Wednesday, November 6, 2024
Life fittnes
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Experts warn regulations are...

Experts have raised concerns that existing laws and regulations in Ethiopia are obstructing the...

Ethiopia optimistic about funding...

Ethiopia conveyed its expectation that funding for development projects reliant on the Abay (Nile)...

Unilever to reduce workforce amid profit concerns

British-Dutch multinational Unilever, a leading player in the consumer goods sector, has announced plans to reduce its workforce starting next month as part of a strategy to maximize profits. The company, which operates in over 190 countries including Ethiopia, currently employs more than 128,000 people globally. The decision to downsize comes in response to declining profits and an oversaturated employee base. Unilever has been a prominent provider of food, home, and personal care products in Ethiopia since 2015. Sources indicate that the company had signaled its intention to cut staff six months ago, with the reductions set to take effect in December 2024. This workforce reduction is not limited to Ethiopia; it is part of a broader initiative that will impact employees worldwide. In Ethiopia, the company plans to streamline operations by reducing the number of...

VITA Food Industry raises...

Vita Food Industry, a Turkish company that began production in Ethiopia in 2018, has...

Ethiotelecom Launches 5G Services...

Ethiotelecom has officially launched its 5G services in Hawassa, marking a significant milestone in...
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Ethiopia ranks 7th in Africa for...

Ethiopia has emerged as the 7th largest country in Africa for social media users, boasting approximately 24.83 million active...

Ethiopia Contributes to Global Seed Security...

Ethiopia has made a significant contribution to global food security by depositing 1,750 seed samples into the Svalbard Global...

WHITE SWANS...

About a decade ago the idea of encountering a ‘black swan’ was again brought to mainstream discourse by Nassim...

BLOCKCHAIN

Blockchain or Block Chain was introduced to facilitate the transaction of the now popular crypto-currency ‘bitcoin.’ It is a...

The Washington...

For decades, the Washington Consensus has been heralded by the IMF and the World Bank as the magic formula...

DÉTENTE NOW

Détente is a French word that roughly translates to ‘relaxation’. It is used to denote the easing of strained...

Transforming Urban Mobility

In an era where electric mobility is rapidly transforming urban landscapes, Yuma Sasaki, the Founder and CEO of Dodai, stands at the forefront of this revolution in Ethiopia. With a rich background in renewable energy and e-mobility, Yuma Sasaki has dedicated his efforts to...

Portugal strengthening ties with Africa

Nuno Samopio, Secretary of State for Foreign Affairs and Cooperation of Portugal, shared insights on the historical significance of Portugal's relationship with Africa and its evolving diplomatic efforts. As Portugal continues to strengthen ties with African nations, particularly those in the Portuguese-speaking community, Samopio...
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REQUEST FOR PROPOSALS FOR

Request for Proposal for Long Term Agreement for the Provision of Vehicles Preventive and Breakdown Maintenance Services. LRPS-2024- 9193910 UNICEF (Ethiopia) wishes to request eligible bidders to participate in a Request for proposal (LRPS)  FOR ESTABLISHING LONG-TERM ARRANGEMENTS  FOR THE PROVISION OF VEHICLES PREVENTIVE AND BREAKDOWN MAINTENANCE SERVICES. Details of the requirements for this bid and eligibility criteria etc. can be found in the bid document. Interested and eligible bidders can get the bid document with the below links; 2merkato.com https://tender.2merkato.com/tenders/6721f86b5d8b635f7bfd87a6 Bids must be received by latest on 20th November 2024 @ 10:00 am-East African time. Bids received after the stipulated date and time will be...

External Vacancy Announcement

Nib Insurance Company (S.C) invites competent and qualified applicants for the following vacant posts. Executive Officer Resources Management Basic Functions Under the general guidance of the Chief Executive Officer plans, organizes, directs and controls all functions related to finance, human, and material resources, and administration services; ensures compliance of appropriate laws, policies and procedures; proposes measures to enhance good labor relations, management of personnel and other administrative matters. Specific Duties and Responsibilities Planning, organizing, directing and controlling the activities of finance, human & material resources and administration services of the company; Supervising and controlling the operation of company's accounts; exercising control on the maintenance of...
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Canvas emerges as Ethiopia’s new cultural hub

In a significant development for the arts and culture scene in Ethiopia, Canvas has emerged as a vibrant new cultural center, redefining the landscape for events and exhibitions in the country. Spearheaded by Cactus, a leading advertising agency known for its innovative artwork and campaigns, this initiative aims to provide a versatile space suitable for various events, moving beyond...

CrowdPen African Voices Fellowship Launches to Empower Emerging Writers

Writers are set to benefit from the newly launched CrowdPen African Voices Fellowship, a prestigious program designed to empower emerging writers of African heritage. This initiative aims to provide a platform for diverse voices, nurturing the next generation of thought leaders who will shape narratives, spark important conversations, and inspire positive change across the continent. The CrowdPen African Voices Fellowship...

The Complex Interplay of...

Gold is one of the most valuable natural resources in the world, driving significant economic activity and wealth generation....

GDP Growth Numbers Vs...

Gross Domestic Product (GDP) growth is often heralded as a key indicator of a country’s economic success. In many...

Economic Development with Human...

Economic development is often seen as a positive force, driving progress, raising living standards, and fostering innovation. However, while...

How to Bet on...

Football betting in Ethiopia has increased multifold and has been a source of fascination for many people, making good...

The Rising Popularity of...

Casinos have long been a symbol of excitement, luxury, and high-stakes entertainment. Across the globe, these establishments provide a...

Exploring New Blockchain Solutions...

As cryptocurrency continues to revolutionize the global financial landscape, it has also carved out a niche in the online...

On Russia’s National Unity...

On November 4, Russia celebrates National Unity Day. The origins of the holiday go back centuries - to the...

Unlocking Ethiopia’s Economic Potential...

Ethiopia stands on the brink of a digital revolution. Over the last five years, the country has undergone a...

Merger and acquisitions is...

Bank mergers are not a new or recent phenomenon. These strategic steps have been taken by bankers during the...

Can the deep colonial...

Egypt could lose control over the Nile waters it has maintained for almost a century thanks to colonial-era treaties This...

The countdown to the...

Prosperity Party won the 2021 election not on commendable track records but on a postdated check—a promise to deliver....

Why African Ministries of...

As Africa strides towards self-reliance in health security, the Pan African Supply Chain Awards emerge as a crucial platform....

Mantashe to attend major AOW energy event

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October. AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies. Announcing Mantashe’s confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair...

The Gambia’s Minister of Petroleum and Energy Joins African...

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference, which takes place in Cape Town from November 4-8. The Gambia represents...