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Central bank orders banks to reopen Tigray branches
Bankers fear liquidity shortages may delay the process
The National Bank of Ethiopia (NBE) has ordered all commercial banks to resume banking services in areas...
Black Lion to construct private hospital to attain autonomy
Public pharmacy, lab slated to open in months
The largest referral hospital in Ethiopia, Black Lion, plans to build its own private hospital within the...
New study to guide port diversification efforts
Ethiopia plans to diversify link port alternatives with domestic economic corridors and global shipment routes based on a new technical study undertaken by the...
EEP awaits ENDF takeover to resume electricity in Mekelle
Teams are ready to repair damaged electric lines
Executives of Ethiopian Electric Power (EEP) say they are ready to begin resume services in Tigray as...
Nine insurance firms buy DBE bond, deadline looms
Only nine of Ethiopia’s 18 insurance businesses have paid 15 percent of the net income they reported in the previous fiscal year to purchase...
Leading the bank on which the sun never sets
Tsehay Shiferaw has worked in the banking industry for nearly a quarter-century, almost as long as Ethiopia's private banking industry has existed. He led...
New regulation comes to light to govern drone operation, imports
Officials at the Ethiopian Civil Aviation Authority (ECAA) finalized the drafting of a regulation that will govern the import, operation, and production of drones...
Livelihood of 270 workers in jeopardy, 40-year old factory at risk of closure
Nib Candy Factory at risk of closure due to input shortage
Managers of Nib Candy Factory are between a rock and a hard place as...
CBE’s latest foreclosure of giant factories see no bidders
- Only one bidder showed up for Ed-Stelar`s auction
- Foreclosure of Addis Cable for 878 mln bore no fruit
Bidders failed to show up during...
Ministry to conduct damage assessment of tourism sites in Tigray
Officials at the Ministry of Tourism are under preparation for the reconstruction of tourist destinations in the war-ravaged Tigray Region. They are waiting for...
