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WeeklyEconomic and Business News

The week of March 12 - March 19, 2019

Macroeconomic News


  • Ministry collects record revenue in a month
  • Government requests 33.99 bln birr supplementary budget

Sector News—Industry, Agriculture, Services


  • Regional Economic Giant Ventures into Sugar Production.
  • Authority Binds Industries to Reduce Energy Losses
  • Unilever to manufacture signature toothpaste in Ethiopia
  • French company to build malt house with EUR 70 mln
  • French company to build malt house with EUR 70 mln
  • Government lifts privilege afforded to local rebar producers.
  • Planed cannabis project faces backlash
  • “Green” energy prominent in Ethiopia by 2030 study says.
  • Ethiopia launches national space policy
  • French investors eye renewable energy in Ethiopia
  • Corporation saves USD 21.1 mln in fertilizer purchase.
  • French multinational logistics companies enter Ethiopian market.
  • Macron’s visit brings big deals.

Financial News


  • United Bank Shares Attract Nine Times Par Value.
  • Bunna Pays First Ever Dividend
  • የአገሪቱ ባንኮች ለሦስት ፕሮጀክቶች ከ400 ሚሊዮን ብር በላይ ሊያዋጡ ነው:: (Banks to allot 2.5 percent of their net profit to three projects).

Policy and Regulatory News


  • Central Bank to print 206m Br in Notes.
  • Ethiopia Drafts New Policy To Address Challenges In Mining Sector.

Archive


  • THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.
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