Category: Economy

Ethiopian Airlines to resume service to Tigray

Ethiopian Airlines is set to resume service to the Tigray region, suspended due to the conflict. CEO of Ethiopian Airlines Mesfin Tassew told local media that the airline has completed all preparations to resume scheduled service after the government and…
Food prices drop in Tigray

Food prices dropped significantly in the Tigray region following the announcement of a peace deal struck between the federal government and the Tigray People’s Liberation Front (TPLF) last week. The price level of grain and other commodities have started to…
16 banks reopen in Tigray for first time since conflict

16 private and state banks have reopened their branches in Tigray on Saturday, offering a financial lifeline to cash-starved residents and businesses 12-day after a conflict between Ethiopia’s government and forces in the country’s Tigray region started. Tigray Regional state…
ባየር ራውንድአፕ  በተባለው የጸረ ተባይ መድኃኒት ምርቱ ምክንያት 10.9 ቢልዮን ዶላር ካሳ ሊከፍል ነው

ባየር ራውንድአፕ የተባለው የጸረ ተባይ መድኃኒት ምርቱ ካንሰር ሊያሲዝ የሚችል ነው በሚል በቀረቡበት ክሶች ሳቢያ፣ እስከ 10.9 ቢልዮን ዶላር የመክፈል ግዴታ እንደተጣለበት የእንግሊዙ ፋይናንሻል ታይምስ ጋዜጣ ዘገበ።ክሶቹ በኩባንያው ላይ መመስረት የጀመሩት ሞንሳንቶ የተባለውን የእርሻ ኬሚካል አምራች ድርጅት ገዝቶ የራሱ አካል…

‹‹የህዳሴ ግድቡ ግንባታ በወቅቱ ቦርድ ሰብሳቢ በነበሩት ዶክተር ደብረፂዮን ገብረሚካኤል አድራጊ ፈጣሪነት በፍጥነት ተዳክሞ ለከፍተኛ ኪሳራ ተዳርጓል›› ሲሉ የቀድሞው የውሃና ኢነርጂ ሚኒስትርና፤ በሩሲያ የኢትዮጵያ ልዩ መልዕክተኛና ባለ ሙሉ ስልጣን አምባሳደር አለማየሁ ተገኑ አስታወቁ፡፡አምባሳደር አለማየሁ ተገኑ በተለይ ከአዲስ ዘመን ጋዜጣ ጋር…
Ethiopian Gov’t refutes ‘untrue’ report of GMOs

Following public outcry, the government clarifies its stance on GMOs. Experts say the intention is to distract public attention.  The Ethiopian government has denied approving the commercial cultivation of genetically modified organisms (GMOs) other than two Bt cotton varieties. An…