The City Administration of Addis Abeba has revealed Friday there have been massive illegalities discovered in land control in parts of the city. “Over 1400 hectare of city’s land was illegally grabbed by government officials and their culprits,” said Tiratu Beyene, General Manager of Addis Abeba with a portfolio of Deputy Mayor, adding, “The administration brought back the lands…
An official JV company has been established with the Moroccan giant mattress and related products producer – Uni-Confort Maroc Dolidol, and Techno style – one of Ethiopians major furniture and related product producer. Ethiopian Investment Commission (EIC) said it will fully support this partnership in order to maximize their job creation, export rate and destination.
A new report by WHO and UNICEF, released Friday on Global Handwashing Day, reveals that giving everyone in the world’s poorest countries access to hand washing with soap and water, would cost around $11 billion. That would transform the life-chances of people who are currently unable to simply wash their hands at home. “Millions of…
The 4th edition of agro food and plastprintpack Ethiopia expo has opened for visitors as of Thursday, October 14 at the Ethiopian Skylight Hotel in Addis Abeba. The entire fair trade and Prana Events team has prepared this event with a lot of dedication over the past months. Exhibitors from 11 countries namely from Ethiopia,…
Ethio Telecom, the state telecom giant, announced that it has launched 4G LTE advanced mobile network in 22 cities across the nation. This expansion is part of the second phase 4G LTE advanced network expansion. Adet, Assela, Bichena, Dejen, Goba, Mota, Halaba and Duramie are among the beneficiary cities, according to Ethio Telecom. In the…
Ethiopian Airlines has announced Thursday that it has signed an interline agreement with Airlink (4Z), an airline based in Johannesburg, South Africa. Ethiopian has entered into an interline agreement with Airlink to allow passengers to enjoy seamless travel with a single ticket and lower fare tickets between points within the carriers’ synergized networks, says Ethiopian…
MultiChoice Ethiopia, Africa’s leading entertainment company, is about to inaugurate its branch in Hawassa city this weekend. “We have a plan to open branches in Hawassa and other cities as the market has untapped potential,” said Ezana Wubishet, MultiChoice Ethiopia Communication Manager. “We are registering a tremendous growth in subscribers’ numbers, reaching-out people and services,”…
The Ethiopian Investment Commission (EIC) has announced Wednesday that a team from Standard Bank Group held a discussion with Lelissie Nemie, Commissioner of EIC. Representatives of Standard Bank expressed their willingness in being involved in the banking sector in Ethiopia.
More than 85 thousand factory workers are poised to be at risk of losing their jobs if the United States disqualified Ethiopia from the African Growth and Opportunity Act (AGOA), a trade opportunity for Sub-Saharan countries, according to Sandokan Debebe, CEO of the Industrial Parks Development Corporation (IPDC). “Though there’s no official statement disclosed on…
The Addis Abeba Revenue Bureau said it has collected 12 billion Birr in the first three months of the current fiscal year. The Bureau is about to announce “Grade A” taxpayers of their taxes and collect the taxes until the November 9, 2021. Mulugeta Tefera, Bureau’s Head said that expansion of the tax base in…
