Countdown


The countdown towards the first bottle of Habesha Beer to hit the markets in the third week of April 2014 was kick-started on January 17, 2013 at the Sheraton Hotel. The Brewery will be the sixth to enter the Ethiopian market. Habesha which started selling shares in 2010 managed to get 250 million Br in authorised capital after selling 35pc of the 250,000 shares it floated to the Dutch brewer Bavaria NV.

It will get handed the keys to its Greenfield brewery located in Debre Birhan Town 130Km north of Addis Abeba, which has an annual capacity of 500,000 hectoliters, four months from now. The turnkey project for the brewery construction on 7.5ha of land was handed to the Chinese company Lehui Machineries, for 510.7 million Br in September 2011. “Once the initial production starts further investments will be made here because the country is extremely profitable-even more than expected” Hans van der Veen (right), board of director atBavariatold Fortune. He was chairing the press conference alongside Yonas Alemu,(left), marketing head at Habesha Brewery.



SHARE :
               



Farewell HD...


The official farewell of Former Prime Minister Hailemariam Desalegn at the Jubilee Palace was held on April 24, 2018. In attendance were members of...

Ambo Welcomes the New Pri...


On Wednesday, April 11 the new Prime Minister, Abiy Ahmed (PhD) addressed residents in Ambo, Western Shoa zone of Oromia. He addressed the publi...

Parliament Sworn-in Abiy...


Parliament sworn-in Abiy Ahmed (PhD) as Ethiopia's fourth Prime Minister since 1995, today April 2, 2018. Abiy addressed the nation, declarin...


Victory of Adwa...


The 122nd anniversary of the Battle of Adwa, fought on March 1, 1896, in the town of Adwa, located in northern Ethiopia, celebrates the Ethiopian Empi...

NEW VIEW ON THE BLOCK...


A new resort on the shores of Lake Langano, 200Km south of Addis Abeba, is scheduled to start service beginning September 2017. Under construction by...

Complete List of Hailemar...


The highly anticipated reform and reshuffle was presented by Hailemariam Desalegn, was endorsed by unanimous vote. The new composition maintains a thi...


Destruction, Lo...


A wave of attacks, at various levels of intensity, kicked off on Monday across many parts of the Oromia Regional State. This came after a large number...

Anbessa Shoes Undertaking...


Bamlaku Demissie (left), general manager of Anbessa Shoe S.C., and Courtney Abrams (right), materials management coordinator for Calvin Klein Footwear...

"GOV'T MONOLOGUE TASTELES...


Part of a national discourse, the meeting between the academicians, government and univeristy officials have served as a platform to discuss on curren...


THE COST OF NEW...


Multiple factors from climate change induced El-Nino drought and La-Nina heavy rains have at different spots affected supply chain – cattle from the...

Complete List of Hailemar...


Prime Minister Hailemariam Desalegn today formed his new administration after parliament approved his nomination after parliament approved his nominat...

In Picture: The Obama Mom...


Hosting United States President Barack Obama, left, as the first sitting president to visit Ethiopia was a thrilling experience for the administration...


Lentil Farmers...


This year has not been a positive one for farmers such as Shimeles Tefera, who also owns a shop in the town of Bekea, 40 Km east of Addis Abeba. This...

EDP, 5th Party to Reject...


The Ethiopian Democratic Party (EDP) announced that it will not accept the results of the recently held election. This makes it the fifth party to rej...

Vehicle Licence Renewal F...


A new regulation approved by the Council of Ministers will see vehicle licence renewal fees collected across the country starting from the 2015/16 fis...


NEBE Says No Co...


The National Electoral Board of Ethiopia (NEBE) has announced that no opposition political parties have presented complaints to it, even though a numb...

Sheraton Addis Mourns Los...


Jean-Pierre V. Manigoff, the general manager of Sheraton Addis passed away on June 5, 2015. Manigoff had been under a doctor’s care for the last...

BoA Awards Deloitte Consu...


Bank of Abyssinia (BoA) has awarded Deloitte Consultancy a contract for the study and design of its management strategy. Deloitte, selected from fo...





//