Friday, April 26, 2024
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News

Gov’t addresses metal sector’s plight

By Muluken Yewondwossen The Ministry of Industry (MoI) admits to being aware of the difficulties that the local metal sector has had to endure at...

Illicit rebar import paralyses local economy

By Muluken Yewondwossen Industry analysts alert that unlawful import activities are costing the nation billions of birr in customs duties. Stakeholders on their end back...

Foreign currency depositors to be compensated in birr Negotiations ongoing to establish a repo agreement

By Muluken Yewondwossen The recently set up fund, the Ethiopian Deposit Insurance Fund (EDIF), which ensures the safety, soundness, and stability of the Ethiopian financial...

More than 65% of Ethiopians in the blind with regards to cyber security

By Eyasu Zekarias A report from the Information Network Security Administration (INSA) through the “National Cyber   Security Awareness Survey” shows that awareness of Ethiopians with...

Ethiopia Ranks 129th out of 142 in Rule of Law Index   

Ethiopia is 30th out of 34 regionally By our staff reporter    The rule of law has once again eroded in a majority of countries this year,...

Ethiopia allows local sales of export-quality coffee in foreign currency

By Muluken Yewondwossen The decision of the government to facilitate the local sales of export-quality coffee in foreign currency has been positively received by coffee...

Investment banks edge closer to capital market registration

By Muluken Yewondwossen The Ethiopia Capital Market Authority (ECMA) discloses that registration activities are in the pipeline and will begin to on board investment banks...

IMF highlights Ethiopia’s Economic Outlook and challenges

By Muluken Yewondwossen During the inaugural World Economic Outlook (WEO) presentation event in Africa at the National Bank of Ethiopia (NBE), the International Monetary Fund...