More 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 their full potential.
Spread the NewsThe Industrial Parks Development Corporation (IPDC), Damtit Vet Pharma Trading PLC and GreenBZ Investment PLC signed a land lease agreements on Wednesday. The agreements have been signed among Sandokan Debebe, CEO of IPDC, Abraham Tesfaye, General Manager of GreenBZ Investment PLC, and Dr. Dagninet Yimenu, Founder of Damtit Vet Pharma Trading PLC at…
Spread the NewsRica Technology PLC has rolled out its online shopping service, known as Rica Shopping, the company announced Tuesday. The launching program has been held at Ethiopian Skylight Hotel. The service will be provided to customers through Rica Shopping mobile app. This fresh service too includes delivery orders such as foods, medicines and other…
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…
Spread the NewsGlobal Television Network of Africa (GTNA), which would be the first global TV network for the continent said that it has secured close to 5,000 square meters of land from the Addis Abeba City Administration for 30 million Birr advance payment. The rest of the payment will be paid in 99 years as…
Spread the NewsThe Council of Ministers has approved Saturday a new policy that will open Ethiopia’s banking sector for foreign firms’ competition. The Council has approved the policy on its 13th regular session held at the Office of the Prime Minister. Ethiopia has closed its doors for foreign banks entry for a little less than…
Spread the NewsThe Ministry of Trade and Regional Integration (MoTRI) announced Tuesday that the government will gradually lift fuel subsidy for individual and some organizations vehicles. Only mass public transport service providers will be the beneficiaries of the new subsidy scheme adjusted by the government, Gebremeskel Chala, Minister of Trade and Regional Integration, said in…
