Friday, March 31, 2023

Tag: Tobacco

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...

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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.

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