The more than 400 billion birr loans the Commercial Bank of Ethiopia (CBE) extended to state enterprises and the government in the past years has posed a threat to the biggest bank in Ethiopia.
Ethiopian Airlines has reported a stout performance during the 2018-2019 fiscal year which the management described it as the most challenging year.
On December 2014, a newly found trading company called Ziway Share company shocked Ethiopia with a whopping offer 350,000 birr (USD 12,000 at current exchange rate) for one square meter of land in the heart of Merkato, the busiest commercial district in Ethiopia.
After nearly seven years of discontinued negotiations, Ethiopia has initiated the accession process to join the World Trade Organization (WTO) afresh and new round of working party talks will resume in October, The Reporter has learnt.
A year after the government distanced the scandal-hit Metal and Engineering Corporation (MetEC) from the delayed construction of Yayu Fertilizer, three overseas companies have shown interest to resume the construction of the factory and commence with the production of fertilizer on a Joint Venture (JV) scheme.
Interview | Aug 17
Gabriella Sirak works with Meri Leadership and Mentorship and she is helping empower the next generation of leaders within the capital. Here, she reflects with Samuel Getachew of The Reporter on the initiative, on mentorship, partnership and the long-term vision of the program that has attracted much attention in recent months from powerful actors from different sectors. Excerpts:
Interview | Aug 03
Noel Daniel is the Co-founder and Managing Partner of Kudu Ventures, the first Ethiopian Venture Capital Firm in the nation. Noel is on a drive to motivate and invest in young entrepreneurs. The Ethiopian – American / German entrepreneur spoke to The Reporters Samuel Getachew on his venture capital, on the recent investment he made through iCog, known for its work on Artificial Intelligence and reflects on how Ethiopia can begin to attract Venture Capital investments. Excerpts:
Interview | Jul 20
Tiemert Shimelis is one of the founders of an Ethiopian movement - #MeTooEthiopia - geared towards fighting gender-based violence among Ethiopians.