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Ambo Mineral Water fully privatized

Ambo Mineral Water fully privatized

The government has transferred 33pc of its remaining shares in Ambo Mineral Water to Ambo International Holding Ltd for 19.7 million dollars. The deal was made between the company and the Ministry of Public Enterprises (MoPE) on December 15 at…

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Bole International Airport Expansion Project reaches 40%

Bole International Airport Expansion Project reaches 40%

The Addis Ababa Bole International Airport passenger terminal expansion project is 40 percent completed.

The Ethiopian Airports Enterprise (EAE) launched the expansion project in January 2015. The project includes the expansion of Terminal 1 and 2 and the construction of…

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Investors Ink Acquires Artistic Printing Press

A joint venture of two local companies has finally inked a deal with the Ministry of Public Enterprise (MoPE) for the total acquisition of the Artistic Printing Enterprise at a total cost of 329 million Br. The share company of Feleke…

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Various businesses attacked by protesters in Oromia

Various businesses attacked by protesters in Oromia

Simbo Beach Resort Langano, formerly Bekele Molla Langano, is the latest property to face the wrath of angry protesters, mainly composed of youth, who wreaked havoc in Oromia Regional State last week, attacking, looting and setting fire to public and…

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Meter Taxis to Start Operation in Addis

Meter Taxis to Start Operation in Addis

Addis Abeba welcomed 836 meter taxis today at an inauguration ceremony held at Mesqel Square.

26 share companies, organized from taxi owners associations, had the permit to import 1,163 cars duty free and will start the service next week with…

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