Over 40,000 Repatriated in Four Months

Jun 25 , 2022


Federal officials say over 40,000 Ethiopian migrants have been repatriated from Saudi Arabia over the past four months. Over 100 flights between the end of March 2022 and last week brought in around 40pc of the 102,000 migrants authorities plan to repatriate by next year. Hundreds of thousands of illegal migrants taken into custody by Saudi officials as part of a crackdown that gained momentum in the wake of the COVID-19 pandemic. Migrants were afforded a 90-day amnesty, during which they could leave the country without facing harsh consequences. Many were unable to do so, subsequently arrested and packed into dense detention centres. Returnees have reported they face difficulties upon arrival in Addis Abeba, where support from the government and humanitarian agencies is insufficient to meet even essential needs.


Radar

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Ministry central to the country's tech-driven growth ambitions. According to the Federal Auditor General, the Ministry has completed only 11pc of its planned projects with its overall financial administration standing at 37.4pc for a year-long project that commenced in 2022. Budget mismanagement an...


Radar

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The National Bank of Ethiopia's (NBE) monetary policy committee cited ongoing concerns over inflation, which stood at 19.9pc year-on-year (YoY), and liquidity imbalances as reasons to uphold the restriction on lending. Bankers and analysts interpret this move as evidence of regulators' determination to...


Radar

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to merge the telecom's fiber broadband and mobile network with DStv's content. Subscribers can access DStv channels through mobile data or fiber broadband bundles, with discounts of up to 35pc through Telebirr or My Ethiotel (*999#) and up to 26.5pc at sales centers for fiber broadband bundles. Acc...