FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Premier Appoints Beker as Deputy Head of Policy Think Tank

Sep 11 , 2020


[ssba-buttons]

Prime Minister Abiy Ahmed (PhD) appointed Beker Shale (PhD) as deputy director-general of the Institute for Strategic Affairs (ISA), a policy think tank engaged in research and policy analysis. Beker, former director-general of the then Ethiopian Revenues & Customs Authority, received his PhD from South Korea Yonsei University in public administration last month. He has a BA degree in organisational management and a master’s degree in leadership. He served at the regional and national levels in different positions rising from wereda administrator in his hometown, Dodola, West Arsi, state minister of Government Communications, and Mayor of Adama to the head of the then Oromia People’s Democratic Organisation (OPDO) until he left the position three years ago to pursue his doctoral degree. Yohannes Buayalew, who was the head of the then Amhara Democratic Party (ADP), joined the Institute last month as the director-general following the departure of Hallelujah Lulie, who tendered his resignation after serving the Institute for two years. Three months ago the Council of Ministers approved the revised regulation that transferred the accountability of the Institute back to the Ministry of Foreign Affairs from the Ministry of Peace.


Radar

Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


Radar

Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


Radar

Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...