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 has served Ethiopian Airlines for the last 37 years.
Spread the NewsCommodity markets in Africa are expected to remain volatile in months ahead following the persistence of Covid-19 constrains in the supply chain and other global economic pressures, said Stephen Karingi, Director of Regional Integration and Trade Division at the Economic Commission for Africa (ECA). Karingi was speaking at the ECA Price Watch session…
Spread the NewsAwash Bank, among the most profitable private banks in Ethiopia has reported a record high net profit of 3.39 billion Birr during the financial year of 2020/21 that was concluded in July 2021. The profit before tax was 4.8 billion Birr. The profit was not only a record high in the history of…
Spread the NewsAddis Abeba City Administration has held a lottery draw program for 25,491 condo units, which will gradually be transferred to residents. The condo units are constructed under the 20/80 and 40/60 housing schemes, according to a statement from Mayor Office of Addis Abeba. In the 14th round lottery drawing for the 20/80 scheme,…
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…
Spread the NewsEthiopia is garnering below its potential earnings from the export of halal products mainly to the Middle East countries, Binmelik Abdu, a food microbiologist said. Binmelik presented his findings on a panel discussion during the Halal Food, Tourism Expo & Summit held at Sheraton Addis Hotel on Monday. The expo and summit has…
Spread the NewsHaving concluded the agreement to procure Meta Abo Brewery S.C. from Diageo, BGI Ethiopia is now waiting for the approval of the Trade Competition and Consumer Protection Authority (TCCPA), reliable sources told Origins Media. Meanwhile, BGI reveals plans to channel its expertise and experience to keep and rejuvenate the brand Meta and rekindle the…
