The Ethiopian Fruit and Vegetable Marketing Enterprise and Merchandise Wholesale and Import Trade Enterprise have announced an upcoming merger. It is expected that a merger between the two enterprises will result in expanding their services.
The merger between the two state-owned enterprises will create a large retail corporation as per decisions that followed a visit to India by high level representatives of the Ethiopian government two months ago.
The stay on new mining licenses put into effect in Ethiopia last month is only temporary said Sinkenesh Ejigu Minister of Mines. Ethiopia had issued more than a 100 mining licenses before the suspension last month.
There were an estimated 200 applications for new licenses waiting to be processed when Ethiopia enacted the suspension to gain time to sort out issues with the mining sector.
The capacity of Ethiopian reinforcement steel bar manufacturing companies is at 61% according to the Metal Industry Development Institute of Ethiopia.
The companies were able to increase their capacity from 41% according to Fite Bekele, Director of the Institute Corporate Communication Directorate.
The Institute expects to raise the production capacity of the companies to 95% by the end of the GTP plan said Fite. The companies are receiving a range of support with this plan in mind he said.
Ethiopian Airlines is pleased to announce that its strategic partner for the southern Africa region, Malawian Airlines, has launched its first international flight to Johannesburg on 17 February 2014.
Ethiopian students won third prize in the 7th Huawei ICT Competition Global Final, which took place in Shenzhen, China, from May 24 to May 28, 2023.
