Gojo Lottery Draw Sees 105 Houses Assigned

Jan 14 , 2023


[ssba-buttons]

Of the 8,127 residents that have dwelled to get a house in the capital, 105 got lucky as Gojo Bridge Housing has drawn its first round lottery. The lottery was drawn for members saving 2,000 Br every month for the last year following an advance payment of 52,000 Br. Gojo was established in February 2021 to ease the housing problem in the city by introducing a platform that connects private landowners, home buyers, lenders, and developers. The lottery that was planned to be drawn a few months back was postponed due to a system malfunction. Four months ago, the company partnered with the Ministry of Health and Dashen Bank to deliver 10,000 affordable housing for health professionals in the city at separate sites. The CEO Almaw Gari told participants the drawing system developed by Addis Abeba University is automated and is reserved from manual manipulation, at the event held at Eliana Grand Hotel on Churchill Road. The sites at Ayat Mekedonia and Behere Tsige had been selected for this round with 42 and 63 houses respectively.


Radar

Parliament Enacts Solid Waste Management, Disposal Proclamation

Parliament has unanimously passed the solid waste management and disposal proclamation, marking a decisive move toward environmental sustainability. It mainly introduces stringent penalties for the use and distribution of single-use plastic bags, focusing on reducing pollution and promoting responsible waste practices. Under the new proclamation, individuals carrying plastic bags face fines ranging from 2,000 to 5,000 Br, while commercial producers, importers, and retailers may be fined betwe...


Radar

NBE Sustains Dollar Supply as Exchange Rate Rises

The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia's (NBE) foreign exchange auction held on June 5, 2025. This marks a steady increase from 133.17 Br in the previous round and 132.90 Br in the fifth. In the latest bi-weekly auction, the central bank offered 50 million dollars to 12 commercial banks. By comparison, 60 million dollars was supplied to 16 banks at 132.96 Br in early May. In April, two auctions distributed 70 million dollars to 26 b...


Radar

Holland Dairy Unveils Cold Facility, Reinforces Eco Goals Through New Treatment Plant

Holland Dairy has officially inaugurated a cold storage facility and commissioned a wastewater treatment plant, marking a significant step forward in its commitment to growth and sustainability. The event was attended by the Mayor of Bishoftu and the Ambassador of the Kingdom of the Netherlands to Ethiopia, showcasing both national and international support for the initiative. The new cold storage facility, with a capacity of over 400,000 liters of yogurt, is designed to enhance supply chain...