The week of December 14 - December 21, 2021
Macroeconomic News
- Ministry of Revenues Collects 147.3 Billion Birr in Five Months.
- Ethiopia’s external debt constricts in first Q.
- Fuel subsidy cut, looming budget deficit.
- Nation Needs to Explore Economic Alternatives to Resist Pressures, Sanctions: Scholar.
- President Sahle-Work, AfDB Chief Adesina Discuss Ethiopia’s Dev’t Priorities.
- Germany Announces 80.6 Mil Euros Grant to Ethiopia.
Sector News—Industry, Agriculture, Services
- Five-month Mineral Export Generates $241 Million.
- የጨርቃ ጨርቅና የቆዳ ኢንዱስትሪዎች የውጭ ምንዛሪ ቅድሚያ እንዲያገኙ ይደረጋል ተባለ (Textile and leather industries will be given forex priority).
- Abyssinia awards USD 400 mln construction project.
- CBE Wallows in Turkish Textile Conundrum as Assets Fail to Attract Buyers.
- Bahrain expresses interest to invest in Ethiopia in Cobalt, aluminum mining and processing.
- Kombolcha moves fast to restore destroyed factories.
- Ethiopia, UNIDO Sign €2mln Project Deal to Support Integrated Agro-Industrial Parks.
- Ethiopia Plans To Build 17 Irrigation Projects With 9.8 Billion Birr This Fiscal Year: GCS.
- Coffee Industry Sees Steady Growth, But at What Cost?
- Growing Demand, Failed Wheat Procurement Lead to Bets on Cluster Farming.
- Ethiopia, S. Sudan to Tap into over 21,000 Tons of Annual Fish Potential in three Basins.
- Tele Birr to interoperate with EthSwitch.
- በጥር ወር ይፋ እንደሚደረግ የሚጠበቀው ሁለተኛው የቴሌኮም ፈቃድ ጨረታ ሊሰረዝ ወይም ሊራዘም ይችላል ተባለ (The second telecom license bid, which is expected to be announced in January, could be cancelled or extended).
- Telecom Regulator, Consortium Discuss Progress as Safaricom Ethiopia Prepares to Launch Services.
- Ethiopia’s digital technology role in Africa.
- ለኢንተርፕራይዞች 200 ሚሊዮን ዶላር ተጨማሪ የብድር በጀት መያዙ ተገለጸ (An additional $200 million loan package announced for SMEs).
- Purpose black avails attractive franchise scheme.
- Ethiopia Tourist Arrival Up 255 % In 2021 3rd Quarter.
- Agency Says Working Hard to Achieve Goals Set with Coming of Diaspora.
- A step forward for electric mobility initiative towards policymaking.
- Ministry Designates Addis Abeba Hospitals for Health Infrastructure Repair in North.
Financial News
- Awash Bank Of Ethiopia Tops Private Banks In Profit, Deposit.
- አቢሲኒያ ባንክ የትርፍ ምጣኔውን ከ90 በመቶ በላይ ማድረሱን ገለጸ (Bank of Abyssinia’s profit margin increased by more than 90 percent).
- BoA Paid-up Capital Exceeds ETB 5 billion.
- Bunna bank records magnetic increase in customer base, profit hits new ceiling.
- Zemen Bank Profit Increases By 214 Million Birr.
- የንብ ኢንተርናሽናል ባንክ ባለአክሲዮኖች የተከፈለ ካፒታል ወደ አሥር ቢሊዮን ብር እንዲያድግ ወሰኑ (The shareholders of Nib International Bank decided to increase the paid up capital of the bank to ten billion Birr).
- የኦሮሚያ ኢንሹራንስ ኩባንያ የተከፈለ ካፒታሉን ወደ አንድ ቢሊዮን ብር ሊያሳድግ ነው (Oromia Insurance Company set to increase its paid up capital to one billion Birr).
- አዲስ ኢንተርናሽናል ባንክ የተከፈለ ካፒታሉን አምስት ቢሊዮን ብር ለማድረስ እየሠራ መሆኑን አስታወቀ (Addis International Bank set to increase its paid up capital to five billion Birr).
- Lion bank’s bad loans hit 16 percent.
- Ethiopia – Lion Bank Profit Drops By 309 Million Birr.
- Ethio Re eyes African market after encouraging int’l rating.
- ዓባይ ኢንሹራንስ ከታክስ በፊት ከ75 ሚሊዮን ብር በላይ ማትረፉን ገለጸ (Abay Insurance earns over 75 million Birr gross profit).
- ዓባይ ኢንሹራንስ የተከፈለ ካፒታሉን ከ300 ወደ 500 ሚሊዮን ብር ሊያሳድግ ነው (Abay Insurance aims to increase its paid up capital from 300 to 500 million Birr).
- ኢትስዊች ዓመታዊ የትርፍ ምጣኔውን በ6 በመቶ ማሳደጉን አስታወቀ (Etswich’s profit margin increased by 211.6 percent).
Policy and Regulatory News
Archive
- 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
- THE WEEK OF JUNE 22 – JUNE 29, 2021
- THE WEEK OF JUNE 15 – JUNE 22, 2021
- THE WEEK OF JUNE 8 – JUNE 15, 2021
- THE WEEK OF JUNE 1 – JUNE 8, 2021
- THE WEEK OF MAY 25 – JUNE 1, 2021
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- THE WEEK OF MAY 11 – MAY 18, 2021
- THE WEEK OF MAY 4 – MAY 11, 2021
- THE WEEK OF APRIL 27 – MAY 4, 2021
- THE WEEK OF APRIL 20 – APRIL 27, 2021
- THE WEEK OF APRIL 13 – APRIL 20, 2021
- THE WEEK OF APRIL 6 – APRIL 13, 2021
- THE WEEK OF MARCH 30 – APRIL 6, 2021
- THE WEEK OF MARCH 23 – MARCH 30, 2021
- THE WEEK OF MARCH 16 – MARCH 23, 2021
- THE WEEK OF MARCH 9 – MARCH 16, 2021
- THE WEEK OF MARCH 2 – MARCH 9, 2021
- 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
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- 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
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- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
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- THE WEEK OF JULY 14 – JULY 21, 2020
- THE WEEK OF JUNE 30 – JULY 14, 2020
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- 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
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- 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
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- THE WEEK OF MAY 28 – JUNE 4, 2019
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- 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.