The week of December 22 - December 29, 2020
Macroeconomic News
- Ethiopia Sets Priorities for Dev’t Corridors, Private Sector in 10-year Nat’l Plan.
- በቀጣይ 10 ዓመት ሥራ አጥነት ወደ ዘጠኝ በመቶ ዝቅ እንደሚል ተገለጸ (Government plans to decrease unemployment to nine percent in the next 10 years).
- House Discussing to Enrich 10-year Nat’l Dev’t Plan.
- Ministry plans to earn USD 9 billion from export sector in ten years.
- Nation Secures 1.33 Bln USD from Export in 5 Months.
- Ministry Waives 14.5b Br in Taxes, Customs Duties.
- በአማራ ክልል በአምስት ወራት ውስጥ 8 ነጥብ 1 ቢሊየን ብር ገቢ ተሰበሰበ (Amhara region collected 8.1bn Birr revenue in five months)
- Paris Club of creditors: Ethiopia gets debt deadline extension.
- Committee Arises to Assess Damaged Investments.
- Projects With 83bn Birr Capital Entered Implementation Phase In Oromia.
- Ethiopia, World Bank Sign $100m Financing Agreement.
- Development policy reorientation makes it likely for Ethiopia to achieve SDGs: UNSDCF.
- Ethiopia To Work In Collaboration With Brazil To Boost Economic Sector.
- Investment Commissioner Confers With Ambassador Of Korea To Ethiopia.
- Fifty years on, Ethiopia and China foster stronger cooperation on multiple levels.
- Ethiopia’s Economic Reform Catches Israeli Investors Attention, Says Ambassador Raphael Morav.
Sector News—Industry, Agriculture, Services
- Ethiopia’s ten-year plan to industrialize.
- Board Adds Dukem Depot to PPP Projects.
- Hawassa To Get 1.7bn Birr Edible Oil Plant.
- Ministry revokes cement distributers’ licenses.
- Bureau focuses on making industries competitive.
- Leather Industry Desperate to Save own Skin.
- Industrial Parks Dev’t Corporation Drafts 20 Years Nat’l Spatial Plan..
- The Next Frontier of Transport, Logistics: Digitisation of Services.
- Ethiopia, Sudan Discuss on Cooperation to Enhance Use of Port Sudan, Petroleum Supply.
- Public Infrastructure developers call for national dialogue.
- DBE floats Ayka Addis for auction, again.
- በአነስተኛና መካከለኛ አምራች ኢንዱስትሪዎች ለሚሰማሩ ዜጎች የሥራ ዕድል ለመፍጠር5 ቢሊዮን ብር ተመደበ (5.5bn Birr earmarked for job creation in small and medium enterprises).
- የኮንስትራክሽን ኩባንያዎች መንግሥት ይታደገን እያሉ ነው (Construction companies requesting the government to save them).
- የኢንዱስትሪ ፓርኮች ግንባታ ይቀጥላል ተባለ (Construction of industrial parks will continue).
- Ministry Undertaking Desert Locust Prevention Efforts in 3 Regions.
- Ministry collaborating with Somaliland to control desert locust.
- Institute says partnership in need to commercialize new technologies.
- Private sectors’ active role vital to build green economy.
- Overcoming climate change for augmenting production, productivity.
- Ethiopia Plans To Plant Over 6bn Tree Seedlings, Including In Neighbours.
- Authority Rolls Out Coffee Contract Administration Software.
- E-Governance, Digital ID, E-Commerce Prioritized By Digital Ethiopia Program.
- Helping woman entrepreneurs enjoy E-marketing.
- Addis Chamber, Chinese CCOIC-CC Agree To Forge Partnership.
- Ethiopia and Djibouti Agree to Refine Road Services, Port Operations.
- Ethio-Kenya Road Provides Ethiopia with Better Negotiating Position in Port services.
Financial News
- Dashen Bank’s dash towards top flight performance.
- Dashen bank profits about 1.8 billion birr.
- Lion International Bank roars remarkable results.
- Hibret bank of Ethiopia profits grows 15 percent.
- NIB bank profit increases by 381 million birr.
- ንብ ባንክ በአምስት ዓመት እደርስበታለሁ ያለውን ትርፍ በሁለት ዓመት ማሳካቱን አስታወቀ (Nib Bank achieved it’s five year profit target in two years).
- Enat Bank Bags Modest Profit, Yet EPS Slides.
- Enat bank surpasses the ‘billion birr’ mark in total income.
- Buna Bank registers over 500 mln. Birr profit.
- Berhan lights up in success despite pandemic year.
- Zemen to Launch Mobile Banking Solution.
- Zemen Insurance Debuts with Decent Profit.
- የኦሮሚያ ኢንተርናሽናል ባንክ ካፒታል ስድስት ቢሊዮን ብር እንዲሆን ተወሰነ (OIB to raise capital to 6bn Birr).
- ብርሃን ባንክ የትርፍ መጠኑን በ22 በመቶ ማሳደጉን አስታወቀ (Berhan Bank’s profit surged by 22 percent).
- ብሔራዊ ባንክ የደቡብ ግሎባል ባንክ የትርፍ ድርሻ ክፍፍልን አገደ (National Bank suspends Debub Global Bank’s dividends).
- Nyala Insurance unveils another stride performance.
- ኒያላ ኢንሹራንስ ካፒታሉን ወደ 600 ሚሊዮን ብር ለማሳደግ ወሰነ (Nyala Insurance to raise capital to 600mn Birr).
- Banking Service Resumes In Mekelle City.
- CR2 set to accelerate digital banking in Ethiopia.
- Over 32 Million Citizens Benefit From Health Insurance: Health Minister.
- Ethiopia set to start reporting FSIs for IMF.
Policy and Regulatory News
Archive
- THE WEEK OF DECEMBER 15 – DECEMBER 22, 2020
- THE WEEK OF DECEMBER 8 – DECEMBER 15, 2020
- THE WEEK OF DECEMBER 1 – DECEMBER 8, 2020
- THE WEEK OF NOVEMBER 24 – DECEMBER 1, 2020
- THE WEEK OF NOVEMBER 17 – NOVEMBER 24, 2020
- THE WEEK OF NOVEMBER 10 – NOVEMBER 17, 2020
- 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
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- THE WEEK OF JUNE 16 – JUNE 23, 2020
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- THE WEEK OF APRIL 28 – MAY 6, 2020
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- THE WEEK OF April 7 – APRIL 14, 2020
- THE WEEK OF MARCH 31 – APRIL 7, 2020
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- 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
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- 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
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- 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.