Wednesday, February 21, 2024
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Author Name

Selamawit Mengesha

Total Articles by the Author

169 ARTICLE

Ministry solicits Franco-Valuta access for cement, metal products

Officials at the Ministry of Trade and Regional Integration (MoTI) will make a formal request to secure a Franco-Valuta permit for businesses with foreign...

Associations request to import 2,750 duty free cars

It costs an estimated USD 11 million Over 2,750 businesses involved in the tourism sector are requesting the Ministry of Finance (MoF) to import duty-free...

Banks rush to collect pound as UK retires £20, £50 bank notes

Commercial banks are in a rush to collect Pound Sterling from their customers as Britain’s Central Bank removes GBP 20 and 50 bank notes...

Ministry suspends mandatory export contract for khat

Reversing its own directive it introduced in May, the Ministry of Trade and Regional Integration (MoTRI) suspended the mandatory export contract administration for khat. The...

Dangote to expand cement operations, rejects offer to invest in fertilizer market

Dangote Cement is preparing to undertake an expansion project in light of the growing demand for cement in Ethiopia. The owner of the plant, Aliko...

Authority discovers distributors diverting fuel to Tigray, Sudan

Fuel supply to Amhara region drops by 77 trucks in two months Hundreds of trucks carrying fuel from Djibouti, destined to regional states in Ethiopia...

Ethiopia expects AGOA privilege to resume by December 2022

The Ethiopian government expects President Joe Biden to approve the ongoing discussions to resume Ethiopia’s eligibility to African Growth and Opportunity Act (AGOA), by...

Kefi minerals in a tight corner as deadline approaches

Executives of Kefi Minerals are in a predicament as they become unable to present USD 80 million in equity contribution, based on the request...

Over 3,000 workers at Hawassa Industrial Park face layoff

Over 3000 workers of Best Garment, an Indian company operating inside Hawassa Industry, are facing layoff as the textile manufacturer battles a drastic fall...

City Admin to allot land for developers in exchange for 30% stake

Real estate developers will soon begin to develop houses under a joint venture arrangement in partnership with the Addis Ababa City Administration. The Administration will...

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