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Oromia grosses 938 mln profit

Oromia International Bank SC (OIB) bagged a record high profit where its profit before tax, as of June 30, 2018 skyrocketed by 140 percent to 938 million birr.

Coffee promotion sparks controversy, protest

Following Facebook and website posts by Ethiopian Airlines and the Ethiopian Coffee and Tea Development Authority, Kaffa Zone of the Southern Nations, Nationalities and Peoples’ Region (SNNPR) has staged a consecutive three-day long demonstration protesting the alleged denial of Kaffa’s historic right as the origin of coffee by two institutions.

OLF protests army deployment in west Oromia

In a conflict that erupted in West Oromia, Qellem Wellega zone, the Oromo Liberation Front (OLF)/ABO – whose supporters are alleged to be active in those areas – protested against the deployment of the national army by the government, The Reporter has learnt.

Investors seek govt’s protection

Local and foreign investors engaged in various investment projects in different parts of the country disclosed that the government should ensure peace and stability around investment projects.

Protest rocks Agaro town

Agaro, a town in Jimma Zone, has been hit by a new wave of protest and demonstration this week which culminated in minor clash between protesters in the town and members of the security, The Reporter.

Adama gets USD 140 million Industrial Park

The first phase of the USD 140 million Adama Industrial Park was inaugurated by Prime Minister Abiy Ahmed (PhD) on Sunday October 7, 2018.

The industrial park rested on 365.5 hectares of land and the first phase which saw the construction of 19 manufacturing sheds took place in 102 hectares of land, according to information from the Industrial Parks Development Corporation (IPDC).

OLF says it is working to disarm soldiers

The Oromo Liberation Front (OLF)/ABO which is said to have around 4,300 soldiers in the country and of which only 1,500 have disarmed thus far, told The Reporter this week that it is working with authorities to fully disarm its fighters and further its peaceful engagement in the political space in Ethiopia.