Brutawit Dawit, a veteran banker with extensive experience in the financial sector, has been appointed to lead Ethiopia's one of the first investment banks, Wegagen Capital Investment Bank S.C. (WCIB), which received its official license last wee...
Mar 23 , 2025
The opening of the logistics sector to multimodal operations has come with tight restrictions, reserving key strategic commodities and trade routes exclusively for the state-owned giant, the Ethiopian...
Mar 23 , 2025
While most commercial banks slightly adjusted their exchange rates upward last week, the state-owned Commercial Bank of Ethiopia (CBE) has kept its buying rate fixed at 124 Birr for a dollar for nearl...
Mar 23 , 2025
ZamZam Bank demonstrated measured growth and cautious risk management, placing it in a strong position within the niche Sharia-compliant market it pioneered as a fully-fledged interest-free financial...
Mar 16 , 2025
The Institute of Ethiopian Standards has introduced revised fees and new product marking systems tar...
Mar 23 , 2025
Prime Minister Abiy Ahmed (PhD) appeared before Parliament last week to deliver a narrative filled w...
Mar 23 , 2025
The hum of machines has grown quiet in the busy processing plants on the outskirts of Addis Abeba. F...
Mar 23 , 2025
Five neatly arranged children's beds lie in a small, dimly lit room inside Tikur Anbesa Teaching Hospital, on Yared St. Each was occupied by young patients undergoing long-term recovery following complex surgeries. The space buzzes quietly with gentl...
Mar 23 , 2025
Getachew Redda, head of the Tigray Interim Regional Administration (TIRA), at least up until last week, is no ordinary politician. Witty, articulate, and boldly confrontational, he seldom hesitates to criticise his political rivals within the Tigr...
Mar 23 , 2025
Charged with transforming colossal state-owned enterprises into modern and competitive powerhouses, the sovereign wealth manager, Ethiopian Investment Holdings (EIH), is at a defining moment. At the helm is Brook Taye (PhD), its third CEO since its founding in 2020, whose vision departs from convent...
Dec 22 , 2024
The wage gap between men and women in Ethiopia. An average Ethiopian man earns one Birr for every 75 cents an Ethiopian woman makes.
Mar 23 , 2025
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...
Oct 3 , 2020
Desalegn Chanie (PhD), an opposition lawmaker representing NaMA, offered a pointed critique of the Prosperity Party (PP) during a lengthy query directed at Prime Minister Abiy Ahmed (PhD). In a session last week when Parliament reconvened after its recess, Desalegn expressed his misgivings about the lack of accountability for gross human rights violations, war crimes, and crimes against humanity committed over the past 10 years.
When I received my newly prescribed reading glasses, I was intrigued by their dual function. The lenses were segmented: the upper half for reading, while the lower half p...
Mar 23 , 2025
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