Tag: Business

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Dangote Cement May Quit Its Production in Ethiopia over Mining Dispute

East Shewa Zone administration wants Dangote Cement Plc to outsource its pumice, sand and clay mines to youth groups or be responsible for “any problems”

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Ethiopia Started Manufacturing Vehicles' Motors

The Ethiopian Power Engineering Industry organized under the Metals and Engineering Corporation said it has begun manufacturing motors for vehicles used for automotive, construction and

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Road Network Revolution Key for Nation's Socio-Economic Transformation

Roads are the most popularly used mode of transport. They have been catalysing human civilization and supporting economic and social development of the world since

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China Trade week at Intercontinental Addis hotel

China Trade week at Intercontinental Addis hotel

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Ethiopia Airlines Renegotiating Management Contract for Arik Air With FG

After few months of prevarication, THISDAY can authoritatively report that the Ethiopia Airlines has been negotiating management contract for Arik Air, which was taken over

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New Ethiopian Hub to officially Open in Late June

Ethiopian Airlines will officially open its new air cargo terminal at home hub Addis Ababa later this month. Africa’s largest carrier said that it would open

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Members of Parliament Pledge support to Turkish Cable Producer

A group of Ethiopian legislators Wednesday pledged a support to Turkey’s biggest cable producer to help resolve issues, which have been negatively affecting the company’s

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Chinese firms invest 4 billion USD in Ethiopia in 2 decades

Chinese companies have invested around 4 billion U.S. dollars during the last two decades in Ethiopia, employing 111,000 Ethiopians on permanent and temporary basis. The statement

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Ethiopian Airlines Inaugurates Non-Stop Flight to Chengdu

Africa’s largest airline, Ethiopian Airlines, has launched three times of weekly flights to Chengdu, China as of May 22. Ethiopian is the first African carrier to

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CBE’s Deposit Hit 347.1 Billion Birr

Commercial Bank of Ethiopia (CBE), the government owned giant, disclosed its total deposit has reached 347.1 billion Birr. There is a huge increase when compared

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Belayab Motors, Launches its locally Assembled Rio and Picanto

Belayab Motors, a subsidiary of Belayab Investment Group, has been launched its locally assembled Rio and Picanto, Kia’s “Tiger Nose” popular model sedan cars assembled

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Ethiopia to continue to support cement investments

Ethiopia will continue to offer investors in the cement industry attractive incentives as it seeks to dominate the cement trade in the wider East African

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