NEW CABINET, NEW MOTION


Muferiat Kamil (left), a newly appointed head of the newly established Ministry of Peace, which will oversee the Information Network Security Agency and the National Intelligence & Security Service among…


MetEC Loses Another Mega Project

The state-owned military-industrial conglomerate, Metals & Engineering Corporation (MetEC), has lost another contract,  Yayu Multi-Complex Industries. This is the latest mega project terminated by government action. The decision to cancel…


New Procedures Intercept Tax Exemption Abuses

In a bid to ensure transparency, the government has introduced a new system that compels public institutions to submit quarterly reports of tax holidays and incentives they grant investors. The…


‘Competence, Gender Constitute’ Cabinet

The new cabinet composition of Prime Minister Abiy Ahmed`s (PhD) administration, formed based on gender equity and competence, brought in 10 new faces to ministerial posts. The new cabinet also…


Orchid Loses Fierce Court Battle Over Machinery

Justices at the Cassation Bench of the Supreme Court closed a five-year court battle between former business partners over machinery ownership, awarding Yonas Kassahun three pieces of construction equipment valued…


Parliament Digitalises Operations

Parliament has undergone a thorough digitisation process in a bid to expedite the execution of its responsibilities and to bring about transparency at a cost of seven million Birr. It…


Corporation Swallows Product Supplier

The Federal Housing Corporation is reviewing its structure on how to accommodate employees from the now dissolved Building Materials Supply Enterprise. The restructuring is expected to be completed in the…


Nib Picks Contractor for HQ after Three Tries

Nib Insurance hired China Communications Construction Company (CCCC) to construct its head office. The agreement will cost the 16-year-old private insurance firm 812 million Br after a negotiated discount of…


Agency Inks Pact to Break Ground on 25 Silos

Cooperatives across the country will soon get grain silos to be constructed at a cost of 22.4 million Br. Four regional states will see 25 silos constructed between them by…


One Water Ploughs into Expansion

Mogle Bottled Water Manufacturing, bottler of One Water, is set to triple its production capacity and manufacture plastic bottles and caps. The expansion will enable the company to bottle 96,000…


Ethiopia Regulates Lead-Based Paints

Ethiopia is soon to ban the import of lead-based paints containing more than the maximum allowable lead content. The Council of Ministers has approved a regulation drafted by the Ministry…


Conte Bears Peace, Dev’t

Italy`s leftist leader, Giuseppe Conte, was received in Addis Abeba last week by Prime Minister Abiy Ahmed (PhD) and his senior ministers at the start of Conte`s two-day visit here…


Ethiopia Treads into Nuclear Energy

A Legislation is making its way through the Council of Ministers (CoM) that would regulate the use of nuclear energy in Ethiopia. It would also re-establish the existing Ethiopian Radiation…


MetEC to Start Afresh with New Name

Metals & Engineering Corporation (MetEC), the state-owned military-industrial conglomerate, is changing its name to National Industrial Engineering Corporation, and narrowing down its activities to the manufacturing of industrial products only.…


Berbera Port Expansion Kicks-off in Ethiopia’s Absence

Phase one construction work on the development of the Berbera Multi-Purpose Port has started with a ground-breaking ceremony held in Hargeisa without the presence of delegates from Ethiopia, which owns…


Ministry Lifts Quality Inspections of Solar Products

Effective September 27, 2018, importers of solar energy appliances are no longer subject to quality assessment processes and invoice guarantee payments. The Ministry of Trade exempted importers from payments made…


Enterprise Extends Contract Period for TACON

The completion period for the stalled headquarters building of the Ethiopian Shipping & Logistics Services Enterprise has been extended for an additional six months. The Enterprise and contractor Tekleberhan Ambaye…


Wegagen Fronts 98.8m Br to Digitise HQs

Two local companies and partnership with one foreign firm have been recruited to build a 98.8-million-Br data centre facility and to install network and security systems for the newly built…


Trio Link Up to Develop High-end Real Estate

Two international investors and one local company have teamed up to develop high-end real estate in the capital. Rockstone Real Estate, a German real estate company, in partnership with Schulze…


Regional Labour Union Comes to Life

Member states of the Intergovernmental Authority on Development (IGAD) are set to form a regional labour union in Addis Abeba at the end of this month. The idea of establishing…


Transport Employers Jump-start Federation

Employers in the transport industry have formed, the Ethiopian Transporter Employers Federation, during a ceremony held at Capital Hotel & Spa last August. The Federation aims to modernise the nation’s…


Bureau Terminates 84 Mining Concession

Oromia Water, Mineral & Energy Bureau terminated the exploration and extraction concessions of 84 mine developers and operators in mid-September. The firms were unable to execute their duties, failed to…


In the Absence of Founding Fathers

When Hawassa, capital of a Southern regional state, hosted the 11th congress of the ruling EPRDF last week for the third time in the post-Dergue era, none of its 20…


Headline Inflation Slides Despite IMF’s Worry

Though the International Monetary Fund indicated that inflation could remain a source of macroeconomic risk this fiscal year, the government has reported that the rate dropped to 12pc in September…


Former Dam Chief Back in Driver’s Seat

Kifle Horo, former head of the Grand Ethiopian Renaissance Dam, has been named the new chief engineer of the project, replacing the position held by the deceased Simegnew Bekele. Ethiopian…




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

Desert Locusts have been costly to combat, because efforts are made aft...


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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