Wednesday, May 15, 2024
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News

NBE continues monetary policy changes

National Bank of Ethiopia (NBE) is continuing its monetary policy changes and this time around it has exempted the 30 percent of foreign currency...

Gov’t stringency leads to external debt contraction in succession

Outflow negates total disbursements By Muluken Yewondwossen The state owned enterprises (SOEs) external debt contracts for the second consecutive year following the government firmness on non-concessional...

Coffee gurus receive recognition

Ethiopia recognizes winners of Cup of Excellence (CoE) Ethiopia 2021. This year's competition, which is the second, has blazed to register different records in...

Ethiopia’s WTO accession plan faces delay

Ethiopia’s World Trade Organization (WTO) accession plan will take more time from the original target that was projected to end this year, Capital has...

Finance halts new condo projects

As result of financial problems, Addis Ababa Housing Development and Administration Bureau (AAHDAB) will not have any new projects of condominium housing units both...

Solving Addis’ escalating costs

Deputy Mayor Adanech Abeibe and Addis Ababa Trade Bureau Director Abdulfeta Yesuf were engaged in consultative discussions with the business community on the reasons...

Gov’t decides to consider convertibility guarantee for PPP

In a major policy shift the government now decides to provide a convertibility guarantee for public private partnership (PPP) projects. The decision that is taken...

FAG forges alliances to recover illegal assets

The Federal Attorney General (FAG) announces that it is working with different countries for mutual legal assistance (MLA) to repatriate illicit asset of the...