ESL plans major capital increase to 150 billion birr
The completion of overdue audit reports has enabled Ethiopian Shipping and Logistics (ESL), one of the most profitable public companies, to pursue a significant capital increase to 150 billion birr.
According to information obtained by Capital from ESL, the company plans to submit a long-awaited application for this capital boost to its board of directors, chaired by Finance Minister Ahmed Shide.
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Source: capitalethiopia
@Ethiopianbusinessdaily
The completion of overdue audit reports has enabled Ethiopian Shipping and Logistics (ESL), one of the most profitable public companies, to pursue a significant capital increase to 150 billion birr.
According to information obtained by Capital from ESL, the company plans to submit a long-awaited application for this capital boost to its board of directors, chaired by Finance Minister Ahmed Shide.
Read More
Source: capitalethiopia
@Ethiopianbusinessdaily