Selam Bus Line Share Company

Selam Bus Line Share Company (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 firm 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. 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. 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.

Read more about Selam Bus Line Share Company:  See Also

Famous quotes containing the words bus, line, share and/or company:

    An actor rides in a bus or railroad train; he sees a movement and applies it to a new role. A woman in agony of spirit might turn her head just so; a man in deep humiliation probably would wring his hands in such a way. From straws like these, drawn from completely different sources, the fabric of a character may be built. The whole garment in which the actor hides himself is made of small externals of observation fitted to his conception of a role.
    Eleanor Robson Belmont (1878–1979)

    A route differs from a road not only because it is solely intended for vehicles, but also because it is merely a line that connects one point with another. A route has no meaning in itself; its meaning derives entirely from the two points that it connects. A road is a tribute to space. Every stretch of road has meaning in itself and invites us to stop. A route is the triumphant devaluation of space, which thanks to it has been reduced to a mere obstacle to human movement and a waste of time.
    Milan Kundera (b. 1929)

    The share we have in the knowledge of truth, such as it is, has not been acquired by our own powers. God has taught us ... his wonderful secrets; our faith is not of our acquiring, it is purely the gift of another’s bounty.
    Michel de Montaigne (1533–1592)

    “In your company a man could die,” I said, “a man could die and you wouldn’t even notice, there’s no trace of friendship, a man could die in your company.”
    Max Frisch (1911–1991)