Ethiopian Airlines to Expand Italy Flights


Ethiopian Airlines to Expand Italy Flights

Ethiopian Airlines CEO Mesfin Tasew announced plans to enhance connectivity between Addis Abeba and Rome and Milan by increasing the number of weekly flights between the two nations from 14 to 20. Africa’s largest airline this week marked its 60th anniversary of its inaugural flight between Rome and Addis Abeba. The celebration took place last week at Villa Italia, which houses the ambassador at the Italian Embassy in the Bella area. Established in 1964, the Rome-Addis route was Ethiopian Airlines' first connection to Italy and has continued non-stop since. The airline expanded its services to Milan in 2011, and today operates daily flights to both cities. The celebration was attended by high-ranking officials, including Getachew Reda, Chief Administrator of the Interim Regional Administration of Tigrai Regional State, and prominent businessmen like Belayneh Kindie and Midroc's Jemal Ahmed.


Radar

New Unit to Oversee City Tax Audits

The Addis Abeba City Administration Revenues Bureau has launched a new work unit to ensure the quality of tax audit decisions through a re[1]auditing procedure. According to Adane Sule, the head of the bureau's office, the new audit quality assurance unit will seek to address gaps and malpractices that previously existed due to the absence of a similar body to verify tax audit decisions. He asserts that the unit's main goal is to re-audit decisions, verify their quality and relevance, and correc...


Radar

Shipping Behemoth Beats Profit Target Despite Cargo Dip

Ethiopian Shipping & Logistics (ESL) announced its six-month performance report for the fiscal year, revealing a mixed outcome. While it achieved 95pc of its operational service target, handling 2,880,187tn of cargo, this represents a slight decrease compared to the same period in the previous fiscal year. The ESL attributed this dip primarily to global difficulties, notably Red Sea shipping disruptions. Despite these hurdles, the company reported exceeding its profit targets. Projecting...


Radar

Customs Hits Revenue Target, Cracks Down on Smuggling

The Ethiopian Customs Commission announced that it has exceeded its revenue collection target for the first six months of the fiscal year. The Commission collected 203.75 billion Br, surpassing the planned 190.9 billion birr by 106.73pc, representing a 106.7 billion Br increase compared to the same period in the previous fiscal year. Commissioner Debele Kabeta noted that coordinated efforts with other institutions to prevent contraband contributed to the successful outcome, resulting in the seiz...