Intercontinental Addis Rebrands Following Court Defeat

May 8 , 2021


[ssba-buttons]

After eight years of a legal dispute with the Intercontinental Hotels Group (IHG), Intercontinental Addis has finally given in and changed its brand name to Inter Luxury Hotel as of last week. The Intercontinental Hotels Corporation (IHG), which owns notable brands including Crowne Plaza, Holiday Inn, and Intercontinental Hotels and Resorts, first sued JH Simex and Simachew Kebede for copyright infringement and unlawful enrichment by way of copying one of their brand names. The Federal High Court ruled in favour of the defendants, denying the international group the right to be represented as a business without a license from the country’s authorised body, and closed the case. The Supreme Court, upon appeal, reversed the High Court’s ruling in February 2014 and sent the case back. In June 2019, the High Court gave a final verdict against JH Simex and ordered that the local firm, which has been operating for about 13 years, stop using the trade name "Intercontinental Addis." It also ordered the firm to pay 750,000 Br in royalty compensation to the US hospitality business operator.


Radar

Fresh Push to Help Farmers Get Covered & Cash In

The Ministry of Agriculture has established the Rural Finance Service Unit (RFSU) to coordinate and expand agricultural insurance nationwide. Announced on Tuesday at the 2025 UNDP Financial Resilience in Agriculture Community of Practice forum (held at the UN Economic Commission for Africa headquarters), the RFSU is supported by UNDP, JICA, and other partners with funding from the Bill & Melinda Gates Foundation. Agriculture Minister Girma Amente (PhD) and State Minister Sofia Kassa attended...


Radar

Mission 300 Gains Momentum as Ethiopia Charts Path to Energy Equity

The Government has developed a National Energy Compact with the goal of achieving universal electricity access by 2030. The strategy, led by the Ministry of Water & Energy (MoWE), outlines Ethiopia's commitment to reaching 100pc energy access for its population within the next five years. According to State Minister for Energy Development Sector Sultan Woli, the compact was prepared in collaboration with key development partners, including the World Bank Group and the African Development...


Radar

Rammis Bank Commences Mobile Application, Card Banking Services

Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturday at the Grand Eliana Hotel. The app allows users to transfer funds at any time, pay bills, top up mobile airtime, and send money to telebirr wallets for themselves or others. The newly introduced card service enables customers to withdraw cash from any ATM and make payments via Point of Sale (P...