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[Mar 2017] Shoa Dabo Latest Ethiopian News - AddisBiz.Com | Ethiopian Business Guide

Federal Court Reverses Shoa Bakery Share Sales Due to Divorce Dispute

shoa daboThe Federal High Court has annulled the transfer of 1,358,300 shares of Shoa Bread & Flour Factory Plc on October 28, 2014, after one of the shareholders’ spouses lodged a complaint against the sale of shares.

Established over 60 years ago, by Zemuy Teklu, Shoa Bakery has become a household name in Addis Abeba. Now owned by Zemuy’s five children, it is a closed family private


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