Capital Gears to Host Antimicrobials Summit

Officials, healthcare experts and academicians from 12 African countries will gather in Addis Abeba this week to address the silent pandemic of Antimicrobial Resistance (AMR) which has become a public health concern. The two-day regional summit organized by the World Health Organization (WHO) aims to review the responsible and appropriate use of Antimicrobials and encourage partnership and resource mobilisation of the health system. Sub-Saharan Africa has seen the highest burden of AMR-related deaths with a significant impact on the economy where close to 1.27 million deaths were attributed to it while 4.95 million deaths were recorded to its associated factors. The meeting is scheduled to discuss common concerns and explore methods to strengthen antimicrobial-related governance and management where a joint information-sharing platform for its implementation is expected to be developed.


Pivots in Business Maze

A set of projects spearheaded as part of ease of doing business reform with a 7.2 million euro finance from the European Union (EU) is set to improve and navigate the lingering concerns in Ethiopia's business landscape. E-governance projects are undertaken by GIZ International Services and Mckinsey & Company in cooperation with five federal agencies, including the Justice, Trade,  Innovation, Revenues ministries and National Bank of Ethiopia (NBE) are part of the wider plan to improve the d...


Dashen Bank Board Reinstates its Chair

Dashen Bank re-appoints Dula Mekonnen as its Board Chairman, extending his tenure for another three years. The decision was made during a board of directors meeting held at the Sheraton Addis Hotel last week. Dula holds a first degree in electrical engineering from the Adama Science & Technology University and a graduate degree in business management. With a diverse leadership background spanning three decades, Dula has served as a manager at Ethio-Leather Industry Plc and managed Wenji S...


Digital Fuel Transactions Soar Amid Subsidy Drop

Nationwide digital fuel transactions have exceeded the 155.4 billion Br mark, as the Ethiopian Petroleum & Energy Authority released a half-year report last week. Consistent reductions in fuel subsidies have led to the fuel price stabilisation fund hitting an all-time low of 117.4 billion Br, a decrease of 79.6 billion compared to the previous year. The report highlights the successful monitoring of subsidies across the country's 1,589 fuel stations, benefiting nearly 200,000 transporters...