Four public enterprises to get partially privatized: Ministry

. Ethiopia earned more than 977 million USD from export in five months ADDIS ABABA-. Government selected four enterprises for partial privatization, with Ethio Telecom getting first in line for initial privatization,... Read more »

Renegotiating debt payback time

Of late, the Ministry of Finance announced that the country’s international and domestic debt is estimated to be 50 billion USD or 1.4 trillion Birr. The government is also expected to pay... Read more »

Foundation eyeing education sector to boost Ethio-UAE ties

ADDIS ABABA- Supporting Ethiopia’s education quality improvement policy and financing the construction of schools in various parts of Addis Ababa, the UAE based Al Maktoum Foundation (AMF) is playing its part in... Read more »

Electric utility sets to install new technologies

ADDIS ABABA – Ethiopian Electric Utility (EEU) said it has finalized preparations to install stateof-the-art technologies in a bid to advance the quality and accessibility of its services. Approached by The Ethiopian... Read more »

Expanding high-tech financial resources mobilization

Praising the rapid expansion of bank branches and improved penetration of modern services including electronic banking, mobile banking, ATM and Point-of-Sale machines, experts in the field say that the sector is looking... Read more »

Gov’t urged to hasten loan repayments

ADDIS ABABA- The huge allocation of foreign and domestic loans to infrastructural projects slows the returning of debts thereby increasing Ethiopia’s level of indebtedness, economics expert said. Economics Associate Professor at Dilla... Read more »

Shortening projects execution period viable option: Premier

ADDIS ABABA – Corrective economic measures have been introduced to exhaustively use resources at hand and avoid ambitious and capital intensive projects that require large and external loans, Prime Minister Dr. Abiy... Read more »

Reform aims at rooting out not giving quick fix to challenges

Following the bold measure the reformed government took to widen the political terrain, political parties that were tacitly emasculated here as well as those coerced to seek asylum abroad have come aboard... Read more »

Judicial independence’s springboard role in ongoing reform

Nine months hadelapsed since the reformist Prime Minister Dr.Abiy Ahmed popped up on the political limelight of the country. The Premier has been takingmany glaring political reforms. He had givenclemency for political... Read more »

Cabinet endorses Ethiopia’s membership to Africa Free Trade Agreement

Addis Ababa- The Council of Ministers yesterday approved Ethiopia’s membership to the Africa’s Continental Free Trade Agreement (AfCTA) . Prime Minister Office said in a statement it released yesterday that AfCTA would... Read more »