Thursday, April 18, 2024
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Author Name

Ashenafi Endale

Total Articles by the Author

452 ARTICLE

‘Missing Middle’ missing after a decade

When Daniel Birhanu, 34, established a small enterprise that processes shoes, handbags, and other leather products in Lebu, his aspiration was to expand to...

Is the AU-led peace talk botched?

A negotiation between warring parties or mediators? The African Union's most explicit and unexpected call for a negotiated peace to end the war in northern...

New strategy earmarks eastern Ethiopia for green hydrogen investment corridor

Six countries await green light to invest in the sector A new taskforce pooled from the Ministry of Finance and the Ministry of Water and...

Railway demurrage suffocates exporters, importers

EDR decries cargo delays are costing operations Exporters, importers, and logistics companies are irked by the Ethio-Djibouti Railway's (EDR) exorbitant demurrage charges for small delays....

Central bank asks for bankers’ recommendations on open-up modalities

Local bankers to discuss foreign banks' entry The National Bank of Ethiopia (NBE) has dispatched a circular to bank managers and industry experts requesting...

Black market reels post-NBE crackdown

Black market margins slumped by 20% A week after the central bank announced a major crackdown on black market operators, the exchange rate in the...

Finance Minister’s remark over M-Pesa license confuses central bank

- His speech misled the stock market - M-Pesa yet to secure a license, despite assurance from the Ethiopian government Securing a mobile money license in...

EU’s draft resolution proposes arms embargo on Ethiopia

- It is rejected by Ethiopian government - Parliament urges UN deploys peacekeeping mission in Ethiopia  - Condemns IMFs, WBs structural adjustment plans The...

Bill sees major amendment for foreign banks entry

One-year grace period will be given to local banks In a bid to usher foreign banks entry into Ethiopia in line with the banking open-up...

UN extends mandate of Human Rights Commission on Ethiopia by one year

The UN Human Rights Council (UNHRC) extended the mandate of the International Commission of Human Rights Experts on Ethiopia (ICHREE) with a majority vote....

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