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.


Ministry Secures $86m Grants

An 86.18 million dollar grant agreement was signed between the Ministry of Finance, UNICEF and UNFPA last week to support the agencies' ongoing country programs for the fiscal year. Out of the total grant, UNICEF committed 70 million dollars to support its water, nutrition, education, health, sanitation, child protection, and gender projects. Meanwhile, UNFPA pledged 16.1 million dollars for family planning, maternal health, adolescent and youth development, and gender equality and women empo...


Authority Reports Fuel Import Stats

Ethiopian Petroleum & Energy Authority (EPA) disclosed that 3.2 million tons of fuel were imported into the country during the last fiscal year. The figure includes 2.04 million tons of diesel and 767,672tns of benzene. In the past fiscal year, the digital payment system, Telebirr, facilitated transactions totalling 103 million volumes worth 61.8 billion Br. Of these transactions, 81.39pc were for diesel, while 17.82pc were for benzene. The number of fuel stations increased from 682 to...


Commercial Bank Collects $3.2b in Foreign Currency

The Commercial Bank of Ethiopia (CBE) announced robust performance in foreign currency collection for the past fiscal year, achieving 3.2 billion dollars in total mobilisation. This includes 2.07 billion dollars in remittances, with the Bank's Diaspora banking service and CBE Birr contributing 89.9 million dollars to the total. The performance details were shared during CBE's annual review meeting last week. "This achievement is particularly gratifying given the challenging economic climat...