Ethiopian Flying 22 Times a Day to Gondar for Timket
Ethiopian Airlines announced that it is flying 22 times a day to Gondar from Addis Ababa for the Ethiopian Epiphany (Timket) festivities.
Ethiopian Food Inflation Plunges to Single Digits
Ethiopia's inflation rate for food items for the Ethiopian month of Yekatit (February 8th-March 9th) plummeted to a single digit 7.9 per cent. The overall national inflation rate also fall to 10.3 percent for the same period, according to the Ethiopian Ministry of Finance and Economic Development.
Ethiopian Fruit Nursery Blends High Yield Avocado Species
The Butajira Fruit Nursery and Training Center, Ethiopia blended imported species with local ones producing short trees that are ready for harvest within three years. Avocado species and technology were imported from Israel through financing from the United States Agency for International Development (USAID).
The blended species is resistant to disease, bears fruit annually for an estimated fort years and bears fruit that is uniform and softer than local types said Amerga Menji Manager of the Nursery.
Ethiopian FTA Implementing New Freight Transport Companies Classification Regulation
The Ethiopian Federal Transport Authority (FTA) started implementing a new regulation which classify transport companies into five categories, Fortune reported.
The classification will be based on the capacities of the transport companies and is intended to create a transparent and modern administrative system, according to Fortune.
Ethiopian Fuel Trading Expands to All Banks
Petroleum and Energy Authority announced a major shift in fuel trading, opening it up to all banks in the country. This move comes in response to customer and bank complaints regarding limited payment options.
