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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...
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Safaricom Ethiopia, Nokia strike 500 million USD infrastructure mega-deal
Safaricom Ethiopia PLC signs a 500 million dollar deal with Nokia for its infrastructure development and network expansion in Ethiopia. The agreement between the...
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The Ministry of Finance (MoF) lifts conditions of the foreign currency amount and the source for the import of basic commodities through franco valuta...
In a letter issued on Friday April 8 and sent to Customs Commission MoF disclosed that it passed a decision that Ethiopians who live...
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Sugar procurement sent to 3rd party for approval
The Ethiopian Sugar Corporation (ESC) pushes the decision for the procurement of 200,000 metric tons of sugar to third parties for a reason it...
