2merkato

Ethiopian entrepreneur Bethlehem Tilahun, founder and managing director of soleRebels has been selected as one of the twelve women to watch my Forbes magazine.

Forbes magazine selected twelve up and coming women who are exhibiting the potential to climb to the ranks of the most powerful women in the world in the coming year as supplement to its annual World’s 100 Most Powerful Women list.

The twelve women include Robin Roberts, Co-Anchor of Good Morning America, Kate Middleton, Duchess of Cambridge and Sara Blakely, founder of iconic apparel company Spanx! as well as Bethlehem. 

The Ethiopian Private Organization’s Employee Social Security Agency has collected more than 800 million birr in the first year that it had been in operation according to the Ethiopian Revenue and Custom Authority.

The authority has been able to collect over 800 million birr in pension contributions from private organizations according to Melaku Fenta, Director General of ERCA in a statement to the press in regards the performance of the authority.

Private companies have been handling payment of pension contributions through the revenue collecting offices.

The city administration of Addis Ababa is preparing to transfer kebele administered shops and recreational centers to consumer associations in the next six months.

The City Council issued a regulation to enact the transfer of the businesses in July. The establishments to be transferred too consumer associations have a collective capital of 104 million birr and fixed assets of 35.45 million birr and more than 64.85 million birr in cash.

The transfer are expected to resolve challenges allowing the establishments to be managed as publicly responsible, accountable and transparent institutions said Mulugeta Mengistu, Head of the Cooperatives Development Office.

Ethiopian Airlines embarked on the first inaugural passenger service flight to Addis Ababa within 24 hours of receiving the first Boeing 787 Dreamliner according to Mxi Technologies, a leading aviation maintenance management software.

Ethiopia is committed to the vision of modernizing its fleet and maintenance and the first 787 flight represents this commitment according to Mr. Mesfin Tasew, Chief Operation Officer of Ethiopian Airlines.

Maintenix has allowed the airline to support its historic entry into service with confidence to maintain the next generation aircraft through automatic real-time confirmation of airworthiness in line with OEM guidelines and the maintenance plans of the airline in receiving the airline and embarking on the first flight he said.