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Water Ministry Taps into Digital System

Water Ministry Taps into Digital System

Offices of Water & Energy will be integrated to exchange data as part of boosting service delivery by digitising water metring for customers. Ethio telecom is tasked to install the digital infrastructure and provide technical assistance with an agreement between Minister of Water & Energy Habtamu Itefa (PhD) and CEO of the telecom Firehiwot Tamiru formed at the Skylight Hotel (Airport Road) last week. According to the Minister, the integration is expected to cut income losses due to technical errors which have become frequent across the country with the capital losing nearly 17 million dollars. Habtamu also disclosed that Ethiopia had received a 300 million Br grant from the World Bank to aid efforts in minimising damages caused by floods during the event.

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New Directive Hikes Service Fees for Foreign Investors in Free Trade Zones

The Ethiopian Investment Board has issued a new directive revising the service fees from foreign investors payable in dollars to the Ethiopian Investment Commission (EIC), introducing updated rates for both the One Stop Shop and designated Free Trade Zones. The revised directive came into effect this April following its publication on the websites of the Ministry of Justice and the EIC. Issued pursuant to Article 23 of the Special Economic Zone Proclamation, the directive outlines charges for...

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City Tables 350B Br Budget Plan for Upcoming Fiscal Year

The City Administration has approved a resolution to submit a proposed budget of 350 billion Br for the 2025/26 fiscal year to the City Council for deliberation. According to the Administration's statement on its official social media page, the draft budget is designed with a central focus on poverty reduction, encompassing targeted subsidies for sustainable development, investment in large-scale job-creating projects, and enhanced service delivery to address the growing demands of the reside...

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Ethiopia, UN Launch Joint Plan to Drive Development Through 2030

The Ethiopian government and the United Nations (UN) have signed a five-year development plan outlining national priorities from 2025 to 2030. Signed on June 20 at the Ministry of Finance, the United Nations Sustainable Development Cooperation Framework (UNSDCF) with implications that it aligns with Ethiopia's reform goals and the Sustainable Development Agenda. The plan is backed by a projected 6.5 billion dollars, though only 1.5 billion dollars is currently secured. It focuses on closing t...

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