City Stadium Revamp Leaves Businesses Stranded


City Stadium Revamp Leaves Businesses Stranded

Businesses nestled around the Addis Abeba Stadium are set for relocation, as the protracted renovation of the sports arena nears completion. Last week, law enforcement officers cleared the area where bikes and automobiles huddled in the parking space, following orders from the Ministry of Culture & Sports. Officials at the Ministry have ambition to revamp the location's image to sporting standards. In line with that, bars around the stadium are also poised for replacement when the renovation process is completed, which has fueled anxiety among business owners. The Minister of Culture & Sports, Kejela Merdasa, indicated that bars are completely against the spirit of physical exercise and would be replaced by sport-oriented establishments. "We hope the Ministry of Transport figures out what to do with the bicycle associations," he told Fortune. Four long-standing parking service associations that have operated in the area for around a decade have witnessed their daily incomes slashed since last week as the number of vehicles allowed to operate declined. The area around the stadium has been home to informal driving instructors who have honed the skills of urbanites in the oval grounds for decades. Mulugeta Shere, who has been averaging a daily income of 2,000 Br over the years, has become paralysed with fear as the business neighbourhood he grew up in is rendered a relic of olden days. "We can't insist on anything because we're unlicensed," he said.


Radar

Railway Corp Launches Online Booking, Mandates Fayda ID for Travel

Ethio Djibouti Railway (EDR) SC announced the online booking platform starting in February for public passenger transport services. The EDR also announced that all travel bookings are mandated to provide Fayda, the national ID for booking and traveling. Takele Uma, CEO of EDR, stated that the company has diversified its business model due to the high demand for national cargo shipment and logistics service. EDR launched a three-year strategic plan last week aiming to introduce new capabili...


Radar

Ethiopost Embraces Space Technology to Revolutionize Mail Delivery

Ethiopost, the national postal service, signed a Memorandum of Understanding (MoU) with the Ethiopian Space Science & Geospatial Institute (SSGI) to modernize its delivery services, aiming to integrate advanced mapping and satellite technology into Ethiopost's logistics framework. By incorporating updated maps, Ethiopost seeks to improve door-to-door delivery services towards faster and more reliable delivery times. At the signing ceremony last week, Ethiopost CEO Dagmawi Hailiye stres...


Radar

Land Allocation Surpasses Target, Parliament Urges Timely Project Completion

The Ministry of Urban & Infrastructure provided over 11,000hct of land through allocation and bidding in regional and city administrations, surpassing the planned 7,000hct, according to the Ministry's half-year report. Parliament's Urban Infrastructure & Transport Affairs Standing Committee reviewed the Ministry's half-year plan performance report, urging the Ministry to ensure construction projects are completed on time and within budget. Minister Chaltu Sani also reported that 16 small...