Local Election Postponed to Next Year


The fifth local elections for Addis Abeba and kebeles across the country has been postponed to next year after MP voted today, with eight votes of abstaining. Officials from the…


Businessmen Fighting Corruption Charges Off Prison

Two prominent businessmen, Nega G. Egziabher, a major shareholder of Nesta Trading, and Gebreselassie Hailemariam, a.k.a Aleqa Gebreselassie, who controls major shares of Capital Hotel & Spa, were released yesterday…


No Breakthrough from Khartoum’s Tripartite Talk

A meeting between ministers of Ethiopia, Egypt and Sudan held in Khartoum over the impact of the Great Ethiopian Renaissance Dam (GERD) has come to an end but without any…


US Becomes First Western Country to Welcome the Installation of New PM

The United States is the first western country to welcome the installation of Abiy Ahmed (PhD) as Ethiopia’s Prime Minister. “We stand ready to support the government’s rapid implementation of…


Premier to Reshuffle Cabinet, Speaker to Change

Abiy Ahmed will have an appearance before MPs tomorrow, the first since parliament confirmed him as a Prime Minister on April 2, 2018, Fortune confirmed. The motion before Parliament has…


Abiy to Be Sworn in Next Monday

The newly elected chairperson of the ruling EPRDF, Abiy Ahmed (PhD), will be sworn in as Ethiopia’s next Prime Minister on Monday, April 2, 2018. The initial schedule was postponed…


Lufthansa to Start off Non-Stop Flight from Frankfurt to Addis

Lufthansa is to launch a non-stop flight from Frankfurt, Germany to Addis Abeba, for the first time since the German carrier began its flights 49 years ago. Lufthansa says it…


Electric Line Shock Blazes Kuriftu Adama

An electric line shock caused the fire accident that damaged 24 rooms at a hotel in Adama (Nazareth), a property under Kuriftu Resorts, Tadios Getachew, owner of Kuriftu Resort &…


Inflation Rears Its Head, Again

Headline inflation hits a record high in five years, reaching 15.6pc in the month of February 2018, latest consumer price index from the Central Statistical Agency (CSA). The rate, which…


OPDO Changes Guard at the Top

The Oromo Peoples’ Democratic Movement (OPDO), one of the constituent parties of the ruling EPRDF, has elevated its secretary to the position of the chairmanship. In an emergency meeting its…


Ethiopia Reinstates State of Emergency, Again

The Council of Ministers (CoM) has declared a state of emergency today, for the second time in a year. The decree was made public this evening after ministers discussed on…


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Agenda

The rapprochement between Ethiopia and  Eritrea has led to the signing...


Fineline

The Revolutionary Democrats concluded their council...


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The National Bank of Ethiopia needs to take measures to improve the red...


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View From Arada

The rallies of the past weeks are healthy manifestations of citizens’...






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