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Furious Tenants Call for Injunction of New Rental Fee

Furious Tenants Call for Injunction of New Rental Fee

January 23 , 2019

Tenants of the Federal Housing Corporation called for the injunction of the new rental fee amendment its executives made a couple of weeks ago. They have also declared that they will be paying 71.50 Br a square meter rejecting the new rental fee of the Corporation - 509 Br a square meter - until the issue is resolved. Over 3,000 tenants met t...

== Tenants of the Federal Housing Corporation ca...

Fed. Prosecutors Bring Third Charge on Kinfe

Fed. Prosecutors Bring Third Charge on Kinfe

January 15 , 2019

Federal prosecutors have establiahed yet another criminal charge against Kinfe Dagnew (Maj. Gen), the founding CEO of the Metals & Engineering Corporation (MetEC), accusing him of involvement in what they claim was unlawfully transactions in the procurement of two hotels and a plastic factory worth 303 million Br. Prosecutors alleged Kinfe h...

== Federal prosecutors have establiahed yet anot...

Fed Investigators Arrest Ermias Amelga in MetEC Case

Fed Investigators Arrest Ermias Amelga in MetEC Case

January 11 , 2019

Federal investigators have arrested Ermias Amelga, founder of Access Real Estate, in connection with an ongoing corruption probe on the former executive of Metals & Engineering Corporation (MetEC). Ermias was arrested on Wednesday evening and is suspected of transferring the former Imperial Hotel to MetEC for 72 million Br, without a proper...

Federal investigators have arrested Ermias Am...

Federal Prosecutors Charge Former CEO Kinfe Dagnew Et Al

Federal Prosecutors Charge Former CEO Kinfe Dagnew Et Al

January 10 , 2019

Federal prosectors charged eight defendants, including Kinfe Dagnew (Maj. Gen), former head of the Metals & Engineering Corporation (MetEC), of alleged corruption on Thursday. Judges at the 15th Criminal Bench of the Federal High Court read seven counts of corruption charges, all of which were concerning the procurement of tractors. The othe...

Federal prosectors charged eight defendants,...

Housing Corp Amends Rental Fee of Non-Business Tenants, Softens Terms for Businesses

Housing Corp Amends Rental Fee of Non-Business Tenants, Softens Terms for Businesses

January 4 , 2019

Housing Corp Amends Rental Fee of Non-Business Tenants, Softens Terms for Businesses The Federal Housing Corporation has revised the rental fee levied on non-governmental organisations (NGO), embassies, government offices and civil society tenants. It has also decided that business tenants will not be required to pay the new rental fees immediat...

Housing Corp Amends Rental Fee of Non-Busines...


Most read

Editorial

Ethiopia’s Humanitarian Crisis: the Elephant in the Room

January 18 , 2019

Like many instabilities around the world, the worrying state of a country rarely gets...

It`s About Time to Start Debate on Constitutional Amendments

January 12 , 2019

An expected consequence of the growing rift between the constituent parties of the ru...

The Republic Could Be No More

January 5 , 2019

A crowd, gathered outside  Independence Hall in Philadelphia where representatives of 13 newly formed states had signed a historical docume...

Transport Authority Needs to Step Up its Game

December 29 , 2018

Faced with a continued breakdown in the rule of law, it is easy to miss the stagnant state of economic fu...

Sunday With Eden

Technology, the World Pass by Ethiopia

From off-grid solar power to mobile money solutions for the unbanked, technology is a...

Faith-based Institutions: Way to Ethiopians Heart to Uphold Moral Compass

I spent a great deal of time in church when I was a child. Unfortunately, it was an...

Life Matters

Nation of ‘Hoarders’

We like to preserve our culture and identities in every means possible. Not just our cultures though but anything that we think has sentimen...

Actions Speak Louder

There is hope in Ethiopia. But where we are is nowhere in the realm of where we ought to be. The amount of resources that are available h...

Agenda

Days of Fuel Shortages Wrench Capital

January 19 , 2019 . By BERHANE HAILEMARIAM

Menna Gizaw, 33, was one of the thousands of drivers that queued at a fuel filling st...

Electric Tariff Increase Sends Shockwave Through Consumers

January 12 , 2019 . By MADEBO GIRMA

The past two weeks did not bode well for the relationship between landlord Getaneh Ge...

Gena Arrives With Stable Prices in Local Markets

January 6 , 2019 . By KALAEB GIRMA and MADEBO GIRMA

The last item on Askalech Debele’s holiday shopping list is chicken, and she needs...

Commercial Properties See Rate Hikes: Indignation, Resignation by Tenants

December 29 , 2018 . By BERHANE HAILEMARIAM

Alemayehu Befikadu, a deputy manager for a plastics manufacturing factory, was busy o...

Gallery

IN PICTURE: Betty G.

January 10 , 2019

Bruktawit Getahun, Betty G for her fans, would have loved to be around for the Battle of Adwa and thinks of robots as square and scary. Third daughter to her parents, anchored but not confined, there is not a challenge in her life she would rather no...

Passport Tease: New Requirements For Passports Create Outrage

December 10 , 2018

The week in picture

December 10 , 2018

Commentaries

Stock Markets, Not as Pertinent as They Sound

Debates around the establishment of a stock market have recently become common after...

The Seal of Transparency, Efficiency on Sino-African Relations

China, the world's second-largest economy, is now the largest foreign economic power...

Fineline

The tale of two dispositions could be what best describes Prime Minister Abiy Ahmed...

The tale of two dispositions could be what best describes Prime Minister Abiy Ahmedâ...

Who it is that midwifed the rapprochement between Ethiopia and Eritrea...

Who it is that midwifed the rapprochement between Ethiopia and Eritrea is a matter of...

Fortune news

DEVELOPING STORY: Regional State Probe Leads to Bereket, Tadesse Arrest

January 23 , 2019

The arrests of Bereket Simon and Tadesse Kassa was an operation led by the Amhara Reg...

Bereket Simon Arrested

January 23 , 2019

Bereket Simon, a founding member of the EPRDF and a former senior government minister, has been arrested by the Federal government this morn...

Former TIRET Chief Arrested

January 23 , 2019

Tadesse Kassa, a.k.a Tinkishu, former CEO of TIRET, has been arrested this morning at his residence in Addis Abeba. His arrest was made abou...

RUNNING OUT OF GAS

January 19 , 2019

Fuel lines around gas stations, longer queues for public transport commuters and fewer vehicles on the roads characterised Addis Abeba last...

In-Picture

QUALITY AWARD

January 12 , 2019

DRAGONS AND EXPORTS

January 11 , 2019

Iconic moment, Eritrean sanction lift

November 21 , 2018

Ketera

January 20 , 2019

Women are playing the traditional musical instrument, Masinqo, and singing in Amist Kilo on Ketera, the day before the Ethiopian celebration of epiphany, Timqet. On the day, a tabot, a religious representation of the Ark of the Covenant, is carried f...

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