- Police took proportional measures in Oromia
- Amhara Special Force accused of taking proportional measure
- Amhara region requested to issue apology for Kimant nationalities
Ethiopia’s state-owned electricity company, Ethiopia Electric Power (EEP), has agreed to pay USD 6.5 million to refund investors in the United States after failing to register bonds it marketed and sold to American residents of Ethiopian descent, the US Securities and Exchange Commission (SEC) said.
Sluggish performance in the direct and indirect tax categories, specifically the value added and corporate profit taxes, is said to have stifled the overall budget performance of the Ethiopia government during the current fiscal year.
After discarding steel procurement worth of some three billion birr in April, the Addis Ababa Saving House Development Enterprise recently awarded a local manufacturer to supply close to 126 million kilograms or 126,000 tons of steel valued at some 2.2 billion birr.
The House of People’s Representatives (HPR) on Tuesday approved the Computer Crime Proclamation bill which aims to regulate and protect against cybercrimes and to protect the rights of individuals.
After the government started pushing Chinese mobile phone makers to export, the manufacturers, who assemble their products here, are anxious and confused saying they are not yet ready to compete on the global arena, The Reporter has learnt.
Africa Hall, the permanent headquarters of the United Nations Economic Commission for Africa (UNECA), which was where the predecessor of the African Union (AU)—the Organization of the African Unity (OAU)—was established, is to undergo a major renovation.
EAG to acquire Tiger's shareholding in EATBI
East Africa Group (EAG) this week announced its intention to acquire Tiger Brands' 51 percent stake in East African Tiger Bands Industries PLC (EATBI), bringing its shareholding in the business to 100 percent.