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Moroccan businesses come in full force

Almost three-fold in number from last year’s delegation that visited Ethiopia, 90 Moroccan businesses have arrived in Addis Ababa this week to take part in the 3rd Ethio-Moroccan Business Forum where companies such as OCP and Tanger Med Group have expressed possibilities of investing in the sugar, livestock feeds and industrial park development projects in Ethiopia.

Another milestone for Ethiopian

A new state-of-the-art Boeing B787-9 Dreamliner jetliner, which will be owned and operated by Ethiopian Airlines, landed at the Addis Ababa Bole International Airport yesterday.

No supplementary budget this FY

Abraham Tekeste (PhD), minister of Finance and Economic Cooperation, explicitly told university presidents that there will be no supplementary budget for the current fiscal year.

He demanded all public universities to strictly apply the program budgeting systems. Universities were also ordered to submit the financial reports of the last budget year.

Addis to host Shape Africa 2017

Addis Ababa is set to host the latest edition of Shape Africa 2017 this week. “We are looking forward to a sleepless week with Addis Shapers and 100 plus shapers across the continent,” Hellen Kassa, a Global Shaper with Addis Shapers said.

No end in sight in merger courtroom saga

Following months of legal proceedings between the Consumer Protection Authority vis-a-vis two defendants (Ambo Mineral Water PLC and the East African Bottling Company) over their illegal merger bid, the Trade Competition and Consumer Protection Appellant Tribunal Wednesday ordered the case processor of the case to come up with concrete pieces of evidence.

Three shortlisted for cement supply

Three local companies have made it to the next stage in the bid to supply a billion birr worth of cement for public housing projects, according to the Addis Ababa Public Procurement and Property Disposal Agency.