The week of January 8 - January 14, 2020
Macroeconomic News
Sector News—Industry, Agriculture, Services
- የአዲስአበባአስተዳደርባለሀብቶችንበማስተባበርከ224 ቢሊዮንብርበላይየሚያወጡየዘመናዊመንደሮችግንባታእያስጀመረነው(AA City Administration is launching a modern village worth of 224bn Birr, in collaboration with investors).
- Power Authority Set to Add Two Hydro Dams.
- Ethiopian Electric Power prepares tender process for three dams.
- Freights, bulk shipment entail more economic value than commuters: study finds.
- High barriers keep large construction projects in foreign hands.
- Green Tax En Route to the Scene.
- Amid chronic forex crunch, Marathon charges ahead with electric car.
- The Railway Economic Belt Affords Vast Opportunities.
- Marathon Motors launches three new locally assembled Hyundai models.
- Ethiopia lifts tax on semi-finished leather export.
- ግዙፍየቻይናየጨርቃጨርቅአምራችበኢትዮጵያስራሊጀምርነው(China’s largest textile manufacturer to begin its operation in Bole Lemi IP).
- Small Holder Farmers Increase Productivity by 4.3%: CSA Survey.
- IFAD offers co-funding of USD 305 mln for farmers’ program.
- City Coop Agency Expands State-Owned Retail Outlets.
- Afar Region Launches Project to Improve Livelihood of Half Million Pastoralists.
- Bale Zone Fighting Locust Infestation: Agriculture, Natural Resources Bureau.
- Program that Benefits More Than 13 Million Farmers Signed.
- Ethio Telecom inches closer to 45 bln birr target revenue.
- Telecom Infrastructural Damages Inflicting Heavy Loss on Economy, Service Quality.
- State University Invests 2.4b Br to Launch Science Centres.
- Taxing Premium on New Shares Drains Startups.
- Investors cry foul of new land allotments.
- Procurement Service to go online.
- PPPDS introduce new scheme.
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 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.