Fed. Prosecutors Bring Third Charge on Kinfe


Federal prosecutors have establiahed yet another criminal charge against Kinfe Dagnew (Maj. Gen), the founding CEO of the Metals & Engineering Corporation (MetEC), accusing him of involvement in what they…


Fed Investigators Arrest Ermias Amelga in MetEC Case

Federal investigators have arrested Ermias Amelga, founder of Access Real Estate, in connection with an ongoing corruption probe on the former executive of Metals & Engineering Corporation (MetEC). Ermias was…


Federal Prosecutors Charge Former CEO Kinfe Dagnew Et Al

Federal prosectors charged eight defendants, including Kinfe Dagnew (Maj. Gen), former head of the Metals & Engineering Corporation (MetEC), of alleged corruption on Thursday. Judges at the 15th Criminal Bench…


Housing Corp Amends Rental Fee of Non-Business Tenants, Softens Terms for Businesses

The Federal Housing Corporation has revised the rental fee levied on non-governmental organisations (NGO), embassies, government offices and civil society tenants. It has also decided that business tenants will not…


Former Bank Executive Moves to Electronic Solutions

The Board of Directors of Premium Switch Solutions (PSS), a digital company that integrates the services of seven banks, has appointed Yoseph Kibret, a former senior executive of Bank of…


Fed. Investigators Wind Up Probe on MetEC Suspects

Investigators from the Federal Police told judges today that they have concluded a probe on 11 former senior executives of Metals & Engineering Corporation (MetEC) who have been detained under…


Macro Economist Joins CBE Board

Eyob Tesfaye (PhD), a macro economist working for the UN, has been appointed by the administration of Prime Minister Abiy Ahmed to serve the state owned Commercial Bank of Ethiopia…


President Sahle-worq Appoints Ambassadors

Twenty ambassadors appointment by President Sahle-worq Zewdie was made yesterday. Fitsum Arega, chief of the federal agency for investment promotion, is assigned to the United State; Teshome Toga, to China;…


Furious Tenants Protest Rental Fee Spike

Hundreds of tenants for state owned commercial housing in Addis Abeba protested the recent steep rental fee increase, marching today to the head office of the Federal Housing Corporation. The…


After Fiery Debate, Parliament Establishes Border, Identity Commission

Federal legislators have approved the establishment of a Border & Identity Affairs Commission after a charged debate among MPs. The establishment of the commission drew votes in favour from the…


Judges Grant Police Custody Right on Kinfe, Brother for Third Appeal

Federal Judges have granted Police appeal to keep under custody Kinfe Dagnew (Maj. Gen), former head of Metals & Engineering Corporation (MetEC), who is suspected of grand corruption, yet for…


President Girma Passes Away, at 95

Former President Girma Woldegiorgis has passed away today at the age of 95. He has served in public service for 50 years, including as the Republic’s second President, succeeding Negasso…


Primer to Inaugurate Dire Dawa Industrial Park

Dire Dawa Industrial Park will be inaugurated the coming Sunday, December 16, 2018, in the presence of Prime Minister Abiy Ahmed (PhD), the second such event in just a week.…


Sugar Corp Head Replaces Dagmawit as Deputy Mayor

Endawoq Abite, director general of the Ethiopian Sugar Corporation, has been appointed as the deputy mayor of Addis Abeba, replacing Dagmawit Moges, who was moved to the Ministry of Transport,…


Judges Grant Police Continued Custody of MetEC Head, Brother

Judges at the Federal High Court granted police an additional 14 days of custody for the investigation of alleged corruption by Kinfe Dagnew (Maj. Gen), former head of the state-owned…


Court Grants Bail Right to Ex-Deputy Security Chief’s Spouse

Judges at the Federal High Court have granted bail rights to Widade Ahmed, the spouse of Hashim Tofiq (PhD), deputy director of the National Intelligence & Security Services (NISS), who…




Editorial

An expected consequence of the growing rift between the constituent par...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


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Who it is that midwifed the rapprochement between E...


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As tobacco companies reap the benefits of weak tobacco controls across...


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If some people came to us with something ambitious we feel is next to i...


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The procedure followed to increase rents for commercial units managed b...


View From Arada

Ethiopians, like their government, are in overdrive, juggling between j...




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