Selam Bus Line Share Company
Encyclopedia
Selam Bus Line S.C. is one of Ethiopia
's largest long distance bus companies. It was founded in 1996 by the Tigray Development Association to address the nation-wide need for public transportation, and commenced operations 9 April, 1996 with a fleet of 25 IVECO buses. Selam Bus Line currently provides service to more than 17 cities in Ethiopia.
In an effort to increase market share, the company sold 6,000 shares in October 2006 with a par value of 5,000 Birr
through Wegagen Bank and its main office based in Mek'ele
. Shares worth six million Birr were sold to 700 new shareholders.
In November, 2008, the company announced it would move from general public transportation to providing tourist transportation services, by buying 14 Scania buses at a cost of 1.6 million Birr each with a body manufactured by a Brazilian company, Marcopolo S.A.
; Selam Bus Lines has plans to buy 70 more buses. The luxury tourist routes will run between Addis Ababa
and the cities of Mek'ele
, Bahir Dar
, Gondar
, Dire Dawa
, Harar
, Dessie
and Awasa
. They also have buses to Nairobi
via Awasa
and Moyale
.
Ethiopia
Ethiopia , officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa. It is the second-most populous nation in Africa, with over 82 million inhabitants, and the tenth-largest by area, occupying 1,100,000 km2...
's largest long distance bus companies. It was founded in 1996 by the Tigray Development Association to address the nation-wide need for public transportation, and commenced operations 9 April, 1996 with a fleet of 25 IVECO buses. Selam Bus Line currently provides service to more than 17 cities in Ethiopia.
In an effort to increase market share, the company sold 6,000 shares in October 2006 with a par value of 5,000 Birr
Ethiopian birr
The birr is the unit of currency in Ethiopia. Before 1976, dollar was the official English translation of birr. Today, it is officially birr in English as well....
through Wegagen Bank and its main office based in Mek'ele
Mek'ele
Mek'ele , also transliterated as Makale, is a city in northern Ethiopia and the capital of the Tigray Region. It is located some 650 kilometers north of the capital, Addis Ababa, at latitude and longitude with an elevation of 2084 meters above sea level...
. Shares worth six million Birr were sold to 700 new shareholders.
In November, 2008, the company announced it would move from general public transportation to providing tourist transportation services, by buying 14 Scania buses at a cost of 1.6 million Birr each with a body manufactured by a Brazilian company, Marcopolo S.A.
Marcopolo S.A.
Marcopolo S.A. is a bus manufacturer founded on August 6, 1949, in the southern Brazilian city of Caxias do Sul, state of Rio Grande do Sul. The company manufactures the bodies for a whole range of coaches, e.g. microbus, intercity and touring coach...
; Selam Bus Lines has plans to buy 70 more buses. The luxury tourist routes will run between Addis Ababa
Addis Ababa
Addis Ababa is the capital city of Ethiopia...
and the cities of Mek'ele
Mek'ele
Mek'ele , also transliterated as Makale, is a city in northern Ethiopia and the capital of the Tigray Region. It is located some 650 kilometers north of the capital, Addis Ababa, at latitude and longitude with an elevation of 2084 meters above sea level...
, Bahir Dar
Bahir Dar
Bahir Dar is a city in north western Ethiopia. It is the capital of the Amhara Region .Administratively, Bahir Dar is considered a Special Zone, placing it midway between Addis Ababa and Dire Dawa which are organized as chartered cities , and cities like Debre Marqos and Dessie, which are...
, Gondar
Gondar
Gondar or Gonder is a city in Ethiopia, which was once the old imperial capital and capital of the historic Begemder Province. As a result, the old province of Begemder is sometimes referred to as Gondar...
, Dire Dawa
Dire Dawa
Dire Dawa is one of two chartered cities in Ethiopia . This chartered city is divided administratively into two woredas, the city proper and the non-urban woreda of Gurgura....
, Harar
Harar
Harar is an eastern city in Ethiopia, and the capital of the modern Harari ethno-political division of Ethiopia...
, Dessie
Dessie
Dessie is a city and a woreda in north-central Ethiopia. Located on the Addis Ababa - Asmara highway in the Debub Wollo Zone of the Amhara Region, this city has a latitude and longitude of with an elevation between 2,470 and 2,550 meters above sea level.Dessie has postal service , and telephone...
and Awasa
Awasa
Awasa is a city in Ethiopia, on the shores of Lake Awasa in the Great Rift Valley. Located in the Sidama Zone 270 km south of Addis Ababa via Debre Zeit, 130 km east of Sodo, 75 km north of Dilla and 1125 km north of Nairobi, Awasa is the capital of the Southern Nations,...
. They also have buses to Nairobi
Nairobi
Nairobi is the capital and largest city of Kenya. The city and its surrounding area also forms the Nairobi County. The name "Nairobi" comes from the Maasai phrase Enkare Nyirobi, which translates to "the place of cool waters". However, it is popularly known as the "Green City in the Sun" and is...
via Awasa
Awasa
Awasa is a city in Ethiopia, on the shores of Lake Awasa in the Great Rift Valley. Located in the Sidama Zone 270 km south of Addis Ababa via Debre Zeit, 130 km east of Sodo, 75 km north of Dilla and 1125 km north of Nairobi, Awasa is the capital of the Southern Nations,...
and Moyale
Moyale
Moyale is a market town on the border of Ethiopia and Kenya, which is split between the two countries: the larger portion is in Ethiopia , and the smaller is in Kenya . There are four disputed locations within the Moyale district between the Somali and Oromo regions...
.