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New Directive Pushes Mandatory Safety Seats for Children


New Directive Pushes Mandatory Safety Seats for Children

The Road Safety & Insurance Fund Service has issued a draft directive proposing compulsory child-extension belts and age-specific restraint systems in vehicles to improve passenger safety for infants and young children. The measure would oblige inter-city public transport operators to secure infants with extension belts, while private car owners would need to install child-restraint systems certified under Ethiopian quality standards. The draft sets clear categories: infants under one year, below 10kg or 105cm, should travel in rear-mounted restraints lying on their backs; children aged one to four, weighing 9-18kg, would need rear-facing seats, and those aged four to seven, weighing 15-25kg, would require booster seats in the vehicle’s rear. Drivers would also be accountable for ensuring all passengers in front and rear seats fasten their belts. Large mass-transit vehicles carrying more than 24 passengers would only enforce belts for drivers and front-row occupants. Newly imported vehicles must come fitted with belts aligned with national standards. Exemptions are included for individuals with medical restrictions, subject to annually renewed certification. Two and three-wheelers remain excluded from the rules.

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Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


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Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


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Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...