Nahoo Launches First Shopping Channel


Nahoo Television has begun broadcasting the nation’s first shopping channel, mainly devoted to commercials, presentations and demonstrations of products. Nahoo invested 20 million Br in the channel, Mazesha Zone. The…


Censorship Over for Theaters, Films: Producers Rejoice

The Addis Abeba Bureau of Culture & Tourism lifted censorship of film and theatre productions effective October 5, 2018, stating that it is “conceding to the constitution”. The censorship was…


Finance Ministry Integrates Financial Systems Across Institutions

The Ministry of Finance & Economic Cooperation will launch an integrated financial management system in 125 federal institutions this fiscal year. Costing 29 million Br, the Finance Ministry expects the…


Local Firms Edge Out Competition to Build Terminal, Training Center

Two local construction firms made the lowest offers totaling 828 million Br to construct two separate projects in Qality: a transportation terminal and a transport management & traffic safety training…


Abiy Ahmed (PhD) has been reelected to chair the ruling EPRDF

Abiy Ahmed (PhD) has been reelected to chair the ruling EPRDF, carrying an overwhelming landslide victory of 176 votes from 177 council members. His deputy, Demeke Mekonnen has been reelected…


Development Bank’s Bad Loans Reach High

Bad loans at the state policy bank, Development Bank of Ethiopia (DBE), ballooned to an alarming rate of 39.4pc in the last fiscal year. Recorded previously at 25pc, the Bank’s…


Commercial Bank Reshuffles Top Brass

Ahmed Abitew, director of the state policy think tank, assumed board chairmanship of the Commercial Bank of Ethiopia, replacing Yinager Dessie (PhD), who was recently appointed governor of the National…


IMF Hails Ethiopia’s Reforms, Remains Optimistic

Despite the tough macroeconomic situation in the country, the International Monetary Fund team projected that the gross domestic product (GDP) of Ethiopia would grow by 8.5pc in the 2018/19 fiscal…


Ethics Commission to Oversee Liaison Officers

The government is drafting a new bill that mandates ethics liaison officers at government institutions to directly report to the Federal Ethics & Anti-Corruption Commission. Established a decade ago, ethics…


Central Bank Bumps-up Board Remuneration Caps

The National Bank of Ethiopia has raised the cap on remuneration for board directors at banks, insurance companies and microfinance institutions. The new directive signed by the new governor, Yinager…


Antex Weaves its Way into Adama Industrial Park

Antex Groups, a Chinese textile manufacturing company, has become one of the first firms to enter the Adama Industrial Park. Following a September 2017 agreement with the Ethiopian Investment Commission,…


Authority Lifts Fines on Diaspora with Expired Visas

The government has exempted Ethiopian diaspora from fines imposed when they overstay their visits to the country. Two weeks ago the Main Department for Immigration & Nationality Affairs, which operates…


Reshuffle Visits Fire, Emergency Prevention Authority

Deputy Mayor Takele Uma assigned Commander Ahmed Mohammed to head the Addis Abeba City Administration Fire & Emergency Prevention & Rescue Authority, replacing Amanuel Redda (Com). The new assignment, effective…


Transport Authority Joins E-Service Platform

The Federal Transport Authority joined the Ethiopian e-Services system, a government platform for online services, by placing over half of its services online last week. The Authority took 18 of…


For the Horn and Beyond

Foreign Affairs Minister Worqneh Gebeyehu (PhD), foreground, met his counterparts, Djibouti’s Mahmoud Ali Youssouf (far left) and Eritrea’s Osman Saleh Mohammed (centre-left), last week at Ethiopia’s Mission in New York.…


Holiday of Bonfires

Mired in political tensions, Ethiopians across the country celebrated Mesqel on Thursday, September 27, 2018, the annual festival of the faithful believe is the finding of the true holy cross…




Editorial

Many that followed Ethiopia’s politics for the past six months would...


Agenda

In a bid to boost the engagement of non-resident Ethiopians and increas...


Fineline

To the fury of British diplomats in Addis Abeba and...


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Commentary

Prime Minister Abiy Ahmed (PhD) last week attended the inauguration of...


Viewpoint

Every year on October 10, many people around the world mark the World D...


Opinion

We have become accustomed to spending a great deal of money on products...


View From Arada

Addis Abeba’s Light Railway has been pitched as one of the ways to ad...






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