Tea prod’n hangs by thread, two big plants suspend export
Tea exports drops by half
The number of Ethiopia’s tea farmers and exporters dropped to one, as two large companies exited the business over the...
Safaricom to shell out USD 700 mln for equipment imports
Company applauds gov’t for easing import processes
Safaricom Ethiopia is about to invest USD 700 million to import equipment until the end of the company’s...
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SoEs fall short on dividend payments to government
State Owned Enterprises (SoEs) pays 5.3 billion birr to the government in the last nine months, 38 percent lower than the figure registered the...
Local fertilizer production plan takes shape
Ethiopian Investment Holding vies to partner with foreign fertilizer manufacturers
The Ministry of Mines will soon hire international companies that are able to conduct a...
Gov’t to issue digital IDs for foreigners living in Ethiopia
With a mission to issue a unique identifier that will serve as a primary proof of identity, the Ethiopian National ID Program plans to...
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Less wheat, fuel subsidy distress food factories
Food complexes such as pasta and macaroni factories and millers are troubled by the scarcity and high price of wheat, coupled with the government’s...
Housing Corp. eligible for more loans despite 54 billion birr debt
A new assessment shows the Addis Ababa Housing Corporation is eligible to take more loans from the Commercial Bank of Ethiopia (CBE), despite its...
Hawassa city Admin, shipping enterprise spar over dry port project
Hawassa customs office complains the delay of the construction of the dry port is causing havoc
Executives of the Ethiopian Shipping and Logistics Service Enterprise...
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Ethiopia opts to export electricity to five additional African states
Ethiopia is negotiating to increase its electricity exports to five additional states in eastern Africa. If the plan with Somaliland, Rwanda, Tanzania and Burundi...