The week of July 2 - July 9, 2019
Macroeconomic News
- Headline Inflation Slightly Down.
- Ethiopia up to the challenge, PM.
- Ethiopian Parliament Approves Close To 387b Birr Federal Budget For Next Year.
- Ethiopia Aims to Reduce Unemployment Rate during Next Fiscal Year.
- Ethiopia to send 50,000 workers to UAE, as short-term solution to reduce unemployment.
- Operational phase of African Continental Free Trade Area (AfCFTA) launched.
Sector News—Industry, Agriculture, Services
- Ethiopia Commences Feasibility Study on Ethio-Sudan Railway.
- State picks seven hydropower projects for PPP.
- Upstart, local sugar company in privatization push.
- Government of Ethiopia to privatize all sugar projects.
- Cork factory only PEHAA’s privatization this year.
- Dire Dawa Fertilizer Plant Making Headways in Fulfilling Local Demands.
- Chinese to invest $500 million in industrial park in Ethiopia.
- Ethiopia finds 18 gold, gemstone, industrial mineral-rich areas.
- The Coca-Cola Company to invest $300 million and set up a new factory in Ethiopia.
- Ethiopia to launch $2.5 billion geothermal electric project.
- ባለፉት11 ወራትከ50 ሺህበላይለሆኑዜጎችቋሚየስራእድልመፍጠሩንየኢዱስትሪፓርኮችልማትኮርፖሬሽንገለጸ(More than 50k employment has been created in IP’s over the past 11 months, IPDC).
Financial News
Policy and Regulatory News
- Bill Relaxes Private Sector Investment Climate.
- ኢንቨስትመንትኮሚሽንለአገርውስጥባለሀብቶችየተከለሉመስኮችንሊከልስነው(EIC set to revise investment areas exclusively reserved for private investors).
- House Approves Labor Law.
- House Approves Revised VAT Proclamation.
- በአገርውስጥናከአገርውጭነዳጅናጋዝፍለጋየሚያከናውንየመንግሥትኮርፖሬሽንሊቋቋምነው(The gov’t is set to establish both local and abroad oil & gas exploration corporation).
- በኢንቨስትመንትዘርፉየሚስተዋሉችግሮችንለመፍታትየሚያስችልየኢንቨስትመንትአዋጅማሻሻያእየተደረገነው(A new investment proclamation is in due process in hope of abolishing investment bottlenecks).
Archive
- 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.