Dashen Picks KPMG to Go Global

[Addis Fortune] Dashen Bank finally settles with KPMG Advisory Services Limited for the strategy formulation and implementation of the Bank after a 10-month long bidding process. The entire project is likely to cost the Bank 40 million Br.

[Addis Fortune] Dashen Bank finally settles with KPMG Advisory Services Limited for the strategy formulation and implementation of the Bank after a 10-month long bidding process. The entire project is likely to cost the Bank 40 million Br.

source: AllAfrica News: Ethiopia

Ethio Pay to Push Visa Cards Out

[Addis Fortune] Eth Switch S.C, the consortium of private banks, is to implement electronic cards belonging to the same brand- Ethio Pay, in all the banks of the country.

[Addis Fortune] Eth Switch S.C, the consortium of private banks, is to implement electronic cards belonging to the same brand- Ethio Pay, in all the banks of the country.

source: AllAfrica News: Ethiopia

World Forum Awards Meta for Import Substitution

[Addis Fortune] Meta Abo Brewery, a subsidiary of Diageo, gets the Vision for Development Award from World Economic Forum (WEF) for its local raw material sourcing programme. The award ceremony was held in New York, in the US, on September 18, 2017.

[Addis Fortune] Meta Abo Brewery, a subsidiary of Diageo, gets the Vision for Development Award from World Economic Forum (WEF) for its local raw material sourcing programme. The award ceremony was held in New York, in the US, on September 18, 2017.

source: AllAfrica News: Ethiopia

Live, Let Drive

[Addis Fortune] The most depressing Ethiopian TV ad is a mother’s interior monologue. She reminisces about her daughter, the daughter’s bright future and the tragedy that followed. Through the use of acutely unsettling audiovisuals, she recounts her da…

[Addis Fortune] The most depressing Ethiopian TV ad is a mother's interior monologue. She reminisces about her daughter, the daughter's bright future and the tragedy that followed. Through the use of acutely unsettling audiovisuals, she recounts her daughter's death in a car accident.

source: AllAfrica News: Ethiopia

State Flowers Horticulturalists With More Incentives

[Addis Fortune] The investment board, chaired by Prime Minister Hailemariam Dessalegn, lowered the equity contribution of local horticulture investors to 15pc from 25pc, to get a loan from the Development Bank of Ethiopia (DBE).

[Addis Fortune] The investment board, chaired by Prime Minister Hailemariam Dessalegn, lowered the equity contribution of local horticulture investors to 15pc from 25pc, to get a loan from the Development Bank of Ethiopia (DBE).

source: AllAfrica News: Ethiopia

Local Companies Battle It Out to Supply Cement

[Addis Fortune] After winning a significant battle against international competitors, six local cement manufacturers passed the preliminary technical evaluation to supply 7.3 million quintals of cement estimated to worth half a billion Birr.

[Addis Fortune] After winning a significant battle against international competitors, six local cement manufacturers passed the preliminary technical evaluation to supply 7.3 million quintals of cement estimated to worth half a billion Birr.

source: AllAfrica News: Ethiopia

Podium for Expression

[Addis Fortune] Last year’s Irreecha was like no other, and not for the better. The Thanksgiving holiday was marred with a deadly stampede, where over 50 people died, according to government reports. Participants of the fateful day claim that oppositio…

[Addis Fortune] Last year's Irreecha was like no other, and not for the better. The Thanksgiving holiday was marred with a deadly stampede, where over 50 people died, according to government reports. Participants of the fateful day claim that opposition forces ignited the disorder by starting a protest. An infamous video archive was released of the youth that took a microphone away from the Geda leaders, who were on the stage in the middle of a speech, to proclaim his political opinions.

source: AllAfrica News: Ethiopia

Correctional Services On Barberton Offenders Set to Write Matric Examinations

[Govt of SA] As 2017 matric examination looms, offenders at Barberton Management Area are spending sleepless night preparing for their matric examinations. This year 26 offenders will seat for matric examination, 08 from Youth Correctional Centre when …

[Govt of SA] As 2017 matric examination looms, offenders at Barberton Management Area are spending sleepless night preparing for their matric examinations. This year 26 offenders will seat for matric examination, 08 from Youth Correctional Centre when 18 will be coming from Maximum Correctional Centre.

source: AllAfrica News: South Africa

Govt Sees Double Digit Inflation, Again

[Addis Fortune] Double-digit inflation keeps threatening the macroeconomic conditions of the country as the headline inflation rate hit 10.8pc last month, according to the Central Statistical Agency (CSA)- the highest since October 2015.

[Addis Fortune] Double-digit inflation keeps threatening the macroeconomic conditions of the country as the headline inflation rate hit 10.8pc last month, according to the Central Statistical Agency (CSA)- the highest since October 2015.

source: AllAfrica News: Ethiopia

Employees of Ries Protest Against Management

[Addis Fortune] In the midst of product exhibition, the employees at Ries Engineering S.C have expressed dissatisfaction with the management of the company by chanting their slogans at the premise of the Company last Tuesday.

[Addis Fortune] In the midst of product exhibition, the employees at Ries Engineering S.C have expressed dissatisfaction with the management of the company by chanting their slogans at the premise of the Company last Tuesday.

source: AllAfrica News: Ethiopia