Ministry of Mines (MoM) has warned companies engaged in the exploration of natural oil and gas, as well gold mineral over their failures on efficiency.
Takele Uma (Eng.), Minister of Mines told Members of the Parliament while he presented MoMs nine months of performance report that two companies that are engaged in the exploration of natural oil and gas, as well gold for years but not inefficient have been given an ultimatum.
Spread the NewsMinistry of Finance (MoF) has issued on Saturday, April 9, 2022 a directive allowing importers of essential food stuffs such as edible oil, wheat, sugar, baby milk and rice to use Franco-Valuta privileges without waiting for foreign exchange permits and import their items directly through the Ethiopian Customs Commission. “Ethiopian Diaspora with a…
Spread the NewsTizita Mulugeta, Ambassador of Ethiopia to India urged investors in the global tourism sector to grab and capitalize on attractive opportunities in Ethiopia. She told them this while addressing investors gathered virtually at the Inventivepreneur Chamber of Commerce and Industries (ICCI) Annual Global Tourism Summit held on Sunday. The virtual summit aimed to…
Spread the NewsBunna Bank has officially inaugurated its new brand logo with brown and white colors on Wednesday. The new brand has been registered by the Ethiopian Intellectual property Office (EIPO), said the Bank. Bunna (Coffee) is Ethiopia’s brand with high social value. A new brand logo was designed by Berry Advertising PLC. “The brand…
Spread the NewsEthiopia and Djibouti signed a Memorandum of Understanding (MoU) on Tuesday to utilize the livestock terminal at Djibouti’s Doraleh Multi-Purpose Port. A delegation led by Mr. Oumer Hussien Oba, Minister of Agriculture, signed the MoU with Mr. Mohammed Ahmed Awaleh, Minister of Agriculture, Water, Fisheries, Livestock, and Marine Resources of the Republic of…
Spread the NewsDiageo PLC, the world’s leading seller of premium liquors, has sold Meta Abo Brewery to undisclosed buyer. The acquisition of Meta Abo brewery will be finalized in a month, according to sources. But the buyer and its value of acquisition is not disclosed so far. A decision to sell the brewery in a…
Spread the NewsA day after the farewell program hosted for Laqe yalew, former Minister of Revenues (MoR), a new governor for the institution was appointed on Saturday, August 20, 2022. The inauguration ceremony was held for the new Minister of Revenues Aynalem Nigussie, who served as the Vice President of the University of Wollo, State…
