The Nation’s first fully dedicated mortgage bank— GoH Betoch (housing) Bank—which is under formation currently seems to be gathering momentum. The Bank which is being promoted by a number of well-known personalities in the banking and construction sector, such as an ex-banking regulator and vice governor of the National Bank of Ethiopia (NBE), Getahun Nana, the organizing committee also features a prominent real estate personality—Gebreyesus Igata of Gift Real Estate Plc— and other former banks presidents like Fasika Kebede, Amerga Kassa and Araya Gebregziabher, has officially announced the beginning of share sales on Thursday in an event held at the Skylight Hotel.
Politics | Sep 21
The spokesperson of the Ministry of Foreign Affairs (MoFA) of Ethiopia, Nebiat Getachew said that the proposal tabled by Egypt regarding the Great Ethiopian Renaissance Dam (GERD), which Ethiopia is constructing over the Nile River, stands in stark contrast to Ethiopia’s national interest and puts country’s sovereignty under question. Ethiopia has been constructing the 6,000MW Dam over the Nile River since 2011.
El-Taxi Trading has become the latest company to enter the taxi hailing app business in which taxi owners’ associations are members along with the management of the company. It has been four months since the establishment of the company.
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: