Berhan, Guzo Team Up for Airline Ticketing

Feb 29 , 2020


Berhan Bank and Guzo Go, an application for an online ticketing service, partnered to provide airline ticketing services for carriers that have destinations to Ethiopia. The agreement demonstrates the Bank's aggressive push to provide digital financial services to its customers, said Binyam Mesfin, director of the marketing and corporate communication department at Berhan, at a ceremony held at the Bank’s head office on February 28, 2020. Customers of the Bank can go to any of its branches and choose from 10 different airlines depending on their destinations. The application developed by Guzo Go facilitates the airline ticketing process in the Amharic, Afan Oromo, Tigrigna and Somali languages. The service is expected to level the language difficulties associated with the process of buying airline tickets, time zone differences and the limited ticketing facilities, according to Teodros Shiferaw deputy general manager of Solgate Travel Plc, which also owns Guzo Go. The software makes the ticketing process and procedures easier by providing simple-to-use options, and it is functional on the internet. The ticketing service will be available for both foreign and domestic flights and is provided to satisfy the Bank's customers, according to the director of marketing and corporate communication.


Radar

Capital Market Authority Extends Public Company Registration Deadline, Warns Against Unlicensed Investment Bank

Ethiopian Capital Market Authority (ECMA) has granted a final one-month extension for publicly held companies to register, setting the new deadline for April 9, 2025. The extension applies specifically to companies with over 50 shareholders, who are required to submit comprehensive documentation across all industries. Mandatory details include the total number of shareholders, the total number of shares issued, fully paid shares, subscribed shares, and the value of shares on the reporting dat...


Radar

State Corps Post Growth Eyeing Innovation, Market Expansion

The Ethiopian Insurance Corporation (EIC) generated 9.34 billion Br in written gross premiums, marking a considerable 51.7pc increase compared to the same period last year. The Corporation's profit reached 1.2 billion Br, exceeding its planned target by 15pc and increasing by 62.7pc from last year's corresponding period. Executives of Ethiopian Investment Holdings (EIH), Ethiopia's sovereign fund that owns state enterprises, commended EIC for its achievements and provided strategic guidance t...


Radar

Ethiopian Airlines, AfDB Forge Partnership for Bishoftu International Airport Project

The Ethiopian Airlines Group has signed a letter of intent with the African Development Bank (AfDB) to launch a partnership for the ambitious Bishoftu International Airport Project. Mesfin Tasew, CEO of Ethiopian Airlines, and Nnenna Nwabufo, vice president of Regional Development, Integration & Strategy at AfDB signed the agreement. The two officials expressed their intent to consolidate the existing partnership through strategic and innovative engagements to benefit Ethiopia and the wid...