DigEthiopia - Stories tagged with business

business

Nile International Loses 12.5 Million Br Case in Absentia
published 19 days, 4 hours, 16 minutes ago posted by adminadmin 19 days, 4 hours, 45 minutes ago
Sunday, August 15, 2010 7:48:39 PM GMT Sunday, August 15, 2010 7:19:58 PM GMT
The Federal High Court's Eighth Civil Bench found Nile International Plc liable in absentia for 12.5 million Br with interest to be paid to Nile Business Group Plc on July 20, 2010, for failing to pay a promissory note of the same value to the latter. Nile International handed a promissory note of 12.5 million Br to Nile Business Group on May 8, 2009. The note, which was prepared in order to settle a previous loan received in kind from Nile Business Group, was due to be paid on June 7, 2010. (more)
Digg It category: Business | comment | | source: allafrica.com tags: Bank, business, ethiopia

Ethiopia: Addis, Adama Problem Prone Tax Zones - Tax Authority
published 23 days, 17 hours, 18 minutes ago posted by adminadmin 23 days, 17 hours, 19 minutes ago
Wednesday, August 11, 2010 6:46:37 AM GMT Wednesday, August 11, 2010 6:45:18 AM GMT
Melaku Fenta, director general of the ERCA, at the high-level tax payers' meeting answers the questions from the people gathered. Sitting on his right are Tewodros Tefera (centre), deputy director of operations of the ERCA, and Shewarega Tsegaye, office manager for the high-level taxpayers' branch. The city's business... (more)
Digg It category: Business | comment | | source: allafrica.com tags: adama, Addis Ababa, business, economy

Farmers in Kansas seek to expand test plots of Ethiopian grain into marketable fields of teff
published 32 days, 18 hours, 22 minutes ago posted by adminadmin 32 days, 18 hours, 34 minutes ago
Monday, August 02, 2010 5:42:56 AM GMT Monday, August 02, 2010 5:30:56 AM GMT
Teff is gluten free and known for its flood and drought resistance. This year 150 acres was planted in Kansas, down from the 250 acres projected due to untimely rains. (Injera) By Roxana Hegeman WICHITA, Kan. (AP) – When black farmers in Kansas first began growing an Ethiopian cereal grain known as teff five years ago, they were [...] (more)
Digg It category: Business | comment | | source: www.tadias.com tags: business, Diaspora, injera, Teff

Sheik Al Amoudi to get $564 Million at new Oromia gold mine
published 35 days, 20 hours, 5 minutes ago posted by adminadmin 35 days, 20 hours, 8 minutes ago
Friday, July 30, 2010 3:59:28 AM GMT Friday, July 30, 2010 3:56:16 AM GMT
Sheik Mohammed Hussein Ali Al-Amoudi’s Midroc Gold, the only corporate level gold mine in the nation, has sold the total amount of gold it had planned for its annual export. However, it benefited from the global price situation; it actually earned most of the 281.3 million dollars. (more)
Digg It category: Business | comment | | source: jimmatimes.com tags: Al Amoudi, business, gold, Midroc

Habesha Looking to Buy State Brewery
published 35 days, 20 hours, 5 minutes ago posted by adminadmin 35 days, 20 hours, 11 minutes ago
Friday, July 30, 2010 3:59:28 AM GMT Friday, July 30, 2010 3:53:37 AM GMT
The newly formed Habesha Breweries SC is to make an offer for one of the three state owned breweries, Meta Abo, Harar, or Bedele, that are to be put up for auction this year by the Privatisation and Public Enterprises Supervising Agency (PPESA). The three beer companies were initially slotted to be sold in 2013/... (more)
Digg It category: Business | comment | | source: allafrica.com tags: business, ethiopia

allAfrica.com: Ethiopia: Former CEO Proposes Provision of Wind Turbines
published 35 days, 20 hours, 5 minutes ago posted by adminadmin 35 days, 20 hours, 14 minutes ago
Friday, July 30, 2010 3:59:28 AM GMT Friday, July 30, 2010 3:50:39 AM GMT
Aetopic Energy Plc, the company cofounded by Ahmed Kello (PhD), former CEO of Ethiopian Airlines, proposed to the Ethiopian Electric Power Corporation (EEPCo) early in June to provide wind turbine parts for the Aysha Wind Park Project in Dire Dawa. (more)
Digg It category: Business | comment | | source: allafrica.com tags: business, EEPCO, Electric Power, ethiopia

Photo Journal: 5th Ethiopian Diaspora Business Forum and Exhibition in DC
published 53 days, 16 hours, 39 minutes ago posted by adminadmin 53 days, 16 hours, 40 minutes ago
Monday, July 12, 2010 7:25:14 AM GMT Monday, July 12, 2010 7:24:29 AM GMT
Tadias caught part of the 5th Annual Ethiopian American Business Forum & Exhibition in D.C. (more)
Digg It category: Business | comment | | source: www.tadias.com tags: business, Diaspora, ethiopia

