Association Puts Notice on Unhealthy Lifestyle

Apr 29 , 2023


[ssba-buttons]

Over 31.4 billion Br loss is recorded from direct and indirect costs of non-communicable diseases annually, according to a study presented by Health Development and Anti-malaria Association. Panellists in the medical field presented their papers on the growing threat and how to address the problem at a workshop organized by the Association at the Inter Luxury Hotel on Guinea Conakry Street last week. Mussie GebreMichael (MD), a participant from the Ministry of Health, said the health burden of non-communicable diseases is growing at a breakneck pace accounting for 34.2pc of the total number of deaths recorded in 2019. According to Mussie, heart and artillery diseases take the lead at 14pc while chronic respiratory disease follows at 2.5pc and sugar and kidney failure account for four percent of the death toll. He stressed that diseases related to high concentrations of sugar, salt and saturated fat should not be overlooked as unhealthy foods are the factors accounting for 18.3pc of premature deaths.   Editors' Note: This article is updated from its original version on August 30, 2023.


Radar

EthSwitch Sees Record Profit, Expands Digital Payment Reach

EthSwitch, the national switch operator, reported a record 1.4 billion Br gross profit for the fiscal year ending June 2025, a 34pc increase from last year's 1.06 billion Br. The performance was driven by a sharp rise in interoperable transactions, reflecting the country's growing embrace of digital payments. Person-to-person (P2P) transfers led revenue generation with 902.6 million Br, nearly half of total income, followed by ATM transactions contributing 825.1 million Br. Overall revenue cl...


Radar

Lion Bank Delivers Robust Results, Rewarding Shareholders

Lion International Bank S.C. posted a profit before tax of 1.8 billion Br for the last fiscal year, marking a 94pc surge from the previous year. The announcement was made during the bank's General Assembly held last week at the Sheraton Addis Hotel. After provisions and taxes, the bank registered a net profit exceeding 900 million Br, with shareholders earning 27pc per share. Deposits climbed by 23pc to 44 billion Br, up from 35.6 billion Br, while total loans and advances reached 36.2 billio...


Radar

Berhan Bank Lifts Earnings as Reforms Ease Forex Strain

Berhan Bank reported a 28.1pc growth in its latest fiscal year, buoyed by economic reforms and relaxed forex directives. The Bank's total deposits climbed to 44.5 billion Br by June 30, 2025, up 7.6 billion Br from the previous year. Net profit distributed to shareholders rose by 36pc, while total income reached 10.3 billion Br, marking a 61.4pc increase. Interest income accounted for nearly 59pc of total earnings, driven largely by the repeal of the National Bank's 70pc forex surrender rule...