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Enat Bank opens its 100th branch in Arba Minch
Spread the NewsEnat Bank Share Company has opened its 100th branch in Arba Minch town on Saturday, June 4, 2022. Ermias Andargie, President of Enat Bank said during the inauguration that, “Enat has been striving to boost women’s role in the economy and envisions expanding and providing efficient services.” He added: “To achieve the vision…

Safaricom Ethiopia plans to create 1.5 million jobs in ten years
Spread the NewsOn February 5, the first successful voice call was made using Safaricom’s network with the code ‘07’. Text messaging, internet access, and other network services followed successfully. Meanwhile, Safaricom Ethiopia recently unveiled its first cloud data center in Addis Abeba as it gears up to launch its commercial operations in the country. Kaleyesus…

Diaspora investment forum kicks-off next week
Spread the NewsThe Ethiopian and Addis Abeba Investment Commissions announced that an investment forum that is expected to attract Ethiopian and Ethiopian descent diaspora will be held next week in Addis Abeba. The forum is slated for January 12 to 16, 2022 at Skylight Hotel. In addition to the consultation about investment opportunities and incentives…

Ethiopian to resume B737 MAX flights
Spread the NewsEthiopian Airlines has it is in the final stage to return the B737 MAX fleet to service with the first flight expected to resume February 1, 2022. Ethiopian Airlines Group CEO Tewolde GebreMariam said “Safety is our top most priority at Ethiopian Airlines and it guides every decision we make and all actions…

Absence of insurance dev’t policy poses dilemma
Spread the NewsAssociation of Ethiopian Insurers (AEI) said that the absence of insurance development policy, which should have to be prepared by the government, poses a challenge to the growth of the industry. Yared Molla, President of AEI said during the fifth edition of East Africa Finance Summit on Wednesday that an absence of such…

Meet Mesfin Tasew, new Ethiopian Airlines Group CEO
Spread the NewsMesfin Tasew Bekele is a successor of the former Ethiopian Airlines Group CEO Tewolde GebreMariam after his early retirement request due to health issues. Mesfin’s appointment is approved by the Board of Management of Ethiopian Airlines. Mr. Mesfin has 38 years of experience in airline management and operations in the areas of aircraft…