The week of May 12 - May 19, 2020
Macroeconomic News
- Commission to refocus priorities of 10 year development plan.
- Experts Forecast Ethiopia To Experience Over 139 Bn Birr Economic Losses Due To Pandemic.
- Abiy Says Gov’t Committed to Tackle Economic Impacts of COVID-19.
- Gov’t to Launch Fresh Measures as COVID-19 Spillover Effect Extends.
- US Pledges $230m for Multisector Development Projects.
- Ethiopia Tax Revenue increases by US$1B.
- Ethiopia Earns Over $2b From Export In 9 Months.
- የገቢ ንግድ በመቀዛቀዙ በአንድ ወር ብቻ የሦስት ቢሊዮን ብር የጉምሩክ ገቢ ቅናሽ ተመዘገበ (A 3 billion Birr customs revenue reduction recorded in merely 3 months due to import trade slowdown).
- Addis Ababa Creates Over 205,400 Jobs.
- Bureau Announces a 1 Billion Birr Debt Cancellation.
Sector News—Industry, Agriculture, Services
- Cepheus Capital Invests In Lion Brands Of Ethiopia.
- KEFI minerals raises 3.7 mln pounds additional investment for Tulu Kapi gold mine.
- KEFI Minerals Continues Project In Ethiopia Amid COVID 19 Pandemic.
- KEFI Minerals Approval Received from National Bank of Ethiopia for Proposed Debt Finance.
- Abay To Boost Ethiopia’s Cement By 2.5 Million Tons.
- Bottlers request suspension of excise tax, VAT.
- New Salt Plant Begins Operations in Dire Dawa, Ethiopia.
- Ethiopia, Djibouti To Maintain Undisrupted Logistics Services.
- Ambo to Get Irrigation Dam.
- Analysis: COVID-19, desert locust: the twin threats to Ethiopia’s agriculture, rural livelihoods.
- Before COVID-19: Locusts, disease, and floods plague Ethiopia.
- Locusts, disease, and floods plague Ethiopia.
- Ethiopia Secures 104 Mln USD from Coffee Export in April.
- Three firms win deal to supply wheat worth $128m.
- Australia, Russia to supply 500,000 MT wheat.
- Upto 84% of Tree Seedlings Planted Last Year Grown: PM Abiy.
- Three Lots Score 90+ at First Ethiopia Cup of Excellence.
- በኢትዮጵያ የተከሰተውን የበረሃ አምበጣ ለመከላከል 63 ሚሊዮን ዶላር ያስፈልጋል ተባለ (More than $63mn needed to combat desert locust infestation, MoA).
- France to disburse EUR 40 mln to Ethiopia.
- Hospitality, tourism sectors land 3.3 bln bailout fund.
- Hotels in Addis Facing about 35 Mn USD Loss Per Month: Owners Association.
- Mining sector raises 55.4 mln birr for COVID-19 campaign.
- Ethiopian Airlines enhances services with cargo app.
- Ethiopian Airlines CEO ‘optimistic’ on post-pandemic recovery.
- Catch Taxi Assisting Those Serving the Community In a Fight Against Covid-19.
- Ethiopia fights for vibrancy as economy takes Covid hit.
- Agreement Signed To Build Satellite Manufacturing, Testing Center.
- በኤሌክትሮኒክ መንገድ ግብርን መክፈል የሚያስችል ስርአት ተግባራዊ ተደረገ (MoR implements an electronic tax payment system).
- Commission Set to Digitise Labor Market Information System.
Financial News
Policy and Regulatory News
Archive
- 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.