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Hahu Daily Business News

Addis Ababa LRT trial to start this February

The Addis Ababa Light Rail Transit is scheduled to commence its official trial operation the coming February. Upon the start of the LRT trial service special traffic police will be deployed. “In order to make sure that the LRT is up to international standards, the testing of the tracks and …

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Meta Abo Brewery Introduces New Beer, Zemen Beer

Meta Abo Brewery S.C has launched a new beer brand, Zemen Lager Beer, at a ceremony held at Capital Hotel & Spa on December 25, 2014. With an alcohol by volume of 4.5Pct and 330ml bottle, Zemen has entered the Ethiopian beer market with 10ETB fixed price. “It is lighter …

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MoLSA to lift year-long travel ban to Middle East

The Ministry of Labor and Social Affairs (MoLSA) has announced on Thursday that it is going to lift the travel ban that it imposed on domestic workers who travel to the Middle East. The ban which was ordered in October 2012, eventually led to the barring of work permits of …

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Ethiopian Airlines eyes African aviation liberalisation in 2015

(Reuters) – Ethiopian Airlines hopes a decision to open up intra-African aviation routes will be fully implemented in 2015, the airline’s chief executive said on Thursday. Many African states adopted the Yamoussoukro Decision in 1999 to open up intra-African aviation routes but so far the decision has not been implemented …

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In Defence of Financial Protectionism in Ethiopia

Developing a culture of open dialogue in Ethiopia to entertain different views is paramount in our quest for individual and collective economic transformation. I have a great deal of interest in the subject of international political economy, especially when it comes to Ethiopia. I have thought a lot about the …

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We can learn a few lessons from Ethiopia

Ethiopia has not been a good example over the decades despite priding itself of not having been colonized. DEVELOP ME WITH TAPIWA GOMO There are number of reasons why the world may not have fairly judged Ethiopia, some of which include the 1984 drought, the incompatibility of their governance to …

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Chinese consortium to operate LRT

A consortium of China Railway Engineering Corporation (CREC), a Chinese contractor currently building the Addis Ababa Light Rail Transit (LRT) system, and Shenzen Metro Group, operators of the railway system of the Chinese city Shenzen, has been selected by the Ethiopian Railways Corporation (ERC) to handle the operation and maintenance …

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