Zemen Complies with Card Payment


Zemen Bank has obtained certification from the global payment card industry data security compliance. The system enables the Bank to process card payment systems. The cards includes debit, credit and…


Police Begin Pulling Over Code-3 Taxi Providers

Police have started citing code-3 vehicles that offer taxi services beginning last week. The measure comes shortly after the city Transport Authority’s decision to prohibit the use of code-3 vehicles…


Lufthansa Kicks off Addis to Frankfurt Flight

Lufthansa, the German airline, inaugurated weekly non-stop flights between Addis Abeba and the German city of Frankfurt on Monday, October 29, 2018. Prior to this change, the flight from Addis…


Turkey Eyes Ethiopia for Industrial Park

Turkey plans to build an industrial park estimated to cost 750 million euros in Tigray Regional State. It is expected to be situated on 500ha in the town of Ade…


Authority Prohibits Impotency Drugs

Food & Drug Authority (FDA) prohibited the sale of sildenafil citrate, tablets known by the trade name Vega, without a physician’s prescription. The drugs are used to treat male impotence,…


Export Generates $628m in First Quarter

Ethiopia earned 628 million dollars from the export of goods in the first quarter of this fiscal year. Out of 123 countries Ethiopia exports to, Somalia was the number one…


Nation to Increase Electricity Tariffs

The Ethiopian Electric Utility announced new electricity tariffs for its residential customers. The tariff increase will be implemented in four different phases to ease the burden on customers. The phases…


Nation Records Single-Digit GDP Growth

The Planning & Development Commission has reported that the nation recorded one of the lowest growth rates over the past decade last fiscal year, 7.7pc. This is in contrast to…


MODEL HOUSE

A little boy in Bekoji wereda in Oromia Regional State’s Arsi Zone spends the day looking after his family’s sheep. As a side hobby, he also builds small amateur models…


TALL AND HEAVY

Addis Abeba, being one of the city’s where construction is booming, has its fair share of heavy trucks snaking their way along the streets. This Isuzu is carrying goods as…


‘NORDIC SOLUTIONS’

The embassies of Sweden and Norway held a business seminar dubbed “Nordic Solutions for Business Development” at Sheraton Addis on October 24, 2018. Nordic companies’ experiences in Ethiopia, the importance…


Authority Digitizes Cargo Handling System

The Ethiopian Maritime Affairs Authority has launched software that digitises its cargo handling system. The country’s logistics service has had many challenges due to the manual system, according to Mekonnen…


Office Announces $7b PPP Projects

Ethiopia’s Public-Private Partnerships Office announced seven billion dollars worth of new road and power supply projects. The Office said the three road and 14 power projects would be launched this…


Authority Repairs Merkato Road

Addis Abeba City Road Authority is set to repair seven kilometres of damaged roads located in Merkato, the largest open marketplace in the capital. The plan includes repairing asphalt roads…


Entrepreneurship NGO Opens Office in Addis

The Centre for International Private Enterprise has opened a regional office in Addis Abeba in a bid to coordinate its African programs. The office will coordinate programs in Sudan, Kenya,…


City Kicks off Four Road Construction Projects

The Addis Abeba Road Authority is launching the construction of four road projects in the capital for a total cost of 833 million Br. This fiscal year, the Authority plans…


Telecom, Power Providers Agree to Share Resources

Ethio telecom and Ethiopian Electrical Utilities have agreed to share resources to curb the network quality problems caused by power interruptions. Based on their current arrangement, Ethio telecom will fulfill…


Cooperative Bank Joins WorldRemit

Cooperative Bank of Oromia, a private commercial bank, has partnered with WorldRemit, a money transfer agent. The partnership will digitize the cash transfers to Ethiopia from the diaspora community through…


City Takes Measures against Illegal Shops

The Addis Abeba Trade Bureau announced that it had taken action on cooperative union shops that were selling expired food and sanitary products. The office shut down four shops that…


UK-Ethiopia Forum

The UK-Ethiopia Trade & Investment Forum was held in London on October 16, 2018. Despite an earlier plan to see the participation of high-level administration officials such as Foreign Affairs…


11th Flag Day

President Mulatu Teshome (PhD) hangs the Ethiopian flag in parliament as members and guests observe the 11th Flag Day. It was celebrated in the compound of parliament, located along Lorenzo…


A Wide View

It is not always that the space in front of the old Ethio-Djibouti Railway station in Leghar can be seen clearly. Usually, the old station is overcrowded by buses. Last…


City Bans Commercial Cars from Rental Business

Addis Abeba City Administration Driver Vehicle, Permit Control & Authority has banned vehicles with code 03-plate numbers from rental business. The ban came into effect with a circular issued by…


Parliament Dissolves, Creates Gov’t Institutions

Parliament has approved the proposal to merge and dissolve 12 institutions and form five out their parts. Accordingly, the new cabinet merged ministries of Urban Development & Housing with Construction;…


Awash, Ethiopian Associate for E-ticketing

Awash Bank has signed an agreement to be an intermediary for flight payments with Ethiopian. With an integration through the Flo Cash System, Awash enables its users to book flights…




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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