Branding and WTO accession

Under the modernization process launched in 2010, Ethio Telecom, the most profitable enterprise in Ethiopia, changed its long established logo. When the new logo was introduced in February 2012 the enterprise stated that the ‘e’ shape with blue, green and yellow colour combination holds the ideas of: sharing and fertility inspired by the green ecosystem […]

The post Branding and WTO accession appeared first on Capital Ethiopia Newspaper.

Read More

Ethiopia to float 400,000 tonnes wheat bid, again

Public Procurement & Property Administration Agency, a regulatory body for the federal public procurement, allowed the Public Procurement and Property Disposal Service (PPPDS) to float a bid for 400,000 metric tonnes of milling wheat in shorter period of time than the usual time frame. This week PPPDS decided to annul the 400,000 metric tonnes of […]

The post Ethiopia to float 400,000 tonnes wheat bid, again appeared first on Capital Ethiopia Newspaper.

Read More

DBE join others in reducing interest rate

The Development Bank of Ethiopia (DBE) announced a significant reduction in interest rate to its customers to help them ease away the effects of the corona virus. According to Haileyesus Bekele President of the Bank, the bank has made 4 to 5 percent interest rate reduction which it has been charging between 11.5 to 12 […]

The post DBE join others in reducing interest rate appeared first on Capital Ethiopia Newspaper.

Read More

New proclamation to ease energy development investments

A draft amendment for ‘Geothermal Resource Development Proclamation No. 981/2016’ that will include the exemption of taxes is tabled to parliament. The draft amendment will consider the energy development as other mining and petroleum investments. The preamble of the draft amendment of the proclamation stated that the amendment aims to improve incentives for companies who […]

The post New proclamation to ease energy development investments appeared first on Capital Ethiopia Newspaper.

Read More

Africa records over 200,000 COVID-19 cases

COVID-19 continues to spread in Africa since the virus was first detected on the continent in mid-February 2020. More than 200,000 cases have been confirmed so far, with more than 5,600 deaths. The pandemic is accelerating – it took 98 days to reach 100,000 cases and only 18 days to move to 200,000 cases. Ten […]

The post Africa records over 200,000 COVID-19 cases appeared first on Capital Ethiopia Newspaper.

Read More

UN calls on governments to help landlocked neighbours

Well-functioning transit transport services and procedures are essential to ensure people in landlocked developing countries have timely access to medical products and basic goods during and after the crisis. When borders around the globe close, every country suffers, but those without territorial access to the sea are affected in unique ways, said a United Nations […]

The post UN calls on governments to help landlocked neighbours appeared first on Capital Ethiopia Newspaper.

Read More

World faces worst food crisis for at least 50 years, UN warns

The world stands on the brink of a food crisis worse than any seen for at least 50 years, the UN has warned as it urged governments to act swiftly to avoid disaster. Better social protections for poor people are urgently needed as the looming recession following the coronavirus pandemic may put basic nutrition beyond […]

The post World faces worst food crisis for at least 50 years, UN warns appeared first on Capital Ethiopia Newspaper.

Read More