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...
News
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...
News
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...
News
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...
News
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...
News
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...
News
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...
News
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...