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Bamboo shelters proposed to refurbish Lalibela churches
Lalibela projects led by Agence Française de Développement /AFD/ propose bamboo made shelters for the Lalibela rock-hewn churches to replace the old metal shelters...
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$400M worth of petroleum smuggled out of the country
Around 400 million dollars’ worth of petroleum has been illegally smuggled from Ethiopia in 2020/21 according to reports. The contrasting prices with markets in...
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NBE knits new directive to place IT at banks’ core operations
National Bank of Ethiopia (NBE) puts in place a directive that will see core banking services receiving mandatory IT support.
The directive that is set...
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MoF’s move causes uproar amongst bankers
The Ethiopian Bankers Association (EBA) raise concerns following the latest move by the Ministry of Finance (MoF) which orders public institutions to expel their...
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Dalol shareholders feel hoodwinked by their prime investor
Shareholders of Dalol Oil, one of the pioneers in local oil dealings, claim that a major share of the company was unlawfully taken by...
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China’s rules leave shipment stranded
Undisclosed amounts of oilseeds that were transported to China change course for a voyage back to the country owing to the new law imposed...
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Meta Abo staff still in the dark
Federation of food, beverage, tobacco and allied trade union raises concerns that employees of Meta Abo Brewery are not receiving the right information even...
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Khat gets a stimulating change in directive
Ethiopia drafts a strategy for one of the major export earning items for the country, khat. After decades in waiting, the stimulant’s export tariff...
