Sunday, May 19, 2024
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Local News

Huawei’s Ethiopia Digital Week 2024: Catalyzing a Digital Education Revolution

By our staff reporter At the heart of Addis Ababa, Huawei's Ethiopia Digital Week 2024 has unfolded as a transformative event, this time with a...

Successful completion of ESX share sales marks milestone in Capital Market

On March 29, 2024, the Ethiopian Securities Exchange (ESX) concluded its share sales, signaling a significant milestone in the country's capital market landscape. In...

BGI’s long-term distributors clash over contractual violations

BGI Ethiopia Distributor Association, representing 36 members, has raised concerns over BGI's breach of their two-decade-long contractual agreement. The association asserts that despite a...

CBE addresses financial malfunction

The Commercial Bank of Ethiopia (CBE), a government-owned financial institution, warns other banks about their dependency on CBE's stability. It urges them to refrain...

Kerchanshe wins in London over coffee disputes

The prominent coffee exporter Kerchanshe Trading PLC thrives on the international arbitration stage of litigation in London, where it was sued in a disagreement...

ESL to increase fleet to fill the gap at Red Sea

Ethiopian Shipping and Logistics (ESL) announces its intention to increase the number of ships at the main Ethiopian cargo lifts in order to fill...

Maersk resumes bookings to and from Djibouti despite security concerns

Maersk, one of the largest logistics companies globally, has reversed its previous decision to suspend operations in Djibouti. In a statement, the company explained...

NBE launches NEWFin to promote women’s financial inclusion

NBE has officially introduced NEWFin, an innovative initiative aimed at reducing the gender gap in leadership roles within Ethiopia's financial sectors to enhance women's...