The week of December 29 2020 - January 5, 2021
Macroeconomic News
- Ethiopia’s Economy in 2021.
- 10 Year Perspective Plan Intended To Make Ethiopia African Beacon Of Prosperity By 2030.
- Ethiopia plans to collect 3.4 Trillion Birr in tax revenues by 2030.
- የአገሪቱ አጠቃላይ የውስጥና የውጭ ዕዳ01 ትሪሊየን ብር መድረሱን መንግሥት ይፋ አደረገ (The country’s total domestic and foreign debt has reached 2.01 trillion Birr, MoFEC).
- Ministry Puts in Place Revenues Allocation System.
- Association calls for adjustment of wage based on Inflation.
- Ethiopia aligns itself with AfCFTA as tariffs reduction begins.
- Some Negotiations Remain Pending, Continental Free Trade Bloc Takes Off.
- Economics Prof. Says Capital Market Paves Way for Private Sector to Contribute More to Dev’t.
- በመዲናዋ ለወጣቶች 5 ቢሊየን ብር የሚገመት የገበያ ትስስር ለመፍጠር እየተሰራ ነው (City administration starts creating access to market for the youth worth of 5bn Birr).
- በጸጥታ ችግር ከተጎዱ ኢንቨስትመንቶች ማገገም የሚችሉት አንድ በመቶ ያክሉ ናቸው” የኢትዮጵያ ኢንቨስትመንት ኮሚሽን ኮሚሽነርሌሊሴ ነሚ (Close to one percent of investments can recover from damages caused by security issues, EIC commissioner).
- Ethiopia’s Opportunity to Become ‘Green Island in a Dry Land Sea’.
- Ethiopia, Algeria Vow to Enhance Trade Relations.
Sector News—Industry, Agriculture, Services
- Corporation Picks Five Industrial Hub Sites.
- Ethiopia to develop satellite industrial parks.
- በኢትዮጵያ የኬሚካል ኢንዱስትሪ ፓርክ ለማቋቋም እንቅስቃሴ ተጀመረ (Efforts underway to establish a chemical industry park in Ethiopia).
- Industrial Chemicals Registration System Launched.
- Mines and Petroleum Ministry Opens 30 Potential Areas for Investment.
- New Miner Development Center Aims To Maximize Natural Resources Exploration, Extraction.
- PM Says Ethiopia Will Bolster Export, Foreign Earning Potential in Mining Sector.
- Ethiopia: Gold mining sees record growth despite Covid-19.
- በአዲስ አበባ የወርቅ ማቅለጫ ሊገነባ ነው (A gold mine to be built in Addis Ababa).
- Federal Small and Medium Manufacturing Industry opened small and medium enterprise trade.
- Ethiopian Firm To Build Daguru-Dikhill Road Projects Worth Over $43.7m.
- French malt factory in Ethiopia begins production.
- Siemens Gamesa seals its first wind farm project in Ethiopia, expanding its leadership in Africa.
- From paper to edible oils.
- Price of rebar soars by 50pc in just a month.
- Railway Corporation, Chinese Company Sign MOU to Develop Infrastructures.
- Horticulture Becoming Potential Foreign Currency Earning Center: Agriculture Ministry.
- Wheat Importation to be Cut by More than Half, Says Agriculture Minister.
- Farmers and millers set to link up to whip wheat deficit.
- ተከስቶ የነበረው የበረሃ አንበጣ ወረርሽኝ የ8 ሚሊዮን ኩንታል ምርት ቅናሽ ሊያመጣ እንደሚችል ተጠቆመ (Desert locust infestation could reduce production by 3.8 million quintal, MoA).
- Ministry Undertaking Locust Prevention Activity in Eastern Part of Ethiopia.
- Ethiopia to Buy 5 Aircrafts to Combat New Wave of Locust Invasion.
- FAO sounds alarm as swarms of desert locust breed.
- Ethiopian-DHL, AeTrade Group Agree to Transport Historical Parcels under AfCFTA.
- Ethiopia Earns Over $340m From Mineral Export In Six Months.
- Nation imports USD48 million worth of edible oil every month.
- Ethiopia introduces zero profit tax incentive to boost tourism.
- MoFA launches a promotion campaign trending #Rising Ethiopia.
- Exhibition revenue stunted by pandemic.
- የመንግስት የልማት ድርጅቶችና የፋይናንስ ተቋማት ዓለም አቀፉን የሂሳብ አያያዝ ስርዓት መተግበር አለባቸው (Public enterprises and financial institutions advised to implement IFRS).
- Incentives to MICE Industry Will Contribute to Nat’l Economy, Says African Trade Fair Partners.
- Ethio-Kenya Road Provides Ethiopia with Better Negotiating Position in Port services.
Financial News
- Ahadu Bank established with 760 million birr capital.
- Zemen Bank profit surpasses one billion Birr.
- Zemen steers up in profits.
- Wegagen Bank of Ethiopia profit up 46 percent.
- BIB attains splendid achievement despite slip in profits.
- Lion Insurance Sustains Profit, Controls Claims.
- Berhan Bank lights its way to record profits.
- Central Bank Resumes Circulating New Currencies in Tigray.
Policy and Regulatory News
- Ministry Revamps Two-Decade-Old Industrial Policy.
- Trade, Industry Council Draft Law Vital to Advance Private Sector Role in Economy.
- ኢትዮጵያ ለመጀመሪያ ጊዜ የንግድ ፖሊሲ እያዘጋጀች ነው (Ethiopia is drafting a trade policy for the first time).
- Ministry of Finance revises investment incentives.
- City chamber presents recommendations for draft proclamation.
Archive
- THE WEEK OF DECEMBER 22 – DECEMBER 29, 2020
- 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
- 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.