Tadesse Kassa, a.k.a Tinkishu, former CEO of TIRET, has been arrested this morning at his residence in Addis Abeba. His arrest was made about the same time of police arresting…
Fuel lines around gas stations, longer queues for public transport commuters and fewer vehicles on the roads characterised Addis Abeba last week. The culprit was another bout of fuel shortages…
Beginning this month, companies with higher electric power consumption will be paying their electric bills to Ethiopian Electric Power (EEP) rather than Ethiopian Electric Utilities (EEU). Though EEP asserts that…
Oromia Regional State suspended four tanneries in Modjo from operating until they build secondary wastewater treatment plants. The Oromia Environment Forest & Climate Change Authority ordered Colba, Hora, Jianxin Zhang…
The city administration is investing 10 million Br to install an information system that will record, store, interpret and analyse information about displaced farmers for redevelopment purposes. The system will…
Prosecutors brought two additional but separate corruption charges against Kinfe Dagnew (Maj. Gen), former head of the Metals & Engineering Corporation (MetEC), last week. The latest charges were filed against…
The juniper forests, endemic flowering plants, rare mammals and bird species found in the half century-old Bale Mountains National Parks are facing threats from growing human encroachment into protected areas.…
The government is drafting a new proclamation to form a body to be tasked with regulating the telecom and postal services and reports directly to the Office of the Prime…
Kinfe Dagnew (Maj. Gen), former head of the Metals & Engineering Corporation (MetEC), faced the first charge late last week along with seven co-defendants. The prosecutors charged Kinfe and other…
A judge at the Federal High Court summoned Mesele Haile (PhD), general manager of luxury brand Country Club Developers (CCD), to explain why the company failed to deliver six housing…
The Auditor General confronted the Ministry of Water, Irrigation & Electricity over the inflated costs of the Zarema Mayday and Megech irrigation dams, which have reached a total of 13.6…
The Ministry of Culture & Tourism has formed a new advisory group to carry out consulting duties for the Ministry on tourism issues. With 14 members, the advisory body is…
Bank of Abyssinia upgraded its data centre at a cost of 100 million Br. The bank is also in the final stages of launching a new core banking system. The…
The National Veterinary Institute is ready to begin production of animal pharmaceuticals at a plant in Bishoftu (Debre Zeit). The institute has been upgrading the existing plant that manufactures vaccines…
Zemen Bank, the 10-year-old private bank, posted a two percent growth rate in the last fiscal year. The bank reported 271 million Br in profit with a shareholder return of…
Nile Insurance’s net profit fell by nearly half last fiscal year and reached 63.5 million Br, the same figure it recorded in the 2015 fiscal year. The firm’s profit decline…
The government kicked off the second sanitation survey using 4,075 tablet computers procured for 2.1 million dollars by the African Development Bank (AfDB). To be held across the regional states…
Bruktawit Getahun, Betty G for her fans, would have loved to be around for the Battle of Adwa and thinks of robots as square and scary. Third daughter to her parents, anchored but not confined, there is not a challenge in her life she would rather not have faced. She waxes philosophically to describe herself and her life, recounting icons of the great musical Gold Age of Ethiopia as her dream collaborators. Her interest in music coasts between grunge, country, rock and pop, a style that inspires her work. Her career has been on an upward trajectory since the release of her first single in 2012. Her second album, selling around 30,000 copies, was released to acclaim, winning the 33-year old the best album award at the All African Music Awards last year. Betty, viewing the world from above the fray, sat down with FORTUNE’S OP-ED EDITOR, CHRISTIAN TESFAYE.
The Ministry of Innovation & Technology is revising its 15-year-old policy in a bid to digitise the nation’s economy. Revising the national science, technology and innovation policy in collaboration with…
Judges at the Federal High Court gave prosecutors 10 days to charge Kinfe Dagnew (Maj. Gen), founding CEO of the state military conglomerate Metals & Engineering Corporation (MetEC), who is…
The Oromia Revenues Authority is undergoing a massive restructuring, including transferring police and prosecutorial activities to the region’s attorney general. Initiated two months ago, the restructuring will be completed and…
As the Supreme Court held their third meeting ever last week, the justices sounded a clear note of alarm. Proclaiming the supremacy of the law, they announced that the independence…
Dashen Bank, one of the leading private banks, declared a 14pc increase in net profit, registering 904.3 million Br during the last financial year. The Bank’s earnings per share (EPS)…
The nation’s 13th liquor processing plant is on its way to joining the market with an estimated investment value of 350 million Br in Cheke kebele, Amhara Regional State. Komari…
A local trading company has invested 200 million Br to set up separate flour processing and biscuit manufacturing plants in Awash Melkasa town, seven kilometres away from Adama, Oromia Regional…
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...
