The week of June 11 - June 18, 2019
Macroeconomic News
Sector News—Industry, Agriculture, Services
- Rolling blackout pinches cement industry.
- Premier Permits Gas Companies to Hold Offshore Accounts.
- Ministry scolds exporters about under-invoicing.
- Ethiopia Scales Up ‘Scaling Solar Program’.
- Chinese Firms Vie to Construct Palace Parking Lot, Tunnel.
- Mob Attack Partially Damages Honk Kong Shoemaker.
- New Petroleum Retailer Joins Market.
- Ethiopian workers found to be earning lower than “poverty wages”.
- Over 5b Birr Dire Dawa-Dewele Toll Road Inaugurated.
- አኳሴፍበኪሳራአንደኛዉንፋብሪካዘጋ(AQUASAFE shut one of its plants owing to successive loss).
- ቢጂአይኢትዮጵያዘቢዳርቢራንጠቀለለ(BGI Ethiopia fully owns Zebidar Beer).
- KenGen wins drilling contract for Tulu Moye geothermal project, Ethiopia.
- State projects leave tens of thousands of lives in the balance in Ethiopia – study.
- በግልናበመንግሥትአጋርነትበኃይልማመንጫለመሰማራትየውጭኩባንያዎችፍላጎትእያሳዩነው(Foreign companies are showing interest to take part in power generation projects under PPP platform).
- Justices Overrule Dividend Tax Imposed on Total Ethiopia.
- Ethiopia: Chinese Firm Unveils Solar Technologies.
- Ethiopia, World Bank Sign $500m Grant Agreement.
- Trade Bureau to sell discounted teff.
- The Shade Promises.
- Ethio-Telecom to Be Reorganized Into two Business Processes Prior to Privatization.
- Ethiopian Shipping lines set to modernize services.
- Tourist tax levy looms, hoteliers’ air frustration.
- Startup Ethiopia secures commitments from gov’t, investors.
- Rude Awakening.
- Twenty exporters face severe consequences.
- ITU urges Ethiopia to learn from Nigeria.
- Ethiopia’s first app-based taxi service is expanding into West Africa.
Financial News
Policy and Regulatory News
- Ethiopian Parliament approves telecom liberalization law.
- ብሔራዊባንክበዓይነትለሚገኝየውጭብድርመመርያአወጣ(A new external loan in kind directive issued by NBE).
- Venture capital policy on the horizon.
- Stringent Labor Law Reaches Legislation.
- Forex available for loan to foreign investors as local businesses cry foul.
- የውጭባለሃብቶችበሚዲያውስጥእሰክ25 በመቶድርሻአንዲኖራቸዉየሚፈቅድህግተረቀቀ(Foreign investors to be allowed up to 25% media ownership in Ethiopia).
- Sin tax on beer spikes 45%.
Archive
- 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.