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  • The price of land in Addis Abeba is becoming more unpredictable with each day. A city that continues to witness a considerable backlog in demand for land is currently unable…

  • The Ethiopian Revenues & Customs Authority (ERCA) is going to cancel the license of POS Land Software Development Plc – one of eight companies allowed to install software to cash…

  • The National Insurance Company of Ethiopia (NICE) is losing its Chief Executive Officer (CEO) of 20 years, Habtemariam Shumgizaw, to retirement as of November 1, 2014. Now 73 years old,…

  • A Spanish company has been awarded a 1.2 billion Br contract, its first, to construct an asphalt road in Oromia Regional State, while a Chinese company picked up its fifth…

  • The new website, developed by the Brussels-based PBLH International Consulting, is being supported by the EU and COMESA. The necessity for upgrading the previous site was illustrated in the World Bank’s Global Investment Promotion Best Practices (GIPB) report in 2012, in which Sub-Saharan African websites ranked poorly. The site will help to improve a wide range of services and seek to attract greater flows of FDI into Ethiopia, reports TSADENNA GEBRU, FORTUNE STAFF WRITER.

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