The week of December 6 - December 13, 2022
Macroeconomic News
- EIC Reiterates Ethiopia’s Commitment To Improve Investment Climate Towards Increasing FDI Inflow.
- Ethiopian Investment Commission, AfDB Explore Ways To Strengthen Cooperation.
- Stabilizing inflation becomes a tough nut to crack.
- Strong dollar help Ethiopia reduce external debt, report.
- China Grants Duty-Free Access to Ethiopian Export Products.
- Ethiopia to Adopt ITAS Digital System to Boost Tax Revenues.
- UK Businesses Invited To Seize The Lucrative Investment Opportunities In Ethiopia.
- EU Reiterate Continued Development And Technical Assistance To Ethiopia.
- Ethiopia-Russia Agree To Further Enhance The Long-Established Bilateral Cooperation.
- More Finnish Firms Keen On Seizing Lucrative Investment Opportunities In Ethiopia: Deputy FM.
Sector News—Industry, Agriculture, Services
- Car market sees sharp price fall.
- Finance Intel Rolls Out Decree Forcing Background Checks on Car Dealers.
- Mines Ministry Demands Steel Manufacturers Operate at Full Capacity.
- ብሔራዊ ባንክ የወርቅ መግዣ ዋጋ ሊስተካከል እንደሚችል አስታወቀ (NBE may adjust the purchasing price for Gold).
- Gold smuggling shrivels markets as the Chinese get involved.
- AfDB Approves $10mln Grant For Tulu Moye Geothermal In Ethiopia.
- US demands human right investigation to reinstate AGOA privilege.
- Germany, Ethiopia link to optimize energy consumption, self-supply.
- Energy crisis in Europe boosts flower exports.
- Spike in local sesame price infuriates exporters.
- Ethiopia Chose To Undertake Bold, Practical Solutions To Address Climate Change: PM Abiy.
- Food Self-Sufficiency A Path To Preserve The Country’s Sovereignty Beyond Meeting Basic Needs: President Sahle-Work.
- Ethiopian Airlines To Commence Construction Of Mega Airport In The Current Fiscal Year.
- Ethiopian Airlines Is Instrumental In Uplifting Africa’s Tourism Industry: Envoy.
- Ethiopian, Boeing Partner to Transport Relief Aid Aboard New 737 MAX Jets.
- Ethiopia, AfDB Ink $14.1mln Deal Funding Water Devt Project.
- Japan Unveils $25m Fund For UN Relief Works in Ethiopia.
- EU Pledges €35mln Financial Backing To Ethiopia To Assist Rural Productive Safety Net Programme (RPSNP).
Financial News
- Zemen Bank Marks Own Era, Despite Fall in EPS.
- ቡና ባንክ ዓመታዊ ትርፉን ከአንድ ቢሊዮን ብር በላይ ማሻገር ቻለ (Buna Bank’s annual profit exceeded 1bn Birr).
- Wegagen Bank to Raise Paid-up Capital to 20bln Birr.
- እናት ባንክ ካፒታሉን ወደ አምስት ቢሊዮን ብር ለማሳደግ ወሰነ (Enat Bank set to raise its capital to 5bn Birr).
- Goh Betoch hits the ground running in its first year.
- ጎህ ቤቶች ባንክ ወደ ቤት ልማት ለመግባት ብሔራዊ ባንክን ፈቃድ ጠየቀ (Goh Betoch Bank requested NBE to enter into a housing development).
- ሒጂራ ባንክ የ143 ሚሊዮን ብር ኪሳራ አስመዘገበ (Hijira Bank registered a 143mn Birr loss).
