Parliament Appoints Federal Judges, Presidents

Jun 15 , 2019

Parliament has approved the appointment of 16 Federal Supreme Court justices, a president and two deputy presidents for federal higher and first instance courts. Proposed by Prime Minister Abiy Ahmed (PhD), parliament approved the appointments during its session that was held on June 13, 2019. The Federal Judicial Administration Council Secretariat has endorsed the candidates. Out of the 310 members of parliament who attended the session, ten members abstained from voting, while one member opposed the appointment. Of the 16 justices of the Supreme Court, six of them are women. Berhanemskel Waqijira was appointed as the new president of the Federal High Court, while Fuad Kiyar becomes president of the Federal First Instance Court.


Addis Chamber Embarks on Leadership Forum

A leadership forum where prominent executives will share their experiences in the business environment is organised by the Addis Abeba Chamber of Commerce & Sectoral Association (Addis Chamber) and SAK Training & Consultancy Firm. Headlining Arega Yirdaw (PhD), president of Unity University, who is expected to address the fortunes and adversities of the leadership ecosystem and share insights into his cascade of experiences, the first round is expected to set off at the Inter-luxury H...


Wegagen Bank Launches its Mobile App

Embracing the digital realm, Wegagen Bank officially launched its mobile banking application last week. The App was inaugurated in Dire Dewa City, with Yehwalashet Zewdu, vice president of the Bank Enterprise Services, showcasing its service that provides secure and seamless financial services. According to Yehwalashet, Wegagen Mobile meets the evolving needs of its clientele in Amharic, English, Afan Oromo, Tigrigna and Somali languages. Incorporated in 1997, Wegagen Bank has grown to become...


Zemen Bank Joins IFC's Trade Finance Program with $30m Boost

Zemen Bank has secured a 30 million dollar trade finance guarantee from the International Finance Corporation (IFC) to boost the trade finance operations. A member of the World Bank Group, IFC has welcomed Zemen as the newest member of its Global Trade Finance Program aimed at supporting exports and imports. Signed by Dereje Zenebe, president of Zemen Bank and Madalo Minofu, country manager of IFC, the trade financing is part of the one-billion-dollar Africa Trade & Supply Chain Finance P...