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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...
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US Company – Osirius Group wins latest sugar bid
A USA based company receives a nod from the Ethiopian Sugar Industry Group to supply 200,000 metric tons of sugar, in the latest restricted...
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Abay bank to sell new shares to the public
Abay bank prepares to inject and sell new shares to the public as it aims to increase its capital to 12 billion birr.
According to...
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Trade ministry lifts sesame seeds price cap
The Ministry of Trade and Regional Integration (MoTRI) lifts the price cap which was re-imposed early this month for the trading of sesame seeds...
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Leather industries call for change in forex surrender
No foreseeable change, cite central bank officials
Leather industries request the government to remove the 70/20/10 forex surrender as foreign currency shortage takes a tight...
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Standard Bank executives to visit Ethiopia this week
After the Council of Ministers approved the long-awaited policy that allows foreign banks to operate in Ethiopia, the Standard Bank Group is embarking on...
