The Ethiopian Privatization and Public Enterprises Supervising Agency (PPESA) has offered 11 state-owned enterprises for privatization, Walta Information Center reported.
Asebe Kebede, the Agenecy's Deputy Public Relations Head, told Walta Information Center today, the Ethiopian Mineral Development S.C., Ethiopian Pharmaceuticals Manufacturing S.C, Bahir Dar Textile SC, Kombolcha Textile SC,
Add a comment Add a commentThe Privatization & Public Enterprises Supervising Agency’s (PPESA) tender to privatize state owned enterprises again failed to attract bidders, Fortune reported.
The Agency put Caustic Soda S.C. and Ethiopian Mineral Development S.C. on the auction block in October, however it failed to attract not even a single bidder.
Add a comment Add a commentThe Amhara Revenues and Customs Authority said it has collected more than 1.4 billion birr in revenue from various income titles over the past five months, Ethiopian News Agency reported.
Communication Expert with the Authority, Alemayehu Gashaye told Ethiopian News Agency that 32.4 percent of the total revenue was generated from direct taxes, while the remaining is from municipality services.
Add a comment Add a commentThe Lamberet Bus Terminal is to commence operation within the next month, after years of delay, Fortune Reported.
The terminal which lies on 22,053 square meter lot in Yeka sub city, was originally scheduled for completion in June 2005.
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Bank of Abyssinia (BoA) concluded a contract with Computer Business Machines (CBM), a Lebanon-based company for the purchase of 50 Automatic Teller Machines (ATM), on December 7, 2013, Fortune reported.
BoA has also selected S2M, a Moroccan company for the supply of 200 Point of Sale terminals (PoS) and a switch system, however they have yet to sign the contract, according to Fortune.
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