Economy
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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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#ASDailyScoop: Council of ministers ratifies 801.65 billion birr budget for 2016 Ethiopian fiscal year
Ethiopian Council of Ministers (Photo:PM Office Ethiopia/twitter) Addis Abeba – The Council of Ministers has unanimously passed a budget totaling…
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#ASDailyScoop: Gambella-Dembidollo road in Western Ethiopia operational after three years, army claims to secure peace
Members of the ENDF on the Gambella-Dembidollo road (Photo: Gambella Region Press Secretariat Office/Facebook) Addis Abeba – The Gambella to…
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Economic Commentary: Exchange rate reform– damn if you do, damn if you don’t
Ethiopia’s finance minister Ahmed Shide with former president of World Bank, David Malpass. Photo: ENA Addis Abeba – The political…
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