2merkato

Ethiopia’s Ministry of Labor and social Affairs (MLSA) announced it will lift the travel ban it has lay on domestic workers who make a journey to the Middle East.

Ethiopia’s first light railway tracks as well as railcar testing was undertaken on Sunday, February 1, 2014 in the aim of ensuring the system is up to the standards.

Ethiopian Trade Practices & Consumer Protection Authority’s tribunal has dismissed a suit instigated by Meta Abo Brewery S.C. against Heineken Breweries. This was following both parties failed to appear for the second time.

Truck assembly plant built by N.A Metal Industry and Engineering is a PLC, in Ethiopia’s capital, Addis Ababa, was inaugurated. The assembly plant was constructed at an outlay of 250 million Birr and according to the shareholder and managing director of the company, Nebiyou Assefa, explained his firm would assemble trailers, semi-trailers, Sino Trucks and fuel tankers.

Tsedey Bank disclosed that it was working to have a total asset of Birr 65 billion in the coming five years during its 1st shareholders’ meeting which was held in Bahir Dar. Its current asset totals Birr 44 billion while its subscribed capital stands at Birr 11 billion.