Sunday, September 25, 2022
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    Author Name

    Ashenafi Endale

    Total Articles by the Author

    186 ARTICLE

    Behind Ethiopia’s decision to end banking protectionism

    Commercial banks are mystified by the government's move to end the long-standing state protectionism and liberalize the banking industry. Last week, the Council of Ministers...

    “If banking was opened up before, the economy could collapse”

    Sewagegn Chane is director of the Public Financial Institutions supervisory department at the Public Enterprise Holding and Administration (PEHA), which regulates state-owned enterprises. Sewagegn...

    Sending off a year of crisis, adjusting to the worst

    With September comes Ethiopia’s special season of all the months in the year. When the land is covered with blooming flowers, a clean sky...

    Turning AGOA ban into opportunity: Industrial Parks continue to defy odds

    When US President Joe Biden terminated Ethiopia from benefiting from the African Growth and Opportunity Act (AGOA) in January 2021, the Ethiopian government and...

    Ministry rejects financing of three new industrial parks

    Ahmed Shide, Minister of Finance, humbly rejected an industrial park development plan presented by the Industrial Parks Development Corporation (IPDC). Aysha, Asosa, and Bishoftu...

    Studies to establish Investment, Agricultural banks afoot

    Two working groups formed at i-Capital Institute are undertaking feasibility study to establish an investment and an agricultural development bank in Ethiopia. The agricultural...

    LAMC earmarks 176.3 billion birr for debt payment

    The Liability and Asset Management Company (LAMC) is allocating 176.3 billion birr to pay for debts in the 2022/23 fiscal year. Almost all of...

    Window for peace narrows amid renewed fighting

    A week into the third round of fighting in northern Ethiopia, the chances of a peaceful outcome are all but gone. The federal administration...

    Another war, another pain

    August 24, 2022 dawned with the same unexpected element as November 4, 2020. Both days heralded the breakout of war in northern Ethiopia, catching...

    Central bank considers putting Tigray bad loans off balance sheet

    Policy Bank’s NPL in Tigray reach 10 billion birr The National Bank of Ethiopia (NBE) is deliberating on taking bankers’ non-performing loans (NPL) in Tigray...

    Popular

    Report exposes myriads of malpractices in educational institutions

    Budget allocated by the Ministry of Education for public...

    Bill forces mobile money companies to pay a license fee

    Safaricom prepares to switch on Addis in early October The...

    KEFI slates 1 billion birr for resettlement at Tulu Kapi

    TDB and AFC to finance the USD 300 mln...

    News in Brief

    Ethiopia to takeover UNSC presidency in September Ethiopia will take over the presidency of the United Nation Security Council (UNSC) in the coming month of September.
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