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Jun 14 , 2020

STREET GREENGROCER

Not all fruits are bought at greengrocers or supermarkets in Ethiopia. A cheaper alternative are streets vendors who usually sell fruits that are in demand seasonally. They are sometimes so convenient...

Jun 14 , 2020

HEALTHY QUEUE

Police officers maintain order on a queue in line with the social distancing advice of health professionals at the Lancha station of the Addis Abeba Light Rail. On the platform are lines that can be u...

Jun 14 , 2020

Mastercard Backs Small Businesses to Repurpose PPE

Mastercard Foundation has committed 3.2 million dollars for 11 Ethiopian small and medium enterprises to repurpose their production lines. As part of the COVID-19 Recovery & Resilience Programm...

Jun 14 , 2020

Ministry Projects 8.5pc Growth in GDP Next Year

The Ministry of Finance has projected that Ethiopia's economy will grow by 8.5pc in the next fiscal year. Ahmed Shide, the minister of Finance, explained to the members of parliament that the growt...

Jun 14 , 2020

Lawmakers Give Green Light to Privatisation Bill

A privatisation bill, which will buffer the privatisation process of state-owned enterprises, was legislated by lawmakers last week. It was approved with 16 against and three votes abstaining durin...

Jun 14 , 2020

UN-ECA Goes Through Sensitisation

The United Nations Economic Commission for Africa (UN-ECA) is in a total shutdown and is undergoing a sanitation process of its entire compound after an employee was tested positive for the Novel Coro...

Jun 14 , 2020

Upper, Lower Chambers Defer Census for Fourth Time

The fourth national census has been postponed for the third time indefinitely due to the impact of the Novel Coronavirus (COVID-19) pandemic. It was postponed during a joint session of the parliament...

Jun 14 , 2020

Local Firm Sets up Data Centre for SMEs

Ebiz Online Solutions Plc, in collaboration with the Addis Abeba Jobs Creation & Enterprise Development Bureau, has set up an information centre for micro- and small enterprises. The data centr...

Jun 14 , 2020

Nestle Donates PPE to Frontliners

Nestle Ethiopia has donated personal protective equipment (PPE) to healthcare professionals who are on the front line fighting the pandemic. The donation was handed over to the Ministry of Health o...

Jun 14 , 2020

ECX Transacts 36.1b Br Worth of Commodities

The Ethiopian Commodity Exchange has traded 698,349tn of agricultural commodities worth 36.1 billion Br over the past 11 months, achieving 96pc of its target. The transacted volume and volume has s...

Jun 7 , 2020

Council Endorses Bill for Budget Expanded by 23pc

The Council of Ministers has approved a budget that proposes 476 billion Br in federal spending, which is 23pc higher than the current fiscal year. The proposed federal budget allocates 160.4 billi...

Jun 7 , 2020

Central Bank Green-Lights Oromia Bank President

The National Bank of Ethiopia (NBE) has approved the appointment of Teferi Mekonnen as president of Oromia International Bank. The board of directors of the Bank sent the application to the regulat...

Jun 7 , 2020

MAKESHIFT HOUSES

Three makeshift houses made of corrugated steel plates lie close to a garage in Gofa Gabriel. The makeshift houses are used as shelter for security guards hired to watch over vehicles and spare parts...

Jun 7 , 2020

FEEDING ROAD

An asphalt road being built in Kazanchis feeds into Haile Gebre Selassie Street. Part of it is almost finished, and some other parts are on the gravel laying stage. Previously a residential area with...

Jun 7 , 2020

TAILOR-MADE FACE MASK

The Novel Coronavirus pandemic (COVID-19) has devastated economies and health infrastructures of countries, but it has also introduced one specific mass commodity to the market - face masks. This tail...

Jun 7 , 2020

Foundation, CDC Africa Ally to Strengthen Contact Tracing

The Mastercard Foundation and Africa Centres for Disease Control & Prevention (CDC Africa) have teamed up to procure one million test kits and train 10,000 community healthcare workers and 80 surv...


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