Ethiopia: MoT to Establish a Supervisory Organ for Share Companies
Ministry of Trade (MoT) is going to establish a new regulatory body for the purpose of supervising share companies.
Add a comment Add a commentMinistry of Trade (MoT) is going to establish a new regulatory body for the purpose of supervising share companies.
Add a comment Add a commentOut of six enterprises, Privatization & Public Enterprises Supervising Agency (PPESA) floated, only one attracted a buyer.
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Cooperative Bank of Oromia S.C. (CBO) secured a gross profit of 470.6 Million Birr during the past budget year. This income is 78 percent higher than what the bank has earned in the budget year before that.
The Bid floated for organizing the 2015 Easter Trade Fair and Bazaar only managed to secure two bidders, which is one less bidder than the legal requirement.
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Bank of Abyssinia (BoA) started a system that allows its customers to withdraw up to 15,000 Birr from the Bank’s Automatic Tailor Machine (ATM) and 20,000 Birr from its Point of Sale (PoS).