Thursday, May 2, 2024
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Local News

Reform NBE first, financiers say

Experts argued that before public banks are reformed the National Bank of Ethiopia (NBE) should reform itself. In a panel discussion entitled: ‘the state of...

BGI completes takeover of Zebidar

BGI Ethiopia, a pioneer foreign brewer in Ethiopia, has finished buying out all the shares in Zebidar Brewery at a total cost of 1.825...

Police mop up dirty water distributors

The Federal Police are going after people illegally distributing unsafe bottled water, Capital learned. Sources in the water industry told Capital that the federal police...

Privatizing Ethio-Telecom now should not be an urgent economic imperative

The government of PM Abye wants to privatize Ethio-Telecom this year. His administration is working hard (rather follow the World Bank template) to establish...

Truck ban lifted for Saturdays

The Addis Ababa City Administration has lifted the heavy-duty truck restriction for daylight hours on Saturday. Starting July 8, the administration imposed restrictions on...

Arba Minch town water and sewer to use M-Birr

The water and sewer authority for Arba Minch signed an agreement with MOSS powering, which is a developer of M-birr, to collect water utility...

Hyatt plans to double African presence

Hyatt Hotels Corporation disclosed that a Hyatt affiliate has entered into a management agreement with seven hotel developers in Africa which is to be...

Nisir Micro Finance doubles loan amounts

Nisir Micro Finance SC plans to increase its loan total from 200,000 to 400,000 birr as part of its five-year strategic plan to support...