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Monthly Archives: August, 2018

USD 500m released to manufacturing but factories still thirsty

The government via its financial giant, Commercial Bank of Ethiopia (CBE), has released highly anticipated hard currency to the manufacturing industry. However, it’s less...

Homebuyers committee cries foul as Court allows eight to purchase Access land

Eight people purchased 4,133 sqm of fenced land belonging to Access Real Estate in Bole, at the back of Hayat Hospital for 91 million...

Trash to power

The Reppie Waste to Energy Project located in the Capital City’s main landfill has been inaugurated. The green energy power plant, which converts waste into...

Black market rate back on rise, contraband cash increases

The black market exchange rate has rebounded and is now going up after a decline to near bank rates during the last month. Starting June...

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