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Worku Aytenew buys Kuriftu-Bahir Dar
Kuriftu Resort and Spa-Lake Tana in Bahir Dar gets a new owner as Tadiwos Belete transfers ownership to Worku Aytenew.
Inaugurated in 2014, the 4...
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Steel, rebar importers bend law to evade tax
Sector actors in the steel industry claim that finished products are flowing into the country disguised as raw materials taking advantage of the duty...
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Theft derails Ethiopia’s electrification projects
The Ethiopian Electric Power (EEP) says that robbery has become a high trend hindering its national electrification projects. In the ended budget year alone,...
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Tele-Safaricom deal up in the air
The infrastructure sharing agreement between Ethio telecom and Safaricom Ethiopia lags behind with the latter delaying to pay the agreed down payment.
After a period...
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Agricultural export performance ‘not as rosy’, opine sector experts
Despite the coffee sector attaining an extraordinary performance in the ended budget year, sector actors argue that the performance of other agricultural exports is...
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Leaders push for peace in new forum launch
Entrepreneurial Forum for Peace and Development (EFPD) - a forum built on the foundation of engaging the business community in the peace process of...
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CBE sifts high profits despite turbulent economy
The state financial giant, Commercial Bank of Ethiopia (CBE), continues on its astonishing performance stride for the second consecutive year by surpassing targets despite...
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Ethio telecom eyes Djibouti
Ethio telecom eyes Djibouti’s telecom market, to make its first oversees service to the bordering state owned telecom company.
“Based on the re-amendment of the...
