Ethiopia: Ministry of Revenues Collects 95% of Revenue Target in Nine Months
The Ministry of Revenues (MoR) collected Birr 374 billion in revenue over the past nine months. The collected revenue represents 95% of the ministry's target of Birr 391 billion for the same period within the Ethiopian fiscal year. The ministry's performance report provided a breakdown of revenue sources. Domestic sources contributed Birr 235.19 billion, while foreign trade generated Birr 139 billion. Additionally, the ministry seized contraband goods and illegal foreign currencies valued at approximately Birr 11.81 billion.
Source:Ethiopian News
May 06, 2024 11:20 UTC
Ethiopian runner Tigist Assefa smashes women's marathon world record in Berlin
An Ethiopian runner has shattered the world record for a women's marathon in Berlin, beating the previous time by more than two minutes. Tigist Assefa finished in 2:11:53, smashing the 2019 record of 2:14:04 set by Kenya's Brigid Kosgei. The result will almost certainly guarantee her place in the Ethiopian team for the Olympics in Paris next year. Her performance was the highlight of the Berlin Marathon on Sunday, which also saw Kenyan and marathon world-record holder Eliud Kipchoge win the race for the fifth time in a row. "I'm very happy to win for the fifth time in Berlin and I shall use these lessons in my preparation for the Olympics."
Source:Ethiopian News
May 06, 2024 06:46 UTC
Business community asked to invest in Ethiopia
RAWALPINDI: Ethiopian Ambassador Jemal Beker Abdula has urged the Pakistani business community to invest in his country as it offered comparative advantage in the form of key geographical location, cheap and clean energy and skilled human resource. He was speaking during his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) on Sunday. He said Ethiopia wanted to establish strong trade relations with Pakistan as it would offer it vast opportunities to promote exports to Africa. He also said a high-level Ethiopian delegation would visit Pakistan in a few months. The chamber’s senior vice president, Mohammad Hamza Sarosh, vice president Faisal Shahzad, former presidents and members of the chamber were also present on the occasion.
Source:Ethiopian News
May 06, 2024 04:02 UTC
Pro-Palestinian protests reach boiling point on college campuses across U.S. | Facing South Florida
Pro-Palestinian protests reach boiling point on college campuses across U.S. | Facing South Florida It has been a chaotic week on college and university campuses from coast to coast. Pro-Palestinian protests reached a boiling point, prompting police intervention and leading to dozens of arrests. CBS News Miami's Lauren Pastrana does a deep dive with perspective from leaders of local Jewish and Muslim groups for their take and perspective on the protests, the fallout and the fear and threats they are creating. Guests: Jacob Solomon, CEO & Pres., Greater Miami Jewish Federation Samir Kakli, Pres., South Florida Muslim Federation
Source:Ethiopian News
May 05, 2024 22:24 UTC
France to analyse Ethiopian Airlines flight recorders - spokesman
PARIS (Reuters) - France's air accident investigation agency BEA will analyse black-box flight recorders from a Boeing 737 MAX 8 which crashed near Addis Ababa on Sunday, a spokesman said. Ethiopian Airlines said earlier it would send the two cockpit voice and data recorders abroad for analysis. The French announcement resolved uncertainty over the fate of the two recorders after Germany's BFU said it had declined a request to handle them because it could not process the new type of recorder used on the 737 MAX jets, in service since 2017. The BEA is one of the world's most active air crash agencies alongside the National Transportation Safety Board of the United States and has laboratories at its Le Bourget headquarters. (Reporting by Tim Hepher; Editing by Leigh Thomas)
Source:Ethiopian News
May 05, 2024 18:54 UTC
Kuwait, Ethiopia eye domestic workers talks
KUWAIT CITY, May 5: In a move aimed at addressing the shortage of domestic workers in Kuwait, Bassam Al-Shammari, an expert in domestic labor affairs, revealed that discussions between Kuwait and Ethiopia are expected to resume soon to finalize a memorandum of understanding regulating the recruitment of workers from Addis Ababa, reports Al-Jarida daily. Al-Shammari emphasized the significance of this step in opening up a new market for recruiting domestic workers to meet Kuwait’s labor market demands. Al-Shammari highlighted the importance of diversifying the sources of domestic workers to create a balance in the market and alleviate shortages. Furthermore, Al-Shammari urged the relevant authorities to raise awareness among recruitment agencies, office owners, and employers about the new executive regulations governing domestic workers. These regulations aim to protect the rights of domestic workers and have been widely accepted within the recruitment community.
Source:Ethiopian News
May 05, 2024 17:10 UTC
Togo’s ruling party wins sweeping majority in legislative elections
Togo’s ruling Union for the Republic party (UNIR) has won a sweeping majority in the country’s legislative elections held on 29 April. Provisional results published late Saturday by the electoral commission showed it had won 108 out of the 113 seats in parliament. The results pave the way for President Faure Gnassingbé to extend his 19-year rule, under the new charter. After boycotting the last legislative election, they had been hoping to gain more seats in parliament enabling them to challenge UNIR. Gnassingbé came took control of Togo in 2005 when his father, Gnassingbé Eyadéma, died after ruling the country for almost 40 years.
