Abay Mehari, a former vice president at the state owned Commercial Bank of Ethiopia (CBE), has been approved as Wegagen Bank’s new President, replacing Arega G. Egziyabher, the bank’s longest…
Dawit Yohannes, former Speaker of parliament, has died today in New York, at the age of 62. Dawit had served as Speaker of the house for two terms beginning 1995.…
A former senior government official under Mengistu Hailemariam (Col.), Legesse Asfaw, has died today while under the medical care of the Korean Hospital, in Addis Abeba. He was admitted to…
Tenants of the Federal Housing Corporation called for the injunction of the new rental fee amendment its executives made a couple of weeks ago. They have also declared that they…
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…
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 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…
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…
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…
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…
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…
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;…
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…
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…
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…
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…
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.…
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 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…
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…
Ministry of Revenues is forming an enforcement force tasked to fight contraband, Adanch Abebe, minister of Revenues disclosed today. The regulation that enables the Ministry to have such a force…
When Yeha Architecture’s Mahider G. Medhin, a radio host and expert on urbanization, spoke of the coming and going of foreign influence through the decades, he mentioned the Italians, the…
Judges at the Federal High Court have granted police a 14-day custody in the investigation of 26 officials from MetEC, suspected of grand corruption involving 37 billion Br in public…
The Parliament has approved the appointment to the 20 members of the national Census Commission. The members are composed of ministries, the Office of the Prime Minister and officials from…
Judges at the Federal High Court have ordered Police to present preliminary evidence showing probable cause from their investigations on Yared Zerihun, former deputy director of the National Intelligence &…
With a reformist administration in charge of the executive, there has b...
The new electricity tariffs that became effective on December 1, 2018,...
Who it is that midwifed the rapprochement between E...
Ethiopia’s economy is at a crossroads. The same old advice will not s...
A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...
The future is bleak. Millennials and younger generations who will inher...
There is heated debate on the propriety, decency and morality of breast...
