ESAT News (October 24, 2018) Ethiopia will on Thursday appoint a new president to replace Mulatu Teshome, who will be resigning a year ahead of his first term limit. Parliament appoints presidents every six years, which is mostly a ceremonial position with no executive power. It has a two-term limit. Teshome took over from Girma Woldegiorgis, who served two-terms. Dr. ...

by Engidu Woldie ESAT News (October 8, 2018) Ethiopia’s President says despite positive changes in the country’s political landscape, rampant lawlessness has threatened the supremacy of the law. Mulatu Teshome said it would be the priority of his the government, at all levels, to ensure that justice prevails as the country makes political and economic reforms. Dr. Mulatu Teshome was ...

by Engidu Woldie ESAT News (April 3, 2018) Ethiopian opposition political parties have reacted to the inaugural speech by the newly appointed Prime Minister, Abiy Ahmed, saying his description of the opposition as competing forces in the political process but not as enemies of the regime, as has been viewed by TPLF oligarchs, is a welcome development. In his first ...

ESAT News (October 9, 2017) Ethiopia will devalue its currency to attract foreign investment and close the gap in foreign trade, President Mulatu Teshome said at the opening of the bicameral parliament on Monday. He said his government is faced with a serious shortage of hard currency and export trade has dwindled in last three years. Mulatu said major projects ...