The newly established Ethio-Sugar Manufacturing Share Company has started negotiations to acquire both Wonji-Shoa and Metehara Sugar Plants, pioneering state-owned sugar crushers established by the Netherlands HVA Company some 70 years ago.
Sky Way Investment Group (SWIG) has pitched its ideas of a commercial cable train in Ethiopia – a globally new technology which is said to be less space consuming than the traditional railway construction.
Debebe Assefa is grain trader from Bekoji East Arsi Zone, Oromia Regional State. He has been involved in the business of buying different kinds of grains from framers and sells it to other wholesalers. As Arsi is known for its high wheat cultivation and production, Debebe would usually buy wheat from farmers and sell it to factories.
The Public Procurement and Property Disposal Service (PPPDS) awarded GM Corp, a London based company to supply 400,000 metric tons of wheat at the price of 97.73 million (2.73 billion birr), The Reporter has learnt.
In an effort to improve Ethiopia’s raking in the Ease of Doing Business report, an index published by the World Bank Group (WBG) every year, a high level ministerial initiative, which Prime Minister Abiy Ahmed (PhD) is leading, has tabled major reform outcomes to the business community on Friday.
The Budget and Finance Standing Committee of the House of People’s Representatives (HPR) urge the Ministry of Finance to speed up the privatization process of selected state-owned enterprises, up on hearing the nine-month performance report of some of the key economic issues of the country on Wednesday.
Concluding his official three-state visit to Africa, Taro Kono, Foreign Minister of Japan has requested Prime Minister Abiy Ahmed (PhD) to attend and lead the peace and security sessions of the upcoming seventh Tokyo International Conference on African Development (TICAD-VII) to be held by the end of August in Yokohama.