Former Holland Car GM plans to auction export items online

Former Holland Car GM plans to auction export items online

Tadesse 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 to conduct…

“I’m planning to auction export items through e-commerce”

“I’m planning to auction export items through e-commerce”

A conversation with Tadesse Tessema (Engineer)   Tadesse Tessema (Engineer) is a Co-founder, General Manager and Shareholder formerly Holland Car PLC. After he lived in the Netherlands for 27 years, Tadesse decided he could start a successful business in his homeland. He launched Holland car, forced to close down the successful joint venture and back…

U. S. Ambassador Geeta Pasi Visits Hawassa, discuss AGOA issues

U. S. Ambassador Geeta Pasi Visits Hawassa, discuss AGOA issues

Geeta Pasi, Ambassador of the United States to Ethiopia has visited Hawassa. During her daylong visit, the Ambassador met with business leaders, workers, academics, and journalists to discuss about U.S. government programs to hear from them about their experiences in their respective fields. The Ambassador visited the Hawassa Industrial Park (HIP), the first sustainable textile and apparel industrial park…

Ethiopia’s AGOA eligibility status still undecided

Ethiopia’s AGOA eligibility status still undecided

Ethiopia’s eligibility status to the African Growth and Opportunity Act (AGOA), which gives a duty and quota free access to the country’s textile, garments, shoe, leather, footwear and others to the United States, is a pending issue, sources said. The AGOA trade program provides Sub-Saharan African nations duty-free access to the United States on the…

Abay Bank, Arif Pay agree to step up digital banking

Abay Bank, Arif Pay agree to step up digital banking

Abay Bank S.C. and Arif Pay Financial Technology Company agreed to work together in speeding up the digitization of banking services through a fresh agreement signed on Monday. The agreement has signed between Yehuala Gesesse, Abay Bank’s President and Habtamu Tadesse, CEO of Arif Pay Financial Technology. Through Arif Pay mobile app, customers of Abay…

Goh Mortgage Bank S.C. to disburse 1 bln Birr loan in 2021/22

Goh Mortgage Bank S.C. to disburse 1 bln Birr loan in 2021/22

Goh Mortgage Bank Share Company, the first mortgage financial firm, has planned to disburse a loan amounting 1 billion Birr in 2021/22 fiscal year. The bank has set a goal to collect 1.3 billion Birr saving in the fiscal year. Goh Mortgage Bank also sees opening 60 branches across Ethiopia in five years, according to…

Helloo market plans creating 45 thousand jobs in five years

Helloo market plans creating 45 thousand jobs in five years

Helloo market, a full-fledged e-commerce platform (https://helloomarket.com) has planned creating 45 thousand direct and indirect jobs in five years. As part of the plan, 15 thousand service provider machines will be installed in the rural parts to create jobs to thousands, according to the company. These movable machines operate from a power of solar panel…

Ethiopia: workers face possibilities of losing jobs as expulsion from AGOA looms large

Ethiopia: workers face possibilities of losing jobs as expulsion from AGOA looms large

Ethiopia’s access to trade benefits under the African Growth and Opportunity Act (AGOA) is at stake as the United States threatens to review the eligibility of the country if the ongoing conflict in northern Ethiopia remains unaddressed.  Mixed opinions are circulating and if Ethiopia’s removed from the preferential trade agreement. Many industrial workers will more…