Girma Yifrashewa : Renowned Pianist Wakes Up Crowds and Puts His Neighbors to Sleep



Stellar pianist Girma Yifrashew, a world-renowned performer and composer has been honing his craft and fine tuning his sound for over 20 years. Girma has been playing the piano with passion while gaining fans from places...


Sabir Argaw Seeks Enforcement to Buy Foreign Partners Out of Repi


Sabir Argaw, one of Ethiopia's prominent businessperson with diversified interests under AL-SAM Plc, has filed civil suit taking his foreign partners to the Federal High Court, claiming an enforcement of a disputed buyou...


Drought-Proofing Project In Limbo With Climate Board


The recent Green Climate Fund (GCF) board meeting in Songdo, South Korea, has ended with 100 million dollars in funding to drought proof Ethiopian communities in limbo. The meeting opened on April 4, 2017. The project...


Giant Cement Factory Set for Ambo


The Oromia Regional State has started negotiations with Ambo Gnmer Manufacturing, Mining & Agro Industry Share Company to construct a cement factory. The factory will likely cost around seven billion Birr, according...


Audit Committee Wags Finger at Addis Ababa University


Addis Ababa University (AAU) has been warned by a parliamentary standing committee to address financial irregularities starting with its misty finance administration system, and up to illegitimate transactions which invo...


Gov’t Gives Up Share in Sodere


Dinku Deyas, one of the most prominent businessman in Adama (Nazareth), and his family have fully taken over the management of Sodere Resorts Hotel S.C after buying the government's remaining shares, worth 90 million Br.


New Petroleum Companies Join Market


Two new petroleum supply companies have joined the market, pushing the total number of operational fuel companies in the country to 13. Genet Petroleum and Gomechu Petroleum are the two late entrants into the market,...


Gov’t Declines to Return Liquor Factory to its Former Owner


After being disappointed with the final response of the Ministry of Public Enterprises (MoPE) for refusing the restoration of the National Alcohol and Liquor Factory (NALF) to its former owner Berhane Gebremedhin, Berhan...


Meet the Labour


The Confederation of Ethiopian Trade Unions (CETU) has held its first general assembly in nearly three years on April 6, 2017. The industrial profile of the country has changed drastically since the Confederation`s forma...


CBE Puts Private Banks in Cash Strap


The National Bank of Ethiopia (NBE) has advanced to the state-owned banking giant, Commercial Bank of Ethiopia (CBE), one billion dollars in foreign currency, which risks putting private banks in a liquidity crunch. T...


Lion’s Share Very Reasonable


Lion International Bank S.C commanded bids of up to 40pc over its par value of 25Br. The share auction, which was held on April 3, 2017, attracted bids for 670,396 available shares. Lion International Bank reported a...


Is Qatar Emir’s Visit to Spite Egypt?


The Emir of the State of Qatar, Tamim Bin Hamad Al-Thanni, will be the second leader from a Gulf state in a political dispute with Egypt to visit Ethiopia in the last few months. The Emir will pay a two-day visit to Ethi...


PM Office Turns Down Appeal for Tax Reduction


The Prime Minster's Office has rejected an appeal to consider a corporate profit tax reduction for manufacturing companies by 17pc from a flat rate of 30pc. However, the Office accepted most of the recommendations forwar...


New World Bank’s Project Invigorates Logistics Sector


Ethiopia has secured a 150 million dollars loan from the World Bank (WB) to expand the Modjo Dry Port, where congestion and inefficiencies have been hampering ambitions to transform the logistic sector. This will be the...


Belayab Breaks into Pickup Rental Business


Belayab Motors signed an agreement with Huawei Technologies Ethiopia Plc (HTE) to provide car rental services costing 1,800 Br per day for the next three years for use around Addis Abeba. The service is set to kick-off a...


Road That Connects Sugar Projects Takes Off


The Ethiopian Roads Authority (ERA) has started to connect the Omo Kuraz Sugar Project with Turmi, in the Southern Nations, Nationalities & People’s Regional State, 656.8Km from the capital. The Authority signed an...


Editorial

Last week saw a series of events where the political bigwigs from the f...


Agenda

The cement industry in Ethiopia, although still largely untapped, is se...


Fineline

It is unusual for a federal agency to get estranged...


Commentary

Recently, the National Bank of Ethiopia (NBE) had announced the mandato...


Viewpoint

Neglected Tropical Diseases (NTDs) disproportionately affect women and...


Opinion

Until very recently, Turkey was a proudly democratic Middle Eastern cou...


View From Arada

We often underestimate the importance of time managiment. Especially in...


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