News
Ministry of Finance expresses commitment to swift agreement with bondholders, emphasizes transparency and fair treatment
On its Global Investor Call the Ministry of Finance (MoF) expressed its strong desire to reach an agreement swiftly with Ethiopia's bondholders and restore...
Feature
EIH airs concern over proposed public procurement
By Muluken Yewondwossen
The Ethiopian Investment Holdings (EIH) voices out bottleneck concerns over the highly anticipated proposed public procurement proclamation that has been submitted to...
Feature
3rd Djibouti International Trade Fair hosted after 3 year hiatus
By our staff reporter
Graced by the president of Djibouti, the Djibouti Chamber of Commerce hosts the opening of the Third Edition of the Djibouti...
Feature
CBE sharply cuts loan offering to public firms by 94%
By Muluken Yewondwossen
The financial heavy weight bank, Commercial Bank of Ethiopia (CBE), drops disbursing new loans to public firms by 94 percent. Savings also...
News
Ethiopian Airlines (ET) announced a 55% increase in profits compared with the same time the previous year
In the first quarter of the budget year, Ethiopian Airlines (ET), the continent's largest airline, announced a 55% increase in profits compared with the...
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Zemen Bank reports stellar financial results with 43% EPS
Selects Winner for Second Building in Expansion Project of Headquarters
By our staff reporter
Zemen Bank has reported impressive financial results for the 2022/23 fiscal year,...
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Logisticians ecstatic over new delivery capped fees
By Muluken Yewondwossen
Logistics operators in Ethiopia and Djibouti applaud the initiative currently being implemented by the Djibouti Ports and Free Zones Authority (DPFZA) in...
Feature
Berhan bank shareholders left fuming over low dividend yield
By our staff reporter
Shareholders of Berhan Bank expressed their dissatisfaction with the low dividend yield for the recently concluded financial year. At the bank's...
