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Pakistani company lodges complaint over contract cancelation

A multi-million birr wheat purchase by the Ethiopian government has ended up in controversy as Pakistan-based Shakeel & Company; a winning company in the latest 2.6 billion birr worth of wheat, filed its compliant to the Ministry of Finance and Economic Corporation this week.

Yemeni contractor sues ERA over 153.9 mln birr

The Ethiopian Roads Authority (ERA) and HAWK International Finance and Construction Co Ltd, a Yemen-based contractor, have locked horns over 153.9 million birr performance bond which was deposited by the latter as guarantee for 1.1 billion birr road project – Gedo-Fincha-Lemelem Berha Road Upgrading Project – it is undertaking.

Violence escalates in northern Wollo

The week-long violence in Woldia and Kobo towns in Northern Wollo Zone of the Amhara Regional State, are far from over, as the region tries to calm the situation and start arresting youngsters, The Reporter has learnt.

Contraband continues to shackle gov’t revenue

MPs demand the identities of the so-called ‘Contrabandists’ The Ethiopian Revenues and Customs Authority (ERCA) revealed that, the likes of tax evasion, fraud and the recently growing role of contrabandists continue to hamper progress of revenue collection of the country.

Ethiopia licenses 20 overseas employment agencies

The Ministry of Labor and Social Affairs (MoLSA) announced that it has issued license to 20 agencies out of the 923 that applied to operate in Ethiopia as an overseas employment agency.

This was disclosed today on a press conference given by the State Minister Misganaw Admassu (Amb.), Human Resource Director Abebe Haile and Overseas Employment Director Berhanu Abera.

From deadlock to progress – Ethiopia, Egypt, Sudan

In an unexpected turn of events, the three negotiating countries over the Grand Ethiopian Renaissance Dam (GERD) announced that they have reached a milestone agreement regarding the negotiations over the dam’s impacts on downstream countries.

Gov’t lifts Middle East employment travel ban

The government of Ethiopia has decided to lift foreign employment permit ban levied specifically on Ethiopians traveling to the Middle East in search of jobs as domestic workers beginning tomorrow January 30, 2018. The ban went into effect four years ago following public outcry regarding the conditions of Ethiopians who faced brutality in the hands of their employers in the region.

Woldia under stay-home strike

Following the talk of holding three-day stay-home strike in Woldia, a town in the North Wolo Zone of the Amhara Regional State, The Reporter has observed that businesses have remained largely shutdown today in the town of Woldia with youngsters closing down major roads leading to and out of the town.

Meanwhile, federal forces have been spotted arriving in the area.

Authority charges 21 firms for price-fixing

Twenty one local steel bar producers have been charged by the Trade Competition and Consumer Protection Authority for allegedly jacking up rebar prices following devaluation of the birr in October, The Reporter has learnt.