Capital Ushers Civil Society Organisation Exhibition

Jun 12 , 2023


[ssba-buttons]

Over 75 local and international civil society organisations including professional associations, labour unions and charity organizations gathered at Ghion Hotel for a three-day exhibition and panel discussion last week. Ethiopian Civil Society Organisations Council (ECSOC) organised the event in light of the third civil society organisations week to create a networking platform and showcase new techniques in their respective fields. Roles of the domestic and international organisations during post-conflict recovery, awareness creation between the government and the organisation through awareness, breeding trust and credibility from the public were one of the foreseen landmarks of the exhibition. The panels, on consecutive days, discussed the role of CSOs in peacebuilding and post-conflict reconstruction, gender, localisation of aid, transitional justice, child and reproductive health services. Lack of information, poor networking platforms and inadequate capacity were cited as the impediments to CSOs' failure in their role of peacebuilding and post-conflict recovery. Under Jima Dilbo, the Authority for civil society Organizations (ACSO) oversees 4,400 CSOs, of which 570 are international organizations. CSOs have been constrained by financial challenges where most have been sourcing budgets from donors and membership fees that were limited or unreliable.


Radar

Central Bank, Global Alliance Partner to Enhance Sustainable

The National Bank of Ethiopia (NBE) recently hosted a high-level meeting with representatives from the Global Alliance for Banking on Values (GABV) and selected member banks in anticipation of the 17th GABV Annual Meeting scheduled in Uganda. The meeting convened commercial bank representatives from Ethiopia, alongside a delegation comprising six GABV members, including Centenary Bank and Opportunity Bank Uganda, Amalgamated Bank, Sunrise Banks, City First Bank, and Merkur Cooperative Bank. G...


Radar

Commercial Bank of Ethiopia Adjusts Loan Interest Rates Amid Market Reforms

Commercial Bank of Ethiopia (CBE) has announced adjustments to its loan interest rates, effective March 7, 2025. Bank executives cited rising deposit mobilisation costs and the need to align with market standards as key factors influencing the decision, despite successful internal reforms that have reduced operational expenses. Executives noted that these adjustments are crucial for maintaining its competitive edge and ensuring the continued delivery of efficient services to its clientele. ...


Radar

Chemical Corp Posts Substantial Revenue, Profit Growth in 1Q

The state-owned Chemical Industry Corporation recorded a revenue of 2.53 billion Br in the first half of the 2024/2025 financial year. The Corporation reported a profit before tax of over half a billion Birr, which marks a considerable 182.6pc increase compared to the same period last year. Company officials attributed the growth result to enhanced market reach, effective cost-cutting measures, and optimisation of plant capacity utilisation. Year-on-year revenue growth was noted across variou...