Sunday, September 8, 2024
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News

New VAT on insurance...

Ethiopia is set to implement a new decree requiring the application of value-added tax...
News

Manufacturers fear losses as...

Businesses that used supplier credit schemes to obtain loans for importing inputs before the...
News

Xi Jinping proposes enhanced China-Africa cooperation at FOCAC Summit

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At the opening ceremony of the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC), Chinese President Xi Jinping delivered a keynote address emphasizing the need for strengthened partnerships between China and African nations. The summit, attended by heads of state and government from various African countries, marks a significant milestone in the ongoing collaboration aimed at fostering economic growth and development across the continent. In his address, President Xi highlighted the historical ties between China and Africa, stating, "The friendship between China and Africa transcends time and space, surmounts mountains and oceans, and passes down through generations." He noted that the founding of FOCAC in 2000 has been instrumental...
Capital News

Traders in Tigray face...

Traders in the Tigray region are grappling with significant financial burdens as they are...
Capital News

New law allows legal...

Ethiopia has taken a significant step towards improving the livelihoods of refugees and asylum...
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Capital News

Ethiopia faces pressure to increase public...

Ethiopia has seen a significant reduction in public spending over recent years, raising concerns among international financial institutions and...
Capital News

Humaitarian workers adopt Code of Conduct...

The Humanitarian Country Team in Ethiopia has introduced a new Code of Conduct and associated Joint Operating Principles to...
Editorial

Ethiopia’s reform...

Ethiopia stands at a critical juncture as it considers implementing sweeping economic reforms similar to those that have recently...
Editorial

Risky reforms

As the International Monetary Fund (IMF) recently approved billions in extended credit facility for Ethiopia, the country faces a...
Editorial

FAKE EVERYTHING

Modern governments invariably lie and intentionally mislead their citizens at the various junctions of modernity’s tightly organized existence! In...
Editorial

The Power...

President William Ruto of Kenya recently introduced a series of fiscal reforms aimed at increasing the nation’s revenue to...
Interview

A commitment to sustainable development

On September 1, 2024, Bill Gates, co-chair of the Bill & Melinda Gates Foundation, is on a significant visit to Ethiopia, marking his first trip to the country since the onset of the pandemic. This visit aims to strengthen partnerships with local organizations and...
Interview

“Der beyaber anbesa yaser” 

In this exclusive interview, Capital’s Groum Abate speaks with Ambassador Roland Kobia, the outgoing Ambassador of the European Union to Ethiopia, who is concluding his full three-year tenure. With a deep understanding of the complex political and economic landscape, Ambassador Kobia has played a...
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Entity United Nations Economic...

Vacancy & Bid
REQUEST FOR EXPRESSION OF INTEREST (EOI) This notice is placed by United Nations Economic Commission for Africa (UNECA). The accuracy, reliability and completeness of the contents of furnished information is the responsibility of Entity United Nations Economic Commission for Africa (UNECA). You are therefore requested to direct all queries regarding this EOI to Entity United Nations Economic Commission for Africa (UNECA) using the fax number or e-mail address provided below. Title of the EOI:  Provision of consultancy service in Ghana to prepare A technical report on Social Protection (SP) Systems and Reforms and Course module on social protection and reforms country profile      Date...

VACANCY ANNOUNCEMENT

Vacancy & Bid
The Organisation Internationale de la Francophonie (OIF) brings together 54 member States and governments, 7 associates and 27 observers spread out on the five continents, united by a common language: French. Conscious by the tie that is created between its members by the sharing of the French language and universal values, it works to promote peace, cooperation, solidarity and sustainable development. Job position: Security guard - GardenerAdministrative Unit: Permanent Representation of the OIF to the African UnionDuty station: Addis Ababa, EthiopiaStatus and grade: Local recruitment (level S2, Grade from S2-1)Duration of the contract: 3 years renewable, with a 6-month probationary period, possibility of renewal on...
In Pictures

