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NBE’s monetary policy pays dividends
The monetary policy action introduced by the National Bank of Ethiopia (NBE) early this fiscal year surges banks’ reserve by a fifth as of...
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Gov’t revisits regulations to magnetize foreign currency
The Ethiopian government is revising investment incentives regulation to attract more businesses including foreign direct investment (FDI) which the country desperately needs.
Facilitating plots of...
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Al-amoudi’s soft drink firm stops production
MOHA (Mohammed Hussein Al-amoudi) Soft Drink Industry S.C stops its production of soft drinks.
MOHA which is popular for producing drinks like 7 UP, MIRINDA,...
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Ministry calls on exporters to register
The Ministry of Trade and Regional Integration calls up on oilseed and pulse businesses exporting to China to be registered.
The new requirements come into...
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ECA refutes Safaricom’s deadline extension claims
Still no new service will be operational before July
Ethiopian Communication Authority (ECA) refutes the claim of extending the deadline for the commercial launching date...
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Meta Abo sells its share at measly 6% par value
BGI Ethiopia’s parent company Castle Group acquires Meta Abo Brewery after the approval of the Ethiopian Trade Competition and Consumer Protection Authority (ETCCPA) to...
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Safaricom Ethiopia defers debut
Set to start in July
The Ethiopian Communication Authority (ECA) extends the deadline for the launch date of Safaricom Ethiopia’s commercial launch as it fails...
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Tele applies for license to dish out loans
Ethio telecom applies for a license to the National Bank of Ethiopia to start giving loans and saving services through telebirr as part of...
