HQ ROADBLOCK

For months now, construction of Commercial Bank of Ethiopia’s (CBE) headquarters has claimed part of the two-way Ras Desta Damtew Street that runs between Ghion Hotel and Ambassador Theater.


HQ ROADBLOCK

For months now, construction of Commercial Bank of Ethiopia’s (CBE) headquarters has claimed part of the two-way Ras Desta Damtew Street that runs between Ghion Hotel and Ambassador Theater. In the later stages of its finishing, the headquarters will be the largest skyscraper when completed. Expected to cost the state commercial bank over five billion Birr, its headstone was laid in 2015 with the design-and-build deal awarded to the China State Construction & Engineering Corporation. At the moment, it has been a headache for vehicles passing by it.


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Standing Committee First Visit to Private Foreign Firm Garners New Era

Safaricom Ethiopia stated that it has become the first private foreign company to host a visit by a standing committee from the House of People's Representatives, with the Democracy Affairs Standing Committee touring the company's operations last week. Wim Vanhelleputte, CEO, presented the company's half-year results, showcasing growth in mobile and M-PESA services. Notable achievements include expanding 4G coverage to 46pc of the population, acquiring over 6.1 million active subscribers, and se...


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Goh Mortgage Bank Registers 12-fold Gross Profit Increase

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Garment Maker Invests 200 million Br in Worker Welfare

Shints ETP Garment PLC, a South Korean enterprise operating inside Bole Lemi Industrial Park, inaugurated a 200 million Br recreational facility and daycare center. This state-of-the-art facility includes a tennis court, basketball court, soccer field, gym, and daycare center, with hopes of enhancing employee satisfaction and productivity. The company currently provides dormitory services for 5,500 workers and primary education for their families and plans to expand its dormitory capacity to 11...


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