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Inflation: chopping off Ethiopia’s middle class?
Girma Bezabih is a property broker who uncovers and sales mainly houses almost across all sub-cities in the capital. He is familiar with most available patches of land in the capital after working in the business for twelve years now.
The lingering woes of foreign currency
Ethiopia is going through a rough patch of political, economic and social realities. The COVID-19 pandemic, locust invasion and the war in the North are just a few of the natural and manmade challenges the country has had to endure.
Local coal supply drops as conflict disrupts production
Local coal supply sharply dropped since May 2020 following waves of conflict that continue to break out in Kamashi, a major coal mining belt in Benishangul Gumuz regional state.
War leaves two thirds of sesame farm uncultivated
Over 500,000 hectares of sesame farm, which is 70 percent of Ethiopia's annual cultivation for the cash crop, skipped a season without being cultivated due to the ongoing war in northern Ethiopia.
EthSwitch woos tele birr into digital interoperability
Upon launching the newly built platform that interfaces interoperability of wallet, mobile, and internet banking, EthSwitch told The Reporter that negotiation is underway to bring tele birr on board.
The high stakes of Ethiopia’s possible delisting from AGOA
Us led international pressure against the government of Ethiopia has been the hallmark of the past year. Travel bans against government officials have already been put in place during this time. The US is also weighing up its options to impose further sanctions on Ethiopian individuals and organizations that have contributed to the longevity of the war in the North.
Finance minister reveals USD 20 billion required for war recovery
Portion of the finance needed for rehabilitation of 250,000...
Tigray leaders prepare to negotiate power sharing with federal gov’t
Leaders of the Tigray regional state are ramping up...
“Massive” cyber attack crashes African Union’s system
Cyber attackers prey on the African Union, resulting in...
Khat exporters in trouble, $ 21 million export earnings lost
32 exporters accused of mishandling $21 million The licenses of...