Local Firm Starts Online Business Consulting

Jun 7 , 2020

Lead Plus Management Consultancy & Training Center has started providing online consulting services for businesses and investors free of charge as a way of mitigating the impacts of the Novel Coronavirus (COVID-19) pandemic. The company, established three years ago, provides services like corporate accounting and outsourcing, human resource consulting and tax advice, and now consults businesses interested in various ventures by creating a road map and providing relevant information for free. The company aims to increase the ease of doing business in Ethiopia by availing a compiled set of laws and regulations and minimising office visits for its clientele. Lead Plus has designated five professionals with the experience to respond to queries and give guidance to its clients. While these services are free, it plans on strengthening its client base and making the website a hub of information, drawing international clients as a source of revenue through advertisements. Ethiopia was ranked at 159 out of 190 countries in the ease of doing business by a 2020 World Bank report. The report states that it takes nearly six times longer on average to start a business in the economies ranked in the bottom 50 than it does in the top 20.


Addis Chamber Embarks on Leadership Forum

A leadership forum where prominent executives will share their experiences in the business environment is organised by the Addis Abeba Chamber of Commerce & Sectoral Association (Addis Chamber) and SAK Training & Consultancy Firm. Headlining Arega Yirdaw (PhD), president of Unity University, who is expected to address the fortunes and adversities of the leadership ecosystem and share insights into his cascade of experiences, the first round is expected to set off at the Inter-luxury H...


Wegagen Bank Launches its Mobile App

Embracing the digital realm, Wegagen Bank officially launched its mobile banking application last week. The App was inaugurated in Dire Dewa City, with Yehwalashet Zewdu, vice president of the Bank Enterprise Services, showcasing its service that provides secure and seamless financial services. According to Yehwalashet, Wegagen Mobile meets the evolving needs of its clientele in Amharic, English, Afan Oromo, Tigrigna and Somali languages. Incorporated in 1997, Wegagen Bank has grown to become...


Zemen Bank Joins IFC's Trade Finance Program with $30m Boost

Zemen Bank has secured a 30 million dollar trade finance guarantee from the International Finance Corporation (IFC) to boost the trade finance operations. A member of the World Bank Group, IFC has welcomed Zemen as the newest member of its Global Trade Finance Program aimed at supporting exports and imports. Signed by Dereje Zenebe, president of Zemen Bank and Madalo Minofu, country manager of IFC, the trade financing is part of the one-billion-dollar Africa Trade & Supply Chain Finance P...