Tuesday 28th June 2016

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France bestows Knight of the Legion of Honor to Capital’s MD

France bestows Knight of the Legion of Honor to Capital’s MD

Ambassador of France to Ethiopia and the African Union, Brigitte Collet, presented the insignia of Knight of the Legion of Honor (Chevalier de la Legion d’Honneur) to Teguest Yilma, Mana....

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City to hand over more land to Tsemex

City to hand over more land to Tsemex

Tsemex Global Enterprise and its subsidiary Tsemex Hotels and Business Plc (THB) is looking for a final decision from the Addis Ababa City Administration (AACA) to secure additional plots ....

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EEP to return bond sales money to Ethiopians in the US

EEP to return bond sales money to Ethiopians in the US

The Ethiopian Electric Power (EEP) will be returning nearly USD 6.5 million it has collected from US residents of Ethiopian descent.

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Income tax changes could mean revenue losses

Income tax changes could mean revenue losses

Government revenue will be reduced by three billion birr if the draft income tax for employment is approved, Capital learnt.

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President opens first MICE forum, reinstates commitment to industry

President opens first MICE forum, reinstates commitment to industry

 

The first MICE (Meeting Incentive, Conference and Exhibition) East Africa Forum and Expo and Hotel Show Africa opened on June 9 with Ethiopia’s President, Dr. Mulatu Teshome, ....

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Renewable energy gaining momentum, despite several challenges

Renewable energy gaining momentum, despite several challenges

The year 2015 was record setting for renewable energy installations according to a global network of stakeholders in renewable energy policy known as REN 21..

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Ethiopian gas for mass export a reality by 2019, say Chinese

Ethiopian gas for mass export a reality by 2019, say Chinese

China Merchant Group, owner of China Merchant Holding International (CMHI), disclosed that it will manage the liquefied natural gas(LNG) terminal project at the Port of Djibouti.

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Ries holds a briefing and demonstration session for customers

Ries holds a briefing and demonstration session for customers

Ries Engineering Share Company held a briefing and demonstration session for its Caterpillar and SEM Customers.

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ERCA drop charges against Haron

ERCA drop charges against Haron

Charges against Haron Computer PLC, a major sales register machine supplier, and its Managing Director have been dropped, according to sources at Ethiopian Revenue and Customs Authority (ERCA).

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McVitie’s Digestive Biscuits

McVitie’s Digestive Biscuits

Fame Impex Trading Plc announced officially that it  will start distributing in the Ethiopian market McVitie’s Digestive Biscuits, a global brand present in over 130 countries, with a strong her....

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Solution for Access in sight as committee submits proposal to Prime Minister PDF Print E-mail
By Groum Abate   
Monday, 27 June 2016 07:03

The main committee formed to provide solutions for the embattled Access Real Estate tabled its final verdict to the Prime Minister’s Office on June 16, Capital learnt. Add a comment

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City to hand over more land to Tsemex PDF Print E-mail
By Muluken Yewondwossen   
Monday, 13 June 2016 06:52

Tsemex Global Enterprise and its subsidiary Tsemex Hotels and Business Plc (THB) is looking for a final decision from the Addis Ababa City Administration (AACA) to secure additional plots behind their facility for the second disbursement of a loan from the World Bank’s private sector wing, International Financial Corporation (IFC).

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Last Updated on Wednesday, 15 June 2016 14:33
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Commercial Code revision hits different expert sides PDF Print E-mail
By Muluken Yewondwossen   
Monday, 27 June 2016 07:02

The long awaited revision of the commercial code with changes to laws that had not been modified since the imperial era is expected to amend business registration processes.  Add a comment

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EDITORS' CHOICE

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POLL 1

1. Do you think the drought will affect next year's harvest?

(16290 votes)

33.9%   (5522)
33.7%   (5487)
32.4%   (5281)
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POLL 2

2. Do you think the water problem in Addis Ababa will be solved by next year?

(5456 votes)

97.2%   (5301)
2.7%   (145)
0.2%   (10)
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PANKHURST'S CORNER

The Dramatic History of Addis Ababa Part 13: The Beginnings of Cabinet Government

The object of the present series of articles is to consider how the founding and early growth of Addis Ababa witnessed Transformation in other fields of Ethiopian economic, social and political life. read more...

ENTREPRENEUR PROFILE

Name: Ashenafi Bekele
Education: Diploma in Automobile Engineering
Company name: Ashenafi General Metal and Machinery Factory
Studio title: General Manager
Founded in: 2014
What it does: Producing household machineries
HQ: Kazanchis read more...

DOING BUSINESS

Last week we discussed how to deal with our time management, also in relation to doing business with foreign investors. read more...

BUSINESS & ECONOMY

Concerning the ongoing America’s Presidential campaign, economic analysts argued that men who are supporting the Republican forerunner, Donald Trump have reason to be mad as hell. read more...