The head office of the Ethiopian Coffee and Tea Authority, which has served for over 40 years, entered into maintenance and renovation works at a cost of 130 million birr.
‘Cities Finance Strategy’, a new document tabled to the Ministry of Finance, mandates cities and towns to cover at least 70 percent of their capital and recurrent expenditures from internal revenues.
A conglomerate dubbed ‘Government Holding Company (GHC)’ is under-formation; it is going to be an umbrella company which will be a hub for all State Owned Enterprises (SOEs) that are currently being overseen by the Public Enterprises Holding and Administration Agency (PEHAA). The holding company will be administered by a Board to be established.
The new institutional structure revealed following PM Abiy’s new cabinet back in early October is designed to last at least for the next ten years, The Reporter learnt.
Banks have been compelled to halt considering new loan...
Prime Minister Abiy Ahmed (PhD) has reshuffled top officials...
As Rastafari around the world join Ethiopia in commemorating the 1896 victory at the Battle of Adwa, the repatriated community in Shashemene received news that the government is now ready to begin the process of granting permanent residence to those with valid passports