The week of July 6 - July 13, 2021
Macroeconomic News
- Ethiopia in talks to restructure US$1B more of debt.
- Demystifying HGERA’s progress report.
- HPR Approves Over Half Trillion Birr Budget for Upcoming Ethiopian Fiscal Year.
- Ethiopia Hopes for $1.5b in Foreign Aid to Finance Looming Budget Deficit.
- Bureau targets 20 billion birr in first four months.
- የሰኔ ወር የዋጋ ግሽበት ከፍተኛ ሆኖ ተመዘገበ (Inflation registered to be high in June).
- Scholars Urge Short, Long Term Remedial Measures to Curb Soaring Inflation.
- ጠቅላይ ሚኒስትሩ ስለ ዋጋ ግሽበት ምን አሉ? (What PM said about inflation on his parliament speech?)
- Ethiopia, Italy Ink 258 Million Birr Financing Agreement.
Sector News—Industry, Agriculture, Services
- Komari Beverage introduces Hard Seltzer to local market.
- Three new cement factories to join industry.
- Nation Earns 681 Mln USD from Mines.
- Ethiopia wins major International Court case against Israeli firm ICL.
- Public, Ethiopian Diaspora Raised about 16 Billion Birr for GERD in Ethiopian Fiscal Year.
- ADB Approves over 83 Mln USD Grant to Boost Ethiopia-Djibouti Electric Trade.
- MIDROC Foundation Assets on Auction Bloc.
- Despite low income, Industrial Parks workers remain hopeful; IPDC, EIC say conditions are improving, promise more reforms.
- Ethiopia Obtains Record Annual Revenue of $906 million From Coffee Export.
- Ethiopia’s coffee auction reaps big.
- Ethiopia’s Forest Coffee Initiative – an initiative by to protect and promote Ethiopia’s Arabica coffee.
- Desert locusts swarm North Eastern Ethiopia.
- Over 4.5 Billion Seedlings to be Planted along Nile Basin.
- የግብርናውን ዘርፍ በቴክኖሎጂ በመደገፍ ምርታማነትን ማሳደግና ለማምረቻው ዘርፍ ግብዓት እንዲሆን ማድረግ ላይ በትኩረት እየተሰራመሆኑ ተገለፀ (Efforts underway to support the agriculture sector via technology to boost productivity and provide input to the manufacturing sector).
- Addis to have special economic zone by 2022.
- Ethio telecom reaches six million customers via Telebirr.
- ኢትዮ ቴሌኮም ከአዲስ አበባ ውጪ በ65 ከተሞች የኢንተርኔት ማስፋፊያ መተግበሩን አስታወቀ (Ethio telecom expands the internet outreach to over 65 cities outside Addis).
- eGP, the new face of public procurement.
- With Digital Transaction Directive, CBE to Consolidate Further.
- Stakeholders formulating legal framework to utilize Berbera port.
- Convention to Strengthen Research, Technology and Industry Linkage Underway.
- Commission envisions Oromia preferred tourist destination.
- ኢትዮጵያ ኮቪድ 19 ካሳደረው ተፅዕኖ ለመላቀቅ ከተለያዩ ሀገራትና ድርጅቶች ጋር በትብብር እየሰራች መሆኑን አስታወቀች (Ethiopia working with various countries and organizations to overcome the impacts of Covid 19).
- የውሃ ትራንስፖርትን ማስፋፋት እና የትራንስፖርት ዘርፉን ማዘመን በ10 ዓመቱ መሪ የልማት ዕቅድ ልዩ ትኩረት ተሰጥቶታል ፦ክብርትሚኒስትር ወ/ሮ ዳግማዊት ሞገስ (Expanding Water Transport and Modernizing the Transport Sector a priority in the 10 year development plan:- Dagmawit Moges).
Financial News
- CBE marks historical profit recordings.
- ንግድ ባንክ ከታክስ በፊት ከ20 ቢሊዮን ብር በላይ አተረፈ (CBE earns over 20 billion birr before tax).
- At the top of the ladder : Awash Bank’s annual growth of 5.58 billion Br.
- Awash nets billions in profit.
- አቢሲኒያ ባንክ ከዓምናው የ8 ቢሊዮን ብር ብልጫ ያለው ትርፍ አስመዘገበ (Bank of Abyssinia profit surged by more than 1.8bn Birr compared to last year).
- Ahadu Bank Takes Shareholders to Next Step.
Policy and Regulatory News
Archive
- THE WEEK OF JUNE 29 – JULY 6, 2021
- THE WEEK OF JUNE 22 – JUNE 29, 2021
- THE WEEK OF JUNE 15 – JUNE 22, 2021
- THE WEEK OF JUNE 8 – JUNE 15, 2021
- THE WEEK OF JUNE 1 – JUNE 8, 2021
- THE WEEK OF MAY 25 – JUNE 1, 2021
- THE WEEK OF MAY 18 – MAY 25, 2021
- THE WEEK OF MAY 11 – MAY 18, 2021
- THE WEEK OF MAY 4 – MAY 11, 2021
- THE WEEK OF APRIL 27 – MAY 4, 2021
- THE WEEK OF APRIL 20 – APRIL 27, 2021
- THE WEEK OF APRIL 13 – APRIL 20, 2021
- THE WEEK OF APRIL 6 – APRIL 13, 2021
- THE WEEK OF MARCH 30 – APRIL 6, 2021
- THE WEEK OF MARCH 23 – MARCH 30, 2021
- THE WEEK OF MARCH 16 – MARCH 23, 2021
- THE WEEK OF MARCH 9 – MARCH 16, 2021
- THE WEEK OF MARCH 2 – MARCH 9, 2021
- THE WEEK OF FEBRUARY 23 – March 2, 2021
- THE WEEK OF FEBRUARY 16 – FEBRUARY 23, 2021
- THE WEEK OF FEBRUARY 9 – FEBRUARY 16, 2021
- THE WEEK OF FEBRUARY 2 – FEBRUARY 9, 2021
- THE WEEK OF JANUARY 26 – FEBRUARY 2, 2021
- THE WEEK OF JANUARY 19 – JANUARY 26, 2021
- THE WEEK OF JANUARY 12 – JANUARY 19, 2021
- THE WEEK OF JANUARY 5 – JANUARY 12, 2021
- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
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- THE WEEK OF NOVEMBER 17 – NOVEMBER 24, 2020
- THE WEEK OF NOVEMBER 10 – NOVEMBER 17, 2020
- THE WEEK OF NOVEMBER 3 – NOVEMBER 10, 2020
- THE WEEK OF OCTOBER 27 – NOVEMBER 3, 2020
- THE WEEK OF OCTOBER 20 – OCTOBER 27, 2020
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- THE WEEK OF OCTOBER 6 – OCTOBER 13, 2020
- THE WEEK OF SEPTEMBER 29 – OCTOBER 6, 2020
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- THE WEEK OF SEPTEMBER 8 – SEPTEMBER 15, 2020
- THE WEEK OF SEPTEMBER 1 – SEPTEMBER 8, 2020
- THE WEEK OF AUGUST 25 – SEPTEMBER 1, 2020
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- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
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- THE WEEK OF JUNE 30 – JULY 14, 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
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- THE WEEK OF JANUARY 8 – JANUARY 14, 2020
- THE WEEK OF DECEMBER 31 – JANUARY 8, 2020
- THE WEEK OF DECEMBER 24 – DECEMBER 31, 2019
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- 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
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- THE WEEK OF JULY 2 – JULY 9, 2019
- THE WEEK OF JUNE 25 – JULY 2, 2019
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- 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.