Haile Resorts Reopens Ziway Location

Nov 28 , 2020


[ssba-buttons]

Haile Hotels & Resorts, founded by Olympic record holder Haile Gebreselassie, has announced that it is reopening its Batu (Ziway) location this week. The location has been closed ever since it sustained heavy damage during the wide-scale destruction, looting and violence that occurred after the death of singer Hachalu Hundessa in late June of this year. The resort, which was first established in 2014 with an investment of 225 million Br, was subject to looting and arson during the unrest. The hospitality firm promised to have the location up and running quickly during a statement made at the opening ceremony of its seventh, and latest, location in Adama in early September. The location will resume operations following a reopening ceremony on December 1, 2020, less than half a year after its closure. While 80pc of the Batu location was destroyed in the unrest, the resort in Shashemene suffered almost complete destruction with only its gates left standing after an arson attack during the same period. Haile Hotel Shashemene was first opened in 2013 with an estimated investment of 130 million Br and was operating with a total of 130 employees before it was razed to the ground.


Radar

New Directive Tightens Rules for Foreign Employment Agencies

The Ministry of Labour & Skills has issued a directive under the Ethiopian foreign employment framework, setting clear standards for agency size, capital, and operations. Depending on their level, newly established agencies can serve between 10 and over 100 workers a day. Office space requirements range from 100sqm to 700sqm, tied to operational scale. Level-one agencies must hold a paid-up capital of 20 million Br and place a security deposit of 250,000 dollars or its birr equivalent...


Radar

Audit Findings Expose Deepening Gaps in Accountability

A new study reveals that audit irregularities in Ethiopia have continued to rise year after year, driven by weak enforcement and unresolved legacy problems. The finding, commissioned by the Office of the Federal Auditor General (OFAG) and conducted by independent researchers from Addis Abeba University, examined audit reports covering 2009–2023. The study attributes the persistent irregularities to limited accountability, poor follow-up, and reduced audit coverage during political transitio...


Radar

Africa Maritime Conference Sets Sights on Seafaring Innovation

The Ministry of Transport & Logistics has launched the first-ever Africa Maritime Conference, marking a bold move to position landlocked Ethiopia as a continental hub for seafaring innovation at a time of global talent shortages. At a pre-conference briefing, Frans Joubert, CEO of YCF Manning Ltd, underscored Africa's untapped potential in the maritime sector. Of the 1.9 million seafarers worldwide, only four percent are African—despite the continent hosting around 150 maritime academie...