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Policy tweaks surge the T-bill market
The policy shift on the Treasury bill (T-bills) market taken by the central bank is paying off exponentially as the outstanding amount spikes by...
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Counterfeit seeds threaten sector
A new report that is on its finalization to be released states that counterfeit seed is threatening the seed sector. The gap in demand...
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CBE inaugurates east Africa’s tallest HQ
Commercial Bank of Ethiopia (CBE) inaugurates the nation’s tallest headquarter today in conjunction with celebrating its 80 year-diamond anniversary with the presence of the...
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ESLSE’s hesitance to offer indicative prices delays sugar bid
The Ethiopian Sugar Corporation’s (ESC) international tender to procure 200 thousand metric tons of sugar has faced extensions owing to the failure of offering...
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Ethiopia starts power purchase deal with Kenya
In the coming weeks frequent meetings are expected to be carried out between senior officials and experts from Ethiopia and Kenya electric authorities so...
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Newly amended regulation harmonizes with regional vehicle overload control
The recently amended ‘vehicle axle unit load limits regulation’ is stated to harmonize the country’s truck loading standard with the regional’s tripartite agreement, Vehicle...
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Water producers halt production
About 20 bottled water producers have stopped their production as a result of shortage and price hike of materials according to information Capital has...
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Safaricom to commence commercial operations in April
As per its agreements with the Ethiopian government, Safaricom- Ethiopia gears towards its commercial launch which will come to fruition, early April.
“Our license states...