Thursday, April 25, 2024
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News

Policy shifts signaled as vital to escape the perils of liquidity

Policy design to control currency outside banks underlined as of paramount importance to improve liquidity resources in the financial industry. Experts in the financial industry...

IATA releases industry net zero tracking methodology to guide industry emission reporting

The International Air Transport Association (IATA) will publish an annual Track Zero report using IATA’s Net Zero Tracking Methodology to report industry-level progress towards...

ESL fuels strategy to drive its logistics ambitions

State owned vessels operator, Ethiopian Shipping and Logistics (ESL), designs a strategic plan to go head and shoulders above the rest in the coming...

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...

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...

“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...

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...

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...