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May 4 , 2024

Irrigation Dreams Drag in Design Ditches

Dreams of an agriculture sector unshackled from the whims of rain remain tethered to the struggling Ministry of Irrigation & Lowlands. A scathing parliamentary nine-month review exposed a meagre t...

May 4 , 2024

Fed Ponders Mandatory Construction Software for Large Public Projects

Large public projects exceeding 250 million Br will be required to use Building Information Modelling (BIM) software that integrates design, construction, logistics, operation, maintenance, budgets, a...

May 4 , 2024

Sowing Seeds of Hope with Policy Harvests

A new agriculture policy, spearheaded by Minister of Agriculture Girma Amente (PhD), has made its way to Parliament, signalling a shift towards a market-driven approach aimed at revamping the sector....

Central Bank Clamps Down on Exports to Fight Missing Millions

The National Bank of Ethiopia (NBE) has restricted the use of Cash Against Documents (CAD) for exports to Sudan and Somalia. This move comes after identifying a discrepancy between the value of export...

Apr 28 , 2024

UNIVERSITIES CUT CORNERS WITH LEAN CUISINE

A dire situation unfolds across public universities, where students face the harsh reality of declining food quality and quantity, a problem seen as a manifestation of a broader crisis across the high...

Apr 28 , 2024

EU Firms Cry Foul Over Tax Appraisers Less Predictable Than the Weather

A European business lobby in Ethiopia issued a scathing review of the tax system last week, exposing a series of deficiencies that purportedly drive some of its members out of the country. The lobby g...

Apr 28 , 2024

Supreme Court Rules for Appellant in Cosmo Trading Share Sale Dispute

The Federal Supreme Court has recently ruled in the prolonged commercial dispute surrounding the share sale agreement of Cosmo Trading Pvt. Ltd, favouring appellant Azeb Mihretab, the founder of JJ Pr...

Apr 28 , 2024

Fed Slams Driving Schools for Accidents

Transport authorities placed blame on driving schools and vehicle inspection centres for a recent surge in traffic accidents. This comes as traffic penalties have doubled to over 1.1 billion Br in the...

Apr 28 , 2024

Addis Abeba Taps Private Sector for Water Relief

Faced with a rapidly growing population and limited water resources, the Addis Abeba Water & Sewage Authority (AAWSA) is taking a bold step. Under a new regulatory framework spearheaded by its dir...

Apr 28 , 2024

Parliament Ploughs Seedless Corporation

A four-year performance audit report of the Ethiopian Agricultural Business Corporation paints a concerning picture of persistent failures in delivering essential agricultural supplies. The report hig...

Apr 28 , 2024

Reforming Immigration Services Eyes E-Passports

Ethiopian Immigration & Citizenship Service (ICS) is gearing up to introduce electronic passports (e-passports) within the next six months, aiming to reduce reliance on foreign currency. It will f...

Apr 20 , 2024

FACING THE CREDITORS!

Ethiopia's economic reform negotiations with the International Monetary Fund (IMF) are in their fourth round, taking place in Washington, D.C., against the backdrop of joint meetings with the World Ba...

Apr 20 , 2024

NBE Skeptical about Melaku Fenta's Bid to Retain Amhara Bank Chairmanship

An undercurrent of controversy surrounds the appointment of founding members of Amhara Bank after regulators at the National Bank of Ethiopia (NBE) withheld approval for two of the Bank's nominated bo...

Promised Homes Turn to Paper Castles In Addis Abeba, a Housing Plan Builds Frustration Instead

An ambitious cooperative housing initiative designed to provide thousands with affordable homes is mired in a complex web of legal, logistical, and bureaucratic hurdles, demonstrating the difficulties...

Apr 20 , 2024

Taxing Flavors Squeeze 'Juice' Industry

Ethiopia's juice manufacturers confront formidable economic challenges following the reclassification of their products as flavoured beverages, which has led to them being burdened with hundreds of mi...

Apr 20 , 2024

Desperation at the Pump Sparks Industry Concerns

Long lines and frustration are mounting at gas stations across the country are faced with a fuel shortage triggered by a confluence of factors. The scarcity is disrupting transportation, impacting bus...


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