October 30

• Ethiopia: Tax Authority Reports Successful Quarter With Above-Target 22.2 Billion Br

  Merkato , the largest open market in Africa where many of the capital business which the IMF says has only 25pc tax compliance rate is being investigated by the ERCA officers who... Read more »

October 23

• Ethiopia: Gold Shines Less in Export Revenue

  The Ministry of Mines (MoM) reports poor gold export revenue for the first quarter of the 2012/13 fiscal year, as traditional miners fall short by nearly a quarter and MIDROC... Read more »

• Ethiopia: Tullow's Drilling Crew to Arrive Within a Month

  The Ministry of Mines (MoM) is facilitating the visa process for a drilling crew that includes around 20 experts mainly from Poland for the drilling process that Tullow Ethiopia... Read more »

• Ethiopia: Cassations Bench Overrules Supreme Court On Legal Fight Between Brothers

  Cassations bench reversed Superme court ruling on the case of two half brothers fighting over one G+5 building near Bambis Supermarket in Kirkos District on October 5, 2012. Read more »

• Ethiopia: Coca Cola to Kick Off Bahir Dar Plant Construction

  East African Bottling Company, the Coca Cola producer, received 30ha of land from the Bahir Dar city administration to build its third coca cola factory in Ethiopia at an outlay of... Read more »

• Ethiopia: "Big-Brother" Comes to Ethiopia for Nearly One Billion Birr

  The federal government is in the process of launching an ultramodern national identification card issuance system that experts in the field are estimating to cost the country... Read more »

• Ethiopia: NICE Profit Jumps From Little to Record Millions

  National Insurance Company of Ethiopia (NICE) reported earnings per share (EPS) of 1,096Br from a highest ever profit after tax of 17.97 million Birr for the 2011/12 fiscal year, a... Read more »

• Ethiopia: What the World Bank Thinks About Ethiopia [interview]

  Thinking beyond dogmas is typical of Guang Z. Chen, the resident country director of the World Bank Group (WBG) in Ethiopia. An educational background that took him between the two... Read more »

• Ethiopia: EEPCo Replaces Metal Poles With Wood to End Eastern Blackout

  Several towns in eastern Ethiopia, including Dire Dawa, get light after eight days of blackout following theft of parts of metal electric towers, leading to 41 million Birr damage. Read more »

• Ethiopia: ECX Alumni to Help Set Up Tanzanian Exchange

  Stalwarts Management Consultancy Services, founded by former employees of the Ethiopian Commodity Exchange (ECX) recently signed a 200,000 dollar World Bank contract, to conduct a... Read more »

• Ethiopia: Israeli Castor Project Proceeds On Six Hectares in Shinile

  Ethiopeace Plc, an agro-investment company established by six Israelis, has finalised its castor seed pilot project and started plantation on six hectares, expecting export quality... Read more »

• Ethiopia: Oromia Giving Away 366 Dump Trucks to Road Contractors

  Rural residents participate in the construction of roads that connect all Kebele’s in the country to major all-weather roads. Read more »

• Ethiopia: City Administration Bureaus - Moving in Moving Out

  One of the buildings built to house the Addis Abeba Sport Commission, is located around Amest Kilo along Tewodros Street in Arada District. Read more »

October 17

• Ethiopia: Khat Export Revenue Through Dire Dawa Post Office Tumbles

  The revenue of the Dire Dawa Zone post office for 2011/12 declined by about half as central bank requirements and bans by export destinations made it lose nearly three million Birr... Read more »

• Ethiopia: Clients of Real Estate Company to Form a Committee to Access Home

  Homebuyers at Access Real Estate's Meri CMC site are preparing to form a committee to look into causes of delayed delivery dates, after a meeting with the company's founder Ermyas... Read more »

• Ethiopia: Last Ditch Effort to Avoid Paying 400 Br Rent for a Square Metre of Real Estate At Stadium

  Worried lessees of shops around the national stadium are struggling to work out a compromise that could help them pay less than 400 Br per square metre rent, up from the current... Read more »

• Ethiopia: Adam Smith Wins 11 Million Br Deal to Survey Economy for Revenues Authority

  Adam Smith International Ltd, a UK consultancy firm, is to study Ethiopia's tax revenue potential for the Ethiopian Revenues and Custom's Authority (ERCA) for 10.7 million Br in a... Read more »

• Ethiopia: Hundreds of University Students Stranded in Addis Abeba

  Intercity buses wait for passengers every morning to provide transportation service for travelers who want to go outside Addis Abeba. Read more »

• Ethiopia: Adama University Going for a 120 Million Br Innovation Centre

  The 3D model of the Technology research park to be built at Adama Science and Technology University. Read more »

• Ethiopia: Houses Opening Draws Attention to Unemployment, Inflation

  The joint session of the two houses started on Monday, October 8, 2012, after the moment of silence in honoring the late Prime Minister Meles zenawi followed by the national... Read more »

• Ethiopia: Record Profit Steers United Insurance Into a Changed Industry Landscape

  Faced with a new insurance landscape that emerged over the past fiscal year, United Insurance yet had a cause to look optimistically into the future with a net profit after tax of... Read more »

• Ethiopia: Wind Farm Project Becomes More Ambitious With Chinese Joint Venture

  The joint venture of CGCOC and Hydro-China, that constructed Adama I wind farm project Hydrochina Corporation, is in negotiations to proceed working there for the next five years... Read more »

• Ethiopia: Delight For Your Taste Buds at Cupcake Delights Bakery

  Cupcake Delights Bakery offers a wide assortment of cupcakes, but its customers seem to go more for its cinnamon rolls. Read more »

• Ethiopia: Kombolcha Textile Aims Higher With Nearly a Hundred New Machinery

  Kombolcha Textile Factory, equipped with 98 new machinery, is planning to 13 million dollars in 2012/13, up from eight million dollars the previous year. Read more »

October 9

• Ethiopia: Spare Parts Price, Quality Miffs Car Owners

  On the evening of Tuesday, September 25, 2012, at around 7pm, a crowd of people were standing around Diaspora Square, on Fikremariam Aba Techan Street, waiting for a taxi which... Read more »