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ESL receives green light to diversify
By Muluken YewondwossenThe state owned and only deep sea vessel operator in the continent, Ethiopian Shipping and Logistics (ESL), receives the go ahead by...
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Ethiopia joins BRICS, China gives 1-year debt service relief
By Muluken YewondwossenEthiopia will get at least a fourth of its debt service for a year as per the deal that the Chinese and...
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New directive underway for ECMA to register securities
Market fraudsters will face the music, Authority warnsBy our staff reporterThe Ethiopian Capital Market Authority (ECMA) discloses that it is on the final stage...
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PACCI annual report highlights commitment to Africa’s business growth, advocacy
By our staff reporterIn a significant step towards shaping the future of African commerce, the Pan African Chamber of Commerce and Industry (PACCI) convened...
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Akobo Minerals golden era to soon shine, partnerships solidify
By Muluken YewondwossenAkobo Minerals AB, the Scandinavian-based Ethiopian gold exploration and boutique mining company, which suffered delays of commissioning for gold mining due to...
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Gov’t sharpens monetary moves to slash inflation
The Board of Directors of the National Bank of Ethiopia (NBE) imposes caps on fresh loan disbursement with some bold monetary decisions on the...
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Broad money edges past two trillion birr
Broad money supply (M2) blows past two trillion birr in the third quarter of the previous fiscal year. Following suit, the currency outside the...
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EEU wires its ambitions high for 2023/24
The Ethiopian Electric Utility (EEU) targets to expand its revenue by more than a quarter in the 2023/24 budget year.The state owned electric utility...
