Construction Ministry Concretises 204m Br 10-year Plan


The Ministry of Urban Development, Housing & Construction (MoUDHC) is preparing a 10-year development program for the construction sector of the country, which is aimed at the implementation of the…


Abyssinia’s VP Departs after Three Years, Leaves Positions Vacant

Bank of Abyssinia S.C (BoA) sent-off its vice president for corporate services, Aklilu Wubet, six months after it let its president, Addisu Haba, go. Aklilu had served the Bank for…


Federal High Court Rules against Access Real Estate in 72m Br Case

Access real estate (ARE) lost its case against Gabby Investment. The Federal High Court passed a verdict against the real estate company in which it was ordered to pay 47…


Newly Established Research Center to Assist Gov’t Development Goals

An Environment and Climate Research Center (ECRC) to engage in undertaking policy oriented research inside the Ethiopian Development Research Institute (EDRI) as an input for policy makers, was officially launched…


Adama Hotelier Joins the Petroleum Distribution Business

All Way Petroleum Plc, the tenth petroleum supplier, is going to start petroleum distribution within two weeks. The company, which has an authorized capital of 30 million Br, is owned…


Electoral Board Discards Two Independent Political Parties

No clear stance comes from the National Electoral Board of Ethiopia (NEBE) on nine private political contenders, out of 11, after it eliminated two in its latest decision of matching…


One-day Discussion Bears Fruit For Road Travel between Ethiopia and Sudan

Ethiopia is to charge Sudanese public passenger buses 15 dollars (305.25 Br) as a toll fee while crossing into Ethiopian soil as it travels in from Sudan; the aforementioned fee…


Arbitration by Addis Abeba Chamber

A civil litigation between Nib Insurance Company and two other companies pulled in the Addis Abeba Chamber of Commerce and Sectoral Association (ACCSA) into a dispute. Related to its former…


Nib Gets CORE Insurance Solution for 11m Br

Nib Insurance Company S.C (NIC) will become the second insurer in acquiring a CORE insurance solution integrating all its branches with one electronic system named Genisys Configurator for 11 million…


Petroleum Price Fall Confuses Demand, Supply for Ethiopia’s Transporters

It has been over two months since drivers from regions of Ethiopia started facing shortage of fuel, whichled them to losing revenue as well as to waiting in long queuesto get fuel at filling stations. Despite the shortage that is faced by the regions, the government claims that the supply of fuel is increasing by 12pc annually, which cannot be reconciled with the increasing demand of fuel by mega projects.


Court Rejects GEDEB’s Wish to have Ordinary Court Procedure

Lideta Federal High Court rejects GEDEB Engineering Plc‘s (GEP) 18.2 million Br case request to the court to discard the accusation in summery procedure, for a recovery of money, which…


Ministry to Propose Bids Worth $2m Due to High Demand for Solar Systems

The rural electrification under the Ministry of Water, Irrigation and Energy (MoWIE) is to float bids for the supply of solar home systems (SHS), solar lanterns and health institution solar…


Ethiopia’s TACON Completes Somaliland’s New Airport Terminal and Fence with 80m Br

Tekleberhan Ambaye Construction Plc (TACON) has completed the construction of its first out-of-country contract of Berbera International Airport terminal and 12Km perimeter fence at a cost of 80 million Birr…


Public Transport to Sudan Very Close

Ethiopia is soon to begin cross border public passenger transport with Sudan. This follows a bilateral agreement made between the two countries a year ago. To realise this, a memorandum…


Editorial

Democratic deficit is a typical trait of the nation’s political econo...


Agenda

Traders at a Crossroads with Vegetable Price Increase while meat may r...


Fineline

The Revolutionary Democrats find their state of aff...


Commentary

All low-income countries have the potential for dynamic economic growth...


Viewpoint

Fifty six years ago, the sociologist Seymor Lipset pointed out that ric...


Opinion

About 10 years ago, I was having a discussion with two adult American w...


Capital Insight

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


View From Arada

Addis Abeba is a city full of contrasts. From history to lifestyle, one...


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