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Business
Ethiopian Business Forum seeks to attract Qatari FDI, says envoy
Addis Ababa, January 28, 2020 (FBC) -The Ethiopian Embassy in Qatar will be holding the ‘Ethiopian Business Forum’ (EBF 2020) on February 3 at the Millennium Hotel in Doha.
Ambassador of…
Ethiopian coffee promotion conference opens in Israel
Addis Ababa, January 27, 2020 (FBC) -The Ethiopian Embassy in Israel opened a coffee promotion event in Tel Aviv yesterday, 2020.
Coffee producers, traders and exhibitors from Ethiopia…
Wereta dry port to go operational next week
Addis Ababa, January 25, 2020 (FBC) -The Ethiopian Shipping and Logistics Service Enterprise (ESLSE) said that Wereta dry port will go operational next week.
Ewnetu Taye, ESLSE Logistics…
Ethiopia, Kuwait discuss draft MoU on labour employment
Addis Ababa, January 23, 2020 (FBC) – Ethiopian and Kuwait held discussion on the draft memorandum of understanding (MoU) on the employment of domestic workers.
In the discussion held…
Africab Group keen to invest in Ethiopia
Addis Ababa, January 22, 2020 (FBC) –Heads of Africab Group, Indian manufacturer of wide range of electrical products in Africa, expressed their interest to invest in Ethiopia.
The head…
CBE collects 31.8bn birr in six months
Addis Ababa, January 22, 2020 (FBC) –The Commercial Bank of Ethiopia (CBE) announced a 31.8 billion birr in revenue in the first half of this Ethiopian fiscal year (2019/20).
This was…
Excise tax imposed on new cars with engines below 1, 300cc reduced to 5%
Addis Ababa, January 17, 2020 (FBC) –The Ministry of Finance announced today revisions made on the new draft excise tax law.
The Ministry said the excise taxes levied on new cars with…
Ethio telecom obtains over 22 bn birr in revenue in six months
Addis Ababa, January 15, 2020 (FBC) -Ethio telecom announced a revenue of 22.04 billion birr in revenue in the first half of this Ethiopian fiscal year, achieving 104% of the target.
The…
Commercial Bank of Ethiopia inaugurates branch in Djibouti
Addis Ababa, January 13, 2020 (FBC) – The Commercial Bank of Ethiopia (CBE) inaugurated yesterday its branch in Djibouti.
President of Djibouti, Ismail Omar Guelleh, Ambassador of…
Ethiopia quits new sports betting licences
Addis Ababa, January 13, 2020 (FBC) –The National Lottery Administration of Ethiopia has suspended issuing new licences for sports betting companies.
The administration told FBC today…