Sheger Taxi to Repay Debt to Zemen Bank

[Addis Fortune] The 8th civil bench of the Federal High Court has ordered Sheger Meter Taxis to pay back about five million Br in unpaid debts to Zemen Bank. Sheger Meter Taxi, the pioneer in metered taxis in Addis, borrowed around 3.3 million Br from …

[Addis Fortune] The 8th civil bench of the Federal High Court has ordered Sheger Meter Taxis to pay back about five million Br in unpaid debts to Zemen Bank. Sheger Meter Taxi, the pioneer in metered taxis in Addis, borrowed around 3.3 million Br from Zemen Bank in June 2010. The debt should have been paid by June 2014, according to Zemen's claim. Although the bank notified the defendant to pay the debt by September 2014, Sheger failed, according to the court's ruling. Sheger also failed to appear in court and defend the

source: AllAfrica News: Ethiopia

Snapping Computers in Addis

[Addis Fortune] Snap Computers has started assembling tablets and notebook computers in Ethiopia. It has been three months since the products have hit the market. So far, it has assembled and distributed 1000 of each and sold approximately 300 tablets …

[Addis Fortune] Snap Computers has started assembling tablets and notebook computers in Ethiopia. It has been three months since the products have hit the market. So far, it has assembled and distributed 1000 of each and sold approximately 300 tablets and 400 notebooks. The assembling plant for the new computers, which took six months to complete, is located in the Gerji area of Bole District. It is built on approximately 1500 sqm of space.

source: AllAfrica News: Ethiopia

Authority Finalizes 1.4 Billion Br Road Projects

[Addis Fortune] The Ethiopian Roads Authority has completed two road projects at a cost of 1.4 billion Br located in the Southern Nations, Nationalities, and Peoples’ Region (SNNPR).

[Addis Fortune] The Ethiopian Roads Authority has completed two road projects at a cost of 1.4 billion Br located in the Southern Nations, Nationalities, and Peoples' Region (SNNPR).

source: AllAfrica News: Ethiopia

President Sirleaf Recognizes Media’s Pivotal Role

[Liberia Govt] President Ellen Johnson Sirleaf says her administration recognizes the pivotal role of the Liberian media have played and continue to play in the development process and challenged journalists to remain critical while acknowledging the p…

[Liberia Govt] President Ellen Johnson Sirleaf says her administration recognizes the pivotal role of the Liberian media have played and continue to play in the development process and challenged journalists to remain critical while acknowledging the progress being made.

source: AllAfrica News: Liberia