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Yearly Archives: 2018

The 11th Assembly of Leaders

The 11th Assembly of Leaders of the African Union member countries convened on Saturday November 17, where Prime Minister Abiy Ahmed (PhD) (pictured in...

MeTEC’s lost plane found

One of the five airplanes bought by Metals and Engineering Corporation (MeTEC) from an Israeli Company, which was declared lost, last week by the...

Insurers look for answers to vehicle claims, unfair competition

The Association of Ethiopian Insurers is going to assign another actuarial firm to find solutions to improve the insurance industry, primarily by suggesting ways...

World Bank team to help make stock market a reality

The World Bank Group announced that a team of experts would arrive next month to assist Ethiopia in the actualization of a capital market. The...

Debub Special

Another bank has come along with special banking service for its premium costumers. Debub Global Bank one of the youngest in the financial industry...

Reconciliation Commission comes out the birth canal

The Council of Ministers reacted to the formation of the National Reconciliation Commission which has been advocated for by several politicians and civic society...

More companies to face audits this year

The Ministry of Revenue (MoR) announced that it would conduct a risk-based audit of over 3,089 business during the current fiscal year. About 2,179...

Berhan Bank profit slightly declines

Even though they are a new player in the financial industry young Berhan Bank (BB) has continued growing despite a slight reduction in profits....

Bank of Abyssinia reaches one million depositors

The Bank of Abyssinia (BoA), one of the first two private banks since the free market was reintroduced in the early 1990s, has continued...

Wegagen Bank’s profits skyrocket

The gross profit of Wegagen Bank has climbed by fifty percent in the past fiscal year. The statement that the bank sent to Capital indicated...
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