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Ethiopian Growth Plan Cause for Debate

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Category: Latest Business Alerts

The international financial institutions claim that the Growth and Transformation Plan adopted by Ethiopia is over ambitious. The Ethiopian government counters the allegations by pointing to the 11.4% growth recorded in the last fiscal year.  

The plan leans too heavily on output by public companies such as Sugar Corp. and Metal and Engineering Corp. and may put the whole macro economic stability at risk according to a World Bank official.

The success of the plan is attested by the impressive 11.4% growth recorded argues Meles Zenawi Prime Minister of Ethiopia. The 15% annual growth set in the growth plan is a marker to urge progress and all financial planning is figured according to the more realistic 11% mark explained the Prime Minister.

Last Updated on 14 August 2013
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Ethiopian Holds All-Women Operated Flight in Honor of March 8

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Category: Latest Business Alerts

et-all-women-flight-to-dcCommemorating International Women's Day, Ethiopian Airlines operated an all-women functioned flight to Washington DC on 7 March 2020.

Last Updated on 09 March 2020
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Ethiopian Honored with APEX Regional Passenger Choice Awards 2022

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Category: Latest Business Alerts

Ethiopian Airlines, Africa’s leading aviation group, is pleased to announce that it has won the 2022 APEX Regional Passenger Choice Awards for ‘Best Entertainment’ and ‘Best Cabin Service’ in Africa. The award was held in Dublin, Ireland to celebrate airlines being honored with the 2022 APEX Regional Passenger Choice Awards. The awards recognize airlines in various regions for providing the best passenger experiences as rated by passengers.

Apex Best Cabin Service ETCommenting on the awards, Ethiopian Airlines Group CEO Mr. Mesfin Tasew, said “We are very glad to have won the 2022 APEX Regional Passenger Choice Awards for ‘Best Entertainment’ and ‘Best Cabin Service’ among African carriers. As a customer-centric airline, we do our best to exceed passengers’ expectations when it comes to the service we deliver onboard our fights. I would like to thank our passengers for their vote of confidence, and would like to assure them that we will remain committed to further enhance our in-flight service including our entertainment products to elevate customer experience.”

Last Updated on 15 June 2022
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Ethiopian Hopes to Join WTO in 2015

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Category: Latest Business Alerts

The Ethiopian Ministry of Trade announced that Ethiopia expects join the World Trade Organization (WTO) by 2015.

Lesanework Zerfu, Head of the Multilateral Trade Relations Department of the Ministry told journalists at a press conference that Ethiopia’s accession to WTO is expected to be finalized in the third quarter of 2015.

Last Updated on 14 August 2013
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Ethiopian Horticulture Companies Eying South Korean Market

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Category: Latest Business Alerts

Ethiopian horticulture companies are eying South Korean market, following the launch of direct flights to Seoul by Ethiopian Airlines.

The export market for Ethiopian horticultural produces is confined to Europe and the Middle East, while there is huge demand in other parts of the world. Direct flights between Addis Ababa and Seoul is launched on Monday 17 June 2013.

Last Updated on 14 August 2013
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