers of essential food stuffs such as edible oil, wheat, sugar, baby milk and rice to use Franco-Valuta privileges without waiting for foreign exchange permits and import their items directly through the Ethiopian Customs Commission. “Ethiopian Diaspora with a…

Worku Aytenew to set up Aviation Company
Spread the NewsWorku Aytenew, a well-known business mogul in the country, is in the process of establishing private Aviation Company. The new aviation company under establishment is dubbed “Gold Star Aviation”. Mr. Aytenew purchased Bell 407 Helicopter, and now this Helicopter will be used for commercial aviation services, according to reports. The new aviation company…

Ethiopian Catering publishes recipe book
Spread the News-Promotes Ethiopian organic cuisines By Kaleyesus Bekele Ethiopian Airlines Catering (ET Catering) on Saturday unveiled a recipe book that promotes Ethiopian cuisines and beverages at Ethiopian Skylight Hotel. The book, which has 520 pages introduces Ethiopian national dishes and beverages. The minister of Tourism Nanise Chani, state minister Sileshi Girma, Ethiopian Airlines Group…

Oxygen plant worth 50 mln Birr inaugurated in Dire Dawa
Spread the NewsAn Oxygen plant has inaugurated Tuesday in Dire Dawa City. The plant was constructed by Yeabsira Industrial Complex PLC at a cost of 50 million Birr. Kedir Jewar, Mayor of Dire Dawa city said that construction of the plant will ease shortage of oxygen, which was common in hospitals. “Previously, heading to Addis…

Safaricom Ethiopia commences phased customer network pilot program in Dire Dawa
Spread the NewsSafaricom Telecommunications Ethiopia PLC has commenced a large-scale customer pilot of its network in Dire Dawa City on Monday. This is part of the company’s phased city-by-city regional network roll-out and rigorous service tests building towards its national launch, the company announced in a statement. The customer pilot in Dire Dawa will be…