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Ethio Telecom nets 8 billion birr
Spread the NewsBy Kaleyesus Bekele The state owned telecom operator, Ethio Telecom, has earned a net profit of 8.18 billion birr in the first half year of the 2022-2023 budget year. At a press briefing held on Thursday at Ethiopian Skylight Hotel, CEO of Ethio Telecom, Frehiwot Tamru said that the company’s net profit is almost equivalent to the profit made in the last budget…

Addis Chamber to host 25th Addis Chamber International Trade Fair
Spread the NewsThe Addis Ababa Chamber of Commerce and Sectoral Associations, (AACCSA) is going to organize and hold the 25th Addis Chamber International Trade Fair (25th ACITF) from June 16 – June 20, 2022 focused on “Enhanced Export for Sustainable Development”. The trade fair will be held at the Addis Abeba Exhibition Center.

EthSwitch to implement shared security operation center for financial sector
Spread the News EthSwitch Share Company, Ethiopia’s National Switch, has commenced a project to implement a shared Security Operation Center (SOC) for the financial and payment industry. Project’s commencement was disclosed on Thursday during a program held at Inter-Luxury Hotel, organized by EthSwitch for the financial industry executives and other stakeholders. The project will be…

Infrastructural gap poses challenge on industrial park
Spread the NewsDebre Birhan Industrial Park (DBIP) said Tuesday that delays in the infrastructural gap development is posing a challenge to attract more investors. “The park has developed 10,000 hectare of land for investment. However, lack of road construction taking to DBIP is a predicament,” said Yeshitla Mulugeta, General Manager of Debre Birhan Industrial Park…

Ethio Telecom garners 61.3 bln Birr yearly revenue
Spread the NewsEthio telecom announced Thursday that it has garnered annual revenue of 61.3 billion Birr in 2021/22 fiscal year. Frehiwot Tamiru, CEO of Ethio telecom presented the yearly performance of the company at Ellily Hotel. She said that the company had a plan to collect revenue of 70 billion Birr and earned 61.3 billion…

Ethiopia takes part in first global conference on vocational training in China
Spread the NewsEthiopia has participated in the first World Vocational and Technical Education Development Conference held in the northern coastal city of Tianjin in China. The conference was held with the theme of “Vocational and Technical Education Development in the Post Pandemic Era-New Changes, New Ways and New Skills” from August 18–20, 2022. Opening the…