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Rammis Bank Reports Income Growth, Expanding Footprint


Rammis Bank Reports Income Growth, Expanding Footprint

Rammis Bank closed the fiscal year ending June 2025 with total income of 400 million Br, a 3.8pc rise from the previous year, according to results presented at its general assembly at held at Elili Hotel last week. Total assets climbed to 4.2 billion Br, an 85pc increase that signals rapid expansion. The bank also widened its branch network to 47 and grew its customer base by 93pc, now serving 352,000 clients. The results underline steady growth as the bank scales its services and extends its reach across the country.

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Association Reports Largely Peaceful Vote, Flags Gender Gaps, Registration Issues

The Ethiopian Women Lawyers Association (EWLA) says the 7th National and Regional Elections held on June 1, 2026 were largely peaceful, orderly, and transparent, based on its preliminary monitoring report. Deploying 60 observers across 136 polling stations in nine regions and two city administrations, EWLA's Violence Against Women in Elections (VAW-E) mission found strong voter protection measures, with 92.5pc of stations prioritising pregnant women, nursing mothers, the elderly, and persons...


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ESL Prepares to Launch Full Digital Logistics Platform

Ethiopian Shipping & Logistics (ESL) is finalising plans to roll out a comprehensive digital service platform aimed at reducing bureaucracy and streamlining maritime trade operations. Under its “Digital ESL” initiative, the system will allow importers and commercial clients to handle key services online, including freight inquiries, vessel bookings, and access to customs and tariff information, removing the need for physical office visits. The platform will also integrate digital p...


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Ministry of Revenues Reports High Number of Digital Tax Payments

The Ministry of Revenues reported over 281 billion Br collected through its electronic payment platform in the first 10 months of 2026. Elsabeth Ashenafi said the record digital inflow reflects a steady shift of taxpayers from cash and cheque-based settlements to online systems, supported by ongoing reforms to improve compliance and reduce administrative bottlenecks. Officials attribute the growth to the efficiency and convenience of the e-payment system, which allows taxpayers to file and...