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New year count down

President Mulatu Teshome (PhD) officially launched the New Year countdown celebration Thursday at Sheraton Addis. The celebration has the theme, “Era of Rising” and started Thursday and will go on until The New Year’s Eve, September 10, 2017.

ECX boss resigns

Ermias Eshetu, the CEO of the Ethiopian Commodity Exchange (ECX), has tendered his resignation letter to the board of directors of the trading enterprise.

Continental Bank disburses USD 60 mln to Ethiopian firms

By Birhanu Fikade, Mahe Islands, Seychelles

Trade and Development Bank (TDB) of Eastern and Southern Africa has confirmed that it has disbursed an amount close to USD 60 million for companies that have submitted projects on hotel development, steel manufacturing and the like in addition to financing for the Ethiopian Airlines Group, the fastest growing airline in the continent.

ERCA issues deadline for unclaimed cargo

The Ethiopian Revenues and Customs Authority (ERCA) issued a 10-day deadline on Monday for importers, who have unclaimed cargoes at the three dry port facilities, to settle all outstanding fees with the authority and claim their properties.

Negeri: No penny for upcoming celebrations

Despite a number of social media campaigns over the recent announcement by the Ethiopian government to hold a 10-day celebration and speculation over monetary outlays that it would potentially entail, Negeri Lencho, head of government communications affairs office, told The Reporter today that neither his office nor any other government agency would spend any money to celebrate the events.