GOT MILK?


Despite the number of milk brands available in the market place such as Mama, Etete, Family and the like, there is a problem of dearth that seems paradoxical. This is…


PM Lays Cornerstone for Airport Without Approval, Budget

Despite no project and budget for the government to approve, and with a feasibility study yet to be conducted and site yet to be selected, Prime Minister Hailemariam Desalegn has…


Repi Wilmar Alleges Seven Billion Birr Investment on 14 Factories

Establishing a Grade-1 construction firm or negotiating a deal with a Chinese construction firm – both in four weeks – are the options for the businessman who had Prime Minister…


Bankrupt Holland Car Plc Gets Grace to Honour Commitments

The founder and General Manager of Holland Car Plc, Tadesse Tesema (Eng.), who had fled the country two and a half years ago after filing for bankruptcy, returned on Tuesday…


NOC, City Roads Authority Sign 120m Br Procurement Agreement

National Oil Ethiopia Plc (NOC) signed a 120 million Birr procurement agreement with Addis Abeba City Roads Authority (AACRA) on May 15, 2015. The procurement agreement is to supply 7,000tn…


FTA Directive, Incentives to Relieve Transportation Woes

Government is encouraging Addis Abeba public transport associations to form share companies to improve city transport in Addis Abeba with incentives including duty free import and loan facilities. The directive…


Awash Melkasa to Begin Hydrogen Peroxide Production at 234m Br Plant

Awash Melkasa Aluminum Sulphate & Sulfuric Acid S.C. will begin production of hydrogen peroxide, a major input in the textile industry, by the end of June, 2015 at a plant…


First Herbicide Factory to Begin Production with 27m Br Investment

Adame Tulu Pesticide Processing S.C. is to begin production at its new herbicide factory, the first in Ethiopia, by June 2015. The factory, which cost 27 million Br for construction…


Ayat Loses Supreme Court Appeal, 1,696sqm Repossessed

Ayat S.C, whose major shareholder is in prison, lost a Supreme Court appeal over land snatched from the company and given to co-owner of Elilly Hotel’s, Gemshu Beyene. Ayat had…


MIDROC Announces Eight Billion Birr Expansion for MIDROC Gold, Elfora Agro-Industry

MIDROC ETHIOPIA TECHNOLOGY GROUP has announced an eight billion Birr expansion project for Elfora, an agro processing subsidiary, and MIDROC Gold, a mining exploration subsidiary. The company, which has a…


WB Loan of $350m to Finance Phase Two of Agricultural Growth Programme

The Ethiopian government has completed a 350 million-dollar loan agreement with the World Bank (WB) on May 7, 2015 on a highly concessional basis of 38 years for the second…


Awash Bank Sustains Extra Cost of 15m Br Due to Light Railway Construction

The Addis Abeba Light Rail Transit (AALRT) is costing Awash International Bank S.C. (AIB) 15 million Br on its ongoing construction of a 10-storey building in Lideta District because of…


Ministry Issues First Licence for Mining Survey of Kaolin Sites to Chinese Company

Ministry of Mines (MoM) has given a first of its kind mining survey licence for kaolin to China Communications Construction Company Ltd (CCCC) in the Southern Regional State at Hosaena.…


ECX Auctions 17th Membership Seat for 1.6m Br, Individual Bidder Wins

The Ethiopian Commodity Exchange (ECX) transferred the 17th membership seat for 1.6 million Br on an auction held on May 7, 2015. The bid that was held in the presence…


Editorial

Transparency rarely transpires with the ruling Revolutionary Democrats.


Agenda

Now that consumers want to enjoy their milk in the non-fasting season,...


Fineline

An opportunity has presented itself to Ethiopia for...


Commentary

Financing what will make the biggest difference and investing in qualit...


Viewpoint

Nearly two decades ago, the political commentator Fareed Zakaria wrote...


Opinion

When financial policymakers attempt to promote economic growth, they al...


Capital Insight

The recent anti-corruption crackdown surprised both citizens and analys...


View From Arada

I t has been almost half a century since Africa experienced liberation.


Editors Pick







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