Commentaries | Apr 22,2022
Dec 3 , 2020
Telecom services have partially resumed in towns and places in Tigray Regional State, while authorities at the central bank announced the reactivation of hunderds of thousands of accounts.
Telecom services have partially resumed in towns and places in Tigray Regional State, while authorities at the central bank announced the reactivation of hunderds of thousands of accounts.
The state owned Ethio telecom has announced the partial resumption of telecommunications services at some areas of the regional state, including Alamata, Humera and Shire. Residents in these towns have been able to make and receive calls beginning yesterday.
The partial services restoration were announced a few days after Prime Minister Abiy Ahmed (PhD) declared the coming to an end of military operations in the regional state and the Federal Defense Forces controlling Meqelle.
The National Bank of Ethiopia (NBE) has announced the resumption of operations by banks in some towns of Tigray Regional State with relative stability. Banks in the towns with security concerns will remain closed, according to a statement from the Bank.
The central bank had ordered the closure of 616 bank branches acorss the regional state on November 8, a few days after an armed conflict broke out between the federal government and the regional state's administration. Central bank officials attributed signs of looting on the banks to their decision. Along with bank closure, basic services, including electricity and telecom, were cut off in the regional state following the outbreak of the conflict. After two weeks of the closure, the central bank has sent a memo to presidents of commercial banks notifying them not to give services to customers whose accounts had been opened in the regional state. The move had created inconveniences on the account holders residing in different parts of the country as thier accounts had been suspended.
International human rights organizations and aid agencies have been urging the government to resume basic services in the regional state.
Commentaries | Apr 22,2022
Editorial | Jan 04,2020
Fortune News | May 18,2019
Featured | Aug 22,2020
Fortune News | Jun 18,2022
Radar | Feb 12,2022
Fortune News | Nov 30,2019
Radar | Jun 05,2021
Radar | Nov 19,2022
Covid-19 | Mar 28,2020
Photo Gallery | 96890 Views | May 06,2019
Photo Gallery | 89108 Views | Apr 26,2019
My Opinion | 67216 Views | Aug 14,2021
Commentaries | 65777 Views | Oct 02,2021
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Mar 30 , 2024
Ethiopian authorities find themselves at a crossroads in the shadow of a global econo...
Loading your updates...