New Charge On Ermias T. Amelga

Ermias T. Amelga, will remain under custody for the next eight days, after the High Court granted the police an eight-day investigation period to substantiate its allegation that he has been involved in illegal actions.…


Ethiopian Meat Exporters Free to Leave Dubai

Dubai’s public prosecutor, Khalid Al Jassmi, has dropped the case that had left a group of Ethiopian meat exporters stranded in the United Arab Emirates (UAE) for over two months.…


ANY CARD, ANY ATM

ATM usage has been made much more efficient. And Ethiopia is catching up with technology that is decades old elsewhere in the developed world. After years of anticipation, and months…


Road Authority Terminates Two Projects in a Row

Upon the termination of two delayed road projects last year, the Ethiopian Road Authority (ERA) is now processing their transfer to other contracting companies. The first project, a 53km asphalt…


Local Companies to Supply Long Overdue Steel

The Federal Procurement Service after two years of processing and repeated setbacks to buy 44,000tn of steel from international manufacturers has now reverted to look into local suppliers only. Not…


Peas, Beans, Lentils to be Traded through ECX

Transaction of pulses, a food group comprising lentils, peas, and beans – the primary ingredients of popular traditional Ethiopian dishes such as misir, shiro, and almost everything else in a…


Depositors Yet to Awake to Any Card at Any ATM

Automated Teller Machines (ATM) have finally been able to interconnect, enabling any debit cardholder to withdraw funds from any bank’s ATM machine. Launched in the middle of last week, the…


Noose Tightens Round Habitat New Flower’s Neck

Habitat New Flower lost its appeal to the Cassation Bench that ordered it not only to hand over documents but also to carry through the process of transferring title deeds…


Agri-CEFT Tea Processor Enters Huajan Industrial Zone

Agri-CEFT, subsidiary of the troubled Horizon Plantations, member of MIDROC Investment, has set out on a close to 120 million Br expansion project of its tea processing and packaging factory.…


Cash from Any ATM, Begining Today

Depositors in Ethiopia can cash their account from any ATM even if it is not operated by the bank where they have deposited their savings. The long-awaited national switch system,…


Just One ATM Stop for Transactions Today

Anyone with an automated teller machine (ATM) card from any bank in the country can collect money from any ATM machine. Now all the banks’ online real-time and electronic banking…


Ethiopian Red Cross Recieves Half a Million Dollars for Drought Relief

At the Hilton today, Philip Moris Int’l, tobacco company, has donated 500,000 dollars to support Ethiopian Red Cross Society’s drought response efforts. Close to 40pc crop failure recorded in major…


Hungary Moves for Practical Rapprochement

Elias Genete, president of the Addis Abeba Chamber of Commerce & Sectorial Associations (left), Peter Szijjarto, foreign minister of Hungary (centre) and Zoltan Kiss (PhD), chairman of the Sub-Saharan Committee…


Top Flower Sues Dashen Bank over Auction of Farm

Dashen Bank has been summoned to court to defend the recently concluded foreclosure of Top Flower Plc, a flower farm in Holeta. Owners of the company alleged deceitful behaviour and…


Editorial

The ruling Revolutionary Democrats have crafted the first ever computer...


Agenda

The Age of Information & Communications Technology is impacting adverti...


Fineline

Addis Abeba has been caught by a rare but collectiv...


Commentary

The rather rushed re-institution of the Office of the Federal Attorney...


Viewpoint

Conversations about Africa typically focus on growth rates and the pace...


Opinion

Ever since my early days of professional engagement, I have had a sense...


View From Arada

Some are seen trying to crack a joke on the story of coffee. But the jo...


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