Draft Bill Up to Administer, Regulate Construction Machinery


After 18 years of the enactment of the proclamation, the Ministry of Construction (MoC) is in the final stage of drafting a regulation that mainly focuses on registration and control…


Nation to Get Third Expressway

The Ethiopian Roads Authority (ERA) is considering only Chinese companies for the construction of the nation’s third expressway, which will extend the Addis-Adama Expressway, with an estimated cost of 12…


ZEP RE Opens Ethiopian Office in Reinsurance Push

ZEP RE, a regional reinsurance company, has opened its office as a window of opportunity in Ethiopia’s closed financial sector, becoming the eighth office in Africa since its establishment in…


Sugar Corporation Set to Install Manag’t Software System

The Ethiopian Sugar Corporation is in the final stage of installing Enterprise Resource Planning (ERP), a management software used to manage businesses and automate office functions related to the technology,…


Ethiopia Goes Offline

  In the midst of a state of emergency, Ethiopia has disabled Internet access across the country, fearing students will be distracted by social media posts, marking the third big…


New Bottled Water Hits Market

Tamire & Family Plc, a distributor of beverages in Addis Abeba, unveiled Alpha bottled water with an investment cost of 83 million Br. The product hit the shelves of outlets…


Sabir Argaw Sees Significant Gains in Court Fighting Wilmar

Sabir Argaw has won a milestone ruling over his business partners, Wilmar, after judges at the Federal High Court passed a verdict yesterday, that they have the jurisdiction to litigate…


TOUGH JOB AHEAD

In the midst of controversy over its lack of fund and budget use, the World Health Organization (WHO) gets a new first ever state nominated Director General, Tedros Adhanom (PhD),…


Appellate Court of Highest Instance Upholds a 10m Br Award to Ermias, Tekle

Justices at the appellate court of the highest instance have dismissed an appeal by Zemen Bank to overrule a Supreme Court award of over 10 million Br to Ermias Amelga…


Credit Information System Fails Once Again

The National Bank of Ethiopia (NBE) credit information system, which enables all banks to access credit information of the spouse of a respective creditor has failed for almost two weeks,…


Abyssinia Bids to Begin Interest Free Banking Service

The Bank of Abyssinia (BoA) is set to launch Interest-Free Banking (IFB) service in the coming month as it has already submitted its proposal to the Central Bank for approval.…


Hyundai Set to Assemble Locally

After over seven years of importing vehicles to the local market, Marathon Motors Engineering Plc is to construct a commercial vehicle assembly plant in partnership with Hyundai Motor Manufacturing, in…


High Court Loses its Veteran Judge, Leul Gebremariam

The Parliament has removed Leul Gebremariam, a veteran judge at the Federal High Court, from his position after a controversial and non-unanimous vote on May 25, 2017. Leul was dismissed…


Gov’t Officials Subject to Taxation for Allowances

Government officials are going to be subjected to a tax of no more than 10pc of their gross salary for the fringe benefits – housing, telephone and electricity bills and…


Nib Auction Ends With Three Fold of its Par

Nib Insurance S.C.’s shares auction has attracted offers three times that of the Firm’s par value, pulling in the highest bid of 1,720 Br per share in the first round…


Ministry Urges Afar Salt to Improve Production

Following an order from the Prime Minister’s Office, the Ministry of Health (MoH) has directed Afar Salt Processing Company Plc to install salt cleaning and grinding machines in the next…


Editorial

Putting the enormous damage inflicted on the country aside, the ruling...


Agenda

Before the end of the current fiscal year, city officials are rushing t...


Fineline

The Ministry of Finance, one of the oldest institut...


Commentary

Rent-seeking behaviour is rational. Since the inherent rationality of i...


Viewpoint

A friend of mine who was recently hired as a general manager of a famil...


Opinion

The days seem to be changing. It is raining when it should not, and war...


View From Arada

The recurrent loss of the national football team concerns and embarrass...


Editors Pick














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