CBE, AAU Join to Quell Rumors of Corruption

Dec 17 , 2022


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

Adama-Awash Expressway Construction to Relocate Hundreds of Households

Hundreds of households and thousands of hectares of farmland are poised for relocation for the construction of the Adama-Awash Expressway, with total estimated budget for compensation and related costs amounts to 502.9 million Br. According to environmental and social impact assessment done by Indian firm Aarvee Associates Architects Engineers & Consultants and a local firm Net Consult Plc, Ethiopian Roads Authority, in collaboration with local governments, has prepared a comprehensive Re...


Radar

INSA Unveils New Data Center to Bolster Cybersecurity

The Information Network Security Agency (INSA) has introduced a new data centre that will provide digital certificates for national institutions and private companies, ensuring data confidentiality, integrity, authenticity, and non-repudiation. The digital certificate authority (CA) will serve as a trusted third party, verifying the identity of individuals and organisations involved in digital transactions. This will help prevent fraud, unauthorised access, and other cyber threats. Authori...


Radar

Midroc Gold Expands with Million Dollar Machine Investment

Midroc Gold, a leading company in gold mining industry, has upgraded its operations with the acquisition of new heavy mining equipment, valued at over 1.5 million dollars. The delivery of two Komatsu excavators and a motor grader took place at the Legadembi Midroc Gold mine last week. Midroc is engaged in the extraction and processing of gold through its open and underground pits at the Legedenbi and Sakaro extraction sites, and a processing plant nearby. Ries Engineering, the distributor of...


Back
WhatsApp
Telegram
Email