Diaspora account holders seek revision in directive for better forex inflow

ADDIS ABABA–The revised directive for diaspora account regulation can encourage account holders as it has lifted the USD 50,000 maximum threshold to deposit at a time, but there are some more articles... Read more »

Oxford University inaugurates first ever handbook on a single African country’s economy

ADDIA ABABA- The first handbook ever by Oxford University on a single African Economy assures that the successful industrialization in Ethiopia drives challenged the long-held erroneous assumption that industrial policy will never... Read more »

Hotel service quality improving from time to time

ADDIS ABABA –Ministry of Culture and Tourism said star hotels are warmly welcoming guests, who are arriving from around the continent and other parts of the globe to attend the 32th AU... Read more »

Ethiopia’s reforms attracting more attention of leaders

The reforms underway in Ethiopia are making the country more attractive to foreigners than ever before as many high level political leaders of different countries are paying official visits in the country... Read more »

Guinea’s Alpha Conde on official visit to Ethiopia

ADDIS ABABA(ENA) — Prime Minister Abiy Ahmed received President Alpha Condé of Guinea at his office on last Wednesday. During his visit, President Alpha Conde will meet with Prime Minister Dr. Abiy... Read more »

AU’s SAATM covers 700 mln. Africans

ADDIS ABABA- The Single African Air Transport Market (SAATM) launched during the 2018 Summit of the Africa Union has covered over 700 million people living in 28 member countries, the continental organization... Read more »

Dr. Workneh meets Kenyan, S. Sudanese FMs

  ADDIS ABABA- Foreign Affairs Minister Dr. Workneh Gebeyehu held talks yesterday with his Kenyan and South Sudanese counterparts on ways to consolidate relations in trade and investment fields and strengthen partnership... Read more »

Enterprise collects over 131 mln Birr

ADDIS ABABA- Ethiopian Toll Roads Enterprise (ETRE) collected 131.25 million Birr over the past six months from light vehicles and trucks in their daily travels to and from Addis Ababa and Adama.... Read more »

Tax revenue increases despite lopsided collection

Modernizing the tax collection and administration pave the way for citizens to contribute their shares for the country’s ambition of self-reliance in undertaking development projects, as experts in the area say. The... Read more »

Modjo-Hawassa expressway to see completion in three years

The Ethiopian Road Authority (ERA) said part of Addis-Mombasa road interconnection, ModjoHawassa expressway, will see completion within three years as scheduled, The Ethiopian Herald learnt. Authority Communication Director Samson Wondimu said that... Read more »