But Ms Powell said the new laws going through Parliament would take “major strides” towards improving people’s lives. Changes set to be introduced to Parliament in the new year include a Planning and …
ZamZam Bank announced a pre-tax profit of Birr 148 million for the 2023/24 fiscal year. The bank’s total income for the year exceeded Birr 850 million.
The Monetary Policy Committee (MPC) of the National Bank of Ethiopia held its inaugural meeting on December 31, 2024. In line with its roles and responsibilities set out in the NBE Establishment …
Leader of the House of Commons, Lucy Powell, conceded the state of the economy was "disappointing" as she insisted "we are starting to turn this oil tanker around". But, in an alarming admission, Ms …
At least 71 people have died in southern Ethiopia after an overloaded lorry plunged into a river in Sidama state. The tragic accident involving wedding party guests.
The Lynchburg Lions Club has concluded its annual candy sale that began on November 19. The club wishes to thank all those who supported the sale. A special thanks goes to the Highland County …
The Lynchburg Lions Club has concluded its annual candy sale that began on Nov. 19.
With images of doves and the birth of Christ, Christmas is a time of peace, and in Bolivar, peace is getting a front row viewing this holiday season …
The Lions Eye Bank also functions as a public education center for eyesight, eye disease, and eye donation. For more information on Lions Clubs International, please visit their website. The Lions Eye …
After years of anticipation, lawmakers have approved the long-awaited banking business proclamation, paving the way for foreign banks to enter Ethiopia’s financial sector.
The funding is expected to help restore more than 320,000 hectares of wild Arabica coffee forests, farmlands, and rangelands in the Amhara, Oromia, South Ethiopia, and Somali regions and create an …
When Brook Taye became chief executive of Ethiopian Investment Holdings (EIH) in August, he was taking on one of the biggest jobs in Ethiopia: reforming the country’s state-owned enterprises (SOEs).
Customers who need money for their business also can obtain money from share seller companies … telecom, Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the Ethiopian Insurance …
Ethiopian government is eyeing $700 million in a concessional loan from the World Bank to finance the financial sector reforms, including the recapitalisation of the state-owned Commercial Bank of …
Ethiopia’s development model is showing signs of strain as weak institutions and human capital constraints hold back economic transformation, threatening its …
Approximately 45% of Ethiopia’s coffee, the country’s main export, originates from natural forests. Credit: Noiz Stocker/Shutterstock. The board of the Climate Investment Funds (CIF) is …
The firms include Ethiopian Electric Power, Ethiopian Railway Corp. and the Development Bank of Ethiopia, which serves as a policy bank. The companies oversee mega infrastructure projects such as …
While it’s been a holiday season in many parts of the world, it’s been a busy week for Safaricom Ethiopia – at least in terms of significant announcements involving M-Pesa services and coverage growth …
Ethiopia ‘s Tigray region, with its rugged landscapes and ancient cultures, holds a secret: the honey routes. These trails lead to some of the world’s finest and most elusive honey. This article …
