Monday, April 29, 2024
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News

$1.43 bln debt paid in the first 9 months of the fiscal year

Over $362 mln is interest, commission A total of close to USD 1.43 billion debt has been recorded as service for external creditors in...

Ethio telecom launches its 4G LTE service in its South West Region

Ethio telecom which is aggressively upgrading its service and with its continues expansion of 4G LTE advanced network, has launched its LTE advanced service...

Global partnership for Ethiopia signs the historical telecom licensing agreement

Global partnership for Ethiopia signs the historical telecom licensing agreement with the government of Ethiopia on Tuesday June 8, 2021 to start its operation...

NBE board approves primary market directive

Securities exchange to begin in 2022 On its meeting on Thursday June 10, the Board of Directors of National Bank of Ethiopia (NBE) issued...

T-Bills register highs in quick succession

The fund collected through the Treasury bills (T bills) market, one of the primary money market instruments, registered the second highest ever amount within...

MoA drafts plan for bank formation

Aimed to support small and medium farmers’, the Ministry of Agriculture (MoA) submits its final draft plan to the micro economy team for the...

Private banks surpass public banks in capital

Construction and housing sector becomes top beneficiary The public financial enterprises leave their dominance for the first time to the private banks in terms of...

Defense Forces narrows operation in Tigray

The law enforcement of operation of the National Defense force carried out in Tigray has concentrated its focus in two areas. The global claim...