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Bunna Bank receives transformation excellence award
Spread the NewsBunna Bank Share Company has been awarded a transformation excellence award in the 7th edition of Infosys Finacle Innovation Award 2021 edition for its encouraging performance in core banking services. The award has been received by Mulugeta Alemayehu, CEO of Bunna Bank. Close to 270 nominations were received from 50 banks globally, across…

Ethiopian crowned with two prestigious awards at Air Cargo News Awards 2022
Spread the NewsEthiopian Cargo & Logistics Services, the largest air cargo network operator in Africa, has been crowned with ‘Cargo Airline of The Year’ and ‘Best Cargo Airline – Africa’ at the Air Cargo News Awards 2022. In a ceremony held in London on 16 September 2022, Ethiopian has been crowned with the two awards…

Kacha receives first private Mobile Money License in Ethiopia
Spread the NewsThe National Bank of Ethiopia (NBE) has granted Kacha Digital Financial Services S.C the first private mobile money license. Kacha was established by 13 Ethiopian investors with a subscribed capital of 200 million Birr. In a statement Kacha said the issuance of the license distinctly marks the beginning of a new era for…

More than 21 bottled water manufacturers cease production
Spread the NewsMore than 21 bottled water manufacturers have ceased their production, Fana Broadcasting Corporate reported Thursday. Nation’s bottled water producers that exceed 134 are discussing with Ministry of Industry, Ministry of Trade and Regional Integration, Customs Commission and Addis Abeba Trade Bureau officials. Companies’ representatives also said that other factories are not functioning with…

China to boost tariff-free imports from Africa
Spread the NewsChinese President Xi Jinping announced Monday that China will further increase the scope of products enjoying zero-tariff treatment for the least developed countries (LDCs)—including Ethiopia having diplomatic relations with China, in a bid to reach $300 billion in total imports from Africa in the next three years. The pledge was made in Forum…

Ethio Telecom launches March 8 special package service
Spread the NewsEthio Telecom said it has launched its March 8, International Women’s Day special package service on Tuesday. Special Women’s Day discounted package service dubbed “You deserve it” has been officially launched in the presence of Frehiwot Tamiru, CEO of Ethio Telecom. Ethio telecom celebrated International Women’s Day (March 8) together with Empress Menen…