Ethiopia: Only One Public Enterprise Attracted Bidders
Out of six enterprises, Privatization & Public Enterprises Supervising Agency (PPESA) floated, only one attracted a buyer.
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).
Ethiopian Airlines announced it took delivery of three pilot training aircrafts from Cessna Aircraft Company. The aircrafts are dubbed Cessna 172 Pilot.
