Thwarting contraband to boost revenue

The Ministry of Revenue announced that it has recently collected 83 billion birr (close to 3billion USD) from tax and non-tax revenues over the past five months. Indicating the revenue from various... Read more »

Ethiopia, Djibouti pledge to upscale ties .15th Ministerial Meeting kicks off

Ethiopia and Djibouti have agreed to further collaborations in peace and development at all spheres during the 15th  Joint Ministerial Commission Meeting  kicked     off  in Djibouti yesterday. Ethiopian Foreign Minister Workneh Gebeyehu... Read more »

ERC finalizing Awash-Kombolcha Railway project

The Ethiopian Railway Corporation (ERC) announced that the construction of the Awash-Kombolcha Railway Line has reached 97 percent. The 270 Kilometer Railway Line is a first phase of the single line electrified... Read more »

Commission providing incentives to promote joint venture investment

ADDIS ABABA-Ethiopian Investment Commission (EIC) said it has concocted new incentives to encourage local and foreign manufacturing companies to engage in joint venture (JV) in Ethiopia. Temesgen Tilahun, Deputy Commissioner of EIC... Read more »

Dr. Markos receives credentials of Australian Ambassador to Ethiopia

State Minister of Foreign Affairs Dr. Markos Tekle received copies of Credentials of Australian Ambassador to Ethiopia, Ambassador Peter Doyle esterday. State Minister Dr. Markos welcomed Ambassador Peter Doyle to his office... Read more »

CBE earns 9.4 bln birr profit

.Collects 3 bln USD ADDIS ABABA–Commercial Bank of Ethiopia (CBE) reported that it has earned 9.4 billion birr (347.7 million USD) profit over the last six months. During the presentation of a... Read more »

College strives to reduce maternity death

ADDIS ABABA – St. Paul’s Hospital Millennium Medical College announced that the college has been undertaking several measurements to provide maternal health care service. Hospital Deputy Provost Dr. Lidya Tefera said that... Read more »

House deliberates on diplomatic achievements of the last six month

ADDIS ABABA – The House of People’s Representatives (HPR) lauded the diplomatic achievements accomplished to secure and promote the national interests of the country over the last six months. Foreign Relations and... Read more »

Nation to host 6th National Cooperatives’ Exhibition, Bazaar and Symposium

ADDIS ABABA – The Federal Cooperative Agency announced that the 6th National Cooperatives’ Exhibition, Bazaar and Symposium will be held from February 7 to 13 under the theme “Cooperative Marketing for Fairness,’... Read more »

Ethiopia, Volkswagen Group sign MoU

ADDIS ABABA- The Ethiopian Investment Commission (EIC) and Volkswagen Group signed MoU that would enable the Group to set up sustainable, vertically integrated and export-oriented automotive industry in Ethiopia. On the occasion,... Read more »