Policy and Regulatory News
Archive
- THE WEEK OF NOVEMBER 29 – DECEMBER 6, 2022
- THE WEEK OF NOVEMBER 22 – NOVEMBER 29, 2022
- THE WEEK OF NOVEMBER 15 – NOVEMBER 22, 2022
- THE WEEK OF NOVEMBER 8 – NOVEMBER 15, 2022
- THE WEEK OF NOVEMBER 1 – NOVEMBER 8, 2022
- THE WEEK OF OCTOBER 25 – NOVEMBER 1, 2022
- THE WEEK OF OCTOBER 18 – OCTOBER 25, 2022
- THE WEEK OF OCTOBER 11 – OCTOBER 18, 2022
- THE WEEK OF OCTOBER 4 – OCTOBER 11, 2022
- THE WEEK OF SEPTEMBER 27 – OCTOBER 4, 2022
- THE WEEK OF SEPTEMBER 20 – SEPTEMBER 27, 2022
- THE WEEK OF SEPTEMBER 13 – SEPTEMBER 20, 2022
- THE WEEK OF SEPTEMBER 6 – SEPTEMBER 13, 2022
- THE WEEK OF AUGUST 30 – SEPTEMBER 6, 2022
- THE WEEK OF AUGUST 23 – AUGUST 30, 2022
- THE WEEK OF AUGUST 16 – AUGUST 23, 2022
- THE WEEK OF AUGUST 9 – AUGUST 16, 2022
- THE WEEK OF AUGUST 2 – AUGUST 9, 2022
- THE WEEK OF JULY 26 – AUGUST 2, 2022
- THE WEEK OF JULY 19 – JULY 26, 2022
- THE WEEK OF JULY 12 – JULY 19, 2022
- THE WEEK OF JULY 5 – JULY 12, 2022
- THE WEEK OF JUNE 28 – JULY 5, 2022
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- THE WEEK OF APRIL 26 – MAY 3, 2022
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- THE WEEK OF MARCH 29 – APRIL 5, 2022
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- THE WEEK OF FEBRUARY 22 – MARCH 1, 2022
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- THE WEEK OF FEBRUARY 8 – FEBRUARY 15, 2022
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- THE WEEK OF JANUARY 25 – FEBRUARY 1, 2022
- THE WEEK OF JANUARY 18 – JANUARY 25, 2022
- THE WEEK OF JANUARY 11 – JANUARY 18, 2022
- THE WEEK OF JANUARY 4 – JANUARY 11, 2022
- THE WEEK OF NOVEMBER 28, 2021 – JANUARY 4, 2022
- THE WEEK OF NOVEMBER 21 – NOVEMBER 28, 2021
- THE WEEK OF NOVEMBER 14 – NOVEMBER 21, 2021
- 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
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- THE WEEK OF OCTOBER 26 – NOVEMBER 2, 2021
- THE WEEK OF October 19 – OCTOBER 26, 2021
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- THE WEEK OF SEPTEMBER 28 – OCTOBER 5, 2021
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- THE WEEK OF JULY 27- AUGUST 3, 2021
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- THE WEEK OF JULY 6 – JULY 13, 2021
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- THE WEEK OF FEBRUARY 23 – March 2, 2021
- THE WEEK OF FEBRUARY 16 – FEBRUARY 23, 2021
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- THE WEEK OF JANUARY 12 – JANUARY 19, 2021
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- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
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- THE WEEK OF APRIL 28 – MAY 6, 2020
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- THE WEEK OF MARCH 3 – MARCH 10, 2020
- THE WEEK OF FEBRUARY 25 – MARCH 3, 2020
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- 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
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- THE WEEK OF NOVEMBER 5 – NOVEMBER 12, 2019
- THE WEEK OF OCTOBER 29 – NOVEMBER 5, 2019
- THE WEEK OF OCTOBER 22 – OCTOBER 29, 2019
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- THE WEEK OF SEPTEMBER 24 – OCTOBER 1, 2019
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- THE WEEK OF SEPTEMBER 3 – SEPTEMBER 10, 2019
- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
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- THE WEEK OF AUGUST 6 – AUGUST 13, 2019
- THE WEEK OF JULY 30 – AUGUST 6, 2019
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- THE WEEK OF JUNE 25 – JULY 2, 2019
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- 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.