Commission Lunches Corruption Survey

Feb 22 , 2020

The Federal Ethics & Anti-Corruption Commission announced that it has started a national survey to look into the impact of corruption in Ethiopia over the past decade. The survey was launched last October and is scheduled to be completed this June. It will reveal the level of corruption in the country, the types of corruption and the key sectors that have been affected. It will also detail the extent of the threat that corruption poses to the nation's economic, political and social development. It is also expected to identify gaps in the ongoing efforts to fight corruption and suggest mechanisms that might be more effective. The surveys findings will be used to design a ten-year national anti­-corruption strategy. The 2019 Transparency International Index ranked Ethiopia as the 96th least corrupt nation out of 180 countries. The country has improved 18 ranks from its 114th position in 2018.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...