Selam Bus Line Share Company

Last updated
Selam Bus Line Share Company
Selam Bus logo.png
ParentSelam Bus Line Share Company
Founded1996
Headquarters Addis Ababa, Ethiopia
Service areaFlag of Ethiopia.svg  Ethiopia
Flag of Kenya.svg  Kenya
Service type Intercity coach service
Stops80
Destinations120
Hubs1
Stations120
Fleet Skandia/Volvo
Fuel typeGas
Chief executiveWoldai Amaha
Website selambus.net

Selam Bus Line Share Company (Selam Bus Line S.C.) is one of the largest long distance bus companies in Ethiopia. It was founded in 1996 by the Tigray Development Association (TDA) to address the nationwide need for public transportation. The firm commenced operations on 9 April 1996 with a fleet of 25 IVECO buses. [1] Selam Bus Line currently provides service to more than 17 cities in Ethiopia.

Contents

Overview

In an effort to increase market share, the firm sold 6,000 shares in October 2006 through Wegagen Bank and its main office based in Mek'ele. They had a par value of 5,000 birr. Shares worth six million birr were sold to 700 new shareholders. [2]

In November 2008, the company announced it would move from general public transportation to providing tourist transportation services. It would do this 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. [2] The luxury tourist routes will run between Addis Ababa and the Ethiopian cities of Mek'ele, Bahir Dar, Gondar, Dire Dawa, Harar, Dessie and Awasa. [3] They also have buses to Nairobi via Awasa and Moyale.

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References

  1. "About Selam Bus Line" Archived 2009-03-26 at the Wayback Machine , Selam Bus Line website (accessed 17 April 2009)
  2. 1 2 "Selam Bus changes course to tour operations" Capital, Ethiopia website (accessed April 17, 2009)
  3. "Dispatch lines" Archived 2009-03-27 at the Wayback Machine , Selam Bus Line website (accessed 17 April 2009)