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Bill to establish national fund for IDPs
Officials at the Ministry of Peace are drafting a new proclamation to establish a national fund for internally displaced people (IDP) in order to...
Boeing faces “fraud” charges for 737-Max crashes in Ethiopia, Indonesia
The US aircraft maker pleaded not guilty
Boeing, one of the world's major aerospace manufacturers, is facing felony fraud charges in connection with two 737-Max...
What changes will the new excise tax legislation bring?
A new excise tax proclamation tabled in Parliament this week has shuffled existing rates, with the new bill aiming to correct mistakes in the...
Liquidity shortage returns, new loan applications halt
Banks have been compelled to halt considering new loan applications due to a liquidity crunch affecting the banking sector.
Because of the lack of cash,...
Fixing Addis light rail may cost at least $60 million
Lack of spare components has idled 23 trains
About USD 60 million is required to repair over 23 trains of the Addis Ababa Light Rail,...
Bill proposes liberalizing domestic airline industry
Foreign aviators demand tax holiday, operating space
The federal government has planned to end protection over the domestic aviation sector and allow foreign investors to...
Electric cars pose risk to insurers, create new claim scenarios
Charter revision underway
Insurance firms are confronted with new claim situations as the introduction of electric vehicles poses a risk to the insurance market.
The past...
Peace agreement heralds slight increase in tourists
The recent peace agreement between the federal government and the Tigray People's Liberation Front (TPLF) signals a revamp in the tourism sector and a...
Amid calls for restructuring, autonomy, central bank gets new governor
Prime Minister Abiy Ahmed (PhD) has reshuffled top officials during the past week, a curious but not entirely unexpected move. Ministers and high-ranking officials...
Ministry assesses war-affected industries in Tigray
Officials at the Ministry of Industry (MoI) are assessing damages sustained by manufacturing industries in Tigray Regional State during the two-year war in the...
