2merkato

Ethiopia’s inflation rate fell to 7.6 percent in March (Megabit) 2005 E.C., according to the Central Statistics Agency.

Households Survey and Prices Statistics Directorate Director with the Agency, Alemayehu Teferi, said the government has managed to bring price inflation down to single digit as per its plan. Add a comment Add a comment

Ethiopian Shipping and Logistic Services Enterprise signed an agreement with Evergreen, an Egyptian container transporter on Today 9 April 2013. The agreement is said to enhance the transportation Ethiopia's import and export commodities efficiently to support the countries rapid economic growth.

Ethiopian Shipping and Logistic Services Enterprise Chief Executive, Ahmed Tussa on the occasion said, the agreement with Evergreen will enable the Enterprises to work together in the Far East, China and Red Sea routes. Add a comment Add a comment

Ethiopia's Ministry of Labor and Social Affairs has amended its directive to increase the minimum wage paid to Ethiopians traveling to the Middle East for job. The directive has increased minimum wage from  180 U.S dollars to USD 250.

Many Ethiopians travel to the Middle East for a meager salary of USD 180 to provide unskilled labor services, while Indonesian and Filipino domestic workers wage ranges from USD 450 to USD 500 with more favorable working conditions.

Compressed Earth Block (CEB), a new way of making block was introduced to the Ethiopia at a workshop on alternative construction materials organized by the American Cement Institute (ACI) Ethiopian Chapter on April 4, 2013  at the Hilton Hotel.

Compressed Earth Block is said to be made of different type of materials. The material is not usually favored by constructors because it is thought that it is not water resistant. Add a comment Add a comment