Commercial Bank of Ethiopia (CBE), the state owned bank, disclosed out of its entire hard currency earning during the first 6 months of the current fiscal year, 85 percent of it was from remittances.
Ethiopia announced the rental fee it will ask for sheds in the Hawassa Industrial Park.
Repi's Solid Waste Power Station has resumed full power generation after the maintenance of the power generation turbine was completed on September 9, 2023. The turbine had been out of service for more than a year due to a minor breakdown and a shortage of spare parts.
Restaurants, lodges and motels in Ethiopia are going to be rated by the Ministry of Culture and Tourism. The rating is going to be based on the level of services they provide for which they will be rated from 1 to 5 stars.
Ethiopian Sugar Corporation disclosed, restoration of Methara Sugar Factory, one of the sugar factories in Ethiopia – where the supply can’t meet the demand – has reached 90 percent completion rate. The restoration job was needed following the damaged that caused by a storm.
