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Selam Bank ‘Is not to be!’
Frustration, uncertainty engulfs investors
The much anticipated unveiling of the under formation mortgage bank, Selam bank, falls through the cracks.
The founders agreed with Goh-Betoch Bank...
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Inconsistent tax incentives, forex shortage derail Ethiopia’s electrification ambitions, reveal experts
Required foreign currency and tax and customs issues hamper the country in meeting the National Electrification Program (NEP) 2.0 target that is to be...
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Greek Community School in uphill discord with Gov’t
The Greek Community School accuses the government of trying to illegally seize its property.
As the situation heats ups, the school's board of directors has...
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ESL’s ultramax on pace to dock in mid June
The recently swapped ultramax vessel is expected to dock its anchor mid this month at Djibouti, Ethiopia’s sea harbor hub, for the first time....
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Djibouti’s container port flies high in CPPI rankings
Djibouti port, Ethiopia’s main sea cargo outlet, maintains it status at top position on the World Bank and S&P Global Market Intelligence container port...
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New study shines light on challenges of Ethiopia’s polio eradication
New research conducted by Addis Ababa University and Johns Hopkins University sheds light on internal and external factors impacting Ethiopia’s polio eradication program.
Recently, in...
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Rammis Bank cuts its HQ ribbon
Rammis Bank, the fourth full-fledged interest free banking (IFB) entrant discloses that it will house dual head quarters at the heart of the Capital...
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Direct advance shares shrink over six folds in 2nd quarter
The conversion of direct advance (DA) to long term government bonds lead to a share drop of over six folds from the total claims...
