Friday, April 19, 2024
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Local News

In hard times Ethiopian still profits

Ethiopian Airlines CEO Tewolde Gebremariam says they experienced a revenue growth of 17 percent for a total of USD 3.7 billion. In a speech to...

Cash registers near extinction as nation turns to tech

People who supply sales register machines (SRM) worry that new technology to be implemented as the country attempts to make business easier would cost...

Economic reform targets jobs, forex, locals

Ethiopia is trying to reform its economy and as a result it plans to amend the public enterprises proclamation for the first time in...

Shipping Lines building demolition raises eyebrows

Youth organized to demolish houses around the La Gare area told the Woreda administration that they were unhappy about being sidelined from demolishing the...

Nine thousand condos to be transferred shortly

Around 9,000 40/60 condo houses between one and three bedrooms will be transferred in the next three months according to close sources in the...

Strict safety rules come to construction sites

The Addis Ababa City Construction Bureau has drafted a new health safety construction regulation requiring contractors to fulfill mandatory safety materials and procedures before...

Applied universities to start next year

The government has finished preparing for seven applied universities to commence education next year, PM Abiy Ahmed says. The newly developed Education Roadmap for 2018-2030...

CBE profits 17.9 billion birr

Commercial Bank of Ethiopia (CBE) has reversed course and is back in the black. During the 2018/19 fiscal year, the bank’s gross profits were...