NBE – Less Central Bank Than Printing Press

column By Mesfin Namarra Given the nation’s macroeconomic crisis, there is a great burden on the National Bank of Ethiopia (NBE). It needs to improve operational practices, policies and leadership, writes Mesfin Namarra (mesfin.namarra@yahoo.com), former member of parliament and NBE staff. Prime Minister Abiy Ahmed (PhD) has named a new governor for the National Bank[…]

Teachers Association Stirs to Erect HQs

By Behailu Ayele One of the professional associations in Addis Abeba is planning to build a nine-storey multi-purpose building for 200 million Br. The building will be located in the Kirkos District. Addis Ababa Teachers Association, the owner of the proposed building, has technically qualified and shortlisted two companies, ATCON Consulting Engineering & Architects and[…]

Controversial Liquor Factory Fetches Apical Offer

By Berhane Hailemariam Lominat Beverage offers 3.6 billion Br to acquire the company The state liquor manufacture, National Alcohol & Liquor Factory (NALF), has received one of the highest offers in the government’s recent attempt at privatising the company. Lominat Beverage Plc, a local company which is constructing a beverage bottling company in Modjo town,[…]

Eritrea’s Response Sparks New Hope in War Stricken Areas

By Tsegay Hagos Scholars have lauded the Eritreans government’s positive response to Ethiopia’s request to end the 18 year old "no peace no war policy" as best move which is pivotal to ensure the economic equitability of the two countries especially those who live in border areas. How much the no peace no war policy[…]

AUC Hails Ethio – Eritrea Positive Stride

ADDIS ABABA- The Chairperson of the African Union Commission Moussa Faki Mahamat, on Wednesday, welcomed the recent positive developments in the relations between Eritrea and Ethiopia. The Chairperson commended on the announcement made by Ethiopia on 5 June 2018, expressing its commitment to the full implementation of the Algiers Peace Agreement of 12 December 2000,[…]

Statement of the African National Congress On Eritrea-Ethiopia Implementing the 2000 Algiers Border Agreement

press release The ANC notes this morning’s speech by H.E. Eritrean Comrade President Isaias Afwerki on Eritrea’s Martyrs Day, as well as the Executive Committee decision of the Ethiopian governing-party’s EPRDF to implement the Algiers Agreement of 2000. The ANC welcomes Eritrea’s Presidential announcement to “send a delegation to Addis Abeba to gauge current developments[…]

Ethiopia’s Railways Enhance Regional Integration – Corporation

By Bilal Derso ADDIS ABABA- The railway Ethiopia has been building strengthens its economic integration with neighboring countries, according to Ethiopian Railways Corporation (ERC). Corporation’s Public Relations Head, Dereje Tefera told The Ethiopian Herald that the country is making railway lines that enable to boost economic cooperation among neighboring countries. Besides the Sebeta-Awash-Djibouti Railway Line,[…]

President Afewerki Sends Delegation to Ethiopia

Photo: Jacapo A street in Asmara, Eritrea (file photo). By Etenesh Abera Eritrea’s president announced “today that Eritrea shall dispatch delegation to Addis Abeba to a constructive engagement with Ethiopia,” Estifanos Habtemariam, Eritrea’s Ambassador to Japan, said on twitter. President Isaias Afewerki made the remarks during the Martyrs Day celebrations today. “We will send a[…]

We Must Acknowledge the Courageous Response of Our Defense Force

By Yohannes Gebresellasie (Ph.d) On my first article regarding our Defense Force, I tried to reiterate the legacy and development of our Defense Force where I tried to highlight their role. There, I tried to focus on their activities during the 1950s as follows. The then Ethiopian Army’s achievement as the United Nation’s Peace keeping[…]