Parties Sign Code of Conduct Ahead of Election

Mar 16 , 2019

Political parties have signed a code of conduct that sets rules and guidelines for their operation and political activities, as well as to govern the relationship they have between each other. The code of conduct, which was signed last Thursday, March 14, 2019, is binding among the signatories. The signing ceremony was held at Hilton Hotel in the presence of Prime Minister Abiy Ahmed (PhD) and representatives from parties, civil societies and members of academia. The agreement was reached after discussion and deliberations that lasted more than 16 hours organised by the Netherlands Institute for Multiparty Democracy. The code that contains 20 articles in three chapters covers issues from public demonstration to the use of media by political parties. The code also establishes a general assembly composed of one representative from each political party, which will be responsible for solving disputes that arise between parties. Out of the total registered 107 parties, over 100 were signatories to the code of conduct document. However, a few parties did not show up at the event. “All the current 107 political parties had agreed upon the code of conduct when it was in discussion,” said  Soliana Shemelis, public relations adviser of the National Electoral Board of Ethiopia.


Abyssinia Bank Taps to Digital Loan Solution

The Bank of Abyssinia (BoA) is moving forward to provide banking solutions facilitating microloans. The Bank has hired an Indian-based tech vendor Newgen Software Company, that bagged the international bid on December 22, 2022. Over 10 companies have shown interest in the bid floated by the bank four months ago. The solution provider has committed to completing the project in six months with Yonas Daniel, regional manager for Newgen, and Menbereselassie Gebrekidan, procurement director at Aby...



Bank of Abyssinia rolls out banking services on a truck around Meskel square in the capital. With less than half of Ethiopian adults having access to bank accounts, financial inclusion is a major issue. The central bank revealed in August 2022 that 8,944 commercial bank branches exist in the country. The 30 commercial banks currently in operation offer credit services to less than 400,000 customers charging an average of 17pc interest on asset-backed loans...



Left) Elias Woldu and Mesnbet Shinkute sign a Memorandum of Understanding on behalf of the Ethio-American and Addis Abeba Chamber of Commerce & Sectoral Association, respectively. Some estimates put the number of Ethiopian diaspora living abroad at over two million people, larger than the population of several small nations. Continued economic and political deprivation has forced many to leave the country for better opportunities. While migration to other countries is still high, the number...