borkena April 16, 2020 Commercial Bank of Ethiopia is giving three months debt relief for its clients who are paying a townhouse mortgage, and who are economically impacted by COVID 19. Based on the arrangement, borrowers do not have to pay their debt between April and June, and they do not have to apply for it. […]
Ethiopian Airlines CEO says no permanent employee is laid off despite loss of $550 million in revenue due to Coronavirus pandemic borkenaApril 7, 2020 Ethiopian Airlines CEO, Tewelde Gebremariam, on Tuesday, said that the airline had lost 550 million dollars in revenue due to the Coronavirus pandemic. In a press conference that he had regarding […]
Metehara Sugar Factory. Photo credit : Ethiopian Reporter borkena February 21, 2020 Ethiopia’s Ministry of Finance disclosed on Friday that it is working on the transfer of six sugar factories to the private sector. Haji Ibsa, public relations head in the ministry, said that the plan is to finalize the sale by the end of […]
borkenaJanuary 28, 2020 TAF oil inaugurated on Tuesday a 450 birr worth of oil depot in the capital Addis Ababa. The installation is located within the premises of Ethiopian Airlines and is said to have a capacity of holding up to six million liters of fuel. It took the company two years to complete the […]