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…
The lone local re-insurance firm, Ethiopian Reinsurance S.C (Ethio-Re), has reversed its loss record and registered a profit for the first time since its establishment two years ago. Ethio-Re reported…
One of the youngest entrants into the banking industry, Addis International Bank, registered a net profit of 112.9 million Br, an 18pc increase from the previous reporting period. Despite the…
In a move reminiscent of overnight capitalist reforms in the post-Soviet 90s, the Federal Housing Corporation sent letters to thousands of tenants of its commercial units in mid-December that sent…
The general assembly of Hidasie Telecom, a local telecom products and services distributor, was disrupted in a dispute following a demand by shareholders to remove the board of directors. The…
The state-owned military-industrial conglomerate, Metals & Engineering Corporation (MetEC), which has been in hot water for the past four months, is shrinking by reducing its staff size by more than…
The board of the Berhanena Selam Printing Enterprise, the state printing press giant, dismissed Teka Abadi, CEO of the Enterprise, effective Friday, December 29, 2018. Chaired by Worku Guangual, state…
Hyatt Regency is becoming the eighth international franchise hotel to join the hospitality industry in the capital with a soft opening to be held on December 31, 2018. Built to…
Judges at the Federal High Court gave prosecutors two-weeks press charges against 11 senior officials from the state military conglomerate Metals & Engineering Corporation (MetEC), who have been detained under…
Premium Switch Solutions (PSS), the electronic solutions share company that operates the electronic payment systems of six banks acquired Yoseph Kibret, former chief information system officer of Abyssinia Bank, as…
The City Small & Micro Enterprises Development Bureau is drafting a directive to compel small and micro-enterprises (SMEs) to upgrade themselves to medium level after five years of programme participation.…
The Accounting & Audit Board of Ethiopia (AABE) invested five million Birr to build a data centre that will store information on companies that report to the 12-member Board. The…
Two e-commerce platforms, which will enable online commerce locally as well as allow buyers outside the country to transact in goods available domestically, are set to be launched by Belcash…
Nib Insurance Company, one of 17 private insurance firms, paid out record high claims in the private industry during the last fiscal year. The firm registered 308 million Br in…
The Development Bank of Ethiopia received a new board of directors chaired by former senior staff of the United Nations, Tegegnwork Gettu (PhD). Tegegnework replaced Shiferaw Shigute and another six…
Prime Minister Abiy Ahmed (PhD) has appointed one of his aides to serve as the new investment commission, replacing Fistume Arega. Abebe Abebayehu, a lawyer by training, is the new…
Eyob Tesfaye (PhD), a macro economist working for the UN, has been appointed by the administration of Prime Minister Abiy Ahmed to serve the state owned Commercial Bank of Ethiopia…
With a reformist administration in charge of the executive, there has b...
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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...
