2merkato

Tekleberhan Ambaye Construction S.C., a local construction firm, formed an alliance with the Miami based Pinnacle—Berlani Partnerships to form a joint venture (JV) real estate that uses Cellular Light Concrete (CLC).

Ermias Eshetu has been selected to be the new Chief Executive Officer (CEO) of the Ethiopian Commodity Exchange (ECX).

A new web Portal was launched by the Ethiopian Government Communication Affairs Office (GCAO) on Friday, December 12, 2014.

Ethiopia’s central bank, National Bank of Ethiopia (NBE), is going to serve banks and financial institutions with a one day workshop that is going to revolve around digital financial service.

The newly reestablished Ethiopian Investment Commission (EIC), disclosed it issued license for 135 new and expansion investment projects in the first three months of the current fiscal year.

Ethiopia’s telecom monopole, Ethio Telecom, is set to conclude telecom infrastructure expansion agreements with Ericsson, which will be taking USD 800 Million prior deal the Ethiopian company had with ZTE Corp.

During a ceremony held in Los Angeles, California, Ethiopian Airlines is awarded as the “Best Airline to Africa” by the US magazine, Premier Traveler.

Addis Ababa Trade Bureau nullified 11 gas stations’ trading permits that are accused for the current shortage of fuel in the capital of Ethiopia.

Private airlines that operate in the capital city of Ethiopia asked the Federal Government to construct an alternative airport for the purpose of handling small aircraft.

Ethiopian Revenues and Customs Authority (ERCA) decided to increase the amount of non taxable transportation allowance and per diem. The Authority backed its decision claiming the cost of living has risen than it used to be.