Prime Minister Hailemariam Desalegn (left) warmly greeting Debretsion Gebremichael (PhD) (right), minister of Communication & Information Technology (MCIT), and Melese Alemu (centre) deputy chief administrator &...

MIDROC Gold Mine Plc, one of the 21 subsidiaries of Midroc Ethiopia Technologies Group, has requested the Ministry of Mines, Petroleum & Natural Gas (MoMPNG) for an extension of a contract to continue extracting gold...

Authorities in the federal government and the Oromia Regional State were in the dark late last week following the Nigerian investor Aliko Dangote's threat of closure of its cement plant in Ethiopia over a disappointment...

More than 80 farmers from Kebele 01, Adama Town, who claim their farmland has been transferred to teachers, civil servants and investors without compensation, have appealed in person to the Oromia Regional State's Presid...

Ethiopia has earned close to half a billion Birr from the export of maize to Kenya, amid a rising concern in drought-affected areas and a series of attacks by the fall armyworm across the nation's maize fields. Belayn...

Ambassador Garment & Trade Plc has announced that it will double its production capacity in the next six months at the cost of 350 million Br. The Company, whose current production capacity is 500 suits a day, at...

The government of Ethiopia in partnership with the Netherlands government is to build the second dedicated Heart & Vascular Hospital in Addis Abeba with a cost of 900 million Br. Netherlands donated half of the co...

The long awaited construction of 12 water supply development projects worth over a billion Birr have been finalised and have become operational in four regional states, according to the Ministry of Water, Irrigation &...

The Public Procurement & Property Disposal Service (PPPDS) has cancelled the award it gave to Xizi Unite Elevator Co. Ltd for the supply of 302 elevators for lower class condominiums under construction. The move came...

The Federal Prisons Administration Commission (FPAC) is in the final stage to complete the construction of a new prison complex with an estimated project cost of 900 million Br from the government coffers. Located at...

The Ethiopian Revenues & Customs Authority (ERCA) has instructed container owners to clear 7,900 containers that have stayed over sixty days at Modjo and Qality dry ports. Out of these containers, 7,000 of them are p...

Industrial park developments have been the talk of the town for the past two years. Their impact on the economy, the aspiration of the country to be a leading industrial hub in Africa and job creation, especially to the...

In a letter written to the Ethiopian Industrial Inputs Development Enterprise (EIIDE) two weeks ago, the Ministry of Trade (MoT) gave the full mandate to EIIDE to be the sole distributor of salt that is used as industria...

The government is considering major reforms in the logistics sector in a bid to solve bottlenecks in the industrialisation and export sectors, disclosed Arkebe Oqubay (PhD), special advisor to Prime Minister, Hailemariam...

After a long saga, the Ministry of Construction (MoC) has finally rented a 15-storey building office and is planning to move to the new office in three weeks. The move has caused its rental fees to snowball, with three t...

In a bid to clear its two decades of audit irregularities, the Addis Ababa University (AAU), the oldest and biggest university in the country, has hired Merit Management Consultancy, a local auditing company, with a cost...

The Federal High Court sentenced Simachew Kebede, the major shareholder of DH Simex Plc which also owns Intercontinental Addis Hotel, to six years of imprisonment for the tax evasion crimes he was accused of. This was ru...