Out with the Old, in with the New Taxis



The Addis Abeba City Administration Transport Authority has officially announced that the meter taxis in the country will be fully operational with a set tariff. The announcement comes after months of speculation and con...


Walia Belongs to Kangaroo Not Heineken, Court Rules


Walia as a name of a beer belongs to Kangaroo Plast Plc, the Federal Supreme Court has decided, dealing a blow to Heineken Brewery S.C. which had invested heavily to promote the Walia brand. The court's February 2, 20...


DBE Looks Within to Clean Up House


The Development Bank of Ethiopia (DBE) has established an internal inquiry team which will look into violations of its policy, proclamations and directives mandates. The team is composed of staff members of the Bank who...


Grinning Grip


At the HQs of the African Union, on Roosevelt St., a Chadian journalist, Ismail Ben Cherif Tom, thumps up his countryman after Moussa Faki Mahamat, Chad's foreign minister, was elected the fourth chairperson since the Un...


Directors in Troubled Health Sector Resign


  Meskela Lera and Amha Kebede (PhD), the general director of the Pharmaceuticals Fund & Supply Agency (PFSA), and the general director of the Ethiopian Public Health Institut...


Zonal System for City Minbuses


  The Addis Abeba City Transport Authority will require close to 6,000 minibuses with code 3 Oromia Regional State registrations to operate on set routes in a zonal system startin...


State Alcohol Producer Completes Half Billion Br Expansion


  The National Alcohol & Liquor Factory (NALF) has completed the first phase of a half billion Br expansion project which took almost two years to finalize. Out of 400 million...


Parliament Approves Bond to Strengthen State Bank


  Parliament has approved a request from the Commercial Bank of Ethiopia (CBE) to issue long-term bonds in order to raise its capital by 26.5 billion Br to 40 billion Br. The requ...


In Midst of Court Wrangle, US Clarifies Travel Ban Rules


  While President Donald Trump's Administration faces an uphill battle over its recent 90-day ban imposed on travelers from seven countries, the Departement of Homeland Security (...


Banks Bid Bye to Diaspora Ethiopians


  The action to scrub Ethiopian banks of Ethiopian natives with foreign nationality has commenced as private banks begin auctioning off shares that were returned by these nationals, in compliance with a November...


New Passanger Terminals on the Way for Hawassa Semera


  The Ethiopian Airport Enterprise (EAE) has signed a 276 million Br contract with two local companies to complete the construction of passenger terminals at Semera and Hawassa Airports. The Enterprise contrac...


Eden Expands Capacity, Raises Profit


  Eden Business Group has announced the expansion of its water bottling capacity by three-fold at a cost of 80 million Br, raising its capacity to produce 34,000 bottled water per hour in its plant in Welqite, 20...


City to Let Contractors Buy Supplies


  Unable to meet its homes building goals, the Addis Abeba City Administration is considering transferring the purchases of construction materials for city projects to be handled by the contractors themselves. Th...


Tsehay Profits Up, Shareholders Return’ Slump


Tsehay Insurance S.C witnessed another year of achievement despite an industry downturn for the second year in a row. The firm has managed to increase its profit after tax by 22pc, to 14 million Br. The profit generat...


Presidential Palace


  The family of President Mulatu Teshome (PhD) will soon move to a new residence on Entoto Avenue, neighboring the US Embassy, after the presidential office in the photo is comple...


Leaving In Style


  The African Union (AU) consisting of 54 African countries was established in 2001 in Ethiopia with the aim of replacing the Organization of African Unity (OAU). The most importa...


Editorial

The news that the Administration of Prime Minister Hailemariam Desalegn...


Agenda

Ashenafi Beza has been in the business of renting out construction mach...


Fineline

The manner in which the current leadership of the O...


Commentary

With the rush to develop Ethiopia and make the country one among middle...


Viewpoint

A recent World Bank report entitled, “Why So Idle? Wages and Emp...


Opinion

The dark specter of evil (the begetter of war) smiles upon this earth,...


View From Arada

When people travel to a new city or town, they might notice the transpo...


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