FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Council Approves Bill to Improve Land Compensation

May 25 , 2019


[ssba-buttons]

The Council of Ministers is pushing a bill that determines compensation rates for occupants during relocation from their land tenures. The draft proclamation is aimed at revising the 13-year-old compensation proclamation, which is outdated and would not go in line with the current land development and management system of the country, they said. The Ministry of Urban Development & Construction has devised the draft proclamation, taking into consideration the constitutional rights of the relocated people and ensuring fairness and objectivity during the transfer of the rural and urban plots for public use. These days there are grievances raised in different regions over the displacement of farmers paid with inadequate compensation of land far from their plots. The nation plans to benefit settlers from the new infrastructure developments being built on their land, instead of moving people to a new location. According to the city’s land regulation, the current rate of compensation for a farmer in Addis Abeba is 82 Br for a square meter when expropriated. The Council has discussed and finally directed the bill for further deliberation and legislation to parliament with some adjustments incorporated in the bill.


Radar

Customs Commission Puts Government Transactions on Mesob

Public institutions must now process customs-related transactions through Mesob, a new electronic platform introduced to reduce manual procedures in government trade operations. The Customs Commission has directed the institutions to use the platform for customs clearance, transit processing, import and export procedures, transaction verification, and related services. Mesob became operational for public institutions on July 20, 2026, for customs services. Institutions must complete intern...


Radar

Addis Grants Extra Month for Residential Lease Renewals

Landlords and tenants in Addis Abeba have an extra month to renew residential lease agreements after the City Administration extended the registration deadline from August 6 to September 5, 2026. The Addis Abeba Housing Development & Administration Bureau attributed the extension to public requests for more time. Officials said it would ease congestion at registration centres and allow residents to complete the process more conveniently. The renewal exercise began in early July, follow...


Radar

Government Procurement Goes Digital with 597b Br Turnover

More than 597 billion Br in government purchases passed through Ethiopia's electronic procurement platform during the 2025-2026 fiscal year, widening the use of digital systems in public finance. The platform was used by 172 federal institutions and 196 affiliated entities during the year. More than 135,000 suppliers were registered to provide goods and services through the system, which is intended to improve transparency, accountability and efficiency in public procurement. The governmen...