The week of December 31 - January 8, 2020
Macroeconomic News
- Ethiopia forecasts double-digit economic growth.
- Ethiopia Returns to Double-Digit Economic Growth.
- PM Office introducing Council of Economic Advisors.
- Ethiopian government launches Homegrown Economic Reform Programme.
- Stake holders held heated discussion on new excise tax.
- On the 500pc Proposed Excise Tax.
- Ethiopia inflation continues growing in double digits.
- Ethiopia Pushes to Boost Foreign Direct Investment inflows.
- ጠቅላይሚኒስትሩአዲሱየኤክሳይስታክስአዋጅአይቀየርምአሉ(The new excise tax proclamation won’t be changed, PM Abiy).
Sector News—Industry, Agriculture, Services
- Gov’t Commits to Scale-up the Role of Construction Industry in National Economy: PM Abiy.
- Study reflects on Ethiopia – Djibouti railway corridor potential.
- Ethiopia seeks greater access to ports with sudan deal.
- Drilling rig mobilised for Tulu Moye geothermal project in Ethiopia.
- Wheat saga continues.
- Successive Tax Increase in Store for Tobacco Products.
- IFC invests € 50 million in Habesha for local sourcing.
- PepsiCo boosts Ethiopia’s snack market with majority stake acquisition in local crisps producer.
- Ethiopia Devises New Strategy to Increase Number of Tourists.
- Telecom prices to increase if excise tax levied.
- Bumpy Ride Ahead.
- New excise tax accelerates car prices.
- Ethiopia Secures $2.57 Billion From Tourism.
- Oromia president blames investors for disrupting the region.
- Holiday Businesses: A Mushrooming Trend in Ethiopia.
- Ethiopia – Addis Ababa revokes 1,178 investment licenses.
- Ethiopia launches electronic customs processing platform for traders.
- Ethiopian Electronic Single Window Project officially launched.
- Ethiopian Diaspora Trust Fund shortlists 22 projects.
- Orbit Health, Ethiopian health-tech startup, successfully closes its seed capital.
- Dubai-based Alliance Global Group (AGBL) opens Ethiopia office: AGBL Abyssinia.
- Ethiopian, Abay Bank Partnership Expands Air Ticket Payment Options.
Financial News
- Second mortgage bank under formation.
- Prominent Ethiopian diaspora behind new bank.
- Awash Bank of Ethiopia grows profit by $43.4 million.
- Ethiopia – Abay Bank profit grows 63 percent.
- Zemen doubles profit.
- Ethiopia – Enat Bank income increases by $7.3 million.
- Nib Bank’s Profit, Paid-up Capital Beats Expectations.
- Oromia Int’l Bank Posts Record-High Profit from Islamic Banking.
- Ethiopia – Oromia Insurance Company profit up 14 percent.
- Debub Global Bank doubles profits.
- Ethiopia – Lion Bank profit surges 45 percent.
- Eth-Switch Posts First Ever Profit.
- State Insurer Pays out Second Highest Claim.
- Standard Bank looking into Ethiopia’s potential.
Policy and Regulatory News
Archive
- 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.