The state owned giant Ethiopian Insurance Company (EIC), suffered a decline in its insurance coverage decreasing down to 8.4 Billion Birr in the just ended budget year. The decline in insurance coverage resulted in the Insurer’s overall market share to drop to 41 percent.
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Ethiopia Airlines announced it launched flights to Bale Robe and Kombolcha starting from Monday, September 01, 2014 and Wednesday September 10, 2014 respectively.
Ethiopia’s capital, Addis Ababa is going to have a new land lease pricing benchmark by the coming Ethiopian year. The new pricing benchmark is going to put in to consideration cost benefit analysis.
Add a comment Add a commentThe Canadian mining company, Montero Mining and Exploration Ltd, joined hands with the Ethiopian company, Hulager General Import and Export plc, for the extraction of granite from a project entirely owned by the latter at the Moyale Graphite Project.
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Bank of Abyssinia (BoA) bought a 15 storey 60 percent finished building from Saca Plc, a sister company of Ayat, for 400 Million Birr.
