Central Statistics Agency (CSA) disclosed Ethiopia’s inflation rate for the month August has rose to 7.2 percent, which is a 0.3 percent increase. This is said to be attributable to the increase in non-food items.
Add a comment Add a commentEthiopia concluded a hydro power plant construction agreement with three companies for the construction of a plant that is going to be built in Oromia State, out of which one is a local firm.
Add a comment Add a commentAddis Ababa City Transport Bureau (AACTB) is searching for private companies that will build 354 passenger shelters at public transport stop points. The shelters are going to be built in Addis and its neighboring towns.
Add a comment Add a commentThe state owned tobacco monopole, National Tobacco Enterprise (NTE), has acquired a new machine for the purpose of packaging and producing cigarettes at the cost of 140 Million Birr. The new machine is said to boost the enterprise’s annual capacity to six Billion cigarette sticks.
Add a comment Add a commentFormer President of Bank of Abyssinia (BoA), Addisu Haba, is now appointed as the president of Debub Global Bank (DGB).
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