Tuesday, February 27, 2024

News

A new report from the Ethiopian Human Rights Commission (EHRC) reveals extrajudicial killings and civilian deaths in Oromia have grown increasingly alarming. The report covering two years beginning September 2021 was compiled following interviews with the families of over 158 victims, witnesses, medical professionals, elders, and government officials. It implicates government...

Editorial

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Video from Enat Bank Youtube Channel.

Business

Customs revenue losses under AfCFTA insignificant: study

Fears of customs revenue losses after the operationalization of the African Continental Free Trade Area (AfCFTA) are unwarranted, according to an assessment conducted by...

Afar Mining Corp hits back at Industry Ministry’s salt monopoly allegations

“We are not operating” - Corporation head The country’s industrial salt debacle takes another turn as the executives of the Afar Mining Development Corporation and...

Ethiopia eyes tapping South African electricity market in five years

Power purchase agreement with Tanzania near completion The executives of Ethiopian Electric Power have disclosed ambitious plans to connect eastern and southern African power...
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Africa will face USD3.3 trillion finance deficit in next decade: AU development arm

Africa must step up its resource mobilization efforts if the continent is to bridge a USD 3.3 trillion financing deficit over the coming decade,...

Veteran politician blasts lack of political advancement for worsening economic, political crises

Merera Gudina (PhD), a seasoned opposition figure and the head of the Oromo Federalist Congress (OFC) party, asserts Ethiopia finds itself mired in a...

Surplus from accounting transition cannot be dividends: new directive

A new directive from officials overseeing accounting and auditing activities in the country instructs businesses to keep separate accounts for surpluses or deficits resulting...
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ESX equity proves lucrative as authorities prepare for late 2024 launch

Siinqee Bank latest to buy shares. Authorities working to establish the country’s maiden stock exchange inch closer to raising one billion birr in initial capital as...

Labor Minister blames banks for withholding SME credit, seeks help from Parliament

Ethiopian domestic workers in Saudi outnumber Filipino counterparts. Officials at the Ministry of Labor and Skills have accused commercial banks of failing to provide adequate levels...

Media Council, Commission team up as national dialogue draws near

Heads of the Ethiopian Media Council and the Ethiopian National Dialogue Commission have reached a consensus to collaborate on mobilizing media platforms to contribute...
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“Heartbreaking”: Parliamentarians sound alarm over deteriorating conditions in Tigray

Drought and disease wreaking havoc on wartorn region, millions at risk Members of Parliament’s Foreign Relations and Peace Affairs committee have urged the federal government,...

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