Japan tobacco assigns new CEO
A couple of weeks after the transfer of 30 percent stake belonging to the Ethiopian government in the National Tobacco Enterprise (NTE) SC to Japan Tobacco International, the company has assigned a new Chief Executive Officer (CEO) to spearhead its operation in Ethiopia, it was learnt.
Gov. withdraws from tobacco business
The Government of Ethiopia has decided to transfer its last remaining 30 percent stake in the National Tobacco Enterprise SC to the Japanese tobacco giant, Japan Tobacco International (JTI), at a total cost of USD 434 million.
Gov’t withdraws from tobacco investment
The Government of Ethiopia has decided to transfer its last remaining 30 percent stake in the National Tobacco Enterprise to the Japanese tobacco giant...
Teff prices skyrocket, farmers blame authorities, hoarding intensifies
Residents of Addis Ababa and other major Ethiopian cities...
Can further devaluation clear market distortion?
Last week, prior to traveling to the United States...
Khat exporters in trouble, $ 21 million export earnings lost
32 exporters accused of mishandling $21 million The licenses of...
Investment Commission commissioner resigns
At the helm for a mere six month after replacing the long-time commissioner, Fitsum Arega; the recently promoted commissioner of an institution that has become an important government agency in charge of luring foreign investment and changing the narrative of the nation, Belachew Mekuria (PhD) has cited family obligations as a reason for his resignation.