Departing Electoral Boss Believes She Restored Faith in the Board

Jul 1 , 2023


Birtukan Mideksa, the chairwoman of the National Election Board, claimed to have "restored faith" in the electoral institution, posting her sense of accomplishment on her Facebook page where she announced the decision to resign after four years in office. The first woman to lead one of the most contested federal institutions, Birtukan saw the legal and organizational reforms of the Board which carried out the six national elections. The Board failed to conduct elections in over 100 constituencies due to insecurity, and voters in Tigray Regional State remain unrepresented in the federal Parliament. "The public be the judge," she said in a statement announcing her tendering a resignation letter to Parliament on June 12, 2023. "I believe to have succeeded in restoring faith in the Election Board and guiding political parties."


Radar

Abyssinia Bank Strategic Moves Pay Off, Driving Profit Growth

The Bank of Abyssinia (BoA) enjoyed another profitable year, amassing 4.23 billion Br net profits, an increase of 10.5pc from last year. The Bank announced total assets of 222.3 billion Br, surging by 17.3pc. Total deposits mobilised through the year climbed by 33.97 billion Br to 192.51 billion Br, while loans and advances reached 167.7 billion Br. However, the bank exhibited a nominal decline in its foreign currency earnings totalling 424 million dollars. Earnings per share also showed a ma...


Radar

$100m Project Mulls Public Transportation Make-Over

A 100-million-dollar project aims to manufacture over 5,000 diesel-powered and electric public transport vehicles for the capital. The proposed project was launched hoping to replace the ageing vehicles and improve safety, efficiency and quality across the city's urban transport system. Last week saw an MoU inked between executives of Multiverse Enterprise Plc and Addis Abeba Minibus Associations and was held at Vamdas Entertainment near Megenagna. The agreement includes plans to replace 15,000...


Radar

Safaricom Soars with 6.1 million Customers

Safaricom Ethiopia reported significant commercial growth in the first six months of the 2025 fiscal year (April to September 2024), with notable increases in both mobile (GSM) and M-PESA services. The company's network and services reached a population coverage of 46pc, growing from 30pc in the previous year. This expansion was supported by the addition of over 1,000 network sites, bringing the total to more than 3,000 across the country. Safaricom Ethiopia saw a surge in its customer base,...


Back
WhatsApp
Telegram
Email