2merkato

Ecom Advertising has joined forces with local realtors in Ethiopia to restart publishing real estate information on the internet through liveinethiopia.com, an Ethiopian real estate website.

LiveInEthiopia was released in the beginning of 2010 to take the rather chaotic Ethiopian Real Estate Industry – the renting, buying and selling part – to a different and modern level. It had a different business model then; it used to collaborate with the realtors, traditionally known as "Delalas", on all levels. It used to advertise the properties, negotiate with customers and was directly involved in the business.

The macroeconomic reform the government implemented has helped increase foreign currency flow into Ethiopia, an advisor to the Prime Minister said.

The Southern Regional State of Ethiopia Culture and Toursim Bureau announced it has earned over 145 million Ethiopian Birr from more than 600,000 tourists who visited religious, natural, cultural and historical sites in the region during the last nine months.

Seblework Abebe,  Government communication Officer with the the bureau said more than 500,000 of the visitors are Ethiopians.

The Economic Commission for Africa is hosting a meeting in Ethiopia from July 24- 26, 2014 under the theme “Boosting Market Integration and Intra-African Trade through Effective Management of Regional Transport Infrastructure and Services”. The venue for the meeting is the UN Conference Center.

Three draft regulations got approval from the Council of Ministers today. A Regulation to establish the Ethiopian Agricultural Research Institute, a Regulation to establish the Social Security Agency for Government and Private Sector Employees, and a Regulation on the powers and responsibilities of the Ethiopian Construction Authority (ECA) were given a go ahead by the Council.