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Trade Ministry steps in to regulate stiff cement market
Ministry of Trade and Regional Integration (MoTRI) announces that it will regulate cement factory gate prices every six months until demand and supply levels.
In...
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Peace agreements spur investors to set base in industrial parks
Following the peace agreement between the government and the TPLF group to stop the conflict in the northern part, about 20 local and foreign...
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NBE, Finance Ministry gear dynamic approach to counter economic turmoil
National Bank of Ethiopia (NBE) and Ministry of Finance (MoF) are looking into alternative tools to combat the macroeconomic situation in the country against...
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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...
