Dawit Taye

The Ethiopian Bankers Association – a professional association of banks in the country – has reelected Addisu Habba to continue serve as president for...

After a rigorous assessment of different banking professionals, the board of directors of Zemen Bank has finally selected Awash Bank’s vice president, Dereje Zebene, as its president. The board’s selection has got the required green light from the National Bank of Ethiopia (NBE).

Following in the footsteps of BGI Ethiopia, Heineken Ethiopia started distributing its products with an increase on a crate of beer beginning yesterday, it...

Local breweries in Ethiopia are set to introduce price adjustments (increases) to their products starting today, The Reporter has learnt. BGI Ethiopia, the bottler of St. George and other brands, for instance, has already started distributing its products under the adjusted price.

The Ethiopian Railways Corporation signed a grant agreement today with a representative of the Chinese Embassy amounting 1.57 billion birr for the construction of...

After the recent buyout of Raya Brewery by BGI Ethiopia, the latter is mulling over acquiring the shares of Zebidar Brewery, a new entrant...

The Ethio-Djibouti railway transport fare was announced today with the maximum fare covering the longest distance between Lebu, Addis Ababa, and Negad- a destination in the Djibouti-set at 1,341 birr. This was announced at the official launching ceremony of the transport today January 1, 2018.

The Cooperative Bank of Oromia (CBO) signed a deal Yesterday for the construction of a temporary headquarter building worth 390 million birr with Wuyi...

The Ethiopian Reinsurance Company has sustained a loss of 59 million birr in the first year of its entering into the insurance business in Ethiopia.

BGI Ethiopia has offered 2.5 billion birr to fully acquire Raya Brewery, a brewery established five years ago, in which BGI is the majority shareholder.