Standing Committee First Visit to Private Foreign Firm Garners New Era


Standing Committee First Visit to Private Foreign Firm Garners New Era

Safaricom Ethiopia stated that it has become the first private foreign company to host a visit by a standing committee from the House of People’s Representatives, with the Democracy Affairs Standing Committee touring the company’s operations last week. Wim Vanhelleputte, CEO, presented the company's half-year results, showcasing growth in mobile and M-PESA services. Notable achievements include expanding 4G coverage to 46pc of the population, acquiring over 6.1 million active subscribers, and seeing a surge in data usage to an average of 6.6 GB per user. Ewinetu Alene, committee chairman, emphasized the committee's oversight role and noted the occasion as a new era of private sector engagement with government stakeholders.


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Railway Corp Launches Online Booking, Mandates Fayda ID for Travel

Ethio Djibouti Railway (EDR) SC announced the online booking platform starting in February for public passenger transport services. The EDR also announced that all travel bookings are mandated to provide Fayda, the national ID for booking and traveling. Takele Uma, CEO of EDR, stated that the company has diversified its business model due to the high demand for national cargo shipment and logistics service. EDR launched a three-year strategic plan last week aiming to introduce new capabili...


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Ethiopost Embraces Space Technology to Revolutionize Mail Delivery

Ethiopost, the national postal service, signed a Memorandum of Understanding (MoU) with the Ethiopian Space Science & Geospatial Institute (SSGI) to modernize its delivery services, aiming to integrate advanced mapping and satellite technology into Ethiopost's logistics framework. By incorporating updated maps, Ethiopost seeks to improve door-to-door delivery services towards faster and more reliable delivery times. At the signing ceremony last week, Ethiopost CEO Dagmawi Hailiye stres...


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Land Allocation Surpasses Target, Parliament Urges Timely Project Completion

The Ministry of Urban & Infrastructure provided over 11,000hct of land through allocation and bidding in regional and city administrations, surpassing the planned 7,000hct, according to the Ministry's half-year report. Parliament's Urban Infrastructure & Transport Affairs Standing Committee reviewed the Ministry's half-year plan performance report, urging the Ministry to ensure construction projects are completed on time and within budget. Minister Chaltu Sani also reported that 16 small...