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Exporters in outcry over pre-shipment credit
Exporters shade in outcry over the lack of appetite of the financial sector which is eroding its provision of pre-shipment export credit facility.
Business community...
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Safaricom Ethiopia liaises with NBE to amend financial proclamation
Safaricom Ethiopia said it is participating in the consultation process with the national bank in amending the financial proclamation.The company has said it is...
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Oromia bank scoops international award
Oromia bank receives a Quality Choice Award of 2022 from the European Society for Quality Research (ESQR) in Barcelona, Spain. This international quality award...
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Blackout rocks operation of 30 farms
One of the major hard currency earning sectors, the horticulture sector, gets a setback after occurrence of a power outage in the horticultural hub...
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Manmade fuel shortage disorients market
If the current shortage of petroleum is not resolved in the remaining few days, the Ministry of Trade and Regional Integration has stated that...
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EEG back peddling in innovation, audit findings show
The Office of Federal Auditor General (OFAG) says that the Ethiopian Engineering Group (EEG), which is the major portion of the infamous former Metal...
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Govt to scarp colored plastic bottles
The usage of masterbatch (MB), which is used for coloring plastic bottles in the bottled water industry, is to be halted if the new...
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Audit report with astronomical penalties spurs confusion
The Office of the Federal Auditor General’s (OFAG) performance report has stirred confusion between Ethiopian Roads Administration (ERA) and Ethiopian Construction Works Corporation (ECWC).
OFAG’s...