The week of July 21 - July 28, 2020
Macroeconomic News
- Close to 3.4 Million Jobs Created Last Ethiopian Fiscal Year.
- Commission reports 330,000 jobs lost to COVID-19.
- Job Loss Due to Covid-19 Crisis Not as High as Initially Thought.
- Ethiopia Plans New Key Rate, Floating Currency to Boost Economy.
- Gov’t to double indirect tax collection.
- Ethiopia, UK Sign £105m Grant Agreements.
- Exports rebound amidst decline in global trends.
- Bucking the trend.
- Ensuring sustainability of the under revival export trade.
- What WTO membership holds for Ethiopian Private Sector?
- ፍትሓዊ የሀብት ክፍፍልን ማስፈንና የዋጋ ግሽበትን በነጠላ አሃዝ ለማቆየት ታቅዷል- አቶ አህመድ ሽዴ (Equitable wealth distribution and single digit inflation to be targeted—Ato Ahmed Shide).
Sector News—Industry, Agriculture, Services
- Nation saves USD 2.8 mln from logistics.
- Ethiopia Displays its Debut Locally Assembled Electric Car.
- A hard-hit beer sector.
- Chinese Firm Secures Delayed Road Project.
- ERA Awards Close To 20bn Birr Road Projects To Contractors.
- Ethiopia starts using Port of Tadjourah.
- Ethiopia, Djibouti advised to co-manage Djibouti Port operations.
- Petroleum Supply Enterprise Finalizes Design of Nation’s Biggest Depot.
- Ethiopia Aspires To Produce 80 Pct Of Construction Materials Locally.
- በቀጣይ አስር ዓመት 4 ነጥብ 4 ሚሊዮን ቤቶች ይገነባሉ ተባለ (4.4mn homes planned to be built over the next 10 years).
- Targeted fertilizer recommendations improve maize productivity in Ethiopia.
- ECX opens local window for soybean.
- Five Companies Vie to Supply Retendered Wheat.
- Teff Disruption Pushes Tigray State Switch to Sorghum.
- Poultry industry incurs 123m Birr in losses.
- Ethiopia, Netherlands Sign Close to 16 Million Euros Grant Agreement.
- Ministries Sign MOU To Advance Coffee Trade.
- Gov’t Reforms To Drive Ethiopia’s Tourism Industry In Long Run, Says JLL.
- Ethiopia: A land with abundant unique tourist destinations.
- Government receives support from Japan, Novartis.
- Novartis reveals plans for a zero-profit COVID-19 drugs portfolio.
- PPP Framework Under Construction – the Big Picture.
- Japan Pledges over 13 Mln USD Grant to Ethiopia to Help Contain COVID-19.
- Month-long internet shutdown cost Ethiopia over $100m: NetBlocks.
- Ethiopian Resumes Flights To Three African Destinations.
Financial News
- Central Bank Introduces Deposit Protection Fund.
- Cooperative Bank of Oromia Reports 1.9 bln Birr Profit.
- ወጋገን ባንክ የ1 ቢሊዮን ብር ትርፍ አስመዘገበ (Wegagen Bank earns 1.1bn Birr profit).
- ኹለት አዳዲስ ማይክሮ ፋይናንስ ተቋማት አገልግሎት መስጠት ጀመሩ (Two new MFIs begin operation).
- በኮቪድ 19 ጫና ለደረሰባቸው ሆቴሎች የብድር መሰጠት ጀመረ (Banks start lending to hotels affected by COVID-19).
- የፕሮጀክት ሐሳቦችን በገንዘብ ለመደገፍ የወጠነው ጃኖ የኢንቨስትመንት ባንክ የምሥረታ ሒደት መጀመሩን አስታወቀ (Jano Bank under formation to fund start-up projects with business ideas).
- Can mortgage banking help address Ethiopia’s rapidly growing demand for housing?
Policy and Regulatory News
- Commission Obliges Import-Export Permit Issuance via E-Service.
- Agency to Establish Landholding Adjudication Advisory Body.
- Bill operationalizes long-awaited warehouse recipient system.
- የግል ድርጅቶች የክፍያ ማሽኖችን ማስተዳደር የሚችሉበት መመሪያ ወጣ (New Directive allows private firms to enter business of providing payment machines).
Archive
- 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.