Friday, April 19, 2024
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News

Heartaches, grief engulf Wollega

For the past few years several ethnic conflicts and targeted attacks against certain communities occurring in several areas of Ethiopia including the War in...

NBE puts forth new threshold in reserve requirements

The financial sector’s regulatory body, National Bank of Ethiopia (NBE), revises bank’s reserve requirements by introducing a new rate amidst the skyrocketing inflation. The regulatory...

Trade ministry pushes for overseas capital accounts

On the aim to benefit from service goods in business activities under the CFTA, the trade negotiating committee under the Ministry of Trade and...

Djibouti’s port moves notch higher in new index

Djibouti port, Ethiopia’s main sea cargo outlet, attains major scores on the World Bank container port performance index (CPPI) 2021. The CPPI 2021 which was...

Export earnings boom in final quarters

The export earnings of the Ethiopian industry sector spikes by a third in the first 10 months of the budget year in comparison to...

Gov’t pays higher dues to narrow debt matrix

Despite the external flow which was expected to way heftily on government, the country has been able to steer itself to settle over 15...

Local recycling firm gets 27M euro injection

Great Value Energy Plc, a local recycling factory gains 27 million euro in loans for an expansion aimed to fulfill local demand and increase...

Berbera port shares offer swept off without gov’t notice

Gov’t to investigate the matter Ethiopia losses its opportunity to the ownership of 19 percent of Berbera Port as the government failed to fulfill...