The Ministry of Trade (MoT) is set to take measures against importers who have failed to comply with the ministry's standard quality certification requirement for 57 items, Fortune reported.
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Abay Bank, reported 38.04 million birr profit after tax and earnings per share of 14.3 Br from 12.2 birr, Fortune reported.
Bank of Abyssinia (BoA) signed a contract with S2M – a Moroccan company –, on Saturday, December 28, 2013, for the installation of 200 Point of Sale (PoS) machines and Electronic Fund Transfer (EFT) switch machines, Fortune reported.
North Holdings Investment Inc., U.S. based Ethiopian-American company is to build a cement factory with US$ 800 million investment near Dejen town, in Amhara Regional State, according to The Reporter.
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The Commercial Bank of Ethiopia (CBE) earned US$ 1.1 billion from export trade in the 2012/13 fiscal year, according to The Reporter.
