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A hard-hit beer sector

Late last year a chilly Addis Ababa morning greeted the heads of the breweries as they met a senior government minister. Eugene Ubalijoro was appointed as a spokesperson and tasked with presenting a slew of issues that the executives felt were deterring them from doing business in Ethiopia.

BGI to debut new product line

French owned BGI Ethiopia is set to inaugurate new beer products – Dopel alcoholic beer and Senque malt (non-alcoholic) beers, starting next week, The Reporter has learnt.

Economists slash growth projections to 0.6 percent

In the face of the Coronavirus pandemic, where the impact on the economy is not yet known, economists have come up with a grim projection indicating that the Gross Domestic Product (GDP) growth could shrink to 0.6 percent for the current year, The Reporter has learnt.

PM confident over national debt

Prime Minister Abiy Ahmed (PhD) expressed his confidence over his government’s ability to manage Ethiopia’s overall debt stress, as his administration presented a total budget outlay of 476 billion birr for the upcoming Ethiopia budget year, early this week.