Thursday, April 18, 2024

News

During a session today, the Council of Ministers approved a transitional justice policy crafted to investigate and litigate the weighing human right violations committed in Ethiopia's recent history. The policy aims to address "the overlapping and wide range of victims of human rights violations, conflicts, narratives, and abuses that have...

Editorial

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Video from Enat Bank Youtube Channel.

Business

Inflation overshadowing festivities

Easter and Eid al-Fitr, the two holidays marking the end of fasting seasons observed by the Christian and Muslim faithful respectively, are being observed...

Ministry green lights fuel transporters 42% profit margin adjustment

It will cost the gov't 300 million birr in additional budget a month Effective early May 2022, the Ministry of Transport and Logistics has agreed...

Condom prices quadruple as shortage recurs

Amhara region faces critical shortage of condom The price of condoms saw a four-fold increase since last month, costing as high as 40 birr a...
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GPS scarcity casts shadow on fuel subsidy for Public Transporters

The shortage of GPS devices that have fuel sensors is feared will be an obstacle for the price discrimination that is going to be...

Ethiopia to seek compensation as Telecom confab switches venue to Rwanda

Ethiopia will seek compensation from the International Telecommunications Union (ITU) for the cost it has incurred while preparing to host the eighth World Telecommunication...

IMF projects lowest growth rate for Ethiopia in over a decade

Ukraine war drops 2022 global economic outlook by almost 1% Included in this year’s International Monetary Fund (IMF) World Economic Outlook, Ethiopia’s economy is expected...
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NBE drafts bill to accommodate M-Pesa

Local Fintech’s worry over foreign competition The National Bank of Ethiopia (NBE) has drafted a bill that aims to allow foreign Fintech’s join the financial...

Corporation, regional government locks horn over salt mining license

The Minerals, Petroleum and Biofuel Corporation has requested for an extension of its salt mining license it operates in Afar regional state, despite an...

Authority to nullify credentials of graduates from unlicensed colleges

Their competence will be evaluated ediThe Ethiopian Education and Training Authority (ETA) revealed plans to evaluate competencies of graduates from unlicensed higher learning institutions, with...
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Ethiopian partners with Telebirr

Two state-owned giants, Ethio-telecom and Ethiopian Airlines, forged a deal this week that would enable customers use the Telebirr app to buy domestic flight...

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