Saturday, April 20, 2024

Tag: Transportation

Public Transport Enterprise eyes cross-country service

The Public Service Employees’ Transport Service Enterprise has procured 50 luxury buses at a cost of USD 6.1 million to begin providing cross country transport service.

Light Railway incurs 4.6 billion Birr in losses

Addis Ababa Light Railway, which functions under the auspices of the Ethiopian Railway Corporation, incurred 4.6 billion Birr in losses in its first four years of operation, forcing it to borrow money from the state-owned Commercial Bank of Ethiopia (CBE) to repay its loan, a new report reveals.

City prepares road infrastructure management strategy

Addis Ababa’s Transport Bureau plans to prepare a comprehensive road infrastructure management strategy as part of its ten-year transport sector plan, expected to be approved by the City’s Council next month, The Reporter has learnt.

Registered vehicle in Ethiopia reaches 1.2 mln

The Ministry of Transport, in its latest report revealed that the total number of vehicles registered by the authority, at both federal and regional levels, has reached close to 1.2 million vehicles. Out of the total registered number; motorbikes top the list for any type of vehicle registered by the Federal Transport Authority.

New company joins taxi hailing business

El-Taxi Trading has become the latest company to enter the taxi hailing app business in which taxi owners’ associations are members along with the management of the company. It has been four months since the establishment of the company.