Ethio-Eritrean Border Re-opening Fuels Trade


Following the normalisation of Ethio-Eritrean relations and reopening of the border, business activities at the boundary towns are flourishing after two decades of standoff. Major trading activities have been taking…


Nation’s First Drone Soars High

The Ministry of Science & Technology has successfully launched its first drone, carrying cargo weighing five kilograms and flying at 5,000m altitude. The Ministry invested four million Birr in the…


Ministry Fast-tracks Manufacture of Medical Equipment

The Ministry of Science & Technology is planning to initiate manufacturing of medical equipment in six months and a national steering committee has been formed to implement the plan. The…


New 10b Br Convention Centre to Rise in Addis

The Addis Abeba City Administration plans to invest over 10 billion Br for a new exhibition and convention centre to be built in the heart of the capital. The Convention…


Two Firms Place Lowest Offers to Supply Nation With Wheat

Amid shortages of wheat supply in the market, the government is spending 1.37 billion Br to procure 155,000tns of wheat. The wheat was tendered under two schemes by the Public…


Tourism Bureau to Switch New Library Location

The Addis Ababa City Administration Culture & Tourism Bureau is pondering switching the location of its planned central library from the current location in Yeka District to a new location…


City Code Enforcement Officers to Don New Uniforms

The city administration invested close to five million Birr to redesign the uniforms of 4,100 law enforcement officers to combat crimes committed by individuals donning similar uniforms to the ones…


Djibouti’s Takeover on Doraleh Fans Flames of Dispute with DP World

The dispute between DP World and the government of Djibouti is heating up following the recent move by the East African nation to take direct control of the disputed Doraleh…


Noah to Deliver 120 Homes Costing 200m Br

Noah Real Estate Plc, a sister company of Great Abyssinia Plc, is planning to deliver 120 homes for a total cost 200 million Br to owners on Sunday, September 16,…


Ministry to Seed New Forestry Roadmap

The nation is gearing up to adopt a new 10-year master plan for sustainable forest management. The draft master plan, National Forest Sector Development Program, is developed by the Ministry…


Rophnan: Roots with Rare Genre

Rophnan Nuri, Rophy, was only 16 when he started producing music, literally six years after his first performance before his classmates. The ninth child of a family of 10, he…


Teddy Afro, Joyous Event in a Fray

The artist Tewdros Kasahun, or Teddy Afro to his fans, and Joyous Event & Promotion, producers of his last Album ‘Ethiopia’, are embroiled in a tense dispute following an alleged…


Home Buyers Leverage Favorable Ruling

Justices at the Federal Supreme Court closed the fierce battle that raged between May Real Estate Development Plc and its 24 home buyers, ordering the may real estate to deliver…


Tax Appellate Commission Goes Operational

A new autonomous tax commission, given authority to hear grievances and appeals from businesses, has begun operations. The Tax Appellate Commission takes over the duties from the dissolved tax council…


Agency to Upgrade Accident Prone Roads for 220m Br

The Addis Abeba City Road Traffic Management Agency is set to upgrade accident-prone roads by installing and maintaining traffic lights, safety devices, signage and marking at a cost of 220…


Three Firms Vie to Supply Bunna with ATMs

Three companies are competing to supply 50 automated teller machines (ATM) to one of the new entrants to private banking, Bunna International Bank. The procurement, tendered last June, is expected…


Cost of Living Slightly Falls in August

Headline inflation, an indicator of the cost of living, dipped to an annual rate of 13.4pc last month, according to the latest report from the Central Statistical Agency. In August,…


Local Firms Seal Deal Worth 1.3b Br

Twelve local contractors and consulting firms completed deals to construct, design and supervise 26.4Km of new asphalt and gravel roads for 1.3 billion Br. The Addis Abeba City Road Authority…


Heineken Expands Qilinto Plant, Lifting Production by Third

Heineken Ethiopia is set to increase its production capacity by a third of its previous output. The new 126 million euro expansion that took 14 months, involved 1,500 people at…


In concert for a Cause

President Mulatu Teshome (PhD) (centre) visited the Gergesenon Association for Supporting Peoples with Mental Disorder, a charity located in Entoto, Addis Abeba last Friday. He was joined by veteran actor…


MetEC Undergoes Two-way Split

The Metals & Engineering Corporation (MetEC), the state-owned, military-industrial conglomerate, is splitting into two parts – commercial and defence – following an order by Prime Minister Abiy Ahmed (PhD). To…


Ministry Ponders Reforms to Overcome Downturn

The Ministry of Mines, Petroleum & Natural Gas is set to undergo a major reform by restructuring itself and introducing new policies in a bid to alleviate challenges in the…


Bunna Advances with New, Upgraded Electronic Services

Bunna Bank, one of the late entrants to the private commercial bank industry, is set to introduce three new services, upgrade its servers and install new switches for a total…


Gov’t Opens Bidding for Stalled Sugar Projects

The government dismissed Metals & Engineering Corporation (MetEC) from three sugar-factory construction projects that are underway and is considering awarding the work to Chinese firms for completion. The state owned…


PM-Led Committee Moves Boldly to Rescue Economy

The Macroeconomic Committee, chaired by Prime Minister Abiy Ahmed (PhD), have introduced major reforms that may succour the economy and the financial industry. The Committee, which met late last week,…




Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

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


Fineline

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


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Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




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