November 28 , 2020
The three state-owned financial institutions under the Public Enterprise Holding & Administration Agency have grossed 3.8 billion Br in profit during the first quarter of this fiscal year. Commercial Bank of Ethiopia (CBE), the Ethiopian Insurance Corporation (EIC) and Development Bank of Ethiopia (DBE) are three institutions that have achieved 87.4pc of the targeted 4.4 billion Br profit. The largest share is controlled by Commercial Bank of Ethiopia, which accounted for 81pc of the total value with 3.1 billion Br. DBE and EIC follow with 455 million Br and 260 million Br in profits, respectively. The companies have also bagged 19 billion Br in revenues, 95pc of the plan, during the reporting period. During the past fiscal year, the 22 public enterprises under the Agency grossed 300.5 billion Br and 55.6 billion Br in revenues and profit, respectively.
December 4 , 2021
There is no shortage of literature on why peaceful and non-violent political transiti...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
