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Ethiopian Airlines, IGAD sign MoU
Spread the NewsEthiopian Airlines, the largest airline in Africa andIntergovernmental Authority on Development (IGAD), signed a Memorandum of Understanding. The MoU was signed with the purpose of providing a framework on the provision of Ethiopian Airlines products and services to IGAD. Per the MoU, Ethiopian Airlines will also provide hospitability services to IGAD at Ethiopian Skylight Hotel and assign a dedicated team…

Bank of Abyssinia posts sharp rise in pre-tax profits
Spread the NewsBank of Abyssinia (BoA) has posted a sharp rise in gross profit to 2.05 billion Birr in the concluded fiscal year in June 2021, which registered an increment of 90 percent compared to the previous year performance. BoA conducted its 25th annual regular shareholders general meeting on Thursday at Inter Luxury Hotel. “Our…

Ethiopian Airlines, Ethio Telecom launch ticket sells through telebirr
Spread the NewsEthiopian Airlines and Ethio Telecom launched Wednesday a digital sells of air tickets through telebirr, a mobile money service provided by the latter. The agreement has been signed between Lemma Yadecha, Ethiopian Airlines Chief Commercial Officer and Frehiwot Tamiru, CEO of Ethio Telecom. This agreement will enable Ethiopian domestic flight service ticket online…

Ethiopia commends Nigeria for choosing Ethiopian Airlines as preferred partner
Spread the NewsDagamawit Moges, Minister of Transport and Logistics, has commended Nigeria for choosing Ethiopian Airlines as the preferred partner for the establishment a national carrier. This is contained in a statement issued in Abuja on Saturday by Mr. James Odaudu, Special Assistant on Public Affairs to the Minister of Aviation, Malam Hadi Sirika. He…

Edible oil companies complain over lack of inputs, market chain problems
Spread the NewsThe Ethiopian Edible Oil Producers Manufacturing Industry Association said that lack of raw materials and complex market chain are the main challenges of their operations. The Association consists of more than 100 edible oil companies. Mohammed Youssouf, Vice Board Chairperson of the Association told Origins Media that major problems which are hindering productivity…

Ethiopia considers electric tariff adjustment
Spread the NewsEthiopian Petroleum and Energy Authority said that the newly proposed electric tariff adjustment by Ethiopian Electric Utility (EEU) will not be implemented prior to getting a green light from the Authority. Reporter newspaper reported on Sunday that the proposed price adjustment is planned by EEU and it will conduct a survey on it….