A long-standing operator in the water bottling industry, SBG Industry Plc., bottlers of 'Arki' water,has faced operational difficulties recently. A dispute with Sheger City Administration officials, leading to a two-week suspension of operations. The...
Mar 9 , 2025
The producer of ‘Arki' water, SBG Industry Plc has been forced to suspend operations for two weeks after a dispute with Sheger City Administration officials. The company was abruptly served with a d...
The widening gap in foreign exchange rates among commercial banks fuelled tension in the forex market last week, as banks maneuvered to attract hard currency on the most favorable terms. Private banks...
Mar 9 , 2025
Lion International Bank's comeback after a difficult stretch during the civil war in the northern part of the country, was remarkable, posting a net profit rise of 61pc from the previous year. Its ear...
Mar 9 , 2025
Kegna Beverages S.C. is making a 250 million dollar investment in the beer market, aspiring to emerg...
Mar 9 , 2025
A bill mandating an international financial reporting standard has intensified the frantic hunt for...
Mar 9 , 2025
Brook Taye (PhD), CEO of Ethiopian Investment Holdings, has announced the appointment of Abel Tadess...
A long-standing operator in the water bottling industry, SBG Industry Plc., bottlers of 'Arki' water,has faced operational difficulties recently. A dispute with Sheger City Administration officials, leading to a two-week suspension of operations. The...
Mar 9 , 2025
Five years ago, 11 non-governmental organisations (NGOs), together with 40 allies across Africa, demanded a five-year moratorium on Ethiopia's use of genetically modified organisms (GMOs). They wanted clear regulations and “proper” public consult...
Mar 9 , 2025
Charged with transforming colossal state-owned enterprises into modern and competitive powerhouses, the sovereign wealth manager, Ethiopian Investment Holdings (EIH), is at a defining moment. At the helm is Brook Taye (PhD), its third CEO since its founding in 2020, whose vision departs from convent...
Dec 22 , 2024
The number of taxpayers the Addis Abeba City Administration Revenue Bureau barred from traveling abroad, alleging they collectively owe it 3.2 billion Br in unpaid taxes. Officials invoked a 2016 law, under tax administration proclamation 983, which authorizes the Bureau to request immigration authorities to prevent citizens with outstanding tax obligations from leaving the country.
Mar 10 , 2025
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...
Oct 3 , 2020
State Minister for Finance, Eyob Tekalign (PhD), said in his interview with The Reporter monthly English, that subsidies should focus on critical areas, lest they squander taxpayers' money.
When I was savouring my favourite dish at the China Bar and Restaurant, Assorted Noodles and Beef Sizzling, I did not realize it would be my last meal in a place I had frequented for close t...
Mar 9 , 2025
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