New Ride in town


Betret International PLC in cooperation with BYD Auto, a Chinese automobile manufacturer based in Shenzhen, Guangdong Province, has set up a car assembly plant in Adama on 50,000sqm of land,…


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.…


Empty Handed


The Privatisation and Public Enterprises Supervising Agency (PPESA), came out empty handed once again, as four auctioned state enterprises which were thought to bring in lucrative prices, failed to attract…


Here to Stay


Amidst increasing competition from local investors and impending relocation of its headquarters, management from Total seemed intent on stressing that the oil company “is here to stay.” Jonathan Molapo, above,…


Legislature to Reside Anew


The 72 years old building of the Ethiopian Parliament is soon to be replaced by a new building complex. The new Parliament quarters are expected to house its main convention…


Election Fever


The 33 petition signing political parties denounced the response of the National Electorate Board of Ethiopia (NEBE) to their request to discuss the upcoming Addis Abeba and Dire Dawa cities…


Breaking Perception


Messebo Cement Factory introduced its new cement product, Portland Limestone Cement (Plc), to major contractors and architectures in the country on a reception held at Hilton Addis on Thursday December…


Footsteps in the Light


Tsehay Insurance Company, which started operations as the 15th insurer to join the industry, after obtaining a licence from the central bank on March 28, 2012 announced that it incurred…


Construction Buzz


Addis Prefab Houses Manufacturing Industries Plc put a foundation stone for the construction of manufacturing plant that costs 260 million Br on a plot of 50,000sqm land that it gets from in Sendafa Town, 34Km north of the capital, at a cost of nine million Birr, last week.


Sincere deal


Tadesse Haile, minister of Industry (MoI), left, having a small talk with Hans Peter Waibel, middle, commercial director of BEZEMA Dyes & Chemicals Plc at the grand opening of a warehouse on Wednesday December 12, 2012. The Swiss- based chemical manufacturing company has been supplying chemicals for different countries for the last 30 years.


Berhan to Shine


After waiting for 20 months, shareholders of Berhan Insurance Company held their first annual meeting on Saturday, December 15, 2012 at Global Hotel. Maaza Kitaw, (far right), board chairwoman of…


Railway pushes Total


The headquarters of the French based Total Ethiopia Ltd that sprawls on 12,000sqm of land at Beyene Abba Sebsebe Street near the Gotera interchange, seen in the picture above, is…


PACING RECONCILIATION


Acting Foreign Minister Ambassador Berhane Gebrechristos (left) held talks with Sudanese Foreign Minister Ali Ahmed Karti (right) on bilateral issues on October 23, 2012 at the Ministry of Foreign Affairs (MoFA) located on Menelik II Avenue. The two sides discussed ways to further boost the warm bilateral relations between the two countries. In particular they proposed ways to strengthen the bilateral cooperation in trade, knowledge-transfer and experience sharing.


CHAMBER TO OWN HS DATABASE


The Ethiopian Chamber of Commerce & Sectoral Association (ECCSA) is to negotiate with World Customs Organization (WCO) to buy a Harmonized System Database that will classify products for taxation purpose.…




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