The week of December 27, 2022 - January 3, 2023
Macroeconomic News
Sector News—Industry, Agriculture, Services
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- Ethiopia Begins Importing Fertilizer for 2023 Farming Season.
- Ethiopia to boost poultry, dairy products.
- Exporters Cross to Forward Trading.
- Wheat Dev’t in East Bale to Contribute for Achieving National Goal.
- Ethiopia Pays more for the Same Amount of Food Import Bills.
- Potential second telecom entrants now at liberty to express interest in February.
- Nigeria Highlights Ethiopian Airlines As Its Preferred Strategic Partner.
- Civil Society Organisations Roll in Businesses.
- Tax Authorities urged to Exempt Tour Operators from VAT.
- Exempting Tour Operators From Value Added Tax Way Out For Competitive Tourism Industry In Ethiopia: Chamber Forum.
- Intex Technologies UAE sets 2nd unit in Ethiopia.
- Huawei Endeavors To Develop Ethiopia’s ICT Talent, Innovation Ecosystem.
- ESLSE Begins Transporting Vehicles by Railway with Successful First Shipment.
- የብሔራዊ መታወቂያ ሙሉ በሙሉ ሲተገበር አገራዊ ጠቅላላ ምርትን 11 በመቶ ያሳድጋል ተባለ (The National ID, when fully implemented, is supposed to increase the national GDP by 11 percent).
Financial News
- አማራ ባንክ ካፒታሉን ወደ 20 ቢሊዮን ብር ለማሳደግ ወሰነ (Amara Bank set to raise its capital to 20bn Birr).
- Amhara Bank Makes 237mln Birr Profit from first year Operations.
- ጸደይ ባንክ ጠቅላላ ተቀማጭ ገንዘቡ 24 ነጥብ 5 ቢሊየን ብር መድረሱን ገለጸ (Tsedey Bank’s total deposits reaches 24.5bn Birr).
- Nib Int’l bank’s financial hive buzzes in success.
- ዘምዘም ባንክ ከወለድ ነፃ ያሰባሰበው ተቀማጭ ገንዘብ ከሦስት ቢሊዮን ብር በላይ ደረሰ (Zamzam Bank’s IFB deposits exceeds 3bn Birr).
- Oromia bank, Islamic Affairs Supreme Council bank agrees for a one-window interest-free service.
- Anbesa Int’l Bank, Shirshir Addis join forces to advance investments.
- Wegagen Bank’s 28 Branches In Mekele City Resume Operations.
- Oromia Insurance levels up as profits hit new milestone.
Policy and Regulatory News
Archive
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- THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.