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Auditor General places parliament’s action in question!
The Federal Auditor General claims parliament didn’t act as expected regarding ‘huge audit gaps’.
On a press conference held on Friday, June 30, 2023, Meseret...
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ESL ushers new dawn with ‘Ultramax bulk carriers’
Ethiopian Shipping and Logistics (ESL) officially welcomes its new upgrade and biggest ever vessel on its berth at Ethiopia’s home port, Djibouti port.
MV Abbay...
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“Be vigilant!” Authority warns market funders
The recently established Ethiopian Capital Market Authority (CMA) announces that those who want to raise funds from the public through primary or secondary markets...
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Banks’ liquidity dries out
Withdrawal fiasco leaves customers afraid of depositing cash
Regulation leniency and lack of stringent measures from the central bank, National Bank of Ethiopia (NBE), is...
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Nigeria Air to conquer the sky in September courtesy of Ethiopian Airlines
Ethiopian Airlines announces it is planning to commence flights of Nigeria’s national airline, Nigeria Air on September 2023.
According to Ethiopian Airlines CEO, MesfinTasew, despite...
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Ethiopia still nursing 28.7 billion USD in conflict wounds, study shows
Ethiopia’s estimated damages and losses in one year from November 2020 to December 2021 due to conflicts in 6 regions stands at 28.7billion dollars.
In...
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Central bank deploys ‘regulatory sandbox’ to expand financial sector
National Bank of Ethiopia (NBE) announces that it is currently bridging the financial gap by facilitating a regulatory sandbox for interest free banking (IFB)...
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Mortgage financier, Goh Betoch, lobbies for a housing fund
The one and only mortgage bank in Ethiopia, Goh Betoch Bank (GBB), tables its policy recommendations to the central bank, National Bank of Ethiopia...
