Tag: Business

786 Views Comments

Commercial Bank of Ethiopia Staff Charged with Fraud as insider theft in Banking Sector rises

The Commercial Bank of Ethiopia has lost more than $314,000 to a bank fraud perpetrated at its headquarters. Twelve defendants, members of the same family,

504 Views Comments

Awash Insurance Made 91 Million Birr Profit during 2015/2016 Fiscal Year

Awash Insurance Company (AIC) disclosed it has made a net profit of 91 million Birr during 2015/2016 fiscal year. The profit made by AIC, which

806 Views Comments

Top Tomato Paste Maker, Quitting Nigeria Heads for Kenya, Ethiopia, 2 Others

Africa's top tomato paste maker, Chief Eric Umeofia, has set machinery in motion to set up manufacturing concerns in four additional African countries-Kenya, Cameroon, Cote

2506 Views Comments

Ethiopian Woman, Negest Dawit thrives in Washington’s World of Cigars

Negest Dawit, a savvy businesswoman from Ethiopia, steered her 1998 Mercedes Benz past a vacant building on 9th Street near downtown Washington, D.C. and gazed into her

887 Views Comments

Ethiopian Airlines begins Weekly Flights to Moroni, Comoros

Ethiopian Airlines, the fastest growing and the largest African airline, is pleased to announce that it begins thrice weekly services to Moroni, Comoros with the latest B737-800 New

1071 Views Comments

UBER coming to Ethiopia?

The mobile application Uber was considered a game changer because it was one of the inspirations for the sharing economy, where people could start business using their

923 Views Comments

Ethiopian Airlines NW16 South Africa Service makes Changes

Ethiopian Airlines once again tweaked planned South Africa operation from December 2016, according to latest schedule update, which sees planned aircraft changes. The airline’s existing

673 Views Comments

Investors Getting Nervous About their Businesses in Ethiopia

ALAGA DORE, Ethi­o­pia — The smell of rotting mango and passion fruit still hung in the air over the blackened shell of a juice factory

780 Views Comments

Total Partners with Addis Ababa Institute of Technology to Tackle Waste Oil

Total Ethiopia has partnered with Addis Ababa Institute of Technology to tackle the indiscriminate handling, management and disposal of used oil, a major contaminant of

821 Views Comments

Ethiopian Airlines to Hire Nigerian Pilots, says Country Manager

Ethiopian Airlines plans to employ Nigerian pilots for its growing fleet of B777, B787, B737 and Dash 8 Q-400 aircraft. Besides, the carrier is ready to

947 Views Comments

Ethiopian Airlines Unveils Newly Built in Flight Catering Center

Ethiopia national carrier Ethiopian Airlines has unveiled in flight catering facility built at a cost of $15 million. The new G+1 in-flight catering covers a total

717 Views Comments

Agriculture - Vehicle for Economic Transformation

One key element for achieving sustainable development is the ability to broaden the source of growth as well as transforming and diversifying structural basis of

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