Saturday, May 18, 2024
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Local News

Haile Grand Hotel opens its doors in the capital

Haile hotels and resorts 8th destination in Addis Ababa, Haile Grand Hotel, has officially launched its service. The five-star designate located in the heart...

Irish NGO Vita awards 12 innovative startups

Twelve startups receive awards from the Irish NGO Vita's Innovation Business Idea Competition (IBICA). The Innovation Business Idea Competition Award (IBICA), as the organization stated,...

Gov’t discards rumors of official birr devaluation

Despite the value of birr depreciating every year by about 25 percent in the past few years, the government reaffirms that official devaluation will...

Rift between the rich, poor widens astronomically report reveals

The wealthiest people on the globe who account for only 1 percent of the world population grabbed nearly two-thirds of all new wealth nearly...

General inflation records fractional decrease

General inflation rate decreases to 33.8 percent in December 2022 after reaching highs of 35.1 percent in November 2022, the Central Statistics Service monthly...

Hijra bank remains sturdy in maiden financial year despite loss

Despite registering a loss in its first year of operation Hijra Bank, one of the two pioneering full-fledged interest free banks (IFB), has stated...

HRW says growing authoritarianism causing huge suffering

Authoritarianism across the world is leading to a “sea of human suffering”, Human Rights Watch has said in its annual world report on human...

Federal Supreme Court president Meaza Ashenafi and vice president Solomon Areda resigned from their post. Tedros Miheret is now appointed as President.

Federal Supreme Court president Meaza Ashenafi and vice president Solomon Areda resigned from their post. Tedros Miheret is now appointed as President.