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EthSwitch Receives $8.3m Grant

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SIDE BY SIDE

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COLD EXPORT

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WATERING AGAINST THE SUN

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Radar

Ministry Scraps Trade License Certification Requirements

November 20 , 2021

The Ministry of Trade & Regional Integration has announced a significant reduction in the types of businesses that are required to present certifi...

Danish Gov’t to Donate $4.5m to Humanitarian Efforts

November 20 , 2021

The government of Denmark has announced it will be donating 30 million Danish kroner (4.5 million dollars at current exchange rates) to boost ongoing...

MOVING CART

November 13 , 2021

An innovative cart is being used by a boy to transport goods. It is made up of wood and steel wheels, and sports a compartment made up of a plastic container and a roof with a simple umbrella strapped to the cart. It also has a homemade break to stop more safely on slop...

ECX Floors Trade 4.4b Br Worth Commodities

November 20 , 2021

The Ethiopian Commodity Exchange (ECX) saw 51,000tn of goods worth 4.4 billion Br traded on its floors over the first four months of the fiscal year. Coffee and sesame...

Dashen Shareholders Vote to Raise Capital to 12b Br

November 20 , 2021

Dashen Bank is moving to raise its paid-up capital to 12 billion Br following a shareholders' vote during the Bank's 25th annual general assembly held at Mechare Meda las...

SWIFT TRANSFER

November 13 , 2021

Asfaw Alemu (centre), president of Dashen Bank, was excited for the launch of a partnership between the bank and Thunes, a financial services company specialising in global money transfers on November 11, 2021. The deal facilitates money transfer from around to Ethiopia...

Metal Products Manufacturer Eyes Sebeta Expansion Project

November 20 , 2021

A private company in the manufacturing of steel structures has requested 100hct of land in Oromia Special Zone to realise its expansion plan. Woda...

Private Banks’ Subscribed Capital Hits 74b Br Mark

November 20 , 2021

The aggregate subscribed capital of private commercial banks has surpassed 74 billion Br, a 33pc increase from the previous year. According to a re...

Ministry Reports $1.8b Debt Serviced Last Year

November 13 , 2021

The federal government serviced 1.8 billion dollars worth of external debts over the last fiscal year, according to a report from the Ministry of Finance. Of the amoun...

Headline Inflation Clocks In at 34.2pc

November 13 , 2021

The Ethiopian Statistical Service reported that year-on-year inflation for last month sat at 34.2pc. Food inflation registered at 40.7pc while non-food inflation showed a...

HIDDEN LIGHT

November 13 , 2021

Public landscaping and traffic safety are grappling for space on the street near National Theatre. Engulfed by the leafy tree, a traffic signal can be seen poking out. The traffic light is showing red, if anyone can see it. The tree can use some trimming...

Dashen Bank Partners with Thunes

November 13 , 2021

Dashen Bank has partnered with Thunes, a global payment network, to facilitate remittance transfer. Thunes operates in more than 100 countries and offers multiple chan...

Not the Right Time for a New Program: IMF

November 13 , 2021

During a press briefing held last week, representatives of the IMF stated that it would be difficult to kick off any new projects in Ethiopia given the heightened uncerta...

Latest T-bill Auction Raises 19b Br

November 13 , 2021

The central bank's latest auction of treasury bills (T-bills) saw a total of 19 billion Br worth of bids. The government-guaranteed bonds are auctioned off bi-monthly to financial institutions, pensioners funds and individuals. Of the total sum, 13 billion Br was rai...

Editorial

Truce - Desirable, Useful and Attainable!

November 20 , 2021

Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...

Contingency Economic Plan Necessary to Reconcile with Political Storm

November 13 , 2021

Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...

A Year in the War, Time for Sober Reflections

November 6 , 2021

Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...

Central Bank`s Dillemma Under Governor Yinager Dessie

October 30 , 2021

Central banks are prone to conspiracy theories. It should be no surprise, for they ar...


Most read

Columns

Commentaries | Nov 20,2021

Rich Countries' Double Standards on Taxation

Life Matters | Nov 20,2021

Scam Pandemic

My Opinion | Nov 20,2021

The Market for Peace

Sunday with Eden | Nov 20,2021

The High Cost of Cheap Sheger Bread Loaves

Agenda | Nov 20,2021

It's Tax Season! Uncle Sam Struggles to Meet Target

Editorial | Nov 20,2021

Truce - Desirable, Useful and Attainable!


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Sunday With Eden

The High Cost of Cheap Sheger Bread Loaves

The first time I heard about the client experience of the much talked about Sheger Br...

What Women Want: the Support of Other Women

I tremendously respect and admire women who live within the incredibly rewarding val...

Life Matters

Scam Pandemic

It is amazing how people come with various tactics to deceive others. Every once in a while, we hear about a scam, some more common than oth...

Nosy Fingers

Human beings are a species of habit. We are enslaved to our routines. Of course, some habits are hard to create, such as exercising, while o...

Agenda

It's Tax Season! Uncle Sam Struggles to Meet Target

November 20 , 2021 . By SAMUEL BOGALE

October and November are hectic months for those employed by the civil service workin...

Conflict, Uncertainty Aggravate Pandemic-Stricken Education System

November 13 , 2021 . By SAMUEL BOGALE

Twisting his short hair with his left hand and sipping a cup of coffee with his right...

Conflict Spreading, Ailing Farm Productivity Takes Toll on Economy

November 6 , 2021 . By HAWI DADHI and TSION HAILEMICHAEL

Qobo in North Wello of the Amhara Regional State is where Admassie Tikuye, a farmer,...

Fear Mounts Financial Institutions Face Bank Run as War Rages in the North

October 30 , 2021 . By HAWI DADHI

The disturbing sound of shots – from a distance – has become familiar for people...

Gallery

Parliament Approves New Cabinet Members

October 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

January 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

September 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

December 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

April 26 , 2019

Commentaries

Rich Countries' Double Standards on Taxation

The last two years have thrown into sharp relief the structural injustices that under...

The Smart Climate Money's on Women

Women account for 43pc of the agricultural labour force in developing countries but account for only about seven percent of investment in th...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or tw...

Fortune news

A TAX SEASON FOR ATROPHIED ECONOMY

November 20 , 2021

As October and November rolled in, so did the tax season, when tax officials and businesses began an annual ritual of testing one anotherâ€...

Debt Soaked Sugar Corp Wants 11.3b Br in Loans

The Ethiopian Sugar Corporation (ESC) has placed loan applications with the state-owned Commercial Bank o...

Security Concerns Drive Pioneering Tenant Away from Hawassa Industrial Park

November 20 , 2021 . By BERSABEH GEBRE

An international apparel company that has played a pioneering role in establishing the Hawassa Industrial...

Awash Insurance to Erect Second HQ

November 20 , 2021 . By BERSABEH GEBRE

Awash Insurance plans to erect a new headquarters building in Addis Abeba's financial district of the Senga Tera area, marking the second pr...

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