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Agency Privatizes 326 Enterprises

Published on: Wed, 2013-12-18 00:00

The Privatization & Public Enterprises Supervising Agency (PPESA) said it has privatized 326 public enterprises, including their branches, during the past 18 years.

EEPCO Split Official, Two New Entities Go Operational

Published on: Wed, 2013-12-18 00:00

Ethiopia made official the split into two independent entities of the state utility Ethiopian Electric Power Corporation (EEPCo).

Ethiopian Bank To Get ATMs, PoS By June 2014

Published on: Wed, 2013-12-18 00:00

The Bank of Abyssinia (BOA) in Ethiopia is set to offer its clients ATM and Point of Sale (PoS) services by June next year in a bid to expand its services.

EEPCo’s Plug Pulled

Published on: Tue, 2013-12-17 00:00

After spending years studying and millions of dollars restructuring the state power monopoly, the Ethiopian Electric Power Corporation (EEPCo), the Council of Ministers dissolved the almost 60-year old corporation and split it in to two.

Djibouti Gives Ethiopia Cargo Ultimatum

Published on: Sun, 2013-12-15 00:00

The government of Djibouti has given a deadline of January 15, 2014, for challenging the manner in which cargo is released from its ports. The new rules will state that no cargo inbound to Ethiopia will be released until the clearing agent in Djibouti produces a note from banks stating that foreign exchange to pay for transport, transit and forwarding services has actually been transferred.

MeTEC To Join Forces With Kazakh Companies

Published on: Sat, 2013-12-14 00:00

The Metals and Engineering Corporation (MeTEC) and the National Welfare Fund Samruk-Kazayna of Kazakhstan are taking steps to establish a joint working group for studying investment opportunities and projects, The Reporter reported.

New Single Window System To Ease International Trade Process

Published on: Sat, 2013-12-14 00:00

The International Climate Fund (ICF) has signed an agreement with the Ethiopian Revenues & Customs Authority (ERCA) to provide 4.3 million dollars for the establishment of an Electronic single window system.

UK Continue To Extend Support To Ethiopia: DFID

Published on: Sat, 2013-12-14 00:00

Department for International Development (DFID) Permanent Secretary Mark Lowcock said UK will continue to extend its support to Ethiopia in a bid help the country realize development.

Pres. Mulatu Hold Talks With Indian Business Delegation

Published on: Sat, 2013-12-14 00:00

President Mulatu Teshome on Thursday held talks with Indian Business Forum delegation led by the Chairperson Mayur Kothar.

Semera Airport Inaugurated

Published on: Sat, 2013-12-14 00:00

በ15 ሚሊዮን ብር የተገነባው የሰመራ አውሮፕላን ማረፊያ ተመረቀ።

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