Ministry of Urban and Infrastructure announced that a regulation which would help resolve problems in the construction sector was drafted. Corruption, compromised quality, and delay in completing projects are some of the problems seen in the construction sector.
Commercial Bank of Ethiopia (CBE), the state owned bank, disclosed out of its entire hard currency earning during the first 6 months of the current fiscal year, 85 percent of it was from remittances.
Ethiopia announced the rental fee it will ask for sheds in the Hawassa Industrial Park.
Repi's Solid Waste Power Station has resumed full power generation after the maintenance of the power generation turbine was completed on September 9, 2023. The turbine had been out of service for more than a year due to a minor breakdown and a shortage of spare parts.
Restaurants, lodges and motels in Ethiopia are going to be rated by the Ministry of Culture and Tourism. The rating is going to be based on the level of services they provide for which they will be rated from 1 to 5 stars.
