2merkato

The Ethiopian Ministry of Culture and Tourism is finalizing a new standard for the hotels, catering and tourism sector.

"we will be undertaking the pilot project on selected hotels, restaurants and lodges" said Tewodros Deribew, Tourism Services Competence Accreditation director at the Ministry. Add a comment Add a comment

Ethiopian Privatization and Public Enterprises Supervising Agency is to re-float Caustic Soda S.C after the previous buyer MCC Imports Enterprise, withdraw its contract with the Agency.

Caustic Soda S.C was first floated with an indicative price of 14 million Birr and purchased by MCC Importer and supplier of chemicals to soap and paint manufacturing companies  for 14.8 million Ethiopian birr. Add a comment Add a comment

The Ethiopian Shipping & Logistics Services Enterprise reported a profit of 593 million Ethiopian Birr, in the last nine months of the current Ethiopian Fiscal Year.

The Enterprise's total revenue stood 5.6 billion Br, about five billion Birr of its total revenue is accounted for operational expenses, including voyage costs, demurrage fees, salaries and port expenses. Add a comment Add a comment

MTN Ethiopia signed a 6-million Ethiopian birr sponsorship contract with the Ethiopian Football Federation (EFF). The sponsorship agreement is aimed at supporting the national football team, the Walias, for one year period, with the a possibility of extension.

As part of the agreement, MTN Ethiopia will be a second-tier sponsor, and the exclusive value-added services (VAS) provider of the EFF. Some of the benefits of sponsoring the national team include MTN Ethiopia’s association with Ethiopian Football Federation’s products, activities and services. Add a comment Add a comment