The week of December 13 - December 20, 2022
Macroeconomic News
- Govt’s Tax Revenues Grew by 40% to 32.7 billion Birr in Nov.
- NBE, Finance Ministry gear dynamic approach to counter economic turmoil.
- PM Abiy Holds Talks with IMF, World Bank Chiefs.
- Stabilizing inflation becomes a tough nut to crack.
- UN Expert Urges for Prudent Capital Account Opening.
- Reforming Forex Regime Demands Foresight, Courage.
- ECA, MoTRI translate AfCFTA to Amharic to facilitate domestic policy processes.
- PM Abiy Invites US Investment Community To Explore Untapped Investment Opportunities In Ethiopia.
- PM Abiy Holds Discussion With US Trade Representative.
- ከጦርነቱ ወደ ኢኮኖሚ ልማቱ ማለፊያ በሮችን የማስከፈት ትንቅንቅ (Efforts to open doors from war to economic development).
- Fitch downgrades Ethiopia to ‘CCC-’; removes from UCO.
- UNCTAD Expresses Desire To Work Together With Ethiopia In Trade, Industry.
- Ethiopia, Italy Discuss To Explore Ways To Enhance Bilateral Cooperation.
Sector News—Industry, Agriculture, Services
- Efforts to substitute AGOA fetch 32 mln in exports.
- የሐዋሳ ኢንዱስትሪ ፓርክ ሁለተኛ ምዕራፍ ግንባታ ሊጀመር ነው (The construction of the second phase of Hawassa Industrial Park set to begin).
- ከኢንዱስትሪ ፓርኮች የሚወጡ ምርቶች በአፍሪካ አኅጉር የተሻለ ገበያ እያገኙ መሆኑ ተገለጸ (Products from the industrial parks are getting a better market in Africa).
- Volkswagen still keen in Ethiopia’s expansion.
- Business: Akobo Minerals makes a third gold discovery at Segele.
- Salt Processing Foresees Restriction to Mining Regions.
- Mayor Pushes Banks to Enter Real Estate Development Despite Limiting Laws.
- Cement shortage stifles the market.
- GIZ Will Support Ethiopia In Mfg, Promoting Decent Jobs, Says GIZ Sustainable Industrial Clusters Head.
- Japan’s Mitsubishi Corporation Interested To Invest In Textile, Automotive Sectors In Ethiopia.
- የአምራች ኢንዱስትሪ ዕድገትን የሚያጠናክር ውይይት ከጃፓን ዓለም አቀፍ ትብብር ኤጀንሲ ጋር ተካሄደ (Discussion held with TICAD to strengthen the development of the manufacturing industry).
- Ethiopia Earns Over $615mln From Coffee Export In 5 Months.
- Ethiopia Earns $41mln From Meat Products Export In 5 Months: EAA.
- Over 675 Thou Ha of Land Covered by Irrigated Wheat – President Shimelis.
- CBE avails 55 bln birr for fertilizer import.
- CBE Unveils Digital Transaction System For Farmers.
- Kuwaiti Investors Embark On Agricultural Investment In Afar Region.
- Delayed US loan guarantee for Ethiopian Airlines on the horizon.
- Ethiopian Scoops Global Travellers’ Best African Airlines Award.
- Ethiopian Airlines Confident Of Passenger Rebound From COVID This Year.
- Afripay commences operation of Point of Sale, payment gateway services.
- Ethiopia Adopts National Blue Economy Strategy.
- Reconstruction of Amhara region requires over 700 billion birr, study.
- Enterprise chooses to sell fuel vessels as swapping remains fruitless.
- ESLSE inclines to swap two tankers for profitable bulkers.
- Dire Dawa Dry Port Handling More Than 150 Trucks Daily.
- World Bank grants $745 million to Ethiopia.
- Ethiopia’s Tourism Sector Recovering Following Peace Agreement.
- Ethiopia Made Significant Progress In Simplifying Visa Rules For Africans: AfDB.
Financial News
- Abyssinia Consolidates Market Position as Second Largest Private Bank.
- Nib Bank Bags 1.76 Billion Birr Annual Profit.
- Abay Insurance outshines its profit targets.
- Bunna Bank hits the colossal billion birr profit mark.
- አዲስ ኢንተርናሽናል ባንክ የተከፈለ ካፒታሉን ካላሟላ ከሌላ ባንክ ጋር እንደሚዋሀድ አስታወቀ (Addis International Bank vows to merge with another bank if it does not meet its paid-up capital).
- ሲዳማ ባንክ የተሟላ አገልግሎት መስጠት የሚያስችል ቁመና ላይ እገኛለሁ አለ (Sidama Bank is in a position to provide full banking services).
- Banks Begin Resuming Services in Northern Ethiopia.
- Public employees’ pension to be invested in bank stock.
- Nyala Insurance profit soars.
- የኢንሹራንስ ኩባንያዎች በሞተር ኢንሹራንስ መክሰራቸው ተገለጸ (Insurance companies have gone bankrupt with motor insurance).
