Addis Ababa
Breaking the speculative spell in Addis Ababa's housing market
Owning a home in Addis Ababa imposes heavy burdens due to high bank loans and market pressures. Buyers commit to 20-year mortgages with 85,000 Birr monthly payments, while similar homes rent for just 15,000 or 20,000 Birr. This systemic issue could be alleviated by the emergence of a formal capital market.
Tax evasion persists in Addis Ababa eateries via personal digital transfers
In Addis Ababa's popular restaurants and shops, businesses often direct customers to pay via personal mobile accounts, evading taxes and leaving no official record. This practice, highlighted in a recent analysis, undermines government revenue and burdens compliant taxpayers. Authorities face calls for stricter enforcement and simplified compliance measures.
Save the Children invites tenders for security guard outsourcing in Addis Ababa
Save the Children International in Ethiopia has invited tenders for outsourcing security guard services at its Addis Ababa offices and warehouses, effective from January 2026. The three-year framework agreement may extend based on performance and mutual consent. Eligible companies can acquire tender documents from October 28 to November 14, 2025.
Addis Abeba education bureau rolls out cluster classes
Addis Abeba's Education Bureau is launching a new initiative to cluster top-performing secondary students from public and private schools for joint Saturday classes. The program will start next week and operate at 57 sites across the city.