Wednesday, February 28, 2024

Business

“Like buying a car with no tires”: Reports reveal...

BGI Ethiopia acquired the brewery from Diageo last year One of the country’s oldest and largest breweries was sold last...

Private sector blasts passive Addis Chamber for inadequate representation

Tax, lack of finance, corruption smothering businesses Members of the Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) are...

Central bank propositions battered EFFORT mining co.

Ezana Mining preparing to restart operations Regulators at the central bank have proposed a gold-for-forex priority arrangement with a subsidiary...

Fed in deep as banks’ treasury bond stock nears...

The federal government’s stranglehold on commercial banks via its obligatory treasury bond policy has reached new heights, with the...
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Tigray industry bureau requests interest waivers, credit lines for...

The Tigray Transitional Administration’s Industry Bureau has filed an official request with the federal government to waive interest on...

Injera exporters decry transport restrictions, gov’t indifference

Exports generated USD11 mln last year A lobby group representing exporters of injera has appealed against a recent decision from...

New rules worsen industrial salt debacle, threaten brewers, tanneries

Trade state minister deposed after endorsing the contentious rules Confusion surrounding federal restrictions on the supply of crucial unprocessed salt...

Eurobond coupon unpaid for “equitable treatment”: Finance Ministry

The Ministry of Finance claims its failure to service a USD 33 million Eurobond coupon this month is intentional,...
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Brewers in salt crisis as state corp unable to...

The country’s largest brewers sound the alarm as stocks of industrial salt, a key ingredient in beer production, run...

State insurer sees claims, profits climb

The Ethiopian Insurance Corporation (EIC) settled more than half a billion birr in insurance claims during the first quarter...
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