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Hotel owners continue to reel from Covid-19 pandemic
Spread the NewsHotel owners have been bracing for difficult years as the sector continues to reel from a drop in bookings caused by the Covid-19 pandemic, according to Addis Abeba Hotel Owners Association. Hotels in Addis Abeba and regions are losing $35 million and $10 million respectively in a month due to the negative effects…

Awash Bank officials to serve customers at branches
Spread the NewsOfficials of Awash Bank Share Company will serve customers and solve problems on spot at branches of the Bank in Awash’s “Customers Week”. The customers’ week has been launched on Tuesday, March 15, at the headquarters of Awash Bank and Insurance Share Company. “Thanksgiving to customers and maximizing their satisfaction are the main…

Business leaders call for enhancing women’s economic participation
Spread the NewsWomen business leaders called for enhancing the participation of women in business despite the challenges of entrepreneurship in Ethiopia. Lack of land, bureaucracies across agencies, and views of section of the society towards women jobs creation have long been impediments for women’s entrepreneurship. Women leaders of businesses have presented their challenges in the…

Lack of business ethics blamed for illegal business activities
Spread the NewsAn expert blamed lack of business ethics among few businesses as a challenge for illegal and high price increment on commodities. Eshetu Ejara, an Agricultural Economist by profession told Origins Media that lack of business ethics is the basic problem among the businesses. The government said recently that it has seized hoarded edible…

Sandokan Debebe, CEO of Industrial Parks Development Corporation (IPDC) about stimulating industries competitiveness and investments
Spread the NewsEstablished in 2004, Industrial Parks Development Corporation (IPDC) has constructed 13 industrial parks across the country. The industrial parks have been built with a grand vision of the country’s transforming the economy from agrarian based to that of industry. Scaling-up export of manufactured goods is also the main intention behind constructing the industrial…

Bunna insurance registers 36.23 mln Birr profit
Spread the NewsBunna Insurance S.C. has netted 36.23 million Birr profit in the just concluded fiscal year of 2020/2021. The insurance company initially planned to generate a profit of 22.75 million Birr. Meanwhile, the insurance company has collected a premium of 335.1 million Birr in the stated fiscal year. In terms of expenses, the company…