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Aug 29 , 2020

Customs Commission Set to Go Online

As of the coming Ethiopian New Year, companies in the import and export business will be able to process and secure permits and pay duties and tariffs online, according to the Ethiopian Customs Commis...

Aug 29 , 2020

New Law Lights up Start-up Scene

A bill that proposes the formation of the National Start-up Council, which will be tasked with overseeing resource mobilisation for entrepreneurs and start-ups, is making headway in the drafting proce...

Aug 29 , 2020

Agencies Team up to Launch Multimedia Content

Two federal government agencies working in the field of education have partnered on a project for the creation of digital multimedia content for higher learning institutions. The project focuses on co...

Aug 29 , 2020

Institute Releases Improved Crop Varieties

The Ethiopian Institute of Agricultural Research has availed 28 new improved varieties of grains, vegetables, fruits, pulses and oilseeds, which are five to 10pc more productive compared to the seeds...

Aug 22 , 2020

HOUSING REDUX

In a fairly packed Sheraton Addis last week, Eyob Tekalign (PhD), state minister for Finance, Demitu Hambisa, head of cabinet affairs and board chair of the Federal Housing Corporation, Aisha Mohammed...

Aug 22 , 2020

City Municipality to Get Major Facelift

A Dubai-based construction company has begun revamping the Addis Abeba Municipality headquarters for 1.8 billion Br. Involved in the refurbishment of the office of the Prime Minister, ALEC Engineering...

Ethiopian Walks a Tightrope on Employee Furlough

Ethiopian Airlines, the national carrier, introduced mid-month rotating furlough leave for its entire staff at the beginning of this month. The company, which lost a little over half a billion dollars...

Aug 22 , 2020

Ethiopia to Secure Second Tranche of IMF Funding

Ethiopia is set to receive close to 210 million dollars as the second disbursement of a three-billion-dollar programme with the International Monetary Fund (IMF), pending approval by its executive boa...

Aug 22 , 2020

Ethiopia Launches Insurance for Low-income Citizens

A new directive issued by the National Bank of Ethiopia (NBE) has activated the microinsurance industry, which provides coverage to the low-income segment of the population. Coming into effect Augu...

Aug 22 , 2020

Construction Ministry Tightens Grip on Expat Employees

Non-nationals who apply for a work permit to engage in the construction sector must get a recommendation letter from the Ministry of Urban Development & Construction, according to a new directive...

Aug 22 , 2020

Tigray State Digitises Land Management System

Tigray Regional State has invested 2.5 million Br to digitise its urban land management system, which enables users to apply for land lease and landholding certificates. Software developers from th...

Aug 22 , 2020

Ethiopia Waiting in Wings to Earn Safe Travel Stamp

Ethiopia has written a mandatory National Safe Travel Protocol to obtain a safe travel stamp, an accreditation given by the World Travel & Tourism Council to the countries that adopt standardised...

Aug 22 , 2020

FAO Backs Fight to Contain Locust Invasion

The Ministry of Agriculture has received 40 pickup trucks in its fight against the spread of desert locusts. The vehicles will enable the Ministry to spray farms and conduct ground surveillance. Do...

Aug 17 , 2020

Premier Kicks off Three Tourist Site Redevelopment Projects

Three billion Birr is planned to be raised at a fundraising gala dinner in order to fund redevelopment projects. Prime Minister Abiy Ahmed (PhD) has formed a national committee that intends to mobi...

Aug 16 , 2020

MARCH TO NEW BEAT

Finance Minister Ahmed Shide (left) and Deputy Prime Minister Demeke Mekonnen stride confidently following one of many meetings being held to discuss the nation's development plans. Federal government...

Aug 16 , 2020

Bill Enables Banks to Borrow Forex from External Sources

Banks can now borrow foreign currency from international financial institutions and lend the forex to companies that engage in foreign currency generating activities. Drafted by the National Bank o...


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