Malaria, a persistent threat in rural areas, is resurging with alarming intensity in 2024, exposing deep-rooted systemic issues aggravated by climate change and inadequate health infrastructure. In the past three months alone, the Ministry of Health...
Nov 16 , 2024
A bidder stunned land auction participants by offering a record-breaking offer for a plot in the Nifas Silk Lafto District. Her bid, about 744pc higher than the next highest offer, could come with an...
Nov 16 , 2024
The foreign exchange market remained notably stable last week, with only subtle fluctuations in the value of the Brewed Buck against the Green Buck. Banks maintained a uniform spread over the six days...
Nov 16 , 2024
Wegagen Bank has staged a remarkable turnaround by nearly doubling its net profit and boosting earnings per share (EPS) in the fiscal year 2023/24. The resurgence proved the Bank's resilience after ar...
Nov 16 , 2024
The establishment of a monetary policy committee within the National Bank of Ethiopia (NBE) was adde...
Nov 16 , 2024
A three-day summit last week set the stage to launch the long-awaited Ethiopian Securities Exchange...
Nov 16 , 2024
A new set of guidelines to help commercial banks integrate environmental, social, and governance (E...
Nov 20 , 2024
Malaria is no stranger to Ethiopia. Every year, the disease poses a public health issue, especially in rural regions where the majority of the population lives in areas conducive to mosquito breeding. However, as the country wrestles with a sharp upt...
Nov 16 , 2024
In the realm of public finance, balance sheets speak louder than rhetoric. In such domain, public enterprises are colossal monuments to misplaced confidence, harbouring debts that tower like unscalable peaks with implications rippling across generati...
Nov 16 , 2024
France's Ambassador to Ethiopia up until last week, Remi Marechaux, arrived in Addis Abeba four years ago with a dual mandate of representing his country and engaging with the African Union (AU). He dove into familiar waters from his previous role as Director General for Africa, using Ethiopia's anc...
Aug 4 , 2024
Ethiopia's foreign currency reserve in dollars in November 2024, up by 142.8pc prior to liberalising the foreign currency regime.
Nov 16 , 2024
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...
Oct 3 , 2020
Aboubaker O. Hadi, chairman of Djibouti Ports & Free Zones Authority (DPFZA), praised the National Bank of Ethiopia's (NBE) decision last week to allow exporters to retain 50pc of their export earnings indefinitely.
In a world where knowledge grows at an unprecedented pace, imagination remains the limitless frontier pushing humanity forward. While knowledge informs us, imagination is what propels us tow...
Nov 16 , 2024
Loading your updates...