The State owned Enterprises (SoEs) have generated some 300 billion birr in revenues, 38 billion birr short from the targeted revenues while securing 55.66 billion birr in profits which as well short of the 70 billion birr in profit before taxes, set for the concluded Fiscal Year.
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For the current Ethiopian Fiscal Year, Ethio Telecom has made a bold and ambitious plan that seeks to surge its revenue by 25 percent from last year’s 36.3-billion-birr revenue, beefing it up to 45 billion birr, this year.
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The state-owned monopoly, Ethio Telecom, on Wednesday, announced it has collected over 18.4...
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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 57.4895 | 58.6393 |
 Euro(EUR) | 62.3359 | 63.5826 |
 Pound Sterling(GBP) | 70.6759 | 72.0894 |
 UAE Dirham(AED) | 14.1646 | 14.4479 |
 Saudi Riyal(SAR) | 13.8682 | 14.1456 |
