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Association plans to garner $55 mln from Valentine’s Day flower exports
Spread the NewsThe Ethiopian Horticulture Producer Exporters Association (EHPEA) announced that it has set a plan to garner $55 million from Valentine’s Day flower exports this year. “We are planning to garner close to $55 million from flower export during this Valentine’s Day,” Tewodros Zewdie, Executive Director of EHPEA, disclosed to Origins Media. “Close to…

Ambassador Bacha urges promotion of investments abroad
Spread the NewsAmbassador Bacha Debele (Lt. Gen), the newly appointed Ethiopia’s Extraordinary and Plenipotentiary to Kenya, urged Ethiopian Ambassadors across the world to promote investment prospects of the country. Bacha said that significant activities remain to be done to promote industrial park services. The Industrial Parks Development Corporation (IPDC) took newly appointed Ethiopian Ambassadors on…

Dire-Dawa gets 400 mln Birr Car Assembling Plant
Spread the NewsAn Automotive Assembly Plant built by EL Auto-Engineering and Trading PLC at a cost of 400 million Birr has been inaugurated on Saturday. The factory was inaugurated in Dire Dawa Free Trade Zone (FTZ). The FTZ was inaugurated last week by Prime Minister Abiy Ahmed (PhD). The factory has a capacity of assembling…

Dulla Mekonnen assumes chairmanship of Dashen Bank
Spread the NewsThe Board of Directors of Dashen Bank has elected Dulla Mekonnen Mosissa as its chairman effective December 21, 2021. Mr. Dulla took over the chairmanship from Neway Beyene, who resigned from the post for personal reasons. The outgoing chairman joined the Board in 2014 and had been in the post since 2018. The…

Central Bank bans use of digital money
Spread the NewsThe National Bank of Ethiopia (NBE) on Monday warned citizens not to use crypto currency. NBE announced Monday that it has never given permission for using digital money such as bitcoin in the country and warned that those who are using it will face punishments. The regulatory agency said in a statement that,…

Ethio Telecom launches Ashamtele loyalty program, Telegebeya online sales platform
Spread the NewsEthio Telecom has launched Ashamtele customer loyalty program in a bid to ensure better customer satisfaction and experience through which customers get incentives and rewards based on points collected using the tracks of each of their diverse telecom services usage like voice, data/internet and SMS, as well as for recharging airtime and making…