Insurers Lobby Inks Deal with Bruh Finance

Oct 15 , 2022


Bruh Finance and the Ethiopian Insurers Association, an industry lobby group, have inked deals to jointly provide insurers with training and technical support in compliance with the Chartered Insurance Institute standards. The supports include professional capacity building, technology transfer, and expanding life insurance products. Established in 1990, the Association works to promote and advance the insurance industry and acts as a medium of consultation and communication with the National Bank of Ethiopia (NBE), the regulatory agency. Bruh Finance works with various financial institutions in different countries: Chartered Insurance Institute, GB & CO Chartered Accountants, The London Institute of Banking & Finance, and CISI Education Partner - to accelerate the competence of financial institutions by providing banking, insurance, and capital market support with internationally recognized insurance experts. Close to two dozen insurers provide general and life insurance services.


Radar

Union Urges Meeting with Premier Over Living Cost

Rising living costs that reduce the purchasing power of stagnant workers' wages prompted leaders of the Confederation of Ethiopian Trade Unions (CETU) to urge a meeting with Prime Minister Abiy Ahmed (PhD). Flanked by Minster of Justice Gedion Timotheos, Abiy met with senior members of the Union last year to discuss issues related to freedom of associations, collective bargaining and the imminent challenge of inflation to the workforce. However, Kasahun Follo, head of the Union, said reduced...


Radar

Customs Chief Accuses Critics of Bias, Vows to Address Steel Imports

Steel manufacturers' struggles and the impact of duty-free imports on domestic production have caught the attention of parliamentarians. During the Customs Commission's presentation of its nine-month performance, an MP directed a question to Commissioner Debele Kabeta, seeking clarification on the measures being taken by his institution to mitigate the influx of imports that are negatively affecting local manufacturers. While the source remains elusive, over 56 million Br worth of contrab...


Radar

Tech Tools Offer Digital Lifeline to Refugees

A digital platform that aims to connect skilled refugees and potential employers within the host communities was launched in a partnership between the UNHCR and Gebeya Inc. The project has onboarded 300 refugees into the system since its inception five months ago and hopes to reach 2,000 individuals across Gebeya's system soon. Ethiopia is currently the third largest refugee and asylum seeker hosting country in Africa, with close to one million individuals. The country also has an additional...


Back
WhatsApp
Telegram
Email