Business

Ethio Telecom Earns 75.8 Billion Birr in 2022/2023

Ethio Telecom, the state-owned telecom provider in Ethiopia, announced on Tuesday that it earned 75.8 billion birr in the fiscal year 2023. The company’s net profit for the year was 18.78 billion birr. The CEO of Ethio Telecom, Frehiwot Tamru, said that the company’s performance in 2023 was “effective” and that 116 new services were

July 18, 2023 • By Addis Insight

News

Another Attack on Independent Media: Ethiopia Insider Robbed

On Sunday, July 16, 2022, a safe in the office of “Ethiopia Insider,” an internet media managed by Haq Media and Communication, was broken into by unknown parties and its property was stolen. Haq Media and Communication believes that the media organization is facing repeated pressures due to the reports it produces, and this robbery

July 17, 2023 • By Addis Insight

Business

Best Western Premier Dynasty Hotel: A 1.3 Billion Birr Addition to Ethiopia’s Hospitality Industry

The Best Western Premier Dynasty Hotel, which cost 1.3 billion birr to build, was inaugurated on July 15, 2023. It is one of three Best Western Hotels and Resorts in Ethiopia. The hotel took seven years to build and covers an area of 1000 sq.m. with a G+10 structure and 3 basements, including 2 floors

July 16, 2023 • By Addis Insight

Business

Purpose Black Makes 1 Billion Birr Advance Payment for BGI Ethiopia’s Headquarters

Purpose Black claims that it has won the bid to purchase the main office building of BGI Ethiopia in order to construct ‘Farmer’s Tower’. According to the firm, an advance payment of 1 billion birr was made. Purpose Black Ethiopia announced that it won the BGI Ethiopia head office building in a competition to develop

July 15, 2023 • By Addis Insight

Uncategorized

Ethiopia’s University Exit Exams: Only 40.65% of Students Pass

Berhanu Nega

July 15, 2023 • By Addis Insight

Uncategorized

Tragedy in Debre Berhan: Police Chief Killed by Unknown Individuals

The police chief of Debre Berhan city in the North Showa zone of the Amhara region was killed by unknown individuals, according to the city administration. Commander Menweyele Chinqilo, the police chief of Debre Berhan City, located 130 kilometers north of Addis Ababa, was killed on Friday, July 15, 2022. In a statement of condolence

July 15, 2023 • By Addis Insight

Uncategorized

A statement from the Holy Synod of the Ethiopian Orthodox Tewahedo Church

In the name of the Father, the Son, and the Holy Spirit, the One God, Amen. This is a statement from the Holy Synod of the Ethiopian Orthodox Tewahedo Church. Since the national peace treaty was concluded, His Holiness the Patriarch has repeatedly asked to resolve the dispute between our church’s administrative structure and the

July 13, 2023 • By Addis Insight

Opinion

The Tigrayan Orthodox Faction Lacks Moral Ground to Talk About Moral Ground

Yonas Biru, PhD I refer to Ethiopia’s political system as a tribal federation rather than ethnic federation because it is primitive and degenerative, not to mention its savagery. A tribal mindset lacks an ethical grid and a human moral campus. At its worst, it invades and poisons religious institutions. It is this phenomenon that has triggered

July 12, 2023 • By Addis Insight

Uncategorized

The Closed Door: Patriarch Abune Mathias’ Unsuccessful Attempt at Dialogue in Tigray

The Peace Envoy, led by His Holiness Abune Mathias, Patriarch of Ethiopia, has returned to Addis Ababa. The Holy Patriarch and members of the Peace Mission were welcomed by the President of the Tigray Region Provisional Administration. It will be remembered that, according to the decision of the Holy Synod, they provided support of 20

July 11, 2023 • By Addis Insight

Business

Addis Ababa City Council Approves 140.2 Billion Birr Budget

On Sunday, July 9, 2023, the Addis Ababa City Council approved a budget of 140.2 billion birr for the city in its second regular meeting. This budget is for the 2023/2024 fiscal year, which started on July 9, 2023. The budget was approved by a majority vote of 87 in favor and two abstentions after

July 11, 2023 • By Addis Insight