borkenaJuly 15, 2019 TIRET a conglomerate rung by Amhara regional state is privatizing ten of its companies reported state-affiliated Fana Broadcasting Corporation (FBC). Some of them will be transferred to the private sector on the basis of selling shares while others will be entirely privatized, according to Deputy CEO of TIRET, Abate Sitotaw, who is […]
borkenaJuly 9, 2019 Draft bill prepared to amend investment law in Ethiopia makes weapons, ammunition and explosives production open for the public, according to a report by Addis Fortune which was published on July 6, 2019. The draft bill also opens air transport, postal service, and electric power distribution sectors open for the public. Based […]
ENAPublished on July 1, 2019 Addis Ababa – Ethiopian Airlines will launch inaugural flight to Marseille, France, tomorrow. The inaugural ceremony of the SKYTRAX certified four-star global airline is expected to be attended by ambassadors and the management of Ethiopian. The flight to Marseille is an addition to its flight to Paris, France, it was […]
borkenaJuly 2, 2019 Coca-Cola is investing US$ 300 million to take its business to the next level in the country. According to a report by Bloomberg, the expansion project is a five years plan. The company has been in the country for well over sixty years. The first phase of the expansion, which is expected […]