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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...
Business
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...
Business
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...
Business
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,...
Business
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...
Business
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...
Business
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...
Business
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,...