Source:Ethiopian News
May 05, 2024 16:50 UTC
Broward County addresses under-enrollment and repurposing schools | Facing South Florida
Broward County addresses under-enrollment and repurposing schools | Facing South Florida After a week of town halls with more to come on the issue of under-enrollment and how to repurpose schools that might be closed, CBS News Miami's Lauren Pastrana and her guest discuss the options currently being discussed, possible solutions and how all this might impact students, their teachers and their parents. Guest: Debra Hixon, Broward School Board Member
Source:Ethiopian News
May 05, 2024 16:27 UTC
Ethiopian envoy visits RCCI, urges business community to invest in Ethiopia
He said that a preferential trade agreement between Pakistan and Ethiopia is indispensable for the promotion of mutual trade. The ambassador extended a cordial invitation to the President and the team to join the upcoming delegation scheduled for May 26th. The Ethiopian ambassador provided an insightful overview of Ethiopia, highlighting its rich cultural heritage, economic development initiatives. Ambassador Jemal Beker said that Ethiopia wants to establish strong trade relations with Pakistan, and there are vast opportunities for Pakistan to promote exports with Africa. Senior Vice President Mohammad Hamza Sarosh, Vice President Faisal Shahzad, former presidents and members of the chamber were also present on this occasion.
Source:Ethiopian News
May 05, 2024 14:45 UTC
IN PHOTOS: A Different Kind of Fire in Jerusalem
JERUSALEM (AP) — Bells and clamor, incense and flames. One of the most chaotic gatherings in the Christian calendar is the ancient ceremony of the "Holy Fire," with worshipers thronging the Church of the Holy Sepulcher on Saturday.
Source:Ethiopian News
May 05, 2024 14:16 UTC
Ethiopia opens up banking sector to its diaspora
Ethiopia's banking sector, which is closed to foreign investment and is still one of the most tightly state-controlled in Africa, is dominated by the two oldest and most profitable institutions, Awash Bank and Dashen. "We can finally invest in the financial sector," said Addis Alemayehou, a businessman who returned to Addis years ago but has been restricted in the sectors where he can invest. "The financial sector is one of the most lucrative and well managed, it's a safe investment outside real estate." Abiy's government is also opening up other key sectors of the economy to foreign investment. (The story corrects throughout to show Ethiopia does not allow dual-nationality)(Additional reporting by Maggie Fick; Writing by Duncan Miriri and Mark Potter)
Source:Ethiopian News
May 05, 2024 11:55 UTC
How the Ethiopian community is celebrating Orthodox Easter in the DC area
Orthodox Christians in the D.C. area are celebrating Easter throughout this weekend. Worshippers commemorate Orthodox Easter at Debre Genet Medhane Alem Ethiopian Orthodox Church in Temple Hills, Maryland, on May 4, 2024. (WTOP/Tadiwos Abedje) Worshippers commemorate Orthodox Easter at Debre Genet Medhane Alem Ethiopian Orthodox Church in Temple Hills, Maryland, on May 4, 2024. (WTOP/Tadiwos Abedje) This weekend, Orthodox Christians, including many from the Ethiopian community in the D.C. area, are celebrating Fasika, or Easter, marking the end of the 55-day fast called Abiy Tsome, or the Great Lent. She said she plans on using the lessons she learned at Debre Genet Medhane Alem, along with her faith, to guide her through college.
Source:Ethiopian News
May 05, 2024 11:36 UTC
Ethiopian Orthodox Christians around the world celebrate Easter
Orthodox Christians in Ethiopia have been celebrating Easter at churches across the country. Home to the largest Orthodox population outside Europe, they fast for 55 days prior to Easter, abstaining from meat and animal products. On the eve of what is the country’s most celebrated religious holiday, worshippers wearing traditional white clothing attend church services lasting into the early hours of the morning. "We are celebrating the date our Lord and Saviour Jesus Christ rose from the dead. While most Western churches observed Easter on 31 March, Eastern Orthodox churches follow the older Julian calendar, marking the holiday across the world on Sunday.
Source:Ethiopian News
May 05, 2024 10:42 UTC
Feature: Wuqiao-trained Ethiopian circus artists relish China memories
"I, along with my colleagues who were trained in China, are now able to exhibit different circus arts of international standard," he said. "We managed to create synchronization between Chinese and Ethiopian cultures, and performed them in different shows in Ethiopia and beyond," Debebe said. He noted that the Chinese circus has various disciplines that require tough training. "The scholarship opportunity had been open for international students until the outbreak of COVID-19 in 2020," Girmay Assefa, secretary general of the Ethiopian Gymnastics Federation, said. According to the Ethiopian Gymnastics Federation, as in most other sub-Saharan African countries, the circus art had no historical precedents in Ethiopia until it was introduced as a foreign art in late 1980s.
Source:Ethiopian News
May 05, 2024 10:24 UTC