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Jan 5 , 2019

Qolo on the Way

Women are separating barley seeds from their husks after drying in the sun along a street in the Bale Mountains in the Oromia Regional State. The seeds are then roasted into a traditional snack known...

Jan 5 , 2019

Corp’n Alters Rental Fees, Payment Modality

The Federal Housing Corporation altered a rental fee increase it made on non-commercial units and extended payment modalities for commercial units. The Corporation slashed the fee it imposed on NGO...

Jan 5 , 2019

Police Detain Suspects of Coop-Bank Robbery

Police apprehended over 100 individuals suspected of an alleged robbery of 80 million Br from Cooperative Bank of Oromia's cash transporting vehicle on December 28, 2018. The vehicle, patrolled by...

Jan 5 , 2019

Authority Lifts Ban on Rani Juice Import

The Food & Drug Authority (FDA) concluded the dispute that has lasted two years with Saudi businessman Awujan Rani, a mango juice manufacturer. The product, Rani Mango's import was suspended on...

Jan 5 , 2019

Chinese Firm Makes First Shipments Worth $100,000

Antex Groups, a Chinese textile manufacturing company that operates in Adama Industrial Park, made its first shipment of textiles valued at 100,000 dollars. The company exported a container of swim...

Jan 5 , 2019

Ministry Brings Soybeans, Chickpeas to ECX

The Ministry of Trade & Industry has mandated that soybeans and chickpeas only be traded through the Ethiopian Commodity Exchange (ECX). The decision was made by the Ministry on December 31, 2...

Jan 5 , 2019

Chinese, French Firms Seal Turbine Supply Deal

Ethiopian Electric Power has awarded Chinese and French firms contracts to supply 13 turbines for the Grand Ethiopian Renaissance Dam. The project was initially awarded to Metals & Engineering...

Jan 5 , 2019

Nation’s Exports Under AGOA Show Significant Rise

Ethiopia's exports under the African Growth and Opportunity Act (AGOA), a US law, increased by 62pc since last October 2017. In the reported time Ethiopia exported 137 million dollars worth of prod...

Jan 5 , 2019

Authority Kicks off Ankober Road Project

The Ethiopian Roads Authority kicks off the construction of the one-billion-Birr Debre Berhan to Ankober road construction project. The 42Km long road passes through four kebeles before reaching An...

Dec 29 , 2018

Deep Ditch

Two children on the outskirts of Bale Goba in the Oromia Regional State play near the main road. They are perching on the edge of a deep ditch, with precariously placed slabs not far from each other t...

Dec 29 , 2018

Seat for sale

A street vendor carries his merchandise along a stick on his shoulders in the area close to Addis Abeba Stadium. The merchandise are tuffets, low seats, the type that are made of dried skin and dried...

Dec 29 , 2018

Quarterly Report

Jembernesh Kinfe (left), deputy chairman of the Environment Protection Standing Committee, Sileshe Bekele (PhD), minister of Water, Irrigation & Electricity, and Roman Gebreselassie, head for the...

Dec 29 , 2018

Despite Swell of Transactions, Eth-Switch Declares Loss

Eth-Switch S.C, a consortium of all banks established to integrate the national electronic payment system, reported 14.4 million Br in losses in the last financial year. This is the second year in...

Dec 29 , 2018

Corruption Crack Down Nets More Suspects

A total of 77 current and former officials in Oromia Regional State have been arrested over suspicion of corruption, and most of the suspects arrested have already appeared in court. The arrest ove...

Dec 29 , 2018

Ministry Eyes Drones for Mining

Two federal ministries, the Ministry of Mines, Petroleum & Natural Gases and the Ministry of Innovation & Technology, have joined in agreements to use drone technology for mineral and natural...

Dec 29 , 2018

Hawassa Industrial Park Generates $38m

The Hawassa Industrial Park earned 38 million dollars in the last two years through exporting textile goods. The forex was earned from the production of 20 local and foreign firms in the industrial...


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