Policy and Regulatory News
Archive
- THE WEEK OF DECEMBER 6 – DECEMBER 13, 2022
- THE WEEK OF NOVEMBER 29 – DECEMBER 6, 2022
- THE WEEK OF NOVEMBER 22 – NOVEMBER 29, 2022
- THE WEEK OF NOVEMBER 15 – NOVEMBER 22, 2022
- THE WEEK OF NOVEMBER 8 – NOVEMBER 15, 2022
- THE WEEK OF NOVEMBER 1 – NOVEMBER 8, 2022
- THE WEEK OF OCTOBER 25 – NOVEMBER 1, 2022
- THE WEEK OF OCTOBER 18 – OCTOBER 25, 2022
- THE WEEK OF OCTOBER 11 – OCTOBER 18, 2022
- THE WEEK OF OCTOBER 4 – OCTOBER 11, 2022
- THE WEEK OF SEPTEMBER 27 – OCTOBER 4, 2022
- THE WEEK OF SEPTEMBER 20 – SEPTEMBER 27, 2022
- THE WEEK OF SEPTEMBER 13 – SEPTEMBER 20, 2022
- THE WEEK OF SEPTEMBER 6 – SEPTEMBER 13, 2022
- THE WEEK OF AUGUST 30 – SEPTEMBER 6, 2022
- THE WEEK OF AUGUST 23 – AUGUST 30, 2022
- THE WEEK OF AUGUST 16 – AUGUST 23, 2022
- THE WEEK OF AUGUST 9 – AUGUST 16, 2022
- THE WEEK OF AUGUST 2 – AUGUST 9, 2022
- THE WEEK OF JULY 26 – AUGUST 2, 2022
- THE WEEK OF JULY 19 – JULY 26, 2022
- THE WEEK OF JULY 12 – JULY 19, 2022
- THE WEEK OF JULY 5 – JULY 12, 2022
- THE WEEK OF JUNE 28 – JULY 5, 2022
- THE WEEK OF JUNE 14 – JUNE 21, 2022
- THE WEEK OF JUNE 7 – JUNE 14, 2022
- THE WEEK OF MAY 31 – JUNE 7, 2022
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- THE WEEK OF MAY 10 – MAY 17, 2022
- THE WEEK OF MAY 3 – MAY 10, 2022
- THE WEEK OF APRIL 26 – MAY 3, 2022
- THE WEEK OF APRIL 19 – APRIL 26, 2022
- THE WEEK OF APRIL 12 – APRIL 19, 2022
- THE WEEK OF APRIL 5 – APRIL 12, 2022
- THE WEEK OF MARCH 29 – APRIL 5, 2022
- THE WEEK OF MARCH 22 – MARCH 29, 2022
- THE WEEK OF MARCH 15 – MARCH 22, 2022
- THE WEEK OF MARCH 8 – MARCH 15, 2022
- THE WEEK OF MARCH 1 – MARCH 8, 2022
- THE WEEK OF FEBRUARY 22 – MARCH 1, 2022
- THE WEEK OF FEBRUARY 15 – FEBRUARY 22, 2022
- THE WEEK OF FEBRUARY 8 – FEBRUARY 15, 2022
- THE WEEK OF FEBRUARY 1 – FEBRUARY 8, 2022
- THE WEEK OF JANUARY 25 – FEBRUARY 1, 2022
- THE WEEK OF JANUARY 18 – JANUARY 25, 2022
- THE WEEK OF JANUARY 11 – JANUARY 18, 2022
- THE WEEK OF JANUARY 4 – JANUARY 11, 2022
- THE WEEK OF NOVEMBER 28, 2021 – JANUARY 4, 2022
- THE WEEK OF NOVEMBER 21 – NOVEMBER 28, 2021
- THE WEEK OF NOVEMBER 14 – NOVEMBER 21, 2021
- THE WEEK OF NOVEMBER 7 – NOVEMBER 14, 2021
- THE WEEK OF NOVEMBER 30 – DECEMBER 7, 2021
- THE WEEK OF NOVEMBER 23 – NOVEMBER 30, 2021
- THE WEEK OF NOVEMBER 16 – NOVEMBER 23, 2021
- THE WEEK OF NOVEMBER 9 – NOVEMBER 16, 2021
- THE WEEK OF NOVEMBER 2 – NOVEMBER 9, 2021
- THE WEEK OF OCTOBER 26 – NOVEMBER 2, 2021
- THE WEEK OF October 19 – OCTOBER 26, 2021
- THE WEEK OF October 12 – OCTOBER 19, 2021
- THE WEEK OF October 5 – OCTOBER 12, 2021
- THE WEEK OF SEPTEMBER 28 – OCTOBER 5, 2021
- THE WEEK OF SEPTEMBER 21 – SEPTEMBER 28, 2021
- THE WEEK OF SEPTEMBER 14 – SEPTEMBER 21, 2021
- THE WEEK OF SEPTEMBER 7 – SEPTEMBER 14, 2021
- THE WEEK OF AUGUST 31 – SEPTEMBER 7, 2021
- THE WEEK OF AUGUST 24 – AUGUST 31, 2021
- THE WEEK OF AUGUST 17 – AUGUST 24, 2021
- THE WEEK OF AUGUST 10 – AUGUST 17, 2021
