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New insurance regulator on the horizon
Insurers urge that an independent regulatory body for the insurance industry is urgent for the needed sectoral development. The government disclosed that it is...
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Ethiopia, China ink six MOUs at investment and trade forum
Ethiopia calls on China to work together on peace, security and good governance of the country in addition to the traditional investment.
Speaking at theEthiopia...
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ESC tables differed LC sugar import
The Ethiopian Sugar Corporation (ESC) invites interested sugar suppliers to offer their rates for the procurement of at least 200,000 metric tons of the...
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New avocado oil processing company to start operations in Jimma
A new avocado oil processing company is in the process of signing to start operations in Jimma Industrial Park seconding another Avocado oil, Biodiesel...
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Government announces a policy change on access to land for industrialists
Government in its new approach has planned to facilitate facilities in industrial parks rather than providing plots of land.
Prime Minister Abiy Ahmed said that...
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Ghosted Meta Abo employees rob factory
An unknown number of Meta Abo employees were arrested this week for allegedly stealing different equipment from the beer factory which is now acquired...
In Pictures
NBE issues risk-based internal audit directive
Experts opine it will streamline efficiency across the sector
National Bank of Ethiopia (NBE) issues a risk-based internal audit (RBIA) directive for insurers.
As per the...
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Festive month peaks inflation
According to the monthly inflation report from the Central Statistics Service, the April 2022 monthly inflation rate peaks at 36.6 percent showing an increase...
