A draft regulation prepared by the Ministry of Trade (MoT) which revises the profit margin of oil companies and dealers in Ethiopia has been submitted to the Council of Ministers.
Add a comment Add a commentEthiopia’s oil import bill for the current fiscal year is going to go down by USD 600 Million, which is an estimated 21 percent of the overall import bill.
Add a comment Add a commentEthiopian Roads Authority (ERA) disclosed upgrade work for the Dire Dawa – Dewele road has been started and it is expected to cost the Authority 3.9 Billion Birr.
Add a comment Add a commentA draft Cement Industry Development Strategy has been released by Ethiopia’s Ministry of Industry in the aim of increasing the nation’s cement consumption by more than threefold within a decade.
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The state owned giant, Commercial Bank of Ethiopia (CBE), disclosed it is intending to open branch offices in countries that has a big number of Ethiopian communities.
