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Ethiopia: ERCA Preparing Regulation on Options of Cash Register Machine Disposal

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Published on 26 August 2015
Category: Latest Business Alerts

ercaThe Ethiopian Revenue and Customs Authority said it is preparing a draft regulation on options tax payers should take when cash register machine stops giving service as a result of technical problems or close their businesses.

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Ethiopia: Velocity Apparel to Commence Textile Production in Mekelle

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Published on 26 August 2015
Category: Latest Business Alerts

Dubai’s Velocity Apparel Companies Plc is about to commence textile production in its plant in Tigray by the end of October 2015, Addis Fortune reported.

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Ethiopian Launches New Website - 24 August 2015

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Published on 25 August 2015
Category: Latest Business Alerts

ethiopian airlinesEthiopian, the largest, most profitable and fastest growing African Airline has launched its revamped, brand-new website showcasing a customer focused online presence.

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Ethiopia: ERCC to Take 50% Market Share in Road Construction

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Published on 25 August 2015
Category: Latest Business Alerts

The Ethiopian Road Construction Corporation (ERCC) introduced new business plan to boost the government’s market share in road construction to 50 percent share by the end of GTP II period, Capital reported.

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UCC Ueshima to Hold Coffee Quality Contest in Ethiopia

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Published on 25 August 2015
Category: Latest Business Alerts

The Japanese Company, UCC Ueshima Coffee Ltd., disclosed on August 24, 2015, that it would hold coffee quality contest in Ethiopia in mid March, 2016.

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Ethiopia: DBE Avails 76 Billion Birr Loan for Priority Projects

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Published on 24 August 2015
Category: Latest Business Alerts

develomental bank of ethiopiaThe Development Bank of Ethiopia (DBE) says it prepares 76 billion Birr for priority sectors of investment in five years to come, according to the Capital.

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Ethiopia: PPESA to Sell Langano Wabi Shebelle Hotel

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Published on 24 August 2015
Category: Latest Business Alerts

The Privatization and Public Enterprises (PPESA) is going to sell Wabi Shebelle Hotels Enterprise located at the shores of Langano Lake, Capital reported.

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Ethiopia: DBE to Extend 9.4 Billion Birr Loan for Small and Micro Enterprises

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Published on 24 August 2015
Category: Latest Business Alerts

develomental bank of ethiopiaDevelopment Bank of Ethiopia (DBE) has planned to lend 9.4 billion Birr to graduates from technological and vocational training institutions and to enterprises set to transfer to medium industries in the coming five years.

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Ethiopia: More Than 200 Investment Projects Start Production

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Published on 24 August 2015
Category: Latest Business Alerts

More than 200 investment projects worth 20.7 billion Birr have gone operational, according to the Ethiopian Investment Commission.

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Ethiopian Secured 3.5 Billion Birr Net Profit

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Published on 24 August 2015
Category: Latest Business Alerts

Ethiopian Airlines has secured a net profit of 3.5 billion Birr in the 2014/2015 budget year, according to The Reporter.

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