- THE WEEK OF AUGUST 3 – AUGUST 10, 2021
- THE WEEK OF JULY 27- AUGUST 3, 2021
- THE WEEK OF JULY 20- JULY 27, 2021
- THE WEEK OF JULY 13- JULY 20, 2021
- THE WEEK OF JULY 6 – JULY 13, 2021
- THE WEEK OF JUNE 29 – JULY 6, 2021
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- THE WEEK OF FEBRUARY 23 – March 2, 2021
- THE WEEK OF FEBRUARY 16 – FEBRUARY 23, 2021
- THE WEEK OF FEBRUARY 9 – FEBRUARY 16, 2021
- THE WEEK OF FEBRUARY 2 – FEBRUARY 9, 2021
- THE WEEK OF JANUARY 26 – FEBRUARY 2, 2021
- THE WEEK OF JANUARY 19 – JANUARY 26, 2021
- THE WEEK OF JANUARY 12 – JANUARY 19, 2021
- THE WEEK OF JANUARY 5 – JANUARY 12, 2021
- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
- THE WEEK OF DECEMBER 22 – DECEMBER 29, 2020
- THE WEEK OF DECEMBER 15 – DECEMBER 22, 2020
- THE WEEK OF DECEMBER 8 – DECEMBER 15, 2020
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- THE WEEK OF NOVEMBER 24 – DECEMBER 1, 2020
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- THE WEEK OF NOVEMBER 3 – NOVEMBER 10, 2020
- THE WEEK OF OCTOBER 27 – NOVEMBER 3, 2020
- THE WEEK OF OCTOBER 20 – OCTOBER 27, 2020
- THE WEEK OF OCTOBER 13 – OCTOBER 20, 2020
- THE WEEK OF OCTOBER 6 – OCTOBER 13, 2020
- THE WEEK OF SEPTEMBER 29 – OCTOBER 6, 2020
- THE WEEK OF SEPTEMBER 22 – SEPTEMBER 29, 2020
- THE WEEK OF SEPTEMBER 15 – SEPTEMBER 22, 2020
- THE WEEK OF SEPTEMBER 8 – SEPTEMBER 15, 2020
- THE WEEK OF SEPTEMBER 1 – SEPTEMBER 8, 2020
- THE WEEK OF AUGUST 25 – SEPTEMBER 1, 2020
- THE WEEK OF AUGUST 18 – AUGUST 25, 2020
- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
- THE WEEK OF JULY 21 – JULY 28, 2020
- THE WEEK OF JULY 14 – JULY 21, 2020
- THE WEEK OF JUNE 30 – JULY 14, 2020
- THE WEEK OF JUNE 23 – JUNE 30, 2020
- THE WEEK OF JUNE 16 – JUNE 23, 2020
- THE WEEK OF JUNE 9 – JUNE 16, 2020
- THE WEEK OF JUNE 2 – JUNE 9, 2020
- THE WEEK OF MAY 26 – JUNE 2, 2020
- THE WEEK OF MAY 19 – MAY 26, 2020
- THE WEEK OF MAY 12 – MAY 19, 2020
- THE WEEK OF MAY 6 – MAY 12, 2020
- THE WEEK OF APRIL 28 – MAY 6, 2020
- THE WEEK OF APRIL 21 – APRIL 28, 2020
- THE WEEK OF APRIL 14 – APRIL 21, 2020
- THE WEEK OF April 7 – APRIL 14, 2020
- THE WEEK OF MARCH 31 – APRIL 7, 2020
- THE WEEK OF MARCH 24 – MARCH 31, 2020
- THE WEEK OF MARCH 17 – MARCH 24, 2020
- THE WEEK OF MARCH 10 – MARCH 17, 2020
- THE WEEK OF MARCH 3 – MARCH 10, 2020
- THE WEEK OF FEBRUARY 25 – MARCH 3, 2020
- THE WEEK OF FEBRUARY 18 – FEBRUARY 25, 2020
- THE WEEK OF FEBRUARY 11 – FEBRUARY 18, 2020
- THE WEEK OF FEBRUARY 4 – FEBRUARY 11, 2020
- THE WEEK OF JANUARY 28 – FEBRUARY 4, 2020
- THE WEEK OF JANUARY 21 – JANUARY 28, 2020
- THE WEEK OF JANUARY 14 – JANUARY 21, 2020
- THE WEEK OF JANUARY 8 – JANUARY 14, 2020
- THE WEEK OF DECEMBER 31 – JANUARY 8, 2020
- THE WEEK OF DECEMBER 24 – DECEMBER 31, 2019
- THE WEEK OF DECEMBER 17 – DECEMBER 24, 2019
- THE WEEK OF NOVEMBER 10 – DECEMBER 17, 2019
- 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.