News

The Governor of the National Bank of Ethiopia, Mamo Mehretu, met with the Director General of the Central Bank of China, Jin Zhongxia, in Beijing, China.His Excellency Mr. Mamo Mehretu held a productive discussion with the Director General of the People’s Bank of China, Mr. Jin Zhongxia, on February 23, 2023, in Beijing on how …

His Excellency Mr. Mamo Mihretu has discussed with the Director General of the Central Bank of China. Read More »

The first half of the current fiscal year saw the registration of 189,698 vehicles on Telebirr. According to the announcement of the Ministry of Trade and Regional Integration (MoTRI), the vehicles were registered on the digital cash platform to access fuel subsidies after the Government began implementing fuel supply reform measures and the Ministry and …

Ethiopia: Telebirr Registers 189,698 Vehicles for Fuel Subsidies Read More »

Ethiopian Capital Market Authority (ECMA) announced that it was finalizing preparations to launch the Ethiopian Capital Market. The Authority has already issued 8 draft regulations and directives on the capital market for public consultation. It is also drafting other directives which will be enacted in the near future. @Ethiopianbusinessdaily

Ministry of Industry (MoI) called up on financial institutions to bridge the wide gap of financial glitches in the manufacturing industries to make them competent in the years to come. Speaking at discussion forum yesterday, MoI Minister Melaku Alebel said that the manufacturing sector is playing a crucial role in transforming economic and structural changes …

Ministry calls on financial institutions to support manufacturing industries. (e P A) Read More »

Addis Ababa February 16/2015 The Ministry of Trade and Regional Relations has taken action on 44 companies out of the 500 companies that were inspected for business license for six months during the fiscal year. The business organizations that have been taken action according to the proclamation, businesses that had a business license, businesses that …

Action has been taken on 44 companies that were working without their business license. Read More »

February 16/2015 M (IMI) Ministry of Industry has held a wide discussion with financial institutions to solve problems in the manufacturing industry. In the discussion, lack of clarity regarding foreign balance and loan supply and issuance, coordination problems between financial institutions and manufacturing industries, absence of an independent body to check whether borrowers are eligible …

The Ethiopian miracle national movement was started to create comfortable conditions for the manufacturing industry. Read More »

In today’s discussion, implementation of institutional and strategic issues, regular tasks, implementation of multi-sector issues and the problems encountered during the six months of work have been discussed. The discussion was held in the presence of Ethiopian Men’s Administration General Director Engineer Mohammed Abudurahman and vice general directors, directors and team leaders. Out of the …

Ethiopian Roads Administration has held a discussion focused on the past six months of work and future works. Read More »

China’s free-tariff treatment is expected to expand Ethiopia’s trade volume, maximize profit and increase product competitiveness in the global market, an economist said. Approached by The Ethiopian Herald, Haramaya University Economics Lecturer Molla Alemayehu (PhD) said that the offer of zero-tariff treatment brings various advantages to Ethiopia’s economy. For companies, it minimizes cost, maximizes profit, enhances products’ …

China’s Zero-tariff to Ethiopia opens door for trade expansion Read More »