KYIV, Aug 11 (Reuters) — Ukraine expects a ship to arrive on Friday to load grain for delivery to Ethiopia under a deal brokered by the United Nations and Turkey, the country’s infrastructure minister said on Thursday.
“Thanks to the Black Sea Initiative we are ready to load more than 23,000 tons of grain and export it to Ethiopia,” Infrastructure Minister Oleksandr Kubrakov said on Twitter.
Spread the NewsMinistry of Trade and Regional Integration (MoTRI) has announced Wednesday new factory prices for cement product, which will be effective for three months. Following the decision, MoTRI has regulated that the minimum factory selling price for a quintal of cement to be 510 Birr while the maximum price is 683.44 Birr. “Due to…
Spread the NewsThe telecom giant of the nation, Ethio Telecom announced Monday that it has generated 28 billion Birr revenue in six months period, which achieved 86.4% of the plan. The revenue collection show a 6.7% increment from the previous budget year similar period. Frehiwot Tamru, CEO of Ethio Telecom presented the 2021/22 first half…
Spread the NewsBerhan Bank Share Company has garnered a gross profit of 583.4 million Birr gross profit in 2021/2022 fiscal year ended on June 30, 2022; a profit went up by 72.8% from the previous year. Previous year’s gross profit of the bank was 337.6 million Birr. Berhan Bank conducted the 13th Ordinary Shareholders’ Meeting…
Spread the NewsGirma Seifu, Addis Abeba Investment Commissioner has warned investors and members of the Diaspora on Tuesday not to offer a bribe with an intention of getting any services from the Commission. Commissioner Girma told the investors not to make any payments to Addis Abeba Investment Commission experts to get any services they need….
Spread the NewsThe Ethiopian Electric Power (EEP) said that it has lost 1.6 billion Birr due to the damaged properties and reconstructing costs of damaged infrastructures following the devastating war in the north and northeast parts of the country. Electric sub-stations, conductors, towers, insulators, and other EEP properties and infrastructures were damaged by the war,…
Spread the NewsEthio telecom, the state giant telecom operator, announced Monday that it has a plan to increase its customers to 73.6 million in the current Ethiopian fiscal year from the baseline of 66 million customers. Frehiwot Tamiru, CEO of Ethio telecom unveiled Three Years Lead Growth Strategy (July 2022-July 2025) of the company at…
