Ethiopian Business Review

Kifiya Financial Technology PLC, the company behind the unified billing system project, is set to make close to 2 billion birr revenue in three and half years, the expected life span of the first phase of the project. The company announced on January 17 that preparation has been finalized to commence operation next month. The project is implemented by the Ministry of Communication and Information Technology (MCIT), the three utility companies: Ethiopian Electric Power Corporation, ethio telecom and Addis Ababa Water and Sewage Authority, and Kifiya Financial Technology PLC.

Thursday, 21 February 2013 09:22
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Dubbed as “a frontier for exploration in Africa” by Richard Chase, CEO of Nyota Minerals Ltd, the British minerals giant, Ethiopia is getting preeminence in the mining sector and has become a destination for big multinational mining companies. 252 companies had so far taken mining license, according to the Ministry. The sector was also able to earn 1.5 billion dollar during the first half of the growth and transformation plan. Most of these earnings came from gold, ornamental stones and tantalum. 

Thursday, 21 February 2013 06:48
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The Carlson Rezidor Hotel Group, which runs the Radisson Blu Hotels, appointed Christopher Pike, a British citizen who had been serving as General Manager of the Radisson Blu Hotel in Birmingham since June 2010 as its General Manager for its Hotel in Addis Ababa. Christopher Pike replaced Guillaume Massiera who has been running the hotel since February 2010. Massiera has left to establish his own business.

Tuesday, 19 February 2013 11:56
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