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Export Earnings Surpass $3.6b

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HAND WASHING STALL, BARELY

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TOXIC RIVER

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POLE DOWN FOR CONSTRUCTION

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Radar

Gov’t Receives $118m in AfDB Grants

July 24 , 2021

The Ethiopian government and the African Development Bank Group (AfDB) have signed an agreement for two separate grants worth 118 million dollars, aimed at supporting agr...

Ministry Collects 279b Br in Revenue

July 24 , 2021

The Ministry of Revenues collected 279 billion Br in revenues over the just-ended fiscal year. The figure represents 96 pc of its target, and a 19.6pc increase from last...

DRAIN AWAY FLOOD

July 18 , 2021

This neigbourhood close to the headquarters of the African Union in Qera is the scene of flooding during the rainy season. The house's main line of defence is this stone wall, which has tubes fitted to drain water to the adjacent river...

Yonsei, Health Ministry to Launch $1.7m Project

July 24 , 2021

Yonsei Global Health Centre, a South Korean public health institute, and the Ministry of Health have signed a Memorandum of Understanding to kick off a 1.7 million dollar...

Amhara Region Opal Industry Generates $3.6m

July 24 , 2021

Opal sourced from mines in Amhara Regional State generated 3.6 million dollars in export revenue last year, according to the Amhara Mines Agency. The figure is 1.4 millio...

RAINY DAY COMMUTERS

July 18 , 2021

Few, if any, commuters enjoy standing in queues to wait for public transportation, but the growing population in Addis Abeba has normalised this for many residents. Sometimes it gets worse though, especially during the rainy season when it often rains during the morning...

Dire Dawa Inaugurates 80m Br Transport Terminal

July 24 , 2021

The Dire Dawa City Administration inaugurated a transport terminal that cost an estimated 80 million Br to build this past week. The bus terminal rests on 39,000sqm of la...

City Admin Reports Lower Road Accident Casualties

July 24 , 2021

The number of casualties from traffic accidents in the capital has shown a slight decline in comparison to last year, according to the Addis Abeba Traffic Management Agen...

Abyssinia, MFIs Ink 600m Br Loan Agreement

July 24 , 2021

The Bank of Abyssinia has agreed to provide 600 million Br in loans to four microfinance institutions (MFIs) as part of its efforts to comply with the central bank's poli...

Heineken, Football Federation Renew Sponsorship Agreement

July 18 , 2021

Heineken Breweries S.C. and the Ethiopian Football Federation announced that they have signed a four-year sponsorship agreement worth 64 million Br fo...

BUSY STORAGE FACILITY

July 18 , 2021

A bird's-eye view of a storage facility for a construction company shows a rather disorderly asortment of pieces of construction equipment. Located in Lideta, most of the materials are steel, necessary for the many buildings going up in Addis Abeba. As a result of lack...

Ethiopia Secures $77m from Oil Seed Export

July 18 , 2021

The export of oil seeds, pulses and edible oil products brought in 77 million dollars over the first 11 months of the just-ended fiscal year. The export of processed o...

ECX on Verge of Mineral Trading

July 18 , 2021

Opal, emerald, and sapphire, will be traded on the floors of the Ethiopian Commodity Exchange (ECX) beginning next year. The Exchange has already prepared a manual to...

NBE Launches Digital Payment Strategy

July 18 , 2021

The National Bank of Ethiopia (NBE) has officially kicked off the implementation of a national digital payment strategy that has been in the making for over a year with the support of the United Nations Capital Development Fund (UNCDF). Comprising four pilars, the st...

Editorial

Clouds Gathering on Inflation, Policy Consistency Keeps the Rain at Bay

July 24 , 2021

There was an alarming increase in the price of Teffin August 2017. It suddenly skyroc...

Voters Want Stability, Order. Prosperity Can Find It through Negotiated Settlement

July 18 , 2021

The function held by the National Electoral Board of Ethiopia (NEBE) to announce the...

Absent Competent Bureaucracy, Economic Policies Get Stuck

July 10 , 2021

There is no shortage of drafts beings drawn, and bills authored these days. The more...

War's Fruitless, Horrific; Better Late than Never to Give Peace a Chance

July 3 , 2021

For the curious interested in political studies, the twists and turns unfolding in Et...


Most read

Columns

Commentaries | Jul 24,2021

Farmers Sell for Pennies. Markets Starve for Agri-products. Where's the Missing Link?

Life Matters | Jul 24,2021

Understood without Translation: When White People Speak Local

My Opinion | Jul 24,2021

Housing Predicament Needs Less Gov't

Sunday with Eden | Jul 24,2021

Society that Lacks Reading Culture Bound to Fail, on Repeat

Agenda | Jul 24,2021

Import's Wild-Wild West

Editorial | Jul 24,2021

Clouds Gathering on Inflation, Policy Consistency Keeps the Rain at Bay

Sunday With Eden

Society that Lacks Reading Culture Bound to Fail, on Repeat

It is not unheard of for adults to proudly declare that they never read books or arti...

Dare Converse on Politics, But with Reason, Open Mind

A group of us, friends, met over the weekend. Unsurprisingly, the conversation soon v...

Life Matters

Understood without Translation: When White People Speak Local

It is a universal thing for friends to use a secret language, or one assumed to be no...

Apple a Day Keeps the Ethiopian Health System Away

Not long ago, a friend’s relative became sick. Her grandson rushed her to a hospita...

Agenda

Import's Wild-Wild West

July 24 , 2021 . By HAWI DADHI

This year has been anything but a good year for Gabriela Esayas, a businesswoman who started a few years ago. Ordinarily, she would impor...

Deposit Mobilisation Barely Keeping Up With Cash Hoarding, Inflation

July 18 , 2021 . By HAWI DADHI

A businessman trading in electronics, Abel never thought he would be burdened in making timely payments f...

Trouble Tying Construction Firms with Banks, Insurance Looms Large

July 11 , 2021 . By SAMUEL BOGALE

Established over two decades ago when a handful of businesspeople were interested in joining the construc...

Starting Business Never Gets Easier

July 3 , 2021 . By SAMUEL BOGALE

Finding a job in the Ethiopian labour market had been all but a pleasant experience for Lamesgen Wubshet, a graduate of computer engineering...

Gallery

2020 in Posterity

January 5 , 2021

With an election initially expected to be held in 2020, the past year was supposed to be eventful. It did not disappoint. In fact, it outpaced expectations. Much of 2020 was talked about, analysed and debated. And thanks to technology, it was caught...

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

September 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

December 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

April 26 , 2019

Mourning Nation, Grieving World

March 17 , 2019

Commentaries

Farmers Sell for Pennies. Markets Starve for Agri-products. Where's the Missing Link?

While traveling from Hawassa, currently a capital to both the Southern and Sidama reg...

With Ethiopia's Capital Market, Say Hello to Debt Instrument Financing

In a bid to open up the economy, parliament recently revised Ethiopia’s Commercial...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or tw...

Fortune news

Ministry Redefines 'New' for Vehicle Taxation

July 24 , 2021 . By HAWI DADHI

Customs authorities have been directed to consider all motor vehicles imported within...

Shipping Enterprise Gives Waiver to Importers

Local importers have begun receiving waivers from the Ethiopian Shipping & Logist...

Ethiopia Recalls All Diplomats But Ambassadors, Finance Heads

July 24 , 2021 . By SAMUEL BOGALE

All Ethiopian diplomats, barring ambassadors and heads of finance, have been instruct...

Cement Prices Hike as Gov't Removes Price Controls

July 24 , 2021 . By BERSABEH GEBRE

Barely a week after the government set aside its cement market regulatory policy, cem...

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