BY ANDUALEM SISAY GESSESSE – They say, ‘the most successful people in life are those who do what they love…
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Ethiopians prefer driving home-grown cars
By Luc van Kemenade for newBusinessEthiopia.com With public purchasing power on the rise, Ethiopia’s small but emerging middle class yearns…
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Dancing the bio-fuel samba
By Tesfu Telahoun To describe Ethiopia as a large country is to understate the sheer size of this truly vast…
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Ethiopia set to boost revenue 52 percent
The Ethiopian Revenue and Customs Authority set to increase government revenue for the fiscal year 2009/10 (July 8, 2010 –…
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On Earth as it is in Heaven…
Since the dawn of civilization and up to the late 1960s, Ethiopia has played prominent even leading roles in the…
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OIC seals 21 million Birr insurance agreement with farmers
Oromia Insurance Company (OIC) is set to sign tomorrow a 21 million birr worth (around 1.6 million USD at today’s…
Read MoreEthiopia needs biotechnology policy, say scientists
Ethiopia needs a national biotechnology policy in order to develop its capacity and apply the technology in agriculture, environment, health…
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Ethiopian banks’ revenue grew to 24 percent
The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the similar period…
Read MoreUN Economic Commission for Africa commences building construction in Addis Ababa
The United Nations Economic Commission for Africa (UNECA) officially launches this morning, June 21, 2010, the construction of new office…
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Ethiopia fails to meet reserve fuel target
The Ethiopian Ministry of Mines and Energy (EMoME) failed to meet national target of increasing reserve oil of the country…
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Nyota Minerals buys 80 percent share in Ethiopia
Following approval received at shareholder meeting last week, Nyota Minerals Ltd. (NYO.AU) announced yesterday, June 14, 2010 that it acquires…
Read MoreEthiopia to boost budget 20 percent
Ethiopian Minister of Finance and Economic Development (MoFED) presented to the Parliament a 20 percent national budget increment (1.5 billion…
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