Refocusing priorities

Plan and Development Commission (PDC) was planning to hold a public discussion for the document it prepared. The document dubbed as Ethiopia’s first-ever ten-year Perspective Development Plan aims to address the existing challenges of sustainable economic development. The ten-year plan mainly focus on solving the social and economic issues of the country. Fitsum Assefa who […]

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Parliament approves additional budget to fight COVID-19

Aiming to fill the required supplementary budget, the government announced that it has created fiscal space against the Home Grown Economic Reform. The government said that the tax and non tax collection in the coming months of the budget year will shrunk by 11 billion birr, while the indirect tax collection for March has dropped […]

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Electronics transaction proclamation comes to effect the same day House ratifies it

In an unusual trend the House of Peoples’ Representative approves the electronics transaction proclamation to be in effect as of the day the house ratifies the proclamation. The draft proclamation has been under review by Human Resource and Technology Affairs Standing Committee for almost a month since it was tabled to the parliament on April […]

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WFP launches gov’t-supported air hub for COVID-19 response

The World Food Program /WFP/ has officially inaugurated its logistic hub for Covid response in African in Addis Ababa at Bole International Airport on May 27, 2020. The new hub is part of the United Nations initiative from which COVID-19 supplies, equipment and humanitarian workers will be transported to and from African countries. WFP Executive […]

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Tour operators get a sweet deal from gov’t

Tour operators, one of the most vulnerable sectors after the coronavirus pandemic, get a green light to rent their vehicles to any businesses that were imported duty free, Capital learned. Since the outbreak was reported globally even before it was reported in Ethiopia the tourism and related sectors have been highly affected by the pandemic. […]

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Enterprises to distributed cement exclusively

The Ministry of Trade and Industry has authorized only governmental development enterprises to directly distribute cement from factories to the open market. “The high price of cement on the open market has stressed the construction sector despite the Ministry’s effort to control the price and protect the construction sector,” said Eshete Asfaw, Sate Minister of […]

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COVID-19 makes it almost impossible to fight weed on Lake Tana

The COVID-19 pandemic has worsened the infestation of Water Hyacinth or commonly known as ‘Emboch’ on Lake Tana, the largest lake in the country and source of the Blue Nile River. Starting from 2011 the lake has been affected by the infestation which is the most dangerous weed affecting lakes around the world. At the […]

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COVID-19 makes it almost impossible to fight weed on Lake Tana

The COVID-19 pandemic has worsened the infestation of Water Hyacinth or commonly known as ‘Emboch’ on Lake Tana, the largest lake in the country and source of the Blue Nile River. Starting from 2011 the lake has been affected by the infestation which is the most dangerous weed affecting lakes around the world. At the […]

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Hotels failing to abide rules and regulations on employees: Association

Ethiopian Hotel Professionals Associations asked the government to control over the implementation of directives and regulations imposed on employment, layoff and termination. As stated by the board members of the association on May 29, 2020, there are hotels which are laying off employees, cutting off their salary and not protecting their employees from getting affected […]

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Hotels failing to abide rules and regulations on employees: Association

Ethiopian Hotel Professionals Associations asked the government to control over the implementation of directives and regulations imposed on employment, layoff and termination. As stated by the board members of the association on May 29, 2020, there are hotels which are laying off employees, cutting off their salary and not protecting their employees from getting affected […]

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