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Oct 31 , 2022

Exports Tumble by $5.9m

Ethiopia's exports in the first quarter of the fiscal year have lowered by 5.9 million dollars from the same period last year. Ministry of Trade & Regional Integration announced that it had col...

Oct 31 , 2022

Consultancy Firm Offers Training in Finance for 100,000 Br

The torrent of policy reforms in the financial sector spurs interest in the private sector to fill skill gaps and provide professional training. Bruh Finance launched a certificate program to equip pr...

Oct 31 , 2022

Industrial Park Corp Changes Guard

It was a notable couple of years for Sandokan Debebe, serving as the head of the Industrial Parks Development Corporation (IPDC). Last week, he stepped on the ladder as the State Minister for Plann...

Oct 22 , 2022

BillboShop

Under the guise of an imposing billboard around Arat Kilo area, a vendor was ready to sell his products. Street hawking has been a feature of the capital city. Lack of working premises and access to c...

Oct 22 , 2022

Payers' Award

President Sahlework Zewde handed awards to taxpayers at the Sheraton Addis on October 20, 2022. Silver, Gold and Platinum level awards were offered by the Minister of Revenues, Aynalem Nigussie (left...

Oct 22 , 2022

Car-like Wheel

A heavy truck wheel rolled over in the middle of the street around the National Theatre on Churchill Avenue. The person behind the wheel signaled the car beside him as he was ready to change a lane fo...

Oct 22 , 2022

Coffee Exports Jumps to $426m in 1Q

The revenue generated from coffee exports in the first quarter of this year has jumped to 426 million dollars, increasing by 30pc compared to the same period last year. Shortfalls in global supplies b...

Oct 22 , 2022

Land Corp. Aspires for $2b in Foreign Capital

Executives of the federal Land Bank & Development Corporation (LBDC) aspire to lure foreign investment they estimate will reach two billion dollars. They plan to host a two-day investment forum...

Oct 22 , 2022

MinTex, Mining Expo to Kick Off Debuting a Gemstone Trading App

Takele Uma, minister of Mines, plans to host a three-day mining expo at the Millennium Hall next month. Gemstone manufacturers have called for the event to be held. Local gemstone companies complai...

Oct 22 , 2022

Microfinance Hatches with 21m Br Capital

A microfinance institution (MFI) has made its official debut in the industry with 21 million Br paid-up capital. AKUFADA Microfinance Institution joined last week 45 of its peers, aspiring to expan...

Oct 22 , 2022

Lalibela Restoration Sees Additional 260m Br Grant

Churches in Lalibela are to get additional funding for restoration as a follow-up to ongoing works that began in the early 2000s. The French Development Agency (AFD) has signed a 260 million Br add...

Oct 22 , 2022

City to Welcome International Poultry Marketers

Over 70 domestic and international vendors from Kenya, the United States, and European countries will congregate in the capital to showcase their poultry products. Planned for three days at the end...

Oct 22 , 2022

Ethio Telecom Launches Cloud-based Contact Centre

Ethio telecom launched its cloud-based data contact centre at the newly inaugurated Addis Ababa Science Museum, on October 18, 2022. Cloud Storage and Artificial Intelligence power the cloud-based con...

Oct 17 , 2022

Private Company Launches 2b Factories

A private company in the beverage industry opened plants on Addis Abeba's outskirts to process and bag snakes such as potato chips. ABBAHAWA Trading, bottler of One Water brand, has invested 2.3 b...

Oct 15 , 2022

Moving deal

A truck driver's aide amid a traffic jam in Saris area picked stuff to buy from a vendor  while on the move. As the traffic was moving, so was the vendor urged to get paid. ...

Oct 15 , 2022

Insurance month

Getenesh Hailemariam (centre), general insurance brokerage manager, briefed the media at a press conference held at the Elily Hotel, behind the UNECA, on October 12, 2022. This year's insurance month...


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