Africa’s largest Airline Group, Ethiopian Airlines, is pleased to announce that it has won Airline of the Year Award, for the fifth year in a row, by the African Airlines Association (AFRAA) during its 48th Annual General Assembly held on November 21, 2016, in Victoria Falls, Zimbabwe.
Add a comment Add a commentOromia Insurance Company S.C., one of the private insurance firms in Ethiopia, bagged a net profit of 33.4 million Birr. However, the performance shows a 38 percent decline when compared to the year previous to it.
Add a comment Add a commentEnat Bank S.C., one of the private banks in Ethiopia, made a net profit of 79 million Birr in the past fiscal year. The performance of the bank shows a 59 percent increase when compared to the preceding year.
Add a comment Add a commentEthiopia’s Sugar Corporation disclosed it has canceled the construction of 2 sugar factories out of the intended 10. The projects that will be affected by the change of plans are Kuraz and Beles projects.
Add a comment Add a commentCommercial Bank of Ethiopia (CBE) bagged a net profit of 4 billion Birr in the first quarter of the current fiscal year with total earning of 7.7 billion Birr.
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