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United Insurance Secures Disputed Multi-Million Birr

borkena December 5,2018 After three weeks of controversy, the Ministry of Labour & Social Affairs has bestowed domestic workers’ insurance coverage, estimated at 300 million Br, to United Insurance. The signing was planned to take place three weeks ago but was suspended as competing insurance companies filed grievances over the tender procedure. Ministry of Labour […]

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Raya Brewery share sale brings significant profit to United Insurance

Source : Addis Fortune By Frehiwot Yohannes borkena December 3,2018 The share transfer of Raya Brewery has increased the earnings of The United Insurance Company (UNIC), by 95 percent. The significant profit growth is pushed by the capital gain from the share transfer of Raya Brewery which is fully controlled by BGI International. BGI owned […]

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Gedu Andargachew leading a delegation to the United States

Gedu Andargachewu , ,Amhara Regional State president borkena November 28,2018 Amhara regional state head,Gedu Andargachew, is reportedly leading a delegation to the United States. He and his entourage will be traveling to five US cities : Washington DC, Dallas, Seattle, Los Angeles and Atlanta. The purpose is for a town hall meeting with residents in […]

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United Bank’s FY 2017/18 profit surged by 42.81%, amassing Birr 706.98 million profit before tax

United Bank SC conducted its 10th extraordinary and the 20th annual general meeting of shareholders at the Addis Ababa Hilton Hotel on October 25, 2018. ADDIS ABABA– United Bank S.C. delivered a commendable performance in terms of yielding good operational and financial results as well as in laying the foundation for greater growth opportunities in […]

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United States to chip in $125,000 for Jimma Aba Jifar palace restoration

US Embassy in Addis Ababa partnering with gov’t for Jima Aba Jifar palace restoration project Project launch in JimmaPhoto credit : US Embassy in Addis Ababa borkena November 2,2018 News update published today by the United States Embassy in Addis Ababa indicates that the US is chipping in $125,000 for the restoration of Jimma Aba […]

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United States completes three health centers in Amhara Region that will serve 75,000 people

WELELA BAHIR, Amhara Region (USAID)–This week, the United States Government is handing over three newly constructed Health Centers to the Amhara Regional Health Bureau. The new health centers were constructed through U.S. Agency for International Development’s (USAID) Ethiopia Health Infrastructure Program, which is funded by the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR). As […]

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United States Provides Back-to-School Materials for 147,000 Displaced Children

Press Release: The U.S. Government has provided new school materials for 147,000 displaced children in Oromia, Somali, and SNNPR regional states. Through the United States Agency for International Development (USAID), this effort is aimed at protecting vulnerable children’s rights to education following internal conflicts that have displaced approximately 2 million people in Ethiopia. USAID and […]

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United States embassy in Addis Ababa suspending operations for “caution”

US embassy in Addis AbabaPhoto credit : US embassy borkena September 18,2018 The United States Embassy in Addis Ababa is suspending operations this Wednesday as a “caution” in connection with a planned demonstration in the capital. Visa appointments (both immigrant and non-immigrant visa) and citizens service appointments are canceled and will be rescheduled according to […]

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