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Aug 14 , 2021

City Revenues Bureau Collects 5.8b Br

The Addis Abeba City Administration Revenues Bureau collected over 5.8 billion Br over the first month of the new fiscal year, which started on July 8, 2021. The amount exceeds the target by eight...

Aug 14 , 2021

Bahir Dar College Inaugurates Oxygen Plant

An oxygen plant with the capacity to fill 300 cylinders daily has officially started operations in Bahir Dar City, Amhara Regional State, last week. Under Bahir Dar University Medical & Health...

Aug 14 , 2021

Industries Forge Alliance to Recycle Water

Bottling companies and industries involved in agri-businesses partners to form an alliance in a bid to recycle water that they use for their establishments. Supported by international organizations, i...

Aug 14 , 2021

MTN Opts Out of Second Telecom Bid

The MTN Group will not be participating in the second telecom license bid, its executives announced. It was one of the two bidders that were vying to get the first-ever private telecom license earl...

Aug 7 , 2021

Health Ministry Hands Over Mandate

The Ministry of Health has handed over the mandate to review the credentials of students set to take a medical certification examination later this month to the Higher Education Relevance & Qualit...

Aug 7 , 2021

BUS-FREE TERMINAL

The new Merkato Intra-city Bus Terminal ironically is empty of vehicles or even much activity. Inaugurated back in May and built for a total of 200 million Br, it is hoped to improve and advance mass...

Aug 7 , 2021

'MY DAM' APP

Abie Sano (left), president of the Commercial Bank of Ethiopia (CBE), and Ashebir Balcha, chief executive officer at the Ethiopian Electric Power, bump elbows at a ceremony for inaugurating an applica...

Aug 7 , 2021

VEHICLE FOR DRYING

Addis Abeba is notoriously hard for parking. It is not just that parking spaces are hard to find, even when they could be found, they are liable to be used for hanging wet clothes to dry as this perso...

Aug 7 , 2021

Mastercard Initiative Provides 895m Br in Loans

More than 8,000 formal businesses have received 895 million Br in the form of soft loans as part of the Mastercard Foundation's Micro & Small Enterprises COVID-19 Resilience Facility. Awash and...

Aug 7 , 2021

WHO Donates COVID-19 Testing Materials

The World Health Organisation (WHO) has donated COVID-19 laboratory testing materials worth four million Birr to the Ethiopian Public Health Institute (EPHI). The materials include three real-time...

Aug 7 , 2021

Energy Exports Generate $90m

Ethiopia earned a record-high 90.5 million dollars from the export of electricity to neighbouring Sudan and Djibouti last year. The figure represents a significant jump from the previous record of 70...

Aug 7 , 2021

Gov't to Float Second Telecom License

The Ethiopian Communications Authority (ECA) is set to float the second telecom license to international operators later this month. Only two operators, the Safaricom-led consoritum and MTN, submit...

Aug 7 , 2021

Federal Service Allots 753m Br for Vehicle Procurement

The Federal Public Procurement & Property Disposal Service has awarded 47 suppliers common framework contracts for the procurement of office and IT equipment, vehicles, furniture and other items f...

Aug 7 , 2021

Ministry Launches Revised Tariff Book

The Ministry of Finance has launched a new tariff book – a price index of 8,000 international import items used to determine customs duty rates. The major change is that the revised book includes...

Aug 7 , 2021

Gadaa Bank Inches Closer to Launch

Gadaa Bank, one of dozens of banks in line to join the industry, held its first subscribers meeting last week after having raised 600 million Br in paid-up capital. Since it started selling shares at...

Jul 31 , 2021

DANGEROUS TREK

Nearly everywhere one looks, there is a construction project in Addis Abeba, from roads to skyscrapers and parks. But as the construction is carried out, they pose major inconveniences to residents an...


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