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




Parliament Approves 786 million Br for Five Institutions

May 29 , 2021


[ssba-buttons]

Parliament's Standing Committee for Revenue, Budget and Finance affairs, chaired by Yayesh Tesfahunegn, has approved a 786 million Br budget for the next fiscal year for five public institutions. The National Electoral Board of Ethiopia (NEBE), which is currently undergoing preparations for the sixth national elections scheduled to take place in late June 2021, got approval for a budget of 93.5 million Br. The committee also granted 103 million to the Ethiopian Human Rights Commission, 337 million Br for the secretariat of the House of People's Representatives, and 59 million Br for the parliamentary secretariat. In addition, 85 million Br was approved for the Federal Ombudsman. These institutions had previously submitted their budget requests to the Ministry of Finance, which were approved accordingly. Their aggregate budget requests amounted to 1.3 billion Br Over the current fiscal year, the Ethiopian Human Rights Commission has been operating with an approved budget of 74.5 million Br, 64.7 million Br for the Federal Ombudsman, and 2.5 billion Br for the NEBE.


Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...