City Bids to Repose Unutilised Plots

The Addis Abeba City Administration Land Development & Management Bureau calls for the repossession of 138 unused lands across the city. In its nine-month report to the standing committee of the Municipality Affairs on April 10, 2018, the Bureau proposed to put the lands in the bank. Out of the total, 18 of them were[…]

Metec Boss Tenders Resignation

By Fasika Tadesse The founding CEO of the Metal & Engineering Corporation (MetEC), Kinfe Dagnew (Maj. Gen.) has tendered his resignation from office, after serving Ethiopia’s military industrial complex for eight years. MetEC started operations with a registered capital of 10 billion Br in 2010, and has incorporated 15 military and civilian companies. However, the[…]

Bon Hotels Doubles Brand in Addis

By Fasika Tadesse Bon Hotels, the South African hotel management company, doubled its brand in Ethiopia after partnering with Bahiru Abraham to open an 82-room hotel on African Avenue. The hotel management company and the local property developer have signed a 15 years management deal to operate the hotel which is expected to be operational[…]

King Ezana and His Astounding Accomplishments

By Tsegay Hagos Ethiopia is one of the oldest Christian kingdoms in the world. Christianity was first introduced in Ethiopia during the fourth century by King Ezana (Abraha), one of the most popular kings of Axumite Kingdom. King Ezana ruled between 330 and 356 AD. He inherited the throne following the death of his father.[…]

Ethiopia Fights Out Corruption

By Mussa Muhammed To effectively translate the Growth and Transformation Plan fighting corruption and improprieties tooth and nail must get focal attention. The Federal Ethics and Anti-corruption Commotion (FEACC) Communication officer Aseged Medeksa so stressed. The utilization of resources allocated for the expansion of infrastructural facilities , building democratic systems and rendering citizens’ equal beneficiaries[…]

Institute Targets to Substitute Import

By Misganaw Asnake Ethiopian Metals Industry Development Institute said it is making attempts to substitute import despite the country’s heavy reliance on international market and lack of raw material and hard currency. Part of these efforts are conducting extensive study and research on the sector and trying to create conducive environment for local and foreign[…]

GERD’s Platforms Facilitate Construction, Unity

By Seid Mehammed Before seven years Ethiopians decided to build their own renaissance dam and named it Grand Ethiopian Renaissance Dam that would produce over 650 megawatt hydroelectric power. The designers, all the needed engineers, fund raisers and constructors are all the people of the nation. As a result, it is being constructed by the[…]

Behind Egypt’s Intention of Giving Political Fig Leaf to GERD’s Technical Issue

opinion By Desta Gebrehiwot The construction of Ethiopia’s flagship project, Grand Ethiopian Renaissance Dam (GERD) is almost inches away from completion while the trilateral negotiations among Ethiopia, Sudan and Egypt on technical issues once again failed to lead to agreement as Egypt continuously tried to politicize it. Why is then Egypt trying to slow down[…]

Diaspora’s Economic Involvement – a Boon to Domestic Efforts

By Misael Lemma In his inaugural speech Prime Minister Dr. Abiy Ahmed boldly vowed that all doors will remain open to embolden active participation of Ethiopian diaspora across different spheres while calling on them to return to homeland with financial and expertise investments. The Premier’s invitation resonated to all Ethiopian Diasporas living across the world[…]