ESAT News (November 21, 2016) Indian customs officials at IGI Airport arrested an Ethiopian woman for allegedly trying to smuggle into the country over 3 kg of gold worth Rs 89 lakh (approximately 132,000 dollars), along with $10,000 in cash, on Wednesday. They also seized demonetized currency notes of Rs 1,000 amounting to Rs 60,000 from her (879 USD.) The ...
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Beer bottle firm exits Ethiopia following tax dispute
ESAT News (November 21, 2016) Troubled Atlas African Industries says it is seeking new business acquisitions in the continent following its decision to exit Ethiopia by selling its bottle manufacturing plant, according to a report by the Kenyan Daily Nation. The report said the loss-making logistics firm, which is listed on the Nairobi Securities Exchange, announced on Friday that it ...
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