2merkato

Zabidar Beer S.C. has joined Ethiopia’s beer market as the latest entrant with a beer which is 330 cl and has an alcohol content of 5 percent. The company has introduced pull of caps, also known as RipCap, for the first time in Ethiopia – meaning the beer bottles do not need bottle openers.

In the aim of preventing urban air pollution, Ethiopia’s Ministry of Urban Development and Housing has started to implement a strategy that forces construction sites to reserve 30 percent of their allotment for green areas.

Ethiopian Airlines Cargo Terminal, which is under construction currently, has reached 82 percent completion rate and it is scheduled to be operation by April 2017.

Africa’s largest airline group, Ethiopian Airlines, is delighted to announce that it has concluded preparations to start new flight to Chengdu, China three times weekly as of June 3, 2017.

The newly appointed CEO of Ethiopian Shipping and Logistics Service Enterprise (ESLLSE), Yacob Yalla, was shifted by Hailemariam Dessalegn, Prime Minster of Ethiopia, to be head of Ethiopian Horticulture Development Corporation.

Ethiopia harvested 3.2 million quintals of coffee from Southern Nations, Nationalities and Peoples’ State (SNNP). Such was disclosed by Coffee, Tea and Spices Authority.

Tendaho Irrigation Dam has been completed after consuming 8 more years of its scheduled timeframe, Ethiopia’s Ministry of Water, Irrigation and Electricity announced. The dam is built in Afar State and has the capacity of holding 1.8 billion cubic meter water. It can also irrigate 60,000 hectares of land.

National Insurance Company of Ethiopia S.C. (NICE), one of the insurance firms in Ethiopia, lost its CEO, Tedros Bogale. His resignation, according to Fortune, is going to be effective from January 7, 2017.

Addis Ababa Trade Bureau disclosed more than 15,000 businesses have returned their business licenses to the Bureau. The major factors, according to the Trade Bureau, for the businesses returing their license are redevelopment activities and changes of profession by the business persons.

Africa’s largest Airline Group, Ethiopian Airlines, is pleased to announce that it has ended yet another year of fast and profitable growth in 2016, highlighted by fleet and network expansion as well as significant investment in customer services in the air and on the ground.