Business
Profit margin at gas stations quadruples, but dealers demand...
The profit margin of gas stations, which is determined by the government, quadruples. It is a measure that coincided...
Third fuel price adjustment in nine months goes into...
Authorities raised fuel prices by about 10 percent, the third adjustment in less than nine months, as the government...
Inflation emptying pockets, no end in sight
The festivities look to be bright and colorful in Merkato, which is Ethiopia's largest outdoor market. The storefronts and...
Homegrown II takes aim at exchange rate liberalization
Reconstruction, homegrown plans in the pipeline
The second Homegrown Economic Reform (HGER 2.0) aims to liberalize the retail market and...
Cash shortage forces Tigray banks to limit withdrawals
Reopened branches of banks in Tigray introduce a withdrawal limit as they experience a cash shortage.
Although the amount of...
Gov’t contemplates establishing recruitment agencies for seafarers’ employment
The establishment of seafarers' recruitment agencies is currently in the works, many years after the government first started seafarers'...
Cash-strapped Anbessa bus fails to uphold Cassation Bench decision
Slightly avoids major strike
The state transport giant, Anbessa City Bus Service Enterprises, has entered a renewed round of negotiation...
Export euphoria ends, earnings fall
The government misses target
The past two years' overjoy in the export sector has come to an end, with revenues...
Commission payment over undelivered service infuriates Bunna’s clients
The case made its way to the central bank
A disagreement between Bunna Bank and five truck importers reached the...
Commercial Nominees to amend contracts for outsource workers
It has been blasted for charging hefty commissions to outsourced workers
Commercial Nominees (CN) is preparing to amend the contracts...