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Fiche Chamballala, New Year of the Sidama people of Ethiopia, has been registered as UNESCO’s Intangible World Heritage, Fana Broadcasting Corporate reported.

United Insurance S.C has selected Ethiopian construction company, Zamra Construction PLC for a 140 million birr contract for the structural construction of its new headquarters building in Addis Ababa, Ethiopia. The agreement was signed on Monday, April 1, 2013.

The Building, with 12 storey and three basement floors was designed by Geretta Architects and Engineering , two years ago. United Insurance, which reported a 36.2 million birr profit after taxes, is fully financing the construction project.

The England based consumer products manufacturer, Unilever, has opened its factory in Ethiopia. The factory is said to be located in Easter Industry Zone, Dukem.

Unilever Ethiopia inaugurated a toothpaste factor in the Eastern Industry Park in Dukem, 31 km southeast of Addis Ababa. The toothpaste factory will produce the Unilever brand Signal toothpaste.

Unilever (UNA), the world’s second-biggest consumer-products manufacturer, plans to open a manufacturing plant in Ethiopia during the next year, Bloomberg reported citing a company official.