Radar | Sep 26,2021
Dec 3 , 2020
Telecom services have partially resumed in towns and places in Tigray Regional State, while authorities at the central bank announced the reactivation of hunderds of thousands of accounts.
Telecom services have partially resumed in towns and places in Tigray Regional State, while authorities at the central bank announced the reactivation of hunderds of thousands of accounts.
The state owned Ethio telecom has announced the partial resumption of telecommunications services at some areas of the regional state, including Alamata, Humera and Shire. Residents in these towns have been able to make and receive calls beginning yesterday.
The partial services restoration were announced a few days after Prime Minister Abiy Ahmed (PhD) declared the coming to an end of military operations in the regional state and the Federal Defense Forces controlling Meqelle.
The National Bank of Ethiopia (NBE) has announced the resumption of operations by banks in some towns of Tigray Regional State with relative stability. Banks in the towns with security concerns will remain closed, according to a statement from the Bank.
The central bank had ordered the closure of 616 bank branches acorss the regional state on November 8, a few days after an armed conflict broke out between the federal government and the regional state's administration. Central bank officials attributed signs of looting on the banks to their decision. Along with bank closure, basic services, including electricity and telecom, were cut off in the regional state following the outbreak of the conflict. After two weeks of the closure, the central bank has sent a memo to presidents of commercial banks notifying them not to give services to customers whose accounts had been opened in the regional state. The move had created inconveniences on the account holders residing in different parts of the country as thier accounts had been suspended.
International human rights organizations and aid agencies have been urging the government to resume basic services in the regional state.
Radar | Sep 26,2021
Fortune News | Aug 03,2019
Fortune News | May 14,2022
Fortune News | Mar 16,2019
Radar | Jan 03,2021
Fortune News | Jan 29,2022
Fortune News | Aug 08,2020
Radar | Nov 28,2020
Radar | Nov 06,2021
Fortune News | Feb 05,2022
Photo Gallery | 94128 Views | May 06,2019
Photo Gallery | 86399 Views | Apr 26,2019
My Opinion | 66215 Views | Aug 14,2021
Commentaries | 65552 Views | Oct 02,2021
Mar 23 , 2024
Addis Abeba has been experiencing rapid expansion over the past two decades. While se...
Mar 16 , 2024
In a striking move that has rattled the corridors of Ethiopia's export sector, the Mi...
Mar 9 , 2024
Mamo Mehiretu's tenure at the central bank's helm is marked by a distinct shift in fo...
Mar 1 , 2024
In the corridors of the Ministry of Finance, on King George IV St., a recent visit by...