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Ethio-telecom looks past Deloitte’s 80 billion birr asset valuation
Ethio Telecom rejects the Investment Teaser ‘Project Nigat’ Partial Privatization of Ethio Telecom by Deloitte Consulting Limited released on 15 June 2021, which showed...
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Addis chamber embarks on massive restructuring
The Addis Ababa Chamber of Commerce and Sectoral Association (Addis Chamber), the oldest private sector representative in Ethiopia, embarks massive reforms on the aim...
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Local use coffee surges on ECX
The trading of local use coffee surges at the trading floor of Ethiopian Commodity Exchange (ECX) against the past experience to which experts stated...
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Damages result in beverage bottle caps gap
The destruction of Walia Crown Cork factory due to the conflict has caused shortage of crown corks among bottlers.
The crown cork located at Kombolcha...
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Castle group acquires Meta Abo brewery
Castel group buys Diageo’s Meta Abo Brewery, with the transfer of the factory awaiting government approval.
The brewery which is based out of Sebeta, Oromia...
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Tele privatization faces setback
The telecom privatization which grabbed the attention of significant players under the Expression of Interest (EoI) stage has faced yet another extension in the...
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Forex service charges balloon inflation
The skyrocketing of service charges and other fees in the foreign exchange transaction has been stated as one of the contributors to inflation. To...
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Diaspora homecoming records huge impact
Around 100,000 Diasporas respond to the Prime Minister’s call for the great Ethiopian home coming challenge within a space of one month.
Aimed to minimize...
