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Cement shortage stifles the market
No foreseeable silver bullet to rescue the situation
Shortage of cement hits the market hard as factories production go down.
Retailers in the city, contractors and...
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ESLSE inclines to swap two tankers for profitable bulkers
The state owned logistics mammoth, Ethiopian Shipping and Logistic Services Enterprise (ESLSE) discloses that it is on the final stage of swapping its two...
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Stabilizing inflation becomes a tough nut to crack
The Central Bank claims that it’s becoming difficult to apply strong fiscal and monetary administration to stabilize inflation.
The National Bank of Ethiopia (NBE) governor,...
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Gold smuggling shrivels markets as the Chinese get involved
Remittance decreases by 80 percent
Ethiopian gold export shrinks as both foreign and local residents get in on the illegal gold trade. As the National...
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CWP Global, Djibouti pair to propel green power in the horn
Djibouti Ministry of Energy and Natural Resources and CWP Global, a leading developer globally of massive-scale renewable energy and green hydrogen projects, ink an...
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PM appoints seven finance gurus to lead ECMA
The Ethiopian Capital Market Authority (ECMA) receives shrewd finance experts to steer the regulatory body in the capacity of director general and board of...
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Court delivers final verdict on the Holland Car’s saga
The Federal High Court gives a final verdict on the eight year long litigation battle between the Liquidity Supervision Commission of Holland Car plc...
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Bunna registers top-tier performance as it hallmarks 10 years of insurance
Bunna Insurance surpasses its own set projections for the 2021/22 fiscal year registering 17 percent higher growths in written premiums from general insurance and...
