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Fuel subsidy program to go through Telebirr
240,000 vehicles are expected to use the subsidy privileges
Public transport service providers, which are being enrolled in the subsidy programs, need only to use...
Massive budget brings more deficit, burden to a troubled economy
When Ahmed Shidie became the Minister of Finance in 2018, soon after Prime Minister Abiy Ahmed (PhD) assumed power, Ethiopia was in the midst...
Ministry tightens grip on duty free privileges for people with disability
The Ministry of Finance amended a directive that provides duty-free privileges for vehicle imports to people with disability, tightening its grip on duty free...
Banks barred from providing forex services in Togochale, Moyale
Central bank discovers growing illegal forex transactions in the two towns
Commercial banks are no longer allowed to provide foreign currency and credit services at...
Banks pin hopes on National ID to stop fraudsters
Office finalizes roadmap for NBE to obligate banks through a directive
In light of fraud plaguing the banking industry, commercial banks and the National Bank...
City runs out of houses to rent, no solution in sight
Brokers did not have an easy ride with business slowing in recent times, due to a lack of available houses to rent out or...
Rights Commission calls for release of 16 journalists
The Ethiopian Human Rights Commission (EHRC) yesterday expressed concerns over the detention of over a dozen media personnel, describing the action as “unlawful” while...
Africa Insurance to pay 45.8m Br to Roads admin
A group of three arbitrators ruled in favor of the Ethiopian Roads Administration (ERA) in its dispute with African Insurance S.C, after ERA sued...
Mockery of justice
It has been four years since Tuli Bayisa began working as a lawyer. Graduating with an LLB in 2001, he had served in the...
Central Bank to green light ethio telecom’s micro credit permit request
The National Bank of Ethiopia (NBE) will green light ethio telecom’s request to offer a digital micro-credit and saving services via its Telebirr platform,...
