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US Companies hail political reforms, privatization

During a rare business panel on Thursday, which aimed at showcasing US firms in Ethiopia and organized by US Embassy in Addis Ababa, diplomats and companies have welcomed the recent changes in the political and business environment of Ethiopia.

ATCs threaten to resign over pay, benefits

Air Traffic Controllers (ATCs), professionals in the aviation sector who have been demanding proper professional recognition, salary increment and other benefits for the past eight years, have now submitted their petition to Prime Minister Abiy Ahmed (PhD), asking for a swift response to their demands within a month.

EPSE inks deal with SMEC for oil depot design

The Ethiopian Petroleum Supply Enterprise (EPSE) and SMEC International PTY Ltd on Wednesday signed an agreement for design, supervision and commissioning of a new state-of-the-art oil depot to be built in Dukem town, Oromia Regional State.

Court shuts down NY Café

New York Café and Restaurant within the Bole area has been forced to shut down permanently. The eatery was closed by authorities earlier today over dispute with the owner of the building it operates in, Assay Public School.

Assay rented the place to the restaurant and has been fighting the owner of the café for years in court over non-payment the owner’s refusal to leave the property after the expiration of its rental contract.

EIC warns Haoneng packaging

The Ethiopian Investment Commission (EIC) warned the Chinese company – Hoaneng packaging PLC – after finding it engaged in a business activity assigned only to Ethiopians and engaging in the production of materials other than what is prescribed in the license, The Reporter has learnt.

French malt maker joins local market

With an initial capacity of malting 60,000 tons of barley per year, France-based Malteries Soufflet – a major international player in the global malt market – has agreed to join Ethiopia's malt industry.