News
Somali Region, DBE in negotiations over land restoration
Somali region is negotiating with Development Bank of Ethiopia (DBE) to restore the land that the bank seized for collateral from those who failed...
News
CBE, Green Agro link up to ease transactions
Commercial Bank of Ethiopia signed an agreement with Green Agro Solution PLC to work together on the financial transaction of ‘Lersha’ an application developed...
News
New COVID variant looms over Ethiopia
Ethiopia finds suspects of the new COVID variants after preliminary research by the Ministry of Health /MoH/.
Dereje Duguma, /MD/, State Minister of Health told...
News
PPPDS annuls wheat bid due to defaults
The Public Procurement and Property Disposal Service (PPPDS) annulled the two milling wheat procurement awards for the purchase of 600,000 metric tons on two...
News
Government re-imposes 5% tax on edible oil
As result of over invoice of edible oil, government has re-impose tax and tariffs on imported edible oil products which were removed for about...
News
Safeguarding against another pandemic wave
The Ministry of Health, the Ethiopian Institute of Public Health and the Addis Ababa City Health Bureau have jointly launched a six-month action plan...
News
Ethio-Telecom to invest in the financial sector
Mobile money within sight
The Council of Ministers amends the establishment of Ethio Telecom establishment regulation to boost the telecom giant’s operation besides its traditional...
News
NBE imposes more money transfer restrictions
The National Bank of Ethiopia (NBE), the financial sector regulator, imposes restriction on money transfer from account to account to only five individuals or...
