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[Dec 2017] Horizon Plantations Plc Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Court Orders Plantations Plc, an affiliate of MIDROC Ethiopia to Pay Half Billion Birr

The High Court ordered Horizon Plantations Plc, an affiliate of MIDROC Ethiopia owned and chaired by Ethio-Saudi tycoon Mohammed Hussien Ali Al-Amoudi (Sheikh), to pay close to half a billion Br, in overdue payments to the Ministry of Public Enterprise.

In the process of acquiring full ownership of four former state-owned enterprises from the Ministry of Public Enterprise,

It took less than half a year for the court to rule on this matter.

The three agro enterprises, Gojeb Agricultural Development, Limu Coffee

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