By Girmachew Gashaw Ethiopia is not only a country that speaks out loudly about climate change in international arenas. It is also committed to contribute its own share to protecting the environment and reducing the impacts of climate change. The government has been making maximum effort to protect forest resources in different parts of the[…]
By Yared Gebremeden Sport and active recreation have significant contribution to a country’s economy. Sport creates direct economic benefits in the form of jobs, income, tax and revenue. It also benefits the economy indirectly by improving people’s health and well-being, which can reduce health-care costs and increase labor productivity. Sport also generates economic benefits by[…]
By Bilal Derso ADDIS ABABA- Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) said that it has been working to strengthen Ethiopia’s commercial and investment ties with various countries. AACCSA President Elias Geneti told The Ethiopian Herald that the Chamber has employed different mechanisms to help potential stakeholders explore Ethiopia’s business prospects. The Chamber[…]
By Bilal Derso The current foreign policy of Ethiopia, which was introduced after the fall of the previous military-socialist regime, has brought economic development, peace and stability, according to political scholars. In a paradigm shift, Ethiopia’s foreign policy has moved from ideology heavy orientation to an approach that gives huge attention to economic priorities. As[…]
Over one-fourth of displaced individuals, due to the recent inter-regional disputes between the Oromia and Ethiopian Somali regional states, returned to their home, according to a recent release of the government. National Disaster Risk Management Commission (NDRMC) reported that 300,000 internally displaced people returned to their homes. Still, 856,941 people are left displaced, according to[…]
By Berhane Hailemariam Addis Abeba is going to get additional 8,428 homes under the middle-income housing scheme. The last construction under this scheme was embarked four years ago. For this construction project, the Addis Abeba Savings & Houses Development Enterprise (AASHDE) has obtained 38ha of land in Bole District from the Addis Abeba City Administration.[…]
By Haftu Gebrezgabiher Accepting that there is still hope, the prospect of putting forward and developing common projects by riparian countries to jointly utilize the Nile waters is a lost opportunity, claim experts. It is to be recalled that the joint multi-purpose projects which had been initiated in the Eastern Nile in 2005, ended up[…]
By Fasika Tadesse Federal High Court wrote a letter for the Federal Prison Administration for the release of these prisoners The Office of the Attorney General has dropped charges and pardoned over 749 prisoners, who were charged and sentenced for allegedly involved in corruption, terrorism and other crimes. Attorney General Berhanu Tsegaye made the announcement[…]
By Tsegaye Tilahun Various sources indicate that the rapid inflow of Foreign Direct Investment to Ethiopia has continued over the past years. But the question here is that even when the country has passed through various political ups and downs, why is this tremendous FDI upward trajectory continued? What is the reason behind? Zemedeneh Nigatu,[…]
By Dawit Endeshaw The attempt made by the Ethiopian government to jointly build a manufacturing plant and develop the Kenticha Tantalum Mine with private firms has failed due to the cancellation of the tender floated by the Ministry of Public Enterprise, this week. The Ministry floated an international tender a while back inviting companies to[…]