The National Bank of Ethiopia (NBE) announced the launching of the nation’s first Automated Interbank Foreign Exchange Trading Platform. The announcement on Wednesday follows the first operation of ...
The National Bank of Ethiopia (NBE) has directed all banks to apply customs commission prices for selected imported items as indicative prices when issuing Letters of Credit (LCs). The Bank announced ...
The Ethiopian Securities Exchange (ESX) has launched its first web and mobile trading platforms called “Neway,” with the goal of making investing in the capital markets convenient and accessible to ...
Enat Bank Share Company has received an official approval for registration of nearly 6.8 million existing shares with the Ethiopian Capital Market Authority (ECMA). The nation’s capital market ...
ADDIS ABABA – Ethiopia’s headline inflation climbed above 15% in July, data from Ethiopian Statistical Service (ESS) showed, as rising fuel prices contributed to pain for consumers. The Consumer Price ...
ADDIS ABABA – The Commercial Bank of Ethiopia (CBE) and Ethio Telecom joined forces to unleash a range of digital micro financial services targeting citizens underserved by the banking sector. The two ...
ADDIS ABABA – The African Union (AU) on Thursday “strongly condemned” attacks claimed by Yemen’s Houthi against commercial oil tankers in the Red Sea. following the Group’s announcement of a naval ...
The Council of ministers advanced a bill ratifying the treaty for Ethiopia to join the New Development Bank (NDB), a multilateral financial institution established by the founding members of the BRICS ...
Ethiopian Airlines Group, Africa’s leading carrier, confirmed on Tuesday the purchase of nine Boeing 787-9 aircraft, with deliveries planned between 2031 and 2033. The addition of the aircraft aims at ...
The Cutoff Points for students entering high education institutions under a remedial program have been announced on Monday. The one-time-only program was introduced after a majority of grade 12 ...
More than 70,500 students who took the grade 12 national university entrance exams this year scored the passing mark, according to the Ministry of Education. Education minister Birhanu Nega (Prof) ...
ADDIS ABABA – Ethiopia’s first personal data protection bill has received the Council of Ministers’ approval for parliamentary ratification. The bill was among the three draft proclamations tabled for ...
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