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Ethiopian Toll Roads Enterprise generated 193 mln birr in six months

borkenaJanuary 14, 2021  Ethiopian Toll Roads Enterprise said on Thursday that it has collected over 193 million birr in six months. It has also generated...

Tigray gets extended time to change old banknotes

borkenaDecember 30, 2020  Tigray region of Ethiopia is getting fourteen days of extension to change old banknotes, the National Bank of Ethiopia on Wednesday announced...

Ethiopia cancels privatization of Ethiopian Shipping & Logistics Services Enterprise

borkenaOctober 11, 2020  Ethiopia reportedly canceled planned partial privatization of Ethiopian Shipping & Logistics Services Enterprise.  The Ethiopian Reporter cited the Minister for Transport Dagmawit Moges...

14 billion birr back to the banking system since banknote changes

67 billion birr of new banknotes distributed to banks across the country, says National Bank of Ethiopia governor borkenaOctober 3, 2020 On September 13, 2020,...

Ethiopia introduces cash stash limit to individuals, businesses

borkenaAugust 18, 2020 Ethiopia introduced a limit to the amount of cash that individuals or companies can put aside outside of banks or financial institutions. According...

Cooperative Bank of Oromia declares over 1.9 billion birr profit

Cooperative Bank of Oromia is worth over 52 billion birr borkenaJuly 27, 2020 The Cooperative Bank of Oromia declared that it has secured over 1.9 billion...

Safaricom, Helios Tower bidding to acquire share in Ethio Telecom

borkenaJune 17, 2020 Barely a month after the Ethiopian government invited interested applicants for two licenses in the telecom sector in-country, Safaricom and Helio Towers...

Ethiopia generated US 329.3 million from export in April

borkenaJune 9, 2020 Ethiopia's Ministry of Trade and Industry says that Ethiopia generated $329.3 million from the export trade in the month of April,...

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