Tuesday, April 30, 2024
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Local News

Economists implore for upgrade in financial systems ahead of BRICS

By Eyasu Zekarias Ethiopia gears to officially join BRICS in January 2024, with hopes and concerns equally running high. As Dr. Degye Goshu, Director of Research...

Wegagen Bank achieves remarkable growth with 109% rise in profit before tax

By our staff reporterWegagen Bank has reported a significant surge in its profit before tax, recording a remarkable 109% increase compared to the previous...

Awash Bank’s earnings skyrocket to close to 10 billion birr

By our staff reporterAwash Bank, Ethiopia’s flagship and powerful private bank, continues to set pace with earnings coming in at close to 10 billion...

Global Bank achieves remarkable 88% profit margin, surpassing industry peers

By our staff reporterGlobal Bank Ethiopia, a prominent player in the banking industry for nearly 11 years, announced a remarkable achievement in the last...

Fertilizer for food innovation challenge boosts access and sustainability in the agriculture sector

By Eyasu ZekariasThe agricultural sector holds a central role in the lives and livelihoods of the majority of Ethiopians. It is estimated that around...

Sinoma Int’l opens Industry-Education Integration Training Center

Chinese construction giant, Sinoma International through its Ethiopian subsidiary opens a training center in Ethiopia.According to the construction firm, the Ethiopian Industry-Education Integration Training...

New report shows how Ethiopia’s manufacturing sector can swing to benefit the economy

By Eyasu Zekarias Despite Ethiopia’s current low manufacturing state, a new report reveals that the country has considerable potential to become a manufacturing power, with...

More than $6billon required to unlock MSME’s hurdles, reveals report

By Eyasu Zeakarias Reports reveal that a capital of 6.1 billion dollars may fill the 80 percent gap in the market affecting micro, small and...