Abyssinia Ushers in Third Special Branch


Bank of Abyssinia, one of 16 private commercial banks, is all set to open its third special branch in two weeks. The new branch rests on a 492sqm area and…


Pharma Firms Conquer Price Gouging Legal Charges

Judges at the adjudicative tribunal of the consumer protection authority have ruled in favour of eight pharmaceutical product distributors and retailers charged with alleged price gauging. The tribunal rejected the…


Expressway Fully Equipped with Truck Weight Sensors

The Ethiopian Toll Road Enterprise, the operator of Addis-Adama Expressway, installed 19 weigh-in-motion sensors that will detect overloads throughout the expressway entrances. Since its launch in 2014, enterprise  one of…


Tax Season Taxes Gov’t, Payers

Tents could be spotted for much of July across the 10 districts of Addis Abeba. They were set up for the purpose of accommodating the thousands of category “C” taxpayers…


Ministry Eyes Drone for Medical Cargo

The Ministry of Health is collaborating with partners to develop and apply drone technology to distribute medical supplies and equipment to remote parts of the country. The ministry will begin…


Arbitration Court Upholds DP World’s Concession

Though Djibouti has rebuffed the trial and its outcome, an arbitration tribunal in London upheld the validity of the concession agreement DP World has with the nation to operate the…


Haile Hotels Extends to Debre Berhan

Haile & Alem International Plc, the operator of Haile Hotels & Resorts, is opening its ninth property in Debre Berhan, 130km northeast of of Addis Abeba, in Amhara Regional State.…


Bus Shelters to Receive Maps, Routes, Locations

500 Newly-installed bus shelters in Addis Abeba will acquire maps showing routes and current locations. A local information technology firm, Bandira Addis Map Entertainment Plc, will create the maps using…


Sheba Leather Puts Shoe Exports Back on Track

Sheba Leather Industries, one of 16 companies under the conglomerate of Endowment Fund for Rehabilitation of Tigray, has resumed exporting footwear after a five-year hiatus. In its first shipment since…


Bon Hotel’s Third Property Destined for Addis

Bon Hotels, a South Africa-based hotel management company, has partnered with a local property developer to triple its presence in Addis Abeba. Ayal Tizaz, a local businessman, invested 300 million…


Cost of Living Dips on Positive Speculation

Even though headline inflation has shown a slight dip in July 2018, reaching 14pc, it surpassed the average rate of the recently concluded fiscal year by one percentage point. The…


Government Privatisation Advisory Council Forms and Meets

Prime Minister Abiy Ahmed (PhD) set up an advisory council, consisting of 21 members.  The council will advise the government on the process of privatising state-owned enterprises. Council members, formed…


Diageo Introduces Apps to Authenticate Bottles

Diageo Ethiopia Plc, the owner of Meta Abo Brewery and representative office of Johnnie Walker Scotch Whisky, has introduced a new application to confirm products imported by authorized channels. The…


Semegnew Leaves Many in Grief, Doubt

Ethiopians are in shock and in a state of disbelief following the tragic death of Semegnew Bekele, chief engineer of the Grand Ethiopian Renaissance Dam.  He was found dead in…


New Medical Waste Incineration Centres Come to Ethiopia

Ethiopia is constructing the first eight medical waste incineration centres, disposal facilities of medicine and clinical wastes, for a total investment of 440 million Br. Financed by Global Fund, the…


Ministry to Construct New Health Posts

The government is investing 360 million Br to construct 100 health posts across nine regional states and in one city administration. The Ministry of Health will undertake the project with…




Editorial

Political transformation is unavoidably rocky, if not delicate. It invo...


Agenda

Oil transporters are up in arms over tariffs set by the Ministry of Tra...


Fineline

The cosiness between the Ethiopian authorities and...


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Commentary

The National Bank of Ethiopia has recently made available its fourth-qu...


Viewpoint

One hundred years ago today, at the 11th hour of the 11th day of the 11...


Opinion

The Addis Abeba Transport Authority and Ride, a popular and an up-and-c...


View From Arada

The private sector is more efficient and customer-oriented than governm...






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