Ethiopia/TPLF Cracks Down on Non-Governmental Organizations
published 53 days, 16 hours, 39 minutes ago posted by adminadmin 53 days, 16 hours, 46 minutes ago
Monday, July 12, 2010 7:25:14 AM GMT Monday, July 12, 2010 7:18:26 AM GMT
By Ganiyat Adeyemo African Interest Online The number of nongovernmental organizations (NGOs) in Ethiopia has dropped by more than 50 per cent in the past year as a result of a new law that cracks down on civil society. An … (more)
Digg It category: Business | comment | | source: ecadforum.com tags: business, eprdf, ethiopia

የቱርክ ኩባንያ ለገጣፎ ውስጥ የ20 ቢሊዮን ዶላር የኢንዱስትሪ ዞን ይገነባል
published 80 days, 17 hours, 12 minutes ago posted by adminadmin 80 days, 17 hours, 13 minutes ago
Tuesday, June 15, 2010 6:52:04 AM GMT Tuesday, June 15, 2010 6:51:04 AM GMT
1400 ሔክታር መሬት በአነስተኛ ዋጋ ይሰጠዋል እስከ 20 ቢሊዮን ዶላር የሚሆን ወጪ የሚጠይቁ ኢንዱስትሪዎች ይገነቡበታል የተባለውና በኢትዮጵያ ትልቁን በኢንዱስትሪ መንደር ለማቋቋም የሚያስችል ስምምነት፣ በኢትዮጵያ መንግሥትና አክጉን በተባለ የቱርክ ኮንስትራክሽን ኩባንያ መካከል  ተፈረመ፡፡ የኢንዱስትሪ ዞኑን ለማቋቋም አራት ቢሊዮን ዶላር ወጪ ይጠይቃል፡፡ (more)
Digg It category: Business | comment | | source: www.ethiopianreporter.com tags: business, ethiopia, Ethiopia Industry

Turkish textile factory opens
published 121 days, 18 hours, 35 minutes ago posted by adminadmin 121 days, 18 hours, 39 minutes ago
Wednesday, May 05, 2010 5:29:18 AM GMT Wednesday, May 05, 2010 5:25:26 AM GMT
The giant textile factory, established with an investment of over 100 million dollars, was inaugurated on Friday, April 30. Ministers and government officials attended the event in Alem Gena, which is around 20 kilometres west of Addis Ababa. Pictured here are, from left to right, Yusuf Aydeniz, Chairman of AYKA textile; Prime Minister Meles Zenawi; and Girma Birru, Minister of Trade and Industry. The Turkish Prime Minister Recep Tayyip Erdogan was expected, but failed to attend. The factory is expected ... (more)
Digg It category: Business | comment | | source: www.capitalethiopia.com tags: business, ethiopia, Investment

$12 Cup Ethiopian Coffee Raising Eyebrows
published 121 days, 18 hours, 35 minutes ago posted by adminadmin 121 days, 18 hours, 42 minutes ago
Wednesday, May 05, 2010 5:29:18 AM GMT Wednesday, May 05, 2010 5:22:08 AM GMT
Café Grumpy, a local coffee shop chain here in New York, is raising eyebrows with its new menu item - an expensive cup of joe from Ethiopia. (more)
Digg It category: Business | comment | | source: www.tadias.com tags: business, Coffee

ኢትዮጵያ ውስጥ አውቶቡስ ሊሠራ ነው
published 124 days, 9 minutes ago posted by adminadmin 124 days, 11 minutes ago
Sunday, May 02, 2010 11:55:37 PM GMT Sunday, May 02, 2010 11:53:21 PM GMT
በኢትዮጵያ የመጀመሪያው የቤት መኪና በመገጣጠም የሚታወቀውና ”ሆላንድ ካር” የተሰኘው ኃ.የተ.ኩባንያ፤ ሁለት አይነት የህዝብ ማመላለሻ አውቶቡሶችን ኢትዮጵያ ውስጥ መሥራት ሊጀምር መሆኑን አስታወቀ። አንደኛው 130 ሰዎች የሚጭን ሲሆን፤ ሁለተኛው ደግሞ ባለአንድ ፎቅና 240 ሰዎችን የሚጭን መሆኑን አስታውቋል። (more)
Digg It category: Business | comment | | source: www.ethiopiazare.com tags: business, ethiopia

ሌተና ጄነራል ፃድቃንና አቶ ኢየሱስ ወርቅ ራያ ቢራ አክሲዮንን እያደራጁ ነው
published 124 days, 9 minutes ago posted by adminadmin 124 days, 17 minutes ago
Sunday, May 02, 2010 11:55:37 PM GMT Sunday, May 02, 2010 11:47:36 PM GMT
የቀድሞው የመከላከያ ሚኒስቴር ጠቅላይ ኤታማዦር ሹም፣ ሌተና ጄኔራል ፃድቃን ገብረ ትንሣኤና የኢትዮጵያ ንግድና ዘርፍ ማኅበራት ም/ቤት ፕሬዚዳንት አቶ ኢየሱስ ወርቅ ዛፉ በዋና አደራጅነት የሚመሩት ራያ ቢራ አክሲዮን ኩባንያ የአክሲዮን ሽያጭ ሊጀምር መሆኑን አስታወቀ፡፡ (more)
Digg It category: Business | comment | | source: www.ethiopianreporter.com tags: business, eprdf

