DUSTY DAWNS


DUSTY DAWNS

A woman collects remnants of her former business amidst the rubble around the Mebrat Hail area. A task force swept through the capital last week, demolishing what it considers informal and illicit vendors largely working within tents pitched on the side of main roads. Several estimates swing around 40pc as to the size of the informal sector in the Ethiopian economy, with less than one percent having insurance and around 10pc having access to formal credit. In an effort to increase the tax-to-GDP ratio of the country from six percent, a concerted effort has been launched to levy new taxes and also bring more businesses into the formal sector.  


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Tech Expo to Spotlight Digital Future, Emerging Technologies

An expo set on capitalizing on Business Process Outsourcing (BPO)—Future Tech Addis Expo 2025—is set to take place at Skylight Hotel in February. Organized by RCNDC Consultancy in partnership with the ministries of Education and Innovation & Technology, the expo seeks to demonstrate technology's role in driving socio-economic development, featuring exhibitions of the latest tech advancements, panel discussions with experts, hands-on workshops, and networking opportunities. Hackathons wil...


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Ministry Leads New Climate Reporting System

The Ministry of Planning & Development launched an integrated system for measuring, reporting, and verifying greenhouse gas emissions, as well as monitoring and evaluating climate change implementation. The integrated and harmonized national measurement, reporting, and verification (MRV) and monitoring and evaluation (M&E) system, was announced at a program held at the Radisson Blu Hotel on Tito St. last week. State Minister Seyoum Mekonnen clarified that the Ministry is solely respon...


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Haile Hospitality Expands with New Jimma Resort

Haile Resort Jimma, the tenth destination in the 15-year-old Haile Hospitality Group, was inaugurated last week at a cost of 1.7 billion Br, with financing sourced internally. Located 350km southwest of Addis Abeba in Jimma, in Oromia Regional State, the hotel spans 16,000sqm with a total built-up area of 15,300sqm. The resort boasts 105 rooms, two villas, five conference halls, and four restaurants, as well as other recreational facilities. The construction of the hotel took one and a half y...