Business
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CBE’s profit before tax surges amid challenges, notably ‘system glitch’
The headquarters of Commercial Bank of Ethiopia (Photo: CBE) Addis Abeba – The state-owned Commercial Bank of Ethiopia (CBE) successfully reversed the…
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Internet services resume across Amhara region after near year-long shutdown
Bahir Dar, the capital of Amhara region (Photo: Bahir Dar City Communication) Addis Abeba – Data internet services have been restored in…
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Study finds median wage in Ethiopia at 3,000 birr; ILO pushes for minimum wage reform
A recent study by ILO indicates 48% of Ethiopian employees in foreign-owned apparel companies reportedly departed their positions due to…
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Ethiopia tops Sub-Saharan Africa in economic losses from internet shutdowns: new study
New research from the Center for Rights and Democracy (CARD) reveals that Ethiopia lost a staggering $1.59 billion due to…
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Ethiopia leads East Africa in Foreign Direct Investment
Addis Abeba, Ethiopia’s capital, is emerging as a major hub for foreign direct investment (FDI) projects in East Africa (Photo:…
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Rights groups challenge CBE’s ‘name and shame’ policy, describe it as a ‘violation of privacy law’
In an effort to recover the missing funds due to a “technical glitch,” the Commercial Bank of Ethiopia (CBE) resorted…
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Ethiopian coffee booms despite looming EU regulation
(Photo: Social Media) Addis Abeba – Ethiopia’s coffee industry is experiencing a robust year, with exports reaching a staggering $1.2 billion…
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Oromia Bank boasts success pioneering inclusive banking, addressing unemployment
Teferi Mekonnen, CEO, Oromia Bank (Photo: Oromia Bank) Addis Abeba – The Oromia Bank, one of the largest commercial banks…
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