Farewell Execs, Welcome IFRS

March 2 , 2019


Farewell Execs, Welcome IFRS

Bank executives that departed from their posts were presented with gifts, which they opened at a ceremony at Hilton Hotel on February 28, 2019. The gathering also saw the launch of the International Financial Reporting System (IFRS) the Association has adopted. Commercial banks have been reporting their annual performances using IFRS this year.


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MAGNETIC FREE TIME

Many children could be seen on the streets of Addis Abeba in the business of weighing people using portable scales. But it is a job with much free time. One kid has attached a rope to a piece of magnet to collect materials with iron without having to bend...


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NEW GEAR

Guests, including Asfaw Alemu (centre), president of Dashen Bank, and Samuel Tafesse, real estate mogul, are shown the new Nissan Navarro pickup vehicle at Nyala Motors showroom on July 30, 2022. Despite a foreign currency crunch, the car market is hot, with sellers boasting lots at full capacity...


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UNSIGHTLY SUBURB

In an area around Goro, along the Yerer road, are discarded plastics that have been collected over time, and other refuse, making the neighbourhood smelly and unsightly. Yet the urban sprawl continues, with expensive villas rising up and transforming the neighbourhood into a suburb...