Economy
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News: PM Abiy Ahmed pledges thorough audit of non-government-funded mega projects amid transparency concerns
During a parliamentary session held today, July 6, 2023, Prime Minister Abiy Ahmed (PhD), expressed his willingness to put mega…
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News: Ethiopia to enact law normalizing informal cross-border trade along Djibouti, South Sudan borders
There is a notable absence of a comprehensive understanding regarding informal cross-border trade in Africa (Photo: UNDP) Addis Abeba – The Ethiopian…
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#ASDailyScoop: Auditor General uncovers 15 billion birr in unclaimed revenues
Meseret Damtie (middle), the Head of OFAG, along with her deputies, is responsible for overseeing the government’s utilization of its…
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News: New bill to modernize fruit, vegetable production
Despite its potential, Ethiopia only exports a limited variety of fruits and vegetables (Photo: nsf.org) Addis Abeba – The Ministry…
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News Analysis: Skyrocketing land prices soar to unprecedented heights, leaving homebuyers, investors astounded
As Addis Abeba experiences fast urbanization and economic expansion, demand for land has surged, driving up land prices to unprecedented…
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#ASDailyScoop: NBE edges toward issuing banking licenses to foreign investors, cautions local banks
Solomon Desta, Deputy Governor of the NBE (Photo: ENA) Addis Abeba – The National Bank of Ethiopia (NBE) said that it…
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News: Ethiopia takes step to secure crucial foreign currency from IMF, World Bank
Eyob Tekalign (PhD), state minister for Finance, led the consultation with 27 donor organizations under the DAG banner (Photo: Ministry…
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News: Ethiopia indicates insurance industry’s probable opening for foreign firms
National Bank of Ethiopia headquarters (Photo:FBC) Addis Abeba – Following years of speculation, the National Bank of Ethiopia (NBE) announced…
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News Analysis: Budget deficit warning lights drowning out deeper economic issues
Finance Minister Ahmed Shide presenting budget proposal to members of parliament (Photo: HoPR/Facebook) By Samson Hailu Addis Abeba – The…
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News: Ethiopia appoints air force commander as ET Group board chairman replacing Girma Wake
Lieutenant General Yilma Merdassa, commander of the Ethiopian Airforce (Photo:Social Media) Addis Abeba – Ethiopian Airlines Group has confirmed the…
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