Ethio Telecom Gears Up Monopoly

[Addis Fortune] The monopoly telecom operator, Ethio telecom, will begin registering new mobile phones into the system starting from tomorrow in a bid to prevent smuggled phones in the local market and prevent a telecom fraud committed by breaching the…

[Addis Fortune] The monopoly telecom operator, Ethio telecom, will begin registering new mobile phones into the system starting from tomorrow in a bid to prevent smuggled phones in the local market and prevent a telecom fraud committed by breaching the company's satellite network.

source: AllAfrica News: Ethiopia

WB Approves $600 Million Grant for Safety Net System

[Addis Fortune] The International Development Association (IDA), a wing of World Bank, granted Ethiopia 600 million dollars to help food insecure people and implementation of safety net programs.

[Addis Fortune] The International Development Association (IDA), a wing of World Bank, granted Ethiopia 600 million dollars to help food insecure people and implementation of safety net programs.

source: AllAfrica News: Ethiopia

Commuters Fed Up With Addis’ Ever Messy Transportation

[Addis Fortune] At the taxi station corners of Qaliti, Gelan Condominium, Emebet Arega begs the people in the first row of a long winding queue to give her precedence to take the coming taxi, despite being the last one in the queue.

[Addis Fortune] At the taxi station corners of Qaliti, Gelan Condominium, Emebet Arega begs the people in the first row of a long winding queue to give her precedence to take the coming taxi, despite being the last one in the queue.

source: AllAfrica News: Ethiopia

Describing What Transpires Inside the Most Powerful Governing Party of Ethiopia As an Intense Power Struggle May Sound a Bit Far-Fetched

[Addis Fortune] Describing what transpires inside the most powerful governing party of Ethiopia as an intense power struggle may sound a bit far-fetched, says gossip. The power dynamics and alliances are fluid; it can be misleading to discern formation…

[Addis Fortune] Describing what transpires inside the most powerful governing party of Ethiopia as an intense power struggle may sound a bit far-fetched, says gossip. The power dynamics and alliances are fluid; it can be misleading to discern formations of groups neither on party affiliations nor ideological preferences, claims gossip.

source: AllAfrica News: Ethiopia

The Ethiopian State – From Ascription to Subscription

[Addis Fortune] In a few weeks, the federal agency, in charge of overseeing polls either for legislative councils or referendums will be back in action. It will carry out a referendum, allowing people in eight Kebeles in Gonder area to decide whether t…

[Addis Fortune] In a few weeks, the federal agency, in charge of overseeing polls either for legislative councils or referendums will be back in action. It will carry out a referendum, allowing people in eight Kebeles in Gonder area to decide whether they want to identify themselves with the Qimant, a minority group in the Amhara Regional State.

source: AllAfrica News: Ethiopia

Nile Settles 231 Million Br Claims

[Addis Fortune] Nile Insurance S.C, one of the veteran firms in the country, paid a claim of 231 million Br in the past fiscal year, according to its unaudited report. The firm has written a premium of 420 million Br and 28 million Br from general and …

[Addis Fortune] Nile Insurance S.C, one of the veteran firms in the country, paid a claim of 231 million Br in the past fiscal year, according to its unaudited report. The firm has written a premium of 420 million Br and 28 million Br from general and life insurance lines of business, respectively during the same fiscal year.

source: AllAfrica News: Ethiopia

Lewi Erects Another Resort in Wolayita

[Addis Fortune] Lewi Hotels & Resorts Ethiopia expands to Wolayita Sodo, 312.3Km from Addis Abeba by erecting a new resort. The investment capital amounts to 200 million Br, according to the management of the company.

[Addis Fortune] Lewi Hotels & Resorts Ethiopia expands to Wolayita Sodo, 312.3Km from Addis Abeba by erecting a new resort. The investment capital amounts to 200 million Br, according to the management of the company.

source: AllAfrica News: Ethiopia

Giant Printer to Advance Security Printing

[Addis Fortune] Berhanena Selam Printing Enterprise, the state-owned printing press, is to launch an advanced security printing with an investment of 200 million Br. For the procurement of the printing machines, it announced a tender for the second tim…

[Addis Fortune] Berhanena Selam Printing Enterprise, the state-owned printing press, is to launch an advanced security printing with an investment of 200 million Br. For the procurement of the printing machines, it announced a tender for the second time after its failed attempt two years ago.

source: AllAfrica News: Ethiopia

Corruption Probe Crawls to Mesfin Tefera

[Addis Fortune] The Federal Police Commission Crime Investigation Division has arrested the Deputy Chief Executive Officer of Ethiopian Shipping & Logistics Services Enterprise (ESLSE), Mesfin Tefera, on Thursday, September 14, 2017. This raised the number of individuals arrested in connection with the recent grand corruption turmoil to 129.

[Addis Fortune] The Federal Police Commission Crime Investigation Division has arrested the Deputy Chief Executive Officer of Ethiopian Shipping & Logistics Services Enterprise (ESLSE), Mesfin Tefera, on Thursday, September 14, 2017. This raised the number of individuals arrested in connection with the recent grand corruption turmoil to 129.

source: AllAfrica News: Ethiopia