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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…

Ethiopia: workers face possibilities of losing jobs as expulsion from AGOA looms large
Spread the NewsEthiopia’s access to trade benefits under the African Growth and Opportunity Act (AGOA) is at stake as the United States threatens to review the eligibility of the country if the ongoing conflict in northern Ethiopia remains unaddressed. Mixed opinions are circulating and if Ethiopia’s removed from the preferential trade agreement. Many industrial workers…

Nyala Insurance provides 300,000 Birr to Nehemiah Autism Center
Spread the NewsNyala Insurance S.C. (NISCO) has donated 300,000 Birr to Nehemiah Autism Center, a non-profit organization established in 2011 to provide care, education, and support for autistic children and related disabilities. Upon delivering the support, Yared Mola, CEO of Nyala Insurance S.C., said that NISCO greatly appreciates all the efforts so far exerted by…

Gambella region grants licenses to investments with 2.9 bln Birr capital
Spread the NewsGambella Region announced that it has granted investment licenses to 310 investors who registered 2.9 billion Birr capital. From the granted investments, 290 investors were engaged in agriculture have received over 26 hectare of land. Gambella Region’s Investment Commissioner Low Oubup (PhD) told the Ethiopian News Agency (ENA) that the licensed investors were…

Ministry permits import of foods on Franco Valuta privileges
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…

Electric power blackout leaves horticulture producers at risk
Spread the NewsAn electric power blackout from Qoqa to Bishotu towns that has been lasted for a week is forced horticulture producers to cease their production, Origins Business learnt. Tewodros Zedwie, Executive Director of Ethiopian Horticulture Producer Exporters Association (EHPEA) told Origins Business that the power blackout has plunged horticulture producers businesses. “Horticulture farms refrigeration…