Sunday, July 14, 2024
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NBE Sets Policy Rate at 15% in Shift to Interest-Rate-Based Monetary Policy

In a significant move, the National Bank of Ethiopia (NBE) has adopted an interest-rate-based monetary policy framework, aligning with...

East Africa Metals Inc. announces start of gold mine infrastructure construction in Tigray

A Canadian business called East Africa Metals Inc., with its headquarters in Vancouver, has announced that it would begin building gold mine infrastructure in...

Ethiopia nears completion of talks to secure $10.5 Billion in funding, says PM Abiy

Prime Minister Abiy Ahmed announced that the nation is nearing the completion of talks with development partners that would enable it to secure an...

Ethiopia faces challenges with quality of cable products

In Ethiopia, rising security concerns are linked to the inconsistent quality of cable products. Despite the presence of several electric cable manufacturing companies in...

$50 million cool chain logistics hub to launch in Mojo

The groundwork for the much-anticipated cool chain logistics system will be laid in Mojo Green Logistics Hub very soon, Capital has learned. A few years...

Beijing Declaration reaffirms timeless principles of peaceful coexistence

On the 70th anniversary of the Five Principles of Peaceful Coexistence, world leaders gathered in the Chinese capital to commemorate this historic milestone and chart a path forward for...

Blocked Airline funds hinder economic growth in Ethiopia

The inability of airlines to repatriate funds from ticket sales in Ethiopia is hindering the country's economic growth and recovery, industry leaders warn. As of June 2024, Ethiopia had $115...

Progress made in weapons and ammunition management across Africa, UNIDIR report finds

A new report from the United Nations Institute for Disarmament Research (UNIDIR) highlights the progress made by 12 African states in strengthening their national...

Sub-Saharan Africa’s trade lags global recovery in 2024

While global trade has shown signs of recovery in the first half of 2024, the performance of Sub-Saharan African countries has remained disappointing compared...
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INCREASED INCOHERENCE

States and their innate manipulative behaviors, almost always at the service of capital, are at the core of the current overwhelming incoherence that obtains in the nation-states of the modern world...

Nigeria’s economic crisis: The pain of policy shifts

Nigeria is grappling with its most severe economic crisis in a generation, driven by significant policy changes implemented by the new president elected 15...

ASSET PRICE INFLATION

Asset price inflation, particularly in the rich countries of the world system, has become pronounced. Increases in asset prices benefit those who are already...

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Empowering health

Misrak Makonnen is a seasoned public health professional with over 20 years of experience in international public health and development. Since 2016, she has...

Economic impact of environmental issues

In this interview, we speak with Melkamu Ogo, a seasoned private law practitioner and part-time lecturer at Addis Ababa University. Melkamu is the founder...
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Showcasing the power of the chair

In a groundbreaking move that celebrates the cultural and artistic richness of Ethiopia, the country has hosted its first-ever Chair Exhibition, highlighting the extraordinary talent of local youth and...

‘Ethiopia, Land of Champions’ photography exhibition

The "Ethiopia, Land of Champions" Olympic Games-themed exhibition offers an artistic exploration of sports through photography and other artistic expressions such as street art, virtual reality, poetry, and music....

Ethiopia’s Melka Kunture and Balchit Archeological Site Nominated for World Heritage List

In the 46th session of the UNESCO World Heritage Committee taking place from July 21-31, 2024 in New Delhi, India, Ethiopia's Melka Kunture and...

Autobiographer Ezra Ejigu honored as Exemplary Person of the Year

The Adwa Historical and Cultural Alliance in Dallas has awarded its 8th Exemplary Person of the Year Award to journalist and autobiographer Ezra Ejigu. The...

“I want to be one of the Best in the World” Selemon Barega

Despite his parents not wanting him to pursue a career in running, Selemon Barega defied the odds to become one of the best in the world.  As the reigning Olympic...

Safaricom’s First Grand Run to take place in Arba Minch

The first round of the 2024 Safaricom Great Arba Minch Run is set to take place on July 14, 2024, in the city of Arba Minch. The race, which is...

Hawassa’s striker Ali is leading the top scorers’ chart

Though breaking the seven-year-old 27-goal record appears no longer possible, the premier league top scorers' race is gaining momentum with five players: Ali Suleiman,...

Fereweyni won Szewińska Memorial in Bydgoszcz

Ethiopian Fereweyni Hailu, Leonardo Fabbri, Natalia Kaczmarek, and Andreas Kramer provided the standout performances of the Szewinska Memorial in Bydgoszcz, as meeting records took...

Name: Mahlet Azene

Education: MSc in Speech & Language Therapy Company name: Jaziel Speech & Language Therapy Clinic Title: Owner, Manager & Therapist Founded in: 2022 What it does: Speech therapy for both children and adults Headquarters:...

Name: Bereket Tsegaye

Education: Graphics, Video Editing, Cinematography Company Name: 'Devo Printing and Advertising' Title: Owner Manager Founded in: 2019 What it does: Printing, Advertising, and Digital Marketing Headquarters: Addis Ababa Startup capital: 30,000.00 ETB Current capital: 3,000,000.00 ETB Number...

Name: Tesfaye Mekonnen

Education: Theology and Community Development (BA) Company name: Tesfaye, Liya and Woinshet Eco Paper Title: Manager Founded: 2017 What it does: Manufacturing handmade, chemical-free paper HQ: Addis Ababa Number of...

Name: Alemayehu Mulat

Education: BA in marketing management Company Name: Maleda Crafts Title: Founder and General Manager Founded in: 2021 What it does: Manufacturing bags, rugs, and shoes made of recycled...

24/7 Gaming Experience What Makes 1xCasino Stand Out?

1xCasino offers 24/7 gaming experience that keeps players engaged. One of standout features is the variety of games. You can find everything from traditional...

6 estrategias esenciales de negociación de divisas para lograr el máximo beneficio

Introduction Cada operador puede obtener un pago decente en ocasiones. Aquellos que deseen obtener ingresos regulares mediante el comercio de divisas pueden necesitar una estrategia...

Unforgettable, forgotten: Enset- a remarkable crop of East Africa

Agriculture isn't just a means of producing food; it's also an art form. When dedicated farmers tend to their farms, the resulting produce is...

Genesis of capital markets, one pitfall investors to watch out and what is the approach Ethiopian Capital Market Authority is following?

In my previous article, I have shared the optimism and excitement albeit with caution. The Ethiopian Capital market to thrive or at least to...

The Essence of Responsible Business

Businesses are the engine of the economy. They contribute to economic and social development through job creation, development of skills and technology, and the...

China, India and the Global Economy

According to the World Bank and IMF, China and India are both now growing much faster than the West. Their greater populations mean that...

What is truly important

The vision and goals that most business owners have for their business is to make profit. We must realise though that making money is...

Mind the small print

Contracts serve to record an agreement on principle and codifies what parties have promised to do. It also implies consent to the agreement and...

Seychelles: President Ramkalawan sends message of condolence following the passing of Dr. Guy Ahmoye

The President of the Republic, Mr. Wavel Ramkalawan has sent a message of condolences following the passing of Dr. Guy Ahmoye. "Seychelles is deeply saddened following the passing of one...

Empowering Youth and Strengthening Health Services in the Southern Highlands of Tanzania

In early June, a delegation of the American Embassy and the Henry M. Jackson Foundation Medical Research International (HJFMRI) in Tanzania, led by Mark Breda, Country Director of the...