2merkato

The Ethiopian Customs Commission (ECC) said it is planning to begin a fully digital electronic service and go paperless, in a bid to give fast and up-to-date service. 

Five percent shares of Ethiopia's sole telecom services, Ethio Telecom, are to be sold to Ethiopian citizens, while 40 percent stake will be sold to international companies.

Commercial Bank of Ethiopia (CBE), in partnership with Solget Travel Agency, announced they have made a deal to jointly launch an electronic flight booking application. The app, dubbed GuzoGo (Guzo, Amharic for "travel"), will enable passengers reserve flights and pay via the CBE Birr platform.

Flights between Addis Ababa, Ethiopia, and Karachi, Pakistan will start soon, Shozab Abbas, Pakistan's Ambassador-designate said. This comes following Pakistan lifting a ban on the import of beans to Ethiopia.

Ethiopia's Amhara Credit and Savings Institute (ACSI) is to turn into a bank, the Institute's CEO, Mekonnen YelewimWossen, announced. This, he said, comes in following efforts to turn the microfinance institute into a bank for some nine years, and it will now transform into a bank and go operational in three to six months. 

The Ethiopian Ministry of Trade and Industry announced fuel retail prices of fuel will remain unchanged for the month of August 2020.

Ethiopia's Ministry of Finance announced that it has obtained $2.96 billion (close to 107 billion birr) from various sources, multilateral and bilateral, in the form of grants and loans in the Ethiopian fiscal year that ended on July 7. The Ministry declared $1.92 billion (69.5 billion birr) of this has been obtained from grants, while the rest was secured from loans.

Since launching refrigerated electric train services last week, Ethiopia is ready to send the second batch of avocado produce to other countries, Ethiopian Horticulture Producers and Exporters’ Association announced.

Ethiopian Airlines announced it has successfully completed a new passenger terminal at its hub Addis Ababa Bole International Airport. The new passenger terminal, the airlines said in a statement sent to 2merkato.com, places emphasis on Bio-Security and Bio-Safety measures.