Sunday, February 25, 2024

Business

Low healthcare financing risks development in Ethiopia

During the UN Secretary General’s High-Level Panel held in Johannesburg on Thursday, civic society organizations warned that low income countries with promising development boom risk it all when there is insufficient healthcare financing.

China tops Ethiopia’s external budgetary source

The Ministry of Finance and Economic Cooperation (MoFEC) revealed on Tuesday that China is the leading source of finance among several foreign countries that the Ethiopian government has identified as its lenders and donors to cover the budgetary requirements.

Ethiopian to take delivery of first Airbus aircraft

Amidst 70th anniversary celebrations, Ethiopian Airlines is going to take delivery of its first Airbus A350-900 jetliner in May, 2016.

Tobacco monopoly up for bid

The Minister of Public Enterprise (MoPE) is set to privatize the famous National Tobacco Enterprise SC, a legal tobacco monopoly in Ethiopia, and the state-owned Ethiopian Crown Cork and Can Manufacturing Industry SC (ECCCMI).
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Cement industry at crossroads

The Ethiopian cement industry is facing various critical challenges affecting the productivity and growth of local cement factories.

Gibe IV secures finance

The long-awaited negotiation between the Ethiopian Electric Power (EEP) and the Italian construction company, Salini Costruttori, has been finalized enabling the latter to commence with the building of Gibe IV hydropower plant, The Reporter has learnt. The two institutions are also expected to formally ink an agreement shortly.

Investors claim compensation for property damage amid Oromia riots

Local and foreign investors asked the Ethiopian government to pay them compensation for lost properties amid the public riot in the Oromia Regional State.

Establishing interstate Djibouti corridor authority faces stern criticisms

The establishment of a new corridor which seeks facilitations of smooth flow of international and interstate trade and transport among Djibouti, Ethiopia, South Sudan and the Sudan has faced stern queries from the Ethiopian side.
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Local airlines seek market protection

Local private airlines rendering charter flight services in Ethiopia demanded that the government should give them market protection. 

Japanese coffee buyer to hold annual Ethiopia coffee quality...

Midyear coffee export stunted at 350 million Aiming at introducing additional new trademarked wild and organic coffee from Ethiopia the Japanese Ueshima Coffee Company (UCC) has launched and held the first coffee quality contest among Ethiopian coffee varieties.
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