Voters Opt for New Regional State

Oct 9 , 2021

Over one million people in six zones of the Southern Regional State have voted in favour of forming the country's 11th regional state, to be named the Southwestern Regional State. The referendum was held at the end of last month, and nearly 94pc of the 1.3 million voters registered in the Bench Sheko, Sheka, Keffa, South Omo, and Dawro zones, as well as Konta Special Zone, showed up to cast their ballots. Only 24,000 voted against autonomy at the 1,613 polling stations set up in the areas. The National Election Board of Ethiopia (NEBE), which spent seven million Birr on organising the referendum, pushed the voting deadline back by two hours in light of large crowds at polling stations.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...