MARKET NEVER LIES!
published 144 days, 19 hours, 34 minutes ago posted by adminadmin 144 days, 19 hours, 36 minutes ago
Monday, April 12, 2010 4:30:07 AM GMT Monday, April 12, 2010 4:28:46 AM GMT
The hurly-burly of the Shola market in the Yeka District makes it one of the most entrancing market areas in the metropolis, especially with the arrival of the holiday season. People can find their holiday necessities which range from bulls to goats, sheep, chicken, eggs, onions and butter. One can check off almost all of the items on the holiday shopping list at this one stop, open air marketplace. The Shola Market is particularly well-known for its numerous flocks of sheep. It is where most Addis Abeba... (more)
Digg It category: Economy | comment | | source: www.addisfortune.com tags: business, economy, ethiopia market

Electric Car Maker sees Transportation ‘Revolution’ in Ethiopia
published 147 days, 18 hours, 57 minutes ago posted by adminadmin 147 days, 19 hours, 4 minutes ago
Friday, April 09, 2010 5:07:54 AM GMT Friday, April 09, 2010 5:00:51 AM GMT
An Italian-Chinese business venture is opening a factory in Ethiopia to produce a practical and affordable electric car. (more)
Digg It category: Business | comment | | source: www.tadias.com tags: business, ethiopia

Ethiopia launches electric car despite power shortages
published 153 days, 20 hours, 37 minutes ago posted by adminadmin 153 days, 20 hours, 49 minutes ago
Saturday, April 03, 2010 3:27:05 AM GMT Saturday, April 03, 2010 3:15:08 AM GMT
Ethiopia has launched an electric car, despite suffering from power shortages. It is only the second African country to do so, after South Africa. (more)
Digg It category: Business | comment | | source: news.bbc.co.uk tags: business, Electric Power, ethiopia

Lion International Bank Appoints New President
published 163 days, 18 hours, 19 minutes ago posted by adminadmin 163 days, 18 hours, 28 minutes ago
Wednesday, March 24, 2010 5:45:07 AM GMT Wednesday, March 24, 2010 5:36:24 AM GMT
Lion International Bank (LIB) appointed Daniel G. Egziabher, marketing, planning and research department director, to be the acting president on Monday, March 15, 2010, the same day it accepted the resignation of its president Meressa G. Mariam. Daniel has also become the bank's vice-president for finance, human r... (more)
Digg It category: Business | comment | | source: allafrica.com tags: Addis Ababa, Bank, business

Chicago IT Company to Commence Call Centre in City
published 167 days, 19 hours, 36 minutes ago posted by adminadmin 167 days, 19 hours, 38 minutes ago
Saturday, March 20, 2010 4:28:24 AM GMT Saturday, March 20, 2010 4:26:39 AM GMT
Offshoring 2.0 Technology Services Plc, a local representative of eVentive LLC, a Chicago based consulting and outsourcing firm, is to launch a call centre in Addis Abeba after three weeks, an investment which required seven million dollars, a source disclosed anonymously. (more)
Digg It category: Business | comment | | source: www.addisfortune.com tags: Addis Ababa, business, Ethiopian news

Ethiopia’s February inflation rises to 8.1 pct
published 167 days, 19 hours, 36 minutes ago posted by adminadmin 167 days, 19 hours, 50 minutes ago
Saturday, March 20, 2010 4:28:24 AM GMT Saturday, March 20, 2010 4:14:34 AM GMT
ADDIS ABABA – Ethiopia’s year-on-year inflation rate rose to 8.1 percent in February from 7.6 percent in January due to higher food, fuel and construction material prices, its statistics office said on Wednesday. Inflation in the Horn of Africa nation surged to 64.2 percent in July 2008, driven by record high food and fuel prices, before [...] (more)
Digg It category: Economy | comment | | source: ecadforum.com tags: Bank, business, CBE, economy, Ethiopia news, Ethiopian news

Plots in Lideta District to be Allotted to Five Companies
published 170 days, 19 hours, 30 minutes ago posted by adminadmin 170 days, 19 hours, 31 minutes ago
Wednesday, March 17, 2010 4:34:21 AM GMT Wednesday, March 17, 2010 4:33:05 AM GMT
The area in front of Balcha Hospital has been demolished as part of the Local Development Plan (LDP) of the Lideta District. Lideta District starts, this week, to give out land to investors in the recently demolished neighbourhood of Kebele 07/14 along Chad Street in front Lideta Church; five plots will be given in th...by Eden Sahle (more)
Digg It category: Business | comment | | source: allafrica.com tags: Addis Ababa, business, Ethiopian news
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