Awash International Bank Hires KPMG to Propel it to Top 10 within East Africa

KPMG will identify gaps and take action to help the bank become one of East Africa’s best.

Addis Abeba to Get 50pc Budget Raise

The City Administration of Addis Abeba is to see a significant jump in its budget for 2015/16, with an addition of 11 billion Br. Close to 20 billion Br budget…


The state-owned Commercial Bank of Ethiopia (CBE) has set the foundation stone for the building of its main office building on Ras Desta Damtew Road, behind the Ethiopia Hotel, on Saturday, June 27, 2015.

Hurmud Camel Milk Company to Open in Jigjiga

Camel milk is an under-exploited food resource but its supply is about to be expanded

Israel Chemicals Acquires Allana Potash for $150m

In acquiring Allana Potash, Israel Chemicals Ltd. stands to gain the concession for high potash reserves.

Chambers of Commerce Sign MoU to Explore Business Opportunities

The MoU signed between the Addis and Los Angeles Chambers was the first with a US City

Alemayhu Ketema Wins Bid for 713.6m Br Sport Academy

The General Contractor was selected from a field of 20 construction firms

EPRDF, Affiliates Command 99pc of Seats Contested

NEBE has presented all but one of the election results but the air will soon be cleared.

Ethiopia, Chinese Company Sign $119m Deal for Transmission Lines to Kenya

Ethiopia signed a 119 million dollar deal for power transmission lines to Kenya to export the extra power. “It is mandatory to export the energy that is leftover as we…

Centre of Excellence

Bereket Simeon, policy advisor to the Prime Minister and chairperson of Commercial Bank of Ethiopia (CBE) (right) and Bekalu Zeleke, president of the Bank chatting away with satisfied smiles during…


Fiscal ambition is nothing new for the Ethiopian finance ministry, loca...


There are arguments for and against the proposed amendments to existing...


To the great ire of their political adversaries her...


Democratic capitalism needs a fundamental change, if it has to thrive i...


While humanity shares one planet, it is a planet of two worlds –...


Development and improved governance have tended to go hand in hand. But...

View From Arada

There are many things going on in this country, and all seek for attent...

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