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Bank launches first voice-guided ATM service for visually impaired persons
Spread the NewsBank of Abyssinia (BOA) has introduced nation’s first voice-guided Automatic Teller Machine (ATM) service for the visually impaired people on Thursday. The official launching of the technology has been announced at The Ethiopian National Association of the Blind (ENAB) headquarter at Sidist Kilo area. People who are visually impaired have a difficulty to withdraw their money from banks due…

Ministry invites bids to conduct feasibility study of new iron, steel plants
Spread the NewsMinistry of Mines (MoM) has launched a new International Competitive Bidding (ICB) for Consultancy on a Bankable Techno- economic feasibility study on the establishment of iron and steel plants. The survey will include technical feasibility, economic and financial evaluation, environmental and social impact assessment. Meanwhile, Ethiopia spends an enormous amount of foreign currency…

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…

Oro Fresh launches supplying veg, fruits
Spread the NewsEstablished with an aim of providing value chains by easing supply shortages of fruits and vegetables trade activities in Oromia region, “Oro Fresh” has launched providing service on Thursday. “Oro Fresh” is a mechanism set up to sole the supply-side process and to cut long-value chains. Girma Amentie, Resource Administration Cluster with the portfolio of…

Wallin Beer joins market
Spread the NewsUnited Beverages PLC, which is administered under Kangaroo Industrial Group, has unveiled its brand new beer named Waliin. Waliin is an Oromiffa word translated us “togetherness”. The company, which started its operations 3 years ago in Modjo town with a capital of over €88 million, has now launched the new Waliin Beer – a premium lager beer. Teresa Urgessa, Acting General Manager of…

Ethiopian investors build first private textile industrial park
Spread the NewsEthiopian investors are constructing the first private textile industrial park in Hawassa town, the regional capital of Sidama Regional State, at a cost of four billion birr, it was learnt. The textile industrial park will have a total of 14 sheds each resting on 11,000 square meters of land. The industrial park will…