business

Ethiopian Roads Authority gets new chief, stirs ‘revolving doors’ concerns

Prime Minister Hailemariam Desalegn appointed, Araya Girmay, deputy manager of Sur construction plc., as Director General of Ethiopian Roads Authority…

Moody’s retains Ethiopia’s B1 rating – notes weak Institutional Strength

The leading creating ratings agency, Moody's Investors Service (abr. as Moody’s) retained Ethiopia’s B1 Credit rating. In its country credit…

Addis Ababa's Unemployment rate stands at 23%, City officials claim

The unemployment rate of Addis Ababa decreased to 23.3 percent, the city Administration claims. The city's unemployment rate stood as 31.4 percent in 2007,…

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