Ethiopia's economic reform negotiations with the International Monetary Fund (IMF) are in their fourth round, taking place in Washington, D.C., against the backdrop of joint meetings with the World Bank and the IMF. Despite having met three times in...
Apr 20 , 2024
An undercurrent of controversy surrounds the appointment of founding members of Amhara Bank after regulators at the National Bank of Ethiopia (NBE) withheld approval for two of the Bank's nominated bo...
Apr 20 , 2024
An ambitious cooperative housing initiative designed to provide thousands with affordable homes is mired in a complex web of legal, logistical, and bureaucratic hurdles, demonstrating the difficulties...
Awash Insurance consolidated its lead in the private insurance sector last year, registering vigorous profit growth that eclipsed its competitors — United Insurance, Nyala, and Oromia. Despite a cha...
Apr 20 , 2024
Long lines and frustration are mounting at gas stations across the country are faced with a fuel sho...
Apr 20 , 2024
A severe financial stranglehold has been imposed on the banking industry, undermining businesses du...
Apr 13 , 2024
Two months ago, a well-dressed man in his thirties walked into Dawit Basazinew's furniture store on Africa Avenue (Bole Road) and selected a long list of items worth over 70,000 Br. Dawit, the store's owner, was accustomed to delivering sold items th...
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia (NBE), under the stewardship of Governor Mamo Mehiretu, has unveiled a new report mapping the financial sector's stability—a move signalling a broader commitment...
Apr 20 , 2024
With a background in cybersecurity, CEO Charly Bahaous is from Israel and relocated to South Africa in 2006. Under his watch, Touchnet has grown to encompass over 300 employees across various sub-sectors. The Company's portfolio includes a fibre management and construction business, cybersecurity...
Jan 27 , 2024
The fund in dollars 20 countries pledged in Geneva, Switzerland, last week to cover emergency humanitarian assistance to 15.5 million Ethiopians. This amount covers 60pc of the one billion dollars needed in the next five months. The United States is by far the largest donor.
Apr 21 , 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
Taye Astqesellasie, minister of Foreign Affairs, responded to a protestor who heckled him last week inside an international venue in Geneve, Switzerland. The meeting was called for pledges to raise funds from the international community to pay for emergency humanitarian assistance for millions of displaced Ethiopians due to drought, floods, conflicts and wars.
For cinephiles like myself, choosing a weekend movie is a cherished ritual. This familiar routine took an unexpected turn last weekend, leading me down a rabbit hole of copyright complexitie...
Apr 20 , 2024
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