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Ministry adjusts fuel prices
Spread the NewsThe Ministry of Trade and Regional Integration (MoTRI) has revised the retail prices of petroleum products. Effective July 6, 2022, 2022 to a liter of Benzene will cost 47.83 Birr at gas stations, up from 36.87 Birr. The cost of light diesel oil has soared by 38 percent during the same period, reaching…

Lack of business ethics blamed for illegal business activities
Spread the NewsAn expert blamed lack of business ethics among few businesses as a challenge for illegal and high price increment on commodities. Eshetu Ejara, an Agricultural Economist by profession told Origins Media that lack of business ethics is the basic problem among the businesses. The government said recently that it has seized hoarded edible…

Government retenders Ethio Telecom’s 40% stake
Spread the News-Invites companies to present expression of interest for second license The Federal Government of Ethiopia today floated a tender that would enable it to partially privatize the state owned Ethio Telecom. In a press conference held today officials of the Ministry of Finance disclosed that international firms can submit their proposals for the…

Bunna Bank set aside prizes to mobilize foreign currency from Diaspora
Spread the NewsBunna Bank announced Saturday that it has set aside plane ticket prizes for 20 Ethiopian and Ethiopian descent Diaspora members who will exchange their foreign currency in branches of the Bank. The plane ticket prizes, which will be received by 20 best performer Diaspora members, will enable them to go and return to…

Bunna Bank rewards hard currency generating customers
Spread the News Bunna Bank has awarded customers who received remittance through its branches. During the award handling over program on Thursday at the Headquarters of the National lottery Administration, Melaku Birhanu, Communication and Promotion Director of the Bank said, “The purpose of the reward is to incentivize those who use formal money transfer system…