Stylish

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Arts and Culture

Pagume festival returns for 7th year, celebrating Africa’s golden month

Pagume Festival Pvt. Ltd. is thrilled to announce the return of the Pagume Festival, set to be celebrated for the seventh time in the capital city of Addis Ababa. Since its inception in 2008, the festival has grown into a major cultural event, marking the 13th month of the Ethiopian calendar, Pagume. This unique and groundbreaking festival, which holds national...
Arts and Culture

Ruth Girmay wins the Africa Talent Leather Design Showcase 2024

Ruth Girmay from Ethiopia has been awarded the prestigious Most Commendable Award at the Africa Talent Leather Design Showcase 2024 for the second consecutive year. Ruth’s innovative and environmentally conscious design, the "Overfishing Bag," captivated the judges, marking her as a standout talent in Africa’s fashion industry. The announcement, typically reserved for the final event, was made early to...
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Business & Economy

Currency Devaluation and Currency Unification: Analyzing Economic Strategies

Despite the strong demand by the IMF and World Bank, the government of Prime Minister Abiy Ahmed resisted currency devaluation for years siting its...
Business & Economy

Swiftonomics: The New Wave of Economic Thinking  

As it is well known, American singer and songwriter Taylor Swift is an influential figure in popular culture and the subject of widespread public...
Business & Economy

Political Polarization and Economic Uncertainity

Uncertainty surrounding economic policy has been a topic of increasing importance over the past decades around the world. A multitude of events including wars,...
Sports

Ethiopia Bunna signed Ghanaian striker Hafiz

Ghanaian forward Hafiz Wontah Konkoni has completed a move to Ethiopian Coffee SC, signing a two-year contract after departing from Tanzanian giants Young Africans...
Sports

Ethiopia NegedBank (CBE) books a place in CAF Club...

Twice coming from behind to crush out the Tanzanian giants Simba from the semi-final after a 3-2 score line, Kenya Police was considered the...
Sports

Indomitable NegedBank claims record fourth Women’s Championship title

Demolishing Yergachefe Ketema in a seven-nil season closing victory, Ethiopia NegedBank crowned Women's league champion for a record fourth time in a row. Nicknamed...
Opinion

Digital coin’s Potential to Transform the Telecommunications Market

The telecommunications industry has been a cornerstone of global connectivity for decades. With the advent of digital technologies, the industry has continuously evolved, but...
Opinion

Struggle against neocolonialism – an imperative of time

In February 2024 Moscow hosted the international forum "For Freedom of Nations!", which was dedicated to the struggle against neocolonialism. This term was coined...
Opinion

Autonomy to Ethiopian Universities

Higher Education in Ethiopia and the Need for Benchmarking Higher education in Ethiopia has experienced rapid growth following the downfall of the Derg regime in...
Society

Does TPLF Thrive on Conflicts?

TPLF is a war machine. No doubt about that. Trouble is, however much it has perfected the art of war, it couldn't learn the...
Society

A Disgraced Honour of Citizenship

The other day, a visibly distressed EBC anchorman was trying to get the Deputy Director of the now-infamous ICS (Immigration and Citizenship Services) the...
Society

Investor protections in the context of Capital Markets- Its...

This will conclude my series of articles that began outlining the critical pillars for the Ethiopian Capital market to thrive (the ecosystem approach), now...
AfricaNews

Qatar’s Permanent Representative to United Nations Meets United States...

HE Permanent Representative of the State of Qatar to the United Nations, Sheikha Alya Ahmed bin Saif Al-Thani has met with HE Tom Perriello, the US Special Envoy to Sudan. The meeting focused on the latest developments in Sudan, especially the deteriorating humanitarian situation. Her Excellency pointed out that the State of Qatar has been operating an air bridge to Sudan since May 2023 as part...
AfricaNews

Newly Deployed African Union Transition Mission in Somalia (ATMIS)...

Newly deployed military officers under the African Union Transition Mission in Somalia (ATMIS) have received intensive training on civil-military cooperation (CIMIC). The four-day training, organised by the UK Mission Support Team (UKMST) and ATMIS’ CIMIC Cell, equipped the officers with a clear understanding of CIMIC activities, project initiation, report writing and community engagements. During the closing ceremony, on Thursday, ATMIS Deputy Force Commander in charge of...

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