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Deloitte Nabs Capital Market License
Deloitte has acquired the first license for investment advisory services in the upcoming stock exchange more than a month after the Ethiopian Capital Markets...
Draft proclamation proposes to make livestock slaughter outside abattoirs criminal offense
Legislation in the works under experts at the Ministry of Agriculture proposes criminal penalties for the slaughter of livestock whose meat is destined for...
Low electricity tariffs discouraging private investment in energy: state utility firm
Power bills set to rise by September Heads of the state utility Ethiopian Electric Power (EEP) claim considerations for private sector investment in the energy...
Utility bills tipped to rise before year’s end
Electric power bills are set to surge in the coming months, as the heads of state-run utility companies prepare to cut ‘challenging’ subsidies. Ashebir Balcha...
Flour mills enthusiastic about new duties on franco valuta imports
Wheat flour importers pay 25 percent Domestic wheat millers breathe a sigh of relief as the authorities enact a 25 percent duty on imported flour,...
Sudan’s neighbors tell US Khartoum is “barreling towards a point of no return”
Six million Sudanese displaced, more than 10,000 dead one year into civil war Tom Periello, US special envoy to Sudan, said there are “clear messages”...
Rehabilitation Commissioner Teshome Toga resigns for “personal reasons”
Ethiopia's founding Commissioner for Rehabilitation, Teshome Toga (Amb.), has resigned after 14 months at the helm of a three-year disarmament and rehabilitation program. Temesgen Tilahun,...
Zemen becomes first insurer to invest in Securities Exchange
The insurance industry is dipping its toes in the Ethiopian Securities Exchange (ESX) as Zemen becomes the first insurer to hold a 20 million...
Foreign Ministry appoints Nebiyu Tedla as spokesperson
Seasoned diplomat Nebiyu Tedla has been appointed the new spokesperson for the Ministry of Foreign Affairs, replacing Meles Alem (Amb.). The spokesperson made his debut...
Ministry looks to involve private investors in ailing railway transport
Officials at the Ministry of Transport and Logistics are considering permitting private sector participation in railway freight transport as a means to cut market...
