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News concerning Private Sector.

Giant Real Estate Developer Bids To Construct Ten LRT Stations

Published on: Sat, 2013-11-30 00:00

Property giant P3 International has expressed an interest in the ongoing light railway project and various government housing schemes, and will provide cash finance together with design and operational resources if successful with its proposals, The Reporter learnt.

Companies Present Designes Of Buildings At Railway Stations

Published on: Wed, 2013-11-27 00:00

Alternative designs of 10 buildings which are going to be constructed at railway stations of Addis Ababa light railway were presented by six domestic and oversea companies.

Architect Xavier Vilalta inspired by Ethiopian Traditional Cloth Patter To Design A Building In Addis Ababa

Published on: Mon, 2013-11-25 00:00

If you look closely at the Lideta Mercato — a shopping mall in Addis Ababa, Ethiopia, designed by TED Fellow Xavier Vilalta — you will notice a unique pattern on its skin, inspired by the beautiful, bold patterns found on Ethiopian women’s dresses. But if you look closer, you will also notice something else: that the design is based on fractal geometry.

Proposed Mining Amendment Favours MSEs Instead of Co-ops

Published on: Sun, 2013-11-24 00:00

Cooperative unions will no longer be allowed to take part in artisanal mining and will instead be replaced by micro & small enterprises (MSEs). This is according to proposed amendments to the Mining Operations Proclamation of 2010, which were discussed in Parliament on Tuesday, November 19, 2013.

Current Low Demand For Construction Machineries Worries Investors

Published on: Sun, 2013-11-24 00:00

የኮንስትራክሽን ማሸነሪዎች ፍላጎት መቀዝቀዝ በዘርፉ ለተሰማሩ ባለሀብቶች ሥጋት መሆኑን በዘርፉ የተሰማሩ በመግለጽ ላይ ናቸው፡፡ በኀዳር ወር የኮንስትራክሽን ማሽኖች ኪራይ የሚሟሟቅበት ወቅት መሆኑ ቢታወቅም፣ ባልተጠበቀ ሁኔታ ገበያው ተቀዛቅዞ መቆየቱ አነጋጋሪ ጉዳይ ሆኗል፡፡

House Endorses First Proclamation On Truck Demurrage

Published on: Sat, 2013-11-23 00:00

The House of Peoples' Representatives (HPR) has endorsed the first transport demurrage draft bill, said to be necessary for the export and import of goods at a competitive cost. The implementation of the bill is expected to reduce time wastage and enable consumers to access goods that come directly from the docks in a timely manner. Exporters and consignees are also expected to benefit from the bill.

Addis Ababa's Booming Service Industry Added Another Five Star Hotel

Published on: Sat, 2013-11-23 00:00

በአዲስ አበባ ከ700 መቶ ሚሊዮን ብር በላይ ወጪ የተደረገበት ኢሊሊ ኢንተርናሽናል ባለ አምስት ኮከብ ሆቴል ተመረቀ።

Bill To Encourage Private Electric Generation Approved

Published on: Wed, 2013-11-20 00:00

የግል ኩባንያዎች የኤሌክትሪክ ኃይል በማመንጨትና በመሸጥ ኢንቨስትመንት ውስጥ በስፋት እንዲገቡ የሚያበረታታውን የኢትዮጵያ የኢነርጂ አዋጅ የሕዝብ ተወካዮች ምክር ቤት ባለፈው ማክሰኞ ባካሄደው መደበኛ ጉባዔው አፀደቀ፡፡

80 Consultancy Associations Out Of Action For Payment Delay

Published on: Tue, 2013-11-12 00:00

Aiming at pulling the society out of poverty, the country is striving to accelerate its socio-economic take off. Making the rural population beneficiaries of infrastructure facilities; thereby, creating transportation access, ensuring better market link and creating employment opportunities for rural youth are cardinal to government's efforts regarding Universal Rural Road Access Programme (URRAP), which is deemed to nexus all kebeles together. At times this move is seen suffering setbacks.

Abay Bank To Launch Modern Banking Services

Published on: Sun, 2013-11-10 00:00

Abay Bank is to receive the mobile, Internet and point of sales banking systems it bought from Société Maghrébine de Monétique (S2M) – a Morocco-based switch banking company – in late November 2013.

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