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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,...

National Bank of Ethiopia introduces cash withdrawal limits

National Bank of Ethiopia sees cash withdrawal limits as a useful tool to control illegal circulation of money borkenaMay 14, 2020  The National Bank of Ethiopia...

Enat Bank announced interest fees waive in consideration of Coronavirus situation

borkenaBusiness NewsMay 14, 2020 Enat Bank, one of the private banks in Ethiopia, announced on Thursday interest payment waive after considering the economic impacts of...

Commercial Bank of Ethiopia introduces three months debt relief

borkena April 16, 2020  Commercial Bank of Ethiopia is giving three months debt relief  for its clients who are paying a townhouse mortgage, and who are...

Ethiopian Airlines CEO says $550 mln loss in revenue,no permanent employee laid off

Ethiopian Airlines CEO says no permanent employee is laid off despite loss of $550 million in revenue due to Coronavirus pandemic borkenaApril 7, 2020...

Ethiopia privatizing six sugar factories by the end of next month

Metehara Sugar Factory. Photo credit : Ethiopian Reporter borkena February 21, 2020 Ethiopia's Ministry of Finance disclosed on Friday that it is working on...

TAF Oil to supply aviation fuel to Ethiopian Airlines

borkenaJanuary 28, 2020 TAF oil inaugurated on Tuesday a 450 birr worth of oil depot in the capital Addis Ababa.   The installation is located within...

Ethiopian Commodity Exchange (ECX) traded 5.12 billion birr worth commodities in December

borkenaBy Tesfa-Alem TekleJanuary 10, 2020 (ADDIS ABABA) – The Ethiopian Commodity Exchange (ECX) on Friday disclosed that it has traded a total of 101,...

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