Month: October 2022
- Africa
News Alert: Central Bank orders banks to freeze LC issuance for import of 38 products
Fikadu Digafe. Photo: FBC Addis Abeba: The National Bank of Ethiopia has informed banks to freeze issuance of Letters of Credit (LC) ti import 38 types of products as of Monday 17 October. The ban will last indefinitely. Accordingly, prohibited products include drinks (whiskey or beer and other alcoholic beverages), chewing gum, chocolate, water, cigarettes, artificial accessories and related materials,…
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News: Journalist Meaza Mohammed, author Asaye Derbe released on bail; court reverses bail for journalist Gobeze Sisay
Meaza Mohammed and Asaye Derbe , left and center, were released on bail yesterday. But federal court reversed the earlier decision granting bail to Gobeze Sisya, right. By Biruk Alemu @Birukalemu21 Addis Abeba: Journalist Meaz Mohammed and author and activist Asaye Derbe were released on Thursday 13 October on a bail of 10,000 ETB each. However, at a hearing held…
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News: Ethiopia puts Ireland on notice, threatens to cut ties for alleged “attack against its sovereignty, territorial integrity”
Demeke Mekonnen, Deputy PM and Minister of Foreign Affairs, Ethiopia. Photo: MFA Ethiopia/twitter By Addis Standard Staff Addis Ababa: Ethiopian Deputy PM and Foreign Affairs Minister Demeke Mekonnen wrote a letter to the Irish government threatening to cut diplomatic ties if the country does not refrain from undermining Ethiopia’s “sovereignty and territorial integrity.” The letter, which was first published via…
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News: Member of OLF central committee, author Moibon Bekele shot dead in Addis Abeba
The late Moibon Bekele. Picture: Social Media By Natnael Fite @NatieFit Addis Ababa – Moibon Bekele, a member of the central committee of the opposition Oromo Liberation Front (OLF) and an author, has been shot dead near his residence in Addis Abeba on the night of 12 October. Moibon was taken to Abet Hospital for life-saving treatment after being shot…
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Analysis: Eastern Oromia residents agonize from fresh mass detention, forced conscription; zonal officials deny multiple accounts
Picture showing youth posted by the Communications office of East Hararghe zone claimed, which described the picture as youth who voluntarily joined the “fifth round of military training to fight and liberate their country and to secure citizen’s right to safety and security.” By Addis Standard Staff Addis Ababa – Residents of East Hararghe and West Hararghe in eastern Oromia…
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News: A group of western countries issue new concern amid war in Tigray, call for withdrawal of Eritrean forces
Picture: Screenshot/DW local TV from Tigray Addis Abeba: A group of western countries issued a new statement of concern at “the escalation of the ongoing conflict and humanitarian crisis in northern Ethiopia.” Australia, Denmark, Germany, the Netherlands, the United Kingdom, and the United States, said they were “profoundly concerned” as war in the Tigray escalated in the shadow of communication…
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News: Electoral Board to hold Southern region referendum in February next year
Birtukan Mideksa. Photo: NEBE/September 2022 Archive Addis Abeba – Birtukan Mideksa, Chairwoman of the National Electoral Board of Ethiopia (NEBE), announced Monday that the Board was preparing to hold a referendum in six zones and five special districts in the Southern Nations, Nationalities and People’s (SNNP) regional state on 06 February 2023. Birtukan announced the schedule during a discussion the…
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Business: Ethiopia exports US$13 million worth electricity to Sudan, Djibouti in two months
One of EEP power distribution stations. Photo: EEP/Harar station Addis Abeba – The Ethiopian Electric Power (EEP) announced Monday that Ethiopia has earned more than US$13 million from exporting electricity to neighboring Sudan and Djibouti. According to Menilik Getahun, the head of sales and customer management office under the marketing and business development department of EEP, the amount generated was…
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