Fed, Regional Governments Reshuffle Officials

Nov 30 , 2019


Prime Minister Abiy Ahmed (PhD) appointed Ahmed Tussa, former CEO of the Ethiopian Shipping & Logistics Services Enterprise, as director-general of Metals & Engineering Corporation (MetEC). Ahmed was appointed to the Corporation in charge of the industry sector. Along with him, Prime Minister Abiy appointed two more federal officials, effective from November 28, 2019. Alemu Seme (PhD), who was the head of the Oromia Water, Mines & Energy Bureau, was appointed as a sector coordinator for the Democracy Process Development Coordination Centre with the rank of minister. The Oromia Regional State Government also re-shuffled six individuals to different positions. Addisu Arega, who has been serving as head of the ODP's Rural Organisation & Political Department Bureau, was named as a coordinator of social sector with the rank of deputy chief administrator. Chaltu Sani was appointed as a coordinator of the economic sector with the rank of deputy chief administrator, while Kassahun Gofe and Fekadu Tessema were named as head of Oromia Revenues Authority and head of ODP's Party Secretarial Office, respectively. Sadat Nesha and Abera Worku also become head of urban political mobilisation at the office of Oromia’s Democratic Party and head of rural political mobilization at the Party, respectively.


Radar

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Ministry central to the country's tech-driven growth ambitions. According to the Federal Auditor General, the Ministry has completed only 11pc of its planned projects with its overall financial administration standing at 37.4pc for a year-long project that commenced in 2022. Budget mismanagement an...


Radar

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The National Bank of Ethiopia's (NBE) monetary policy committee cited ongoing concerns over inflation, which stood at 19.9pc year-on-year (YoY), and liquidity imbalances as reasons to uphold the restriction on lending. Bankers and analysts interpret this move as evidence of regulators' determination to...


Radar

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to merge the telecom's fiber broadband and mobile network with DStv's content. Subscribers can access DStv channels through mobile data or fiber broadband bundles, with discounts of up to 35pc through Telebirr or My Ethiotel (*999#) and up to 26.5pc at sales centers for fiber broadband bundles. Acc...