Ministry of Finance releases new tariff directive

The new tariff directive lists more than 8,000 raw materials, consumer goods, and capital goods in…

Ministry of Finance and Ethiopian Construction Design and Supervisions Works Corporation partner up

The agreement is for the implementation of “super cluster servers” as part of plans to roll…

Ethiopia seeks to restructure debt for over USD 1 billion

Ethiopia adopted the Debt Service Suspension Initiative of the G20 Summit back in February to restructure…

Ethiopia’s budget for 2014 fiscal year

The budget that was approved for the upcoming fiscal year (which starts tomorrow) provides ETB 345.7…

Berebera Port’s renovated container terminals begin operations

The new terminals have the capacity to house 500,000 containers at a time and service more…

Ministry of Finance assures steps taken to address inflation and other issues in budget proposal

According to Teferri Mekonnen, a senior budget advisor to the Ministry of Finance, the ministry is…

World Bank donates more than USD 900 million to Ethiopia

The funding is going to be used to finance three different types of projects.

Ethiopia’s Public Procurement and Property Administration Agency passes directive on asset purging

The Public Procurement and Property Administration Agency is going to be responsible for purging items such…

Ministry of Finance and Ministry of Trade and Industry pass directives on the price of oil, cement, rebar, and ceramics

The directives have been issued as part of efforts to mitigate the price surges rampaging across…

Redfox Solutions to add its data centre to the growing list of centres in Addis Ababa

The data center is slated to begin operations as early as September of this year.