Fire Burns Properties, Vehicles


A fire incident in Bole District, Addis Abeba, damaged properties worth 1.7 million Br last Thursday. The fire burned four shops, one garage and two vehicles. The fire broke out…


State Bank’s Inflow of Currency Hikes

The amount of foreign currency that the Commercial Bank of Ethiopia exchanges for local currency went substantially up last week. The bank stated it is exchanging up to six million…


Farewell, Welcome

Prominent faces of the finance sector attended the joint farewell and welcoming party of the recent shake-up at the National Bank of Ethiopia (NBE) at the governor and vice-governorship positions…


Un-cobbled

Cobblestones on this shortcut that takes from St. Gebriel Church to Qera were removed to construct a drainage line on the side of the road. But given that it is…


Dirty River

This river near Ambassador Theatre, close to Taytu Street, has been a challenge to people residing and working close by. The rainy Keremt season, usually makes the river act up,…


Ethiopian, DHL Form Cargo logistics Provider

Ethiopian Airlines and Dalsey, Hillblom & Lynn Global Forwarding, generally known by its acronym DHL, have signed an agreement to form a joint venture company tasked with cargo logistics services…


Ministry Launches 700m Br Family Planning Project

Ministry of Health launched a family planning project last week worth 700 million Br, funded by the United Kingdom’s Department for International Development. The project will be implemented by Marie…


Procurement Agency Overachieves Target

Public Procurement & Property Disposal Service made procurements of goods and services worth 12.7 billion Br during the recently ended fiscal year. This year’s procurement, made for government institutions, shows…


UAE Grants 50.7m Br to build Shelters

The United Arab Emirates has pledged a 50 million Br donation for the construction of 1,000 shelters for the families of internally displaced people. The Red Crescent of the United…


Public Enterprises Nets 2.8b Br Profits

The Ministry of Public Enterprises declared 37 billion Br in revenue during the recently concluded fiscal year. The Enterprise earned 2.8 billion Br profit from products and 3.7 billion Br from…


WorldRemit Connects with Awash Bank

Awash Bank signs an agreement with WorldRemit, a service that allows people to send and receive money online. The partnership is expected to ease cash transfers to Ethiopia for the…


Port Massawa to Commence Service

The rehabilitation of the port of Massawa has been completed, and it is ready to begin service, according to the governor of the city, Layne Asfahayle. The governor stated that…


Fallen Pole

This pole, which fell on the roof of Tsegaye Asfaw’s house, has been left unattended by the power company for over two weeks even after it was reported. It remains…


Hard Days Work

After finishing their daily work, these women are returning to their residence in the Nifas Silk Laphto district. The women, who cook corn and sell them on the streets, are…


Holes, Poles, Lines

A dangerous hole that has been dug and left exposed along Sierra Leone Street, a.k.a Debreziet Road, is forcing pedestrians to tiptoe around it lest they fall in. The hole…


Electricity Export Generates $81.6m

Ethiopia’s electricity export to Sudan and Djibouti has generated 81.6 million dollars in the recently concluded fiscal year. The Ministry of Water, Irrigation & Electricity planned to sell 1.5 billion…




Editorial

Political transformation is unavoidably rocky, if not delicate. It invo...


Agenda

Oil transporters are up in arms over tariffs set by the Ministry of Tra...


Fineline

The cosiness between the Ethiopian authorities and...


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Commentary

The National Bank of Ethiopia has recently made available its fourth-qu...


Viewpoint

One hundred years ago today, at the 11th hour of the 11th day of the 11...


Opinion

The Addis Abeba Transport Authority and Ride, a popular and an up-and-c...


View From Arada

The private sector is more efficient and customer-oriented than governm...






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