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Road traffic accident drops by 10 percent
Following the nation-wide road safety awareness campaign launched by the Ministry of Transport (MoT) number of deaths caused by road accident in Ethiopia is reported to have dropped by 10.09 percent, although the overall problem is still at a crisis level, The Reporter learnt.
Local investors to build industrial park in Hawassa
Awassa Textile and Industrial Park S.C, a local company established by three Ethiopian investors, is going to build a privately-owned industry park in Hawassa town at a cost of two billion birr, The Reporter has learnt.
Bracing for competition
The national telecom company, Ethio Telecom, has projected to generate a total revenue of 55.5 billion birr in the 2020-2021 budget year.
Civil Aviation Authority starts issuing drone import license
The Ethiopian Civil Aviation Authority (ECAA) is set to start issuing drone (Unmanned Air Vehicle) import and operation licenses.
Ethiopia to restart tourism
Ethiopia is making the necessary preconditions to reactivate the tourism sector which is hard hit by the COVID-19 pandemic.
Haile poised to build a 1 bln birr resort in Gorgora
Haile Hotels and Resorts, the hotel chain owned by the athletics legend, Haile Gebreselassie, disclosed its plan to develop a world class resort in the lakeshore of Tana, Gorgora locality at a cost of more than one billion birr, it was learnt.
Chinese first lady donates medical supplies to Ethiopia
Chinese first lady, Peng Liyuan (Prof.), has sent medical donations to Ethiopia that would help the country’s effort to curb the spread of the COVID-19 pandemic.
Communication authority to float bid by September
The Ethiopian Communication Authority (ECA) is under preparation to float an international tender that would enable it to select two international telecom firms which will operate in Ethiopia by September.
Ethio Telecom amasses 47.7 bln birr revenue
The national telecom company, Ethio Telecom, has generated 47.7 billion birr revenue in the 2019-2020 fiscal year that ended June30, 2020.
African airlines to lose USD two bln
The International Air Transport Association (IATA) on Wednesday announced that as a consequence of the COVID-19 pandemic and associated restrictions, African airlines are forecast to lose USD two billion in 2020.
