Ethiopian nets over half billion ETB

By Tagu Zergaw

Ethiopian Airlines (EAL) registered 9.2 billion birr of operating revenue during the 2007/2008 fiscal year, of which 504 million birr is a net profit; 20 million birr over what it registered during the fiscal year's first three quarters, Capital learnt.
Ethiopian announced it generated 6.6 billion birr operating revenue during the first nine months of the fiscal year 2007/2008 which is 29% up from last year, and a net profit of 484 million birr.
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Merkato bomb causes carnage

By Groum Abate

A video parlour located around Amede Gebeya in the heart of Merkato, one of Africa’s largest markets, was target of a powerful bomb that destroyed the parlour, leaving eight dead and 24 injured.
According to eyewitnesses, four people expired at the scene of the explosion and one person died en-route to St. Pauls Hospital.
From the 24 injured people some are in critical condition, raising fears of a higher death toll.
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Ethiopian post office to sign deal with int’l carriers

By Tedla Yeneakal

As part of a reform program, the Ethiopian Postal Service (EPS) office is set to sign agreements with international carriers, with the view of boosting the postal services, the Ministry of Transport and Communications (MoTC) disclosed.
Junedi Sado, Minister of Transport and Communication told journalists on September 1, 2008 that the Postal Service, has been undergoing the implementation phase of a Business Process Re-engineering (BPR) in collaboration with the Ethiopian Civil Service Agency for the last nine months.

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