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…


Dedicated Talent Academy Crops up in Burayu

The government announced that the first talent youth academy for tech-savvy, math and science enthusiasts will be established in Burayu town, Oromia Regional State. The 1.1-billion-Br academy will occupy 7.2ht…


Oldest University Set to Curb Plagiarism

Three local software companies are competing for a bid to supply, install and commission plagiarism checking software at the oldest university, which has faced problems with duplication of research work…


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…




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

Ethiopia’s economy is at a crossroads. The same old advice will not s...


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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