The week of November 21 - November 28, 2023
Macroeconomic News
- Tax Authorities collect 194 billion Birr in Four months
- Encouraging Results Registered In Controlling Budget Deficit, Debt Payment Restructuring.
- Export earnings drift farther from 2022 high.
- Ethiopia Recognizes The Private Sector As Engine Of Growth: PM Abiy Ahmed.
- State MinFin Discuss with Head of French Treasury’s Direct Financing.
- Ethiopia, Austria Seek Increased Economic Relations.
- EIC Team On A European Tour To Promote Ethiopia’s Investment Opportunities.
- French Companies Exploring Investment Opportunities In Ethiopia.
Sector News—Industry, Agriculture, Services
- Manufacturing Sector Generated Over $72mln In 1st Quarter: Ministry.
- Indian Investors Say Keen To Engage In Manufacturing Sector In Ethiopia.
- Ethiopian, Chinese Investors Break Ground On 6bln Birr Steel Factory In Mekelle.
- Pepsi bottler on verge of shutdown, thousands of jobs on the line.
- Construction Of Ethiopia’s Giant Cement Plant Reaches A Crucial Phase.
- Ethiopia Earns Over 63.6mln USD From Gold Exports In Three Months.
- ወርቅ እንዲያመርቱ ፈቃድ ከተሰጣቸው 13 ኩባንያዎች ሁለቱ ብቻ ሥራ መጀመራቸው ተነገረ (Only two of the 13 companies licensed to mine gold operational).
- Ethiopia Is A Country Endowed With Abundant Mineral Resources: PM.
- Ethiopia Prepares Policy To Harness The Potential Of Mineral Resources.
- Leather Industry Stakeholders Explore Opportunities Emerging from AfCFTA.
- Ministry Formulates Valuation Standards As Property Tax Looms.
- Ethiopian Electric Power Poised for Output Increase.
- IPDC, Partners Sign MoU To Deliver Health Services In Industrial Parks.
- Austria Keen To Collaborate With Ethiopia In Mining, Renewable Energy Sectors.
- Ministry aims to double edible oil production, unveils ambitious plan.
- Ethiopia Aims to Earn USD 135 Million from Meat Export.
- Traders express concern as misinformation on donkey meat consumption impacts market.
- ITC, TRAIDE foster direct trade connections between Dutch coffee buyers and Ethiopian producers.
- Ethiopia, Czech Discuss Expanding Cooperation in Agriculture, Mining.
- Ethiopia Won UNIDO’s Acclaim For Its Success In Agri Based Industrial Dev’t: GCS.
- Ethiopia, The Netherlands Sign MoU For Cooperation In Horticulture, Dairy.
- Ethio Telecom Rolls out 5G Service in Jigjiga City.
- Orange withdraws from Ethio Telecom sale process.
- The Rise of E-commerce in Ethiopia: Opportunities and Challenges.
- Raxio positions Ethiopia as a data epicenter of the horn.
- Counter-drone technology goes live at Bole Int’l Airport.
- Minister Lia Launches Multi-Billion Dollar Health Sector Revamp.
- Off-grid electrification scheme launches with USD340 mln projects.
- Vehicle importers furious as three-year tax ordeal set to end in auction.
- Ethio-Djibouti Railway Surpasses Plan For First Quarter.
- Ethio-Djibouti Railway Exceeds Revenue and Cargo Transport Targets in First Quarter.
- Djibouti Customs Capers Clog Imports.
- Freight forwarders left confused in Djibouti.
- Tourism Gleams New Hope To Tigray.
- ESL to erect strategic dry ports in Hawassa, Moyale.
Financial News
- Tax Dispute Dampens Awash’s Milestone Profit Thrill.
- ኅብረት ባንክ የተጣራ3 ቢሊዮን ብር ማትረፉን አስታወቀ (Hibret Bank announced a net profit of 2.3bn Birr).
- ኅብረት ባንክ አጠቃላይ ሀብቱን 83 ቢሊዮን ብር አደረሰ (Hibret Bank’s total assets reached 83bn Birr).
- አቢሲኒያ ባንክ ካፒታሉን ለሁለተኛ ጊዜ በ5 ቢሊዮን ብር ለማሳደግ ወሰነ (Bank of Abyssinia set to increase its capital by 2.5bn Birr for the second time).
- Navigating Sharia Compliant Insurance.
- Bunna Insurance premiums skyrocket past half billion birr.
- Ethiopia finalises banking liberalisation rules as foreign currency challenges mount.
- Ethiopia aims to cement financial liberalisation with 2024 stock market launch.
- Betting Big on Capital Markets in the Land of Banks, Bureaucracy.
- EthSwitch concludes financial year on a high.
- EthSwitch switches up gear to a national payment gateway.
- Steep rise in borrowers creates capital shortages.
Policy and Regulatory News
Archive
- THE WEEK OF NOVEMBER 14 – NOVEMBER 21, 2023
- THE WEEK OF NOVEMBER 7 – NOVEMBER 14, 2023
- THE WEEK OF OCTOBER 31 – NOVEMBER 7, 2023
- THE WEEK OF OCTOBER 24 – OCTOBER 31, 2023
- THE WEEK OF OCTOBER 17 – OCTOBER 24, 2023
- THE WEEK OF OCTOBER 10 – OCTOBER 17, 2023
- THE WEEK OF OCTOBER 3 – OCTOBER 10, 2023
- THE WEEK OF SEPTEMBER 26 – OCTOBER 3, 2023
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- THE WEEK OF NOVEMBER 28, 2021 – JANUARY 4, 2022
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- THE WEEK OF NOVEMBER 30 – DECEMBER 7, 2021
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- THE WEEK OF FEBRUARY 23 – March 2, 2021
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- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
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- THE WEEK OF NOVEMBER 24 – DECEMBER 1, 2020
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- THE WEEK OF OCTOBER 27 – NOVEMBER 3, 2020
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- THE WEEK OF SEPTEMBER 29 – OCTOBER 6, 2020
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- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
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- THE WEEK OF JULY 14 – JULY 21, 2020
- THE WEEK OF JUNE 30 – JULY 14, 2020
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- THE WEEK OF JUNE 16 – JUNE 23, 2020
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- 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
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- 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.