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Osirius Group comes in clutch to deliver much needed sugar
US based trading house, Osirius Group, produces a performance bond after two months delay to supply the badly needed political commodity, sugar, in the...
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Mines Ministry debunks ‘natural gas field transfer to US firms’ as false rumors
Ministry of Mines (MoM) dismisses claims being made about the central government agreeing to transfer the natural gas field in Ogaden Basin to US...
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Foreign companies ditch rules to engage in booming businesses
Foreign national companies deviate from stipulated rules by engaging in investment areas which are not allowed for foreign investors based on the investment regulation.
According...
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Akobo Minerals eyes gold production for March
Akobo Minerals of Etno Mining discloses that it will declare an additional huge gold reserve from its exploration site at Gambella region, close to...
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Gold purchase price revision underway as precious metal supply plummets
The National Bank of Ethiopia (NBE) and the Ministry of Mines (MoM) are in works to revise the premium price for artisanal gold purchase,...
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City gain authority to tax property
Aimed to the lower burden of federal government to finance infrastructure buildings and increase income of cities, government has decided to give the Authority...
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Djibouti logisticians attend conference in India to bolster transshipment in the horn
Djibouti logistic companies attend the MOL Toyofuji Automotive Logistics conference with the aim of boosting the horn of Africa’s ports transshipment hub.
During the conference...
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Gov’t sets up committee to unify normal, black market exchanges
Government organizes a committee to assess feasible ways to unify the normal exchange rate market with the ever so rising parallel market exchanges.
As sources...
