Thursday, June 20, 2024

Author Name

Selamawit Mengesha

Total Articles by the Author


Surplus from accounting transition cannot be dividends: new directive

A new directive from officials overseeing accounting and auditing activities in the country instructs businesses to keep separate accounts for surpluses or deficits resulting...

Commission eyes digital solution to education credential dilemma in civil service

The Federal Civil Service Commission has announced plans to launch a software application to verify the educational credentials of civil servants. Heads of the Commission...

Authority to Cancel Hundreds of CSO Licenses

Officials at the Authority for Civil Society Organizations have threatened to revoke the licenses of close to 500 civil organizations in response to failures to submit audit reports.

Ethiopia’s cultural reawakening arrives on campus

AAU revives Cultural Festival to promote the Arts Addis Ababa University's storied grounds came alive last week as the country’s premier institution revived its long...

Liability Corp to appropriate plots in capital in bid to repay bloated SoE debts

The Ministry of Finance has instructed the Mayor of Addis Ababa to transfer the title deeds of several sizable plots in the capital to...

Officials hit pause on cryptocurrency mining permits as entrants ready to start operations

More than 20 firms ink power purchase deals with EEP Ethiopian authorities have temporarily suspended the issuance of new operation permits for cryptocurrency mining ventures...

Parliament, Industry Ministry call for end on Afar Mining monopoly on salt

Regionalized protectionism over the industrial salt market has led members of Parliament and Industry Ministry officials to call for federal intervention to save a leather and tannery industry teetering on disaster.

Ethiopia’s musical renaissance: A soundscape for a new generation

Stepping into the enchanting world of Ethiopian music, melodies are often woven together in a bundle of emotions that transcend time. With a history...

OVID Construction makes foray into finance with mortgage banking venture

Promoters looking to meet NBE 5bln minimum capital threshold The executives of a fast-growing construction firm have decided to take a chance in the...

New Djibouti cargo procedures cause delays, cargo volume shortfall

Maritime Authority pleas ignored by senior delegation The introduction of new and irregular procedures at ports in Djibouti are causing “unnecessary delays” in Ethiopia’s...