CBE, AAU Join to Quell Rumors of Corruption

Dec 17 , 2022


[ssba-buttons]

The state-owned Commercial Bank of Ethiopia (CBE) refutes the alleged leak on its recruitment exams at a press briefing held at its old headquarters around the La Gare area. Reports were circulating on social media that the exam process for the newly recruited employees was entrenched in bribes, up for sale and biased interviews. According to the Human Resources Department Deputy, Ephrem Mekruya, CBE will give job opportunities to 11,000 this year, after receiving 130,000 new applications for open positions. He disclosed that the Bank was training the staff who would interview the prospective recruits. The largest bank with assets of nearly a trillion Birr currently has 39,000 permanent employees. According to Ephrem, CBE outsources the examination process to the University, which has a "long-standing reputation for integrity." Abraraw Chane (PhD), a lecturer who also oversees the testing process by AAU, stated that the rigorous security measures are full proof against any attempts at cheating or illicit activities as the tests are coded, similar to the national exams given to senior high school students.


Radar

US Renews National Emergency, Sanctions on Ethiopia

The United States has extended the national emergency and sanctions on Ethiopia for another year under the African Growth & Opportunity Act (AGOA). Signed by President Donald J. Trump, the measure was first declared on September 17, 2021, through an executive order citing the conflict in northern region of the country as an "unusual and extraordinary" threat to U.S. national security and foreign policy. The extension, effective until September 17, 2026, keeps in place restrictions targeti...


Radar

Rockefeller Pitches Clean Cooking to Curb School Meal Emissions

A recent study has revealed the staggering environmental toll of school feeding programs. A single school serving 400 students can burn through the equivalent of 56 hectares of forest each year to fuel cooking. The Rockefeller Foundation flagged the health risks too, with most cooks, predominantly women, breathing smoke levels ten times higher than the World Health Organisation's safe limit. "If every school meal transitioned to clean cooking with electricity and solar, the emissions saved wo...


Radar

Sun-Powered Grid Brings Light to Qunbi District

A new 600KW solar mini-grid in East Hararge'sQunbi district has connected 2,200 households to electricity, marking a milestone in the recent rural electrification push. Ethiopian Electric Utility (EEU) laid seven kilometres of medium-voltage and 10 kilometres of low-voltage lines, installing four transformers to reach communities long cut off from power. Customers cover only meter and installation costs before accessing the service. The project is part of the national strategy to expand energ...