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Breaking: Tewolde resigns as CEO of Ethiopia Airlines Group
Spread the News Tewolde GebreMariam, CEO of Ethiopian Airlines Group, has officially resigned from his post citing medical reasons, reliable sources told Origins Media. He has been in the United States for more than 6 months to get a medical treatment. Tewolde has served as CEO of Ethiopian Airlines Group since January 2011. Mr. Tewolde…

Zemen : A Bank Blossoming Through Challenges
Spread the NewsZemen Bank Share Company is all about giving customers choices and convenience. For Zemen, banking is not limited to just branches and it sees it as “something customers do, not somewhere they go.” The Company abides strictly by the laws and regulations of the jurisdiction where it operates, and observes the guidelines and rules…

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…

Ethio Telecom garners 61.3 bln Birr yearly revenue
Spread the NewsEthio telecom announced Thursday that it has garnered annual revenue of 61.3 billion Birr in 2021/22 fiscal year. Frehiwot Tamiru, CEO of Ethio telecom presented the yearly performance of the company at Ellily Hotel. She said that the company had a plan to collect revenue of 70 billion Birr and earned 61.3 billion…

Former Holland Car GM plans to auction export items online
Spread the NewsTadesse Tessema (Engineer), Founder and General Manager of the former Holland Car PLC, said that he has a plan to auction Ethiopia’s export items online. Recently, Engineer Tadesse has invented Adugenet auctions (http://adugenetauctions.com), an online platform to accelerate auctions globally. In an exclusive interview with Origins Business Tadesse said that he is planning…

NBE licenses ArifPay fintech startup
Spread the NewsThe National Bank of Ethiopia has licensed ArifPay, a fintech company that makes digital payment services. The company is based in Addis Abeba. Founded on February 2021 by Habtamu Tadesse, a founder of Zay Ride, a ride-hailing platform in Ethiopia, ArifPay is a mobile point of sale system which will allow ATM cardholders…