Two New Hotels Receive Star Ratings

Nov 2 , 2019


[ssba-buttons]

The Ministry of Culture & Tourism, mandated to asses the standards of hotels, gave star ratings to Hyatt Regency and Eliana hotels on October 29,2019. While the former received a five–star rating, the latter received a four-star rating. To be eligible for grading, hotels have to satisfy all statutory regulation, including requirements for health, safety, security, environmental services and waste management. Exterior view, standards of bedrooms, bathrooms, public areas, bars and dining facilities are some of the criteria evaluated to determine hotel ratings. Last August, the Ministry gave four-star ratings to 12 hotels, three-star ratings to 13 hotels, two-star ratings to 31 hotels and one star to 17 hotels across the country. There were 164 star-rated hotels that have a total of 8,000 rooms and 10,000 beds in Addis Abeba as of August 2017.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...