More than 16.3 billion Birr in unreconciled outstanding accounts has been uncovered across 138 federal…
Category: Business and Economy
CBE and EIC Forge Historic Partnership to Advance Ethiopia’s Financial Sector
The Commercial Bank of Ethiopia (CBE) and the Ethiopian Insurance Corporation (EIC) have signed a historic…
NBE Forex Auction: Commercial Banks Demand Over $236M Against $100M Supply
Commercial banks requested over $236 million during a special foreign exchange auction today, vastly outstripping the…
$10M Contract Signed to Build Massive 63-Million Egg Poultry Hatchery in Ethiopia
Ethiopia’s Ministry of Agriculture has officially signed a landmark $10.15 million contract to construct a massive,…
WHEN AFRICA HOSTS THE WORLD: ETHIOPIA’S COP32 AND THE PARTNERSHIP SHAPING IT
By Abel Takele When Ethiopia secured the unanimous endorsement of the African Group of Negotiators to…
Ethiopia Eyes 78.9 Billion Birr in New Revenue by Scraping Tax Holidays
The Ethiopian government plans to generate 78.9 billion Birr in additional domestic revenue for the upcoming…
Addis Ababa Mandates Digital Registration to Cap Unregulated Rent Hikes
The Addis Ababa City Housing Development and Administration Bureau has announced that landlords can no longer…
Court Grants 7-Day Extension in ‘Viva Soft’ Trademark Infringement Case
The Federal First Instance Court, Arada Division 1st Crime Bench, has granted police an additional seven…
Addis Ababa Unveils New Vehicle License Plate Tariffs with Major Discounts for Electric Vehicles
The Addis Ababa City Administration has officially announced a revised pricing tariff for new vehicle license…
MEXC Unexpectedly Removes Ethiopian Birr (ETB) from P2P Platform Ahead of Schedule
The global cryptocurrency exchange MEXC has officially removed the Ethiopian Birr (ETB) from its Peer-to-Peer (P2P)…