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Apr 13 , 2019

UMBRELLA MARKET

Rain has become recurrent this past couple of weeks in Addis Abeba, in stark contrast to the warmness in the previous months. This has been a boon to the umbrella market, as is seen here in Megenagna...

Apr 13 , 2019

CONSTRUCTION INCONVENIENCE

A road construction project along the Qality-Aqaqi road, a major route for trucks carrying cargo into Addis Abeba, is bored down. While thick dust emanating from digging and the inconvenience of traff...

Apr 13 , 2019

FORGOTTEN

Three old, busted vehicles with government plates have been parked in the compound of the Ministry of Mines, Petroleum & Natural Gas, in Gurd Shola. The vehicles degrade slowly with each passing d...

Apr 13 , 2019

Inflation Shows Slight Increase

Inflation showed a slight increase last month, reaching 11.1pc. While food inflation was 11.4pc, the price of non-food items increased by 10.8pc compared to March of the previous year. Inflation in Fe...

Apr 13 , 2019

Enterprise Earns 200m Br

The nation's first toll road has generated 204.8 million Br in the first three quarters of the current fiscal year, achieving 86.5pc of its plan. The Ethiopian Toll Roads Enterprise reported that...

Apr 13 , 2019

US Launches $4m Project to Improve Institutions

The US government launched a two-year, four-million-dollar project on April 10, 2019, to support and strengthen institutions in Ethiopia. Feteh, which will be funded by USAID, will provide technica...

Apr 13 , 2019

Ministry Collects 306b Br Last Year

The Ministry of Revenues collected 306 billion Br in last fiscal year, Adanech Abebe, minister of Revenues, announced during a discussion of the achievements and challenges employees of the Ministry a...

Apr 13 , 2019

US Extends ‘Feed the Future’ Program

Ethiopia and the United States signed an agreement to invest in food security, build resilience and accelerate economic growth in Ethiopia. The program will fall under the leadership of the US's five...

Apr 13 , 2019

Attorney General Dismisses Tax Fraud Cases

The Office of the Attorney General dropped 1,077 cases of tax fraud. The Addis Abeba City Mayor's Office had called upon the Attorney General to drop the cases. Deputy Mayor Takele Uma filed the re...

Apr 6 , 2019

APPRECIATION

Bruktawit Getahun (right), a.k.a Betty G, an Ethiopian artist and a member of the trust fund established to rehabilitate street children in Addis Abeba, shares a moment with one of the sheltered child...

Apr 6 , 2019

365 DAYS PHOTOS

Aron Semeneh, official photographer of the Prime Minister, speaks at the opening of the PM 365 Days photo exhibition at Millennium Hall on March 31, 2019. The exhibition shows photos of Prime Minister...

Apr 6 , 2019

PARKED

One of Ethiopian Airlines' Boeing 737 Max 8 models can be seen parked at the Bole International Airport, in Addis Abeba, near the hangers. The engines are covered with a red tarp. All 737 Max 8 planes...

Apr 6 , 2019

Alcohol Law Goes Into Effect in May

The recent legislation that puts restrictions on the use, sale and advertisement of alcohol will become effective on May 29, 2019. The law limits the advertisement of drinks with alcoholic content...

Apr 6 , 2019

Siemens, Commission Team Up for Energy

Ethiopia's government and Siemens signed a memorandum of understanding (MoU) to cooperate on addressing current energy and infrastructure challenges in Ethiopia. The MoU was signed by Abebe Abebaye...

Apr 6 , 2019

IFC Pledges to Advise Customs Reform

A cooperation agreement between the International Finance Cooperation and the Ethiopian Customs Commission has been signed to provide advisory support for reforms in trade logistics. The agreement...

Apr 6 , 2019

Etherbal Set to Build a Plant

Etherbal, a local company, has invested 10 million Br to build a new cosmetics factory in Addis Abeba. The two-storey plant will rest on 220Sqm and be constructed by Bahiru Kebede General Contracto...


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