METEC – New Business Ethiopia

Ethiopia appoints three ministers, commissioner, attorney general

March 12, 2020March 12, 2020 NBE Children and Youth, Ethiopia, Federal Attorney General, Federal Ethics and Anti-Corruption Commission, METEC, Minister of Health, Minister of Revenue, Minister of Women, Prime Minister Abiy Ahmed

The Ethiopian parliament today approved appointment of three ministers, attorney general and commissioner for the Federal Ethics and Anti-Corruption Commission.

Politics

Ethiopia to release 60 ex-officials, opposition figures

February 25, 2020February 25, 2020 NBE Christian Tadele, Ethiopia, ETV, Major General Kinfe Dagnew, METEC, NAMA, National Movement of Amhara, Nigussu Tilahun, Prime Minister Abiy Ahmed, Prosperity Party, Tigray Region

The Government of Ethiopia on Monday announced its plan to release from prison 60 former officials implicated in grand corruption

Crime

Ethiopia charges former electricity boss for corruption

December 27, 2019December 27, 2019 newbusinessethiopianews Colonel Mulu Woldegabriel, corruption, EEP, Eng. Azeb Asnake, Ethiopia, Ethiopian Electric Power, GERD, Great Ethiopia Renaissance Dam, METEC

The government of Ethiopia has charged the former Chief executive officer of Ethiopian Electric Power (EEP), Eng. Azeb Asnake for

Politics

Ethiopian army company pleas for $2 billion debt cancellation

August 8, 2019August 8, 2019 Ethiopia, METEC, s

The highly indebted and implicated in grand corruption and embezzlement military owned company (Metal Engineering Corporation (METEC), made plea for

Manufacturing

Ethiopia vows to make sugar import history

February 19, 2019February 21, 2019 Arjo, ESC, Ethiopia, Ethiopia sugar import, Ethiopian Sugar Corporation, Fincha, India sugar export to Ethiopia, Kessem, Matahara, METEC, Omo Kuraz I, Omo Kuraz II and Omo Kuraz III, Omo Kuraz V, sugar factories in Ethiopia, Tana Beles, TanaBeles I, Tehdaho, Wolkaite, Wonji-Shewa

Ethiopian Sugar Corporation (ESC), the state agency in charge of regulating the industry says, Ethiopia will meet its local sugar

Energy

Chinese companies secure energy deals in Ethiopia

February 19, 2019February 19, 2019 CGGC of China, Chinese companies in Ethiopia, Chinese power companies, energy deal, Ethiopia, GERD, Grand Ethiopian Renaissance Dam, hydropower, METEC, Salini Impregilo

Ethiopian Electric Power (EEP) on Monday has signed two energy deals with Chinese companies – a $113 million contract with

Prosecutor charges against Ethiopia’s military company head

Crime

Prosecutor charges Ethiopia’s military company head

January 11, 2019January 11, 2019 Colonel Desse Zeleke, Colonel Getnet Kindeya, Colonel Goytome Kebede, Eleni Cherinet, Ethiopia, grand corruption, Major General Kinfe Dagnew, METEC, Remedan Musa

The federal prosecutor of Ethiopia on Thursday opened grand corruption charges against the director general of the military owned metal

Crime

Suspect human rights offenders in Ethiopia appear court

January 10, 2019January 10, 2019 Cherinet Dana, Colonel Desse Zeleke, Ethiopia, Goh Atsbeha, human rights offenders, METEC, Remedan Musaand, Tigst Tadesse

Suspect human rights offenders in Ethiopia, who have been in custody for the past few weeks, Maasho Kidane and Adush

Investment

Ethiopia generates $3 billion selling state enterprises

January 4, 2019January 8, 2019 Ambo Mineral Water, Arsi Agricultural Development, Bale Agricultural Development, Bedele Brewery, Diageo, Ethio Telecom, Ethiopia, Ethiopian Airlines, Ethiopian Electric Corporation, Ethiopian Shipping and Logistics Services Enterprise, Harer Brewery, Heineken International, Horizon Plantations, IT International S.A., Legedembi Gold Mine, Limu Coffee Agriculture Development, Meta Brewery, Metal Engineering Corporation, METEC, MIDROC, National Tobacco Enterprise, privatization, Sheba Investment Holding Limited, Sheik Mohammed Hussein Ali Al-Amoudi, Tobacco Enterprise, Wush Wush Gumaro Tea

By Andualem Sisay Gessesse – The government of Ethiopia has privatized 290 companies in 14 years from 1995-2015, according to

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