Ethiopia: Berhan Got a New President
Berhan International Bank (BIB) got Abreham Alero as its new President after securing the approval of National Bank of Ethiopia (NBE).
Ethiopia: Berhan Insurance Reported 2.18 million birr Net Annual Profit
Berhan Insurance S.C has reported a net annual profit of 2.18 million birr.
The Company has earned an underwriting surplus of 10.58 million birr, an increase of 301 percent when compared to a year earlier. It also earned 1.81 million Br in investment income – an increase of 308 percent.
Ethiopia: Berhanena Selam to Print Cheques
As of the coming year, Berhanena Selam Printing Enterprise (BSPE) will be printing cheques as of the making year, making it the first of its kind in Ethiopia and twelfth from Africa. In addition to this, the enterprise will start printing passports as well as cheque personalization.
Ethiopia: Berwaqo to Export Camel Milk
Berwaqo Milk Processing Plc, a one month old company, is preparing to export camel milk and its byproducts to other East African nations.
Ethiopia: BGI Buys Unibra’s Shares in Zebider
Castel Group, owner of 99.9 percent shares in BGI Ethiopia PLC, in its latest move has acquired the shares of Unibra S.A. in Zebidar Brewer S.C. However, the share transfer has to wait for COMESA’s blessing to go through.
