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News
Safaricom surpasses 15 million subscribers as it marks five years
1+ day, 22+ hour ago (132+ words) Capital Newspaper The milestone comes less than four years after we began commercial operations in October 2022, following an initial period focused on establishing the business, building our network, and putting in place our sales and distribution infrastructure. Since receiving our…...
U.S. DFC targets SME investment for Bishoftu International Airport
1+ week, 2+ hour ago (205+ words) During a high-level diplomatic visit, Assistant Secretary of State for African Affairs Frank Garcia met with Ethiopian Airlines Group CEO Mesfin Tasew to align American aerospace technology and investment with the country’s grand infrastructure goals. Central to the dialogue is…...
INVITATION FOR OPEN BID
2+ week, 10+ hour ago (147+ words) As the financial system expands and diversifies, consumers are increasingly faced with complex financial products and non-standardized pricing structures. While financial institutions provide disclosures, these are often difficult to compare across providers. As a result, consumers may make decisions without…...
Regional implementation failures turn new compensation proclamation into new bottleneck
2+ week, 22+ hour ago (426+ words) Capital Newspaper Regional implementation failures turn new compensation proclamation into new bottleneck Ethiopian Electric Power (EEP) has revealed that ongoing and planned energy projects are facing severe operational bottlenecks due to complex compensation disputes. According to the state-owned utility, systemic…...
From Pledges to Zero: Africa Must Finish the Polio Job
2+ week, 1+ day ago (644+ words) African leaders have never been short of promises. Every year, health ministers pledge to end preventable child deaths, strengthen primary healthcare and ensure that no child is left behind by vaccination programmes. Polio regularly features among those commitments. But Africa…...
Breaking the debt and currency cycle
3+ week, 2+ day ago (609+ words) Ray Dalio’s ‘How Countries Go Broke: The Big Cycle’ is not a book about one country, one government or one moment of bad policy. It is a warning about a recurring economic pattern: countries become vulnerable when debt rises faster…...
NBE prepares to end composite insurance licensing
3+ week, 2+ day ago (1010+ words) Ethiopia’s insurance industry is approaching what could become its most significant regulatory reform in decades. Under a draft proclamation expected to be enacted this year, insurance supervision would shift from the National Bank of Ethiopia (NBE) to an independent regulatory…...
NBE moves to establish central shari???ah advisory board
3+ week, 2+ day ago (328+ words) The National Bank of Ethiopia (NBE) has announced a pivotal step toward formalizing the country’s rapidly growing interest-free banking sector through the establishment of a central Shari’ah Advisory Board. According to Frezer Ayalew, Director of Banking Supervision at the National…...