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    Addis Welcomes Sherar Hotel
    Addis Abeba gets an additional local brand hotel, Sherar Addis, that was constructed for a total of 80 million Br. The hotel is located off Africa Avenue. Under construction for the past four years...
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    Traffic Accident Marred City to Distribute Breathalysers, Mouthpieces
    Addis Abeba’s Road Traffic Management Agency has procured half a million mouthpieces and 5,000 blow-tuber breathalysers at a total cost of 3.3 million Br. Imported from overseas, they will be dis...
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    Chinese Firm Builds-up Pharma with $85m
    SanSheng Pharmaceutical, a wing of the publicly listed Chongqing Sansheng Industrial Company in China, begins the first phase of production this month amidst a shortage of medical drugs. The pharmaceu...
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    Intra-City Bus Terminal Edges to Break Addis's Ground
    O Bon Voyage Architects & Engineers Consultant, a local consultancy firm, hands over the design of Megenagna Intra-City Public Transport Terminal, which was contracted for 3.38 million Br. To b...
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    Labour Strike Rocks Bole Lemi Industrial Park
    Labourers working inside the factories of the nation’s first industrial park, Bole Lemi, were on strike for five days starting on May 11, 2018. They are demanding higher pay and a favourable working...
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    Authority Devices First Ever Binding Invoice Format
    The Ethiopian Revenues & Customs Authority (ERCA) devised the first binding invoice format for the valuation of customs taxes in a bid to streamline the tax administration. The format will beco...
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    Sabir, Wilmar Wind-up Dispute Amicably
    The nation’s largest civil suit claim between Sabir Argaw, the prominent local businessman, and his Singaporean partners involving 370 million Br finally ended with an amicable settlement. Sabir agr...
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    Investment for Berbera Port Expansion Dropped by 23pc
    DP World and Somaliland Port Authority have reduced the investment for the expansion of Berbera Port by 23pc. The price adjustment came into the scene after the update of the feasibility study of the...
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