Zemen Insurance Company Latest Ethiopian News

Ads

Best Insurance Companies in Ethiopia for 2022/2021 Budget Year

Top Insurance Companies in Ethiopia Ranking for 2022/2021 G.C (2014 E.C) Budget Year in terms of Assets, Gross premiums, Capital, Profit before and after tax and Earning per share (EPS). Compare Ethiopian Insurance Companies Annual Financial Performance Report for 2022/2021 G.C (2014 E.C) fiscal year.

Read More

Annual Financial Performance of Ethiopian Insurance Companies for 2021/2020 G.C (2013 E.C) budget year

Private Insurance companies in Ethiopia have reported their gross and net profits, earning per share and other key financial performance indicators for the 2021 / 2020 G.C (2013 E.C) budget year which ended on June 2021 G.C (ሰኔ 2013). We have compiled the insurance companies’ Assets, paid up capital, Gross Premiums, Gross Profit, Net Profit and EPS from their annual financial report for the stated year below.

Read More

Zemen Insurance Earns 18.3 million birr profit in it’s first year of operation (2020/2019 budget year)

Zemen Insurance Company, the latest company to enter the Ethiopian insurance sector has reported that it earned a profit of 18.3 million birr. In it’s 6 months of operation, the company only managed to collect an income of 161,840 birr while it’s profit was 18.3 million birr. Out of the 161,840 birr the company collected, 138,518 was for motor insurance while 23,322 is for marine insurance related activities. 

Read More

Zemen Insurance, in the last stages of joining the insurance industry

The 18th insurance firm, Zemen, is in the last stage of joining the insurance industry, only waiting for final approval from the National Bank of Ethiopia.

Zemen has finalised the formation process by 926 shareholders, who raised 81.5 million Br in paid-up capital from the subscribed capital of 114.6 million Br.

Read More
Loading

Engocha App Ad 2

Ads

Products and Services in Ethiopia

Date: Nov 23, 2022
Currency (Code) Buying Rate Selling Rate
US DollarUS Dollar(USD)53.000054.0600
EuroEuro(EUR)54.473455.5629
Pound SterlingPound Sterling(GBP)60.009161.2093
UAE DirhamUAE Dirham(AED)13.058413.3196
Saudi RiyalSaudi Riyal(SAR)12.761813.0170
Browse More Currencies

ICE/ITA Ad

Companies and Businesses in Ethiopia

Ads