Supreme Court Updates Judge Nomination System

Jun 29 , 2019

The Federal Supreme Court is implementing a three-year project to ensure the appointment of judges is based on competence, to create a proper flow of court cases, conduct research and improve the existing infrastructure. The project will focus on three major areas: independence, impartiality and accountability of the court system, according to Chief Justice Meaza Ashenafi, president of the Federal Supreme Court. In addition, the Chief Justice pointed out that the justice system must ensure speedy trials and access to justice. “Problematic working areas will be prioritised and solved in order to reach the expected result in a short time,” Meaza said. According to a study that analysed the effectiveness of court systems of 126 countries, Ethiopian courts are ranked in 111th position in giving judgments in civil cases and 104th in criminal cases.


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...