The week of December 10 - December 17, 2019
Macroeconomic News
- IMF Meets Wednesday on $3b for Ethiopia.
- IMF To Provide Seven-Fold Finance To Ethiopia.
- Reformist Ethiopia Premier Poised for $5 Billion Assistance.
- የዓለምባንክእናአይኤምኤፍለሀገርበቀልየኢኮኖሚማሻሻያውከሚያስፈልገውገንዘብውስጥ60 በመቶውንለመሸፈንተስማሙ(World Bank & IMF agreed to cover 60 percent of the Home-Grown Economic Reform funding requirements).
- UPDATE 1-IMF deal lifts Ethiopia bonds as currency slides to record low.
- Ethiopia secures $3 billion in debts from the World Bank.
- Birr depreciation brings mixed feelings to businesses.
- Finance focus shifts to private sector.
- Ethiopia Collects $3.5 Billion Tax In Five Months.
- Ethiopia Earns $916 Million From Export.
- Ethiopia: Yes, Ethiopia ‘The Fastest Growing Economy Globally’ – but It’s All in the Details.
Sector News—Industry, Agriculture, Services
- Locally-Made Water Purifier Breaks into Market.
- Tendaho stops making sugar.
- Adama sprouts local cooking oil factory.
- Port takes step to solve problems fast.
- Indian, Ethiopian tech investors team up.
- Half Drunk.
- ECX Traded Over 2.8bln Br worth of Commodities in Nov.
- ECX Starts Trading Niger Seed.
- Boosting farm productivity is the key to unlocking the full economic value of Ethiopia’s agricultural sector.
- Desert locust consumed 1.3 million metric tons of vegetation in Amhara, Tigray regions of Ethiopia.
- Enterprise Set to Import Palm, Sunflower Oil.
- ESLSE Signs Shipment Accord with DHL, Diamond Shipping.
- Foreign Companies Involvement in Importing Food Items Targets Market Ties, Competitiveness: Economist.
- USAID, Awash Bank To Help Small Agribusinesses In Ethiopia.
- Ethiopia, China launch modern edible mushroom project.
- Ethiopia Lifts Import Taxes on 624 Agricultural Machines.
- Business License Registration Goes Online.
- Fed agencies to implement ten year plan.
- WB Approves $150m To Support Ethiopian Public Health Institute.
- German Bank Invests 300 Million Euro In Ethiopia.
- Helios Towers eyes Ethiopia, sees need for 2,000 more towers over next 5 years.
- የውጭባለሀብቶችበታክስናበጉምሩክጉዳዮችላይያነሷቸውጥያቄዎች(Tax and Customs issues raised by foreign investors).
Financial News
- Despite dip in forex gain, united registers highest EPS.
- Nib Insurance’s Profit Leaps by 170pc.
- Oromia Insurance rise continues.
- ብርሃንባንክ580 ሚሊየንብርትርፍማግኘቱንአስታወቀ(Berhan Bank S.C. earns more than 580mn Birr profit).
- Berhan Insurance Of Ethiopia Profit Increases 24%.
- Debub Global Bank Of Ethiopia Profit Doubles.
- በምሥረታላይያለውአማራባንክ62 ቢሊዮንብርየተከፈለካፒታልአስመዘገበ(The under-formation Amhara Bank S.C. registered over 1.62bn Birr paid-up capital).
- ዓባይባንክከታክስበፊት683 ሚሊዮንብርአተረፈ(Abay Bank S.C. generated over 683mn Birr gross profit).
- አቢሲኒያባንክየብድርወለድምጣኔውንእንደሚቀንስአስታወቀ(Abyssinia Bank to lower its lending rate).
Policy and Regulatory News
Archive
- THE WEEK OF NOVEMBER 3 – DECEMBER 10, 2019
- THE WEEK OF NOVEMBER 26 – DECEMBER 3, 2019
- THE WEEK OF NOVEMBER 19 – NOVEMBER 26, 2019
- THE WEEK OF NOVEMBER 12 – NOVEMBER 19, 2019
- THE WEEK OF NOVEMBER 5 – NOVEMBER 12, 2019
- THE WEEK OF OCTOBER 29 – NOVEMBER 5, 2019
- THE WEEK OF OCTOBER 22 – OCTOBER 29, 2019
- THE WEEK OF OCTOBER 15 – OCTOBER 22, 2019
- THE WEEK OF OCTOBER 8 – OCTOBER 15, 2019
- THE WEEK OF OCTOBER 1 – OCTOBER 8, 2019
- THE WEEK OF SEPTEMBER 24 – OCTOBER 1, 2019
- THE WEEK OF SEPTEMBER 17 – SEPTEMBER 24, 2019
- THE WEEK OF SEPTEMBER 10 – SEPTEMBER 17, 2019
- THE WEEK OF SEPTEMBER 3 – SEPTEMBER 10, 2019
- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
- THE WEEK OF AUGUST 20 – AUGUST 27, 2019
- THE WEEK OF AUGUST 13 – AUGUST 20, 2019
- THE WEEK OF AUGUST 6 – AUGUST 13, 2019
- THE WEEK OF JULY 30 – AUGUST 6, 2019
- THE WEEK OF JULY 23 – JULY 30, 2019
- THE WEEK OF JULY 16 – JULY 23, 2019
- THE WEEK OF JULY 9 – JULY 16, 2019
- THE WEEK OF JULY 2 – JULY 9, 2019
- THE WEEK OF JUNE 25 – JULY 2, 2019
- THE WEEK OF JUNE 18 – JUNE 25, 2019
- THE WEEK OF JUNE 11 – JUNE 18, 2019
- THE WEEK OF JUNE 4 – JUNE 11, 2019
- THE WEEK OF MAY 28 – JUNE 4, 2019
- THE WEEK OF MAY 21 – MAY 28, 2019
- THE WEEK OF MAY 14 – MAY 21, 2019
- THE WEEK OF MAY 7 – MAY 14, 2019
- THE WEEK OF APRIL 30 – MAY 7, 2019
- THE WEEK OF APRIL 23 – APRIL 30, 2019
- THE WEEK OF APRIL 16 – APRIL 23, 2019
- THE WEEK OF APRIL 9 – APRIL 16, 2019
- THE WEEK OF APRIL 2 – APRIL 9, 2019
- THE WEEK OF MARCH 26 – APRIL 2, 2019
- THE WEEK OF MARCH 19 – MARCH 26, 2019
- THE WEEK OF MARCH 12 – MARCH 19, 2019
- THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.