Overseas Employment Minimum Wage Set


Ethiopia and Saudi Arabia have set 1,000 Saudi Riyals as a monthly minimum wage for domestic workers. The agreement was signed between Ergoge Tesfaye (PhD), Ethiopia’s minister of Labor &…


Chinese Firm to Supply GERD Turbines

Ethiopian Electric Power (EEP) has awarded Voith Hydro Shanghai, a German-based Chinese firm, a 77.9-million-dollar deal to supply, install and test six turbine generators for the Great Ethiopian Renascence Dam…


DRAGONS AND EXPORTS

Antex Groups, a Chinese manufacturing firm, exported its first batch of textiles produced in its plant at the Adama Industrial Park. The event was highlighted by traditional Chinese dragon dances…


Laying Low

Goats, some having dozed off and others laying low, have parked themselves under a truck around Gofa Condominium. They usually have free reign to wander around and hang out within…


Qolo on the Way

Women are separating barley seeds from their husks after drying in the sun along a street in the Bale Mountains in the Oromia Regional State. The seeds are then roasted…


Corp’n Alters Rental Fees, Payment Modality

The Federal Housing Corporation altered a rental fee increase it made on non-commercial units and extended payment modalities for commercial units. The Corporation slashed the fee it imposed on NGOs,…


Police Detain Suspects of Coop-Bank Robbery

Police apprehended over 100 individuals suspected of an alleged robbery of 80 million Br from Cooperative Bank of Oromia’s cash transporting vehicle on December 28, 2018. The vehicle, patrolled by…


Authority Lifts Ban on Rani Juice Import

The Food & Drug Authority (FDA) concluded the dispute that has lasted two years with Saudi businessman Awujan Rani, a mango juice manufacturer. The product, Rani Mango’s import was suspended…


Ministry Brings Soybeans, Chickpeas to ECX

The Ministry of Trade & Industry has mandated that soybeans and chickpeas only be traded through the Ethiopian Commodity Exchange (ECX). The decision was made by the Ministry on December…


Chinese Firm Makes First Shipments Worth $100,000

Antex Groups, a Chinese textile manufacturing company that operates in Adama Industrial Park, made its first shipment of textiles valued at 100,000 dollars. The company exported a container of swimwear…


Chinese, French Firms Seal Turbine Supply Deal

Ethiopian Electric Power has awarded Chinese and French firms contracts to supply 13 turbines for the Grand Ethiopian Renaissance Dam. The project was initially awarded to Metals & Engineering Corporation…


Nation’s Exports Under AGOA Show Significant Rise

Ethiopia’s exports under the African Growth and Opportunity Act (AGOA), a US law, increased by 62pc since last October 2017. In the reported time Ethiopia exported 137 million dollars worth…


Deep Ditch

Two children on the outskirts of Bale Goba in the Oromia Regional State play near the main road. They are perching on the edge of a deep ditch, with precariously…


Seat for sale

A street vendor carries his merchandise along a stick on his shoulders in the area close to Addis Abeba Stadium. The merchandise are tuffets, low seats, the type that are…


Quarterly Report

Jembernesh Kinfe (left), deputy chairman of the Environment Protection Standing Committee, Sileshe Bekele (PhD), minister of Water, Irrigation & Electricity, and Roman Gebreselassie, head for the Office of the National…


Despite Swell of Transactions, Eth-Switch Declares Loss

Eth-Switch S.C, a consortium of all banks established to integrate the national electronic payment system, reported 14.4 million Br in losses in the last financial year. This is the second…


Corruption Crack Down Nets More Suspects

A total of 77 current and former officials in Oromia Regional State have been arrested over suspicion of corruption, and most of the suspects arrested have already appeared in court.…


Ministry Eyes Drones for Mining

Two federal ministries, the Ministry of Mines, Petroleum & Natural Gases and the Ministry of Innovation & Technology, have joined in agreements to use drone technology for mineral and natural…


Hawassa Industrial Park Generates $38m

The Hawassa Industrial Park earned 38 million dollars in the last two years through exporting textile goods. The forex was earned from the production of 20 local and foreign firms…


Enat Bank Joins ECX

Enat Bank has become the last private bank to partner with the Ethiopia Commodity Exchange (ECX) to run transactions. The agreement was signed between Wendwosen Teshome, president of Enat, and…


ILO Launches Job App

The International Labour Organisation launched a new mobile application called SIRA, which aims to support returnees from external migration search for jobs. The application is in the fourth phase of…


Ministry Reports 11.3b Br Audit Gap

The Ministry of Revenues has reported that it has detected a 10.6 billion Br and 706 million Br audit gap at the 17 branch offices and at the head office…


CONSTRUCTION ACCIDENT

A daily labourer fatally fell to his death from a building construction site in front of Flamingo Restaurant on Africa Avenue on December 15, 2018. Police arrived on the scene…


60-year Anniversary

The Economic Commission for Africa celebrated its 60th anniversary attended by  (third from left) Vera Songwe, executive secretary of the UN body; Kwesi Quartey, deputy chairperson of the African Union…


NEW PARKING SPOT

A plot of land close to Friendship Hotel, along Africa Avenue, that had been fenced off until recently opened as a parking lot. The lot is being run by a…




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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