The week of September 15 - September 22, 2020
Macroeconomic News
- Stirring the macroeconomy.
- A mega stride towards national progress.
- Demonetization may spell macroeconomic danger, EEA.
- Experts Say New Currency Notes Will Help Boost Economy.
- The economics of deposit insurance and the rate of exchange in Ethiopia.
- Chamber of Commerce Says New Currency Notes Would Strengthen Business.
- Containing inflation requires thorough economic intervention.
- Ethio-China Relations Grow Rapidly In Politics, Investment And Trade: FM.
- Ethiopia Collects 42.2B Birr Revenue In Two Months.
Sector News—Industry, Agriculture, Services
- Australian Company Expresses Interest in Investing 10 Billion USD in Power Sector.
- Bishoftu Power Distribution Station, A $25M Project, Ready To Go Operational.
- Ethiopia will soon have a Tier 3 national data center.
- Ethiopia Investing In Infrastructural Projects To Meet 2030 Dev’t Goals: FM.
- Digitization of Labour Supply, Matching Database to be Implemented in Industrial Parks.
- Abiy Visits Progress of Koysha Hydropower Project.
- The National Cool Logistics Network is developing a cold-storage facility in Modjo Dry Port.
- ሜቴክ ‹‹ኢትዮ ኢንጂነሪንግ ግሩፕ›› በሚል ስያሜ በድጋሚ ተቋቋመ (METEC re-established as Ethio Engineering Group).
- Rebar procurement draws complaint from manufacturers.
- Government Ends Sugar Subsidy.
- Ethio-Djibouti Railway Vows to Reverse Losses.
- EDR to connect petroleum depot with the main railway line.
- Nation Inaugurates Beliho Point Of Entry At Border Of Djibouti.
- Bottlers Join Forces to Protect Environment.
- New Investments eye Shortages in the Cement Market.
- Private sector engagement for prompt transportation.
- የጥቃቅንና አነስተኛ ማኑፋክቸሪንግ ኢንተርፕራይዞች ምርቶቻቸውን እንዲያሳድጉ የሚያስችል ስምምነት ተፈረመ (Agreement signed to enable micro and small manufacturing enterprises to increase production).
- ራያ ዩንቨርስቲ የስንዴ ምርጥ ዘር እጥረት ለመቅረፍ እየሰራ ነው (Raya University is working to address the shortage of wheat seeds).
- WB Provides 80Mln USD Support for Ethiopia’s Smallholder Farmers.
- Serbian Companies Eager to Invest in Ethiopia, Says Ambassador.
- Authority Generates 870 Mn USD from Export of Coffee, Spices.
- Institute Breaks Ground on Research Centre in Wollo.
- Govt Issues New Tender to Buy 400,000tn Wheat.
- Ethiopia, FAO undertake joint mission to assess Desert Locust situation and ongoing operations.
- EU contributes €2 million to UNICEF to support communities affected by desert locusts in Ethiopia.
- የቤንች ማጂ ቡና አምራች ኅብረት ሥራ ዩኒየን 17 የእሸት ቡና ማጠቢያ ኢንዱስትሪዎችን ወደ ሥራ አስገባ (Benchi Maji Coffee Union launched 17 coffee washing machineries).
- Kenya’s Safaricom eyes new technology, expansion into Ethiopia.
- 4G Advancement in Ethiopia: a milestone in the country’s telecom landscape.
- Ethiopian and Korean Airlines managed to turn a profit this year.
- Ethiopian Civil Aviation Authority advised to restructure itself.
- Ethiopian Airlines Set to Resume Flights to Johannesburg, Cape Town.
- Intelligence Center, Accounting & Auditing Board Sign MoU to Combat Financial Crimes.
- Public Offices to Fully Digitise Services Within Year.
- To Become Digital Society, ICT Ecosystem Comes First.
- DARA at the heart of transaction confirmation.
- PM Travels with Foreign Investors to Zone Endowed with Rich Resources.
- Loyal Tax Payers to get Priority in Service Delivery.
- Japan Provides over 30 Mn USD Relief Aid.
- Korea Provides 5 Mn USD to Support Ethiopia Ease Impact of COVID-19.
- Ethiopia inaugurates its first artificial intelligence center.
- New App to Connect Car Rentals with Travelers.
- Sudanese Investors Arrive in Gondar to Explore Opportunities in Ethiopia.
- የቱሪስት መዳረሻ ቦታዎች ከአንድ ወር በኋላ ለጎብኚዎች ክፍት ይሆናሉ (Tourist destinations will be open to visitors in a month).
Financial News
- Ethiopia’s private banks profit exceeds state giant CBE.
- Reform measures augmenting private banks’ capacity.
- Abay Bank Launches Digital Payment Platform.
- Banks Cease Local Money Transfer Services.
- በምሥረታ ላይ የሚገኘው ሆሳዕና ባንክ የፋይናንስ ኢንስቲትዩት እንደሚያደራጅ አስታወቀ (Hosaena Bank, which is underformation, is organizing a financial institute).
- The history and fresh face of Ethiopian Currency.
- Fixation on use of physical cash is a major barriers for Mobile money in Ethiopia.
- Mobile banking: Cutting-age defense against illicit money flow.
- ሁሉም ባንኮች ለ15 ዓመታት ያልተንቀሳቀሱ ሒሳቦችን ለብሔራዊ ባንክ እንዲያስረክቡ ታዘዙ (All banks ordered to submit accounts that had not been active for the past 15 years to NBE).
- የኢንሹራንስ ሱፐርቪዥን ከብሄራዊ ባንክ ወጥቶ ለብቻው እንዲቋቋም ተጠየቀ (Insurance supervision requested to setup on its own).
Policy and Regulatory News
Archive
- THE WEEK OF SEPTEMBER 8 – SEPTEMBER 15, 2020
- THE WEEK OF SEPTEMBER 1 – SEPTEMBER 8, 2020
- THE WEEK OF AUGUST 25 – SEPTEMBER 1, 2020
- THE WEEK OF AUGUST 18 – AUGUST 25, 2020
- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
- THE WEEK OF JULY 21 – JULY 28, 2020
- THE WEEK OF JULY 14 – JULY 21, 2020
- THE WEEK OF JUNE 30 – JULY 14, 2020
- THE WEEK OF JUNE 23 – JUNE 30, 2020
- THE WEEK OF JUNE 16 – JUNE 23, 2020
- THE WEEK OF JUNE 9 – JUNE 16, 2020
- THE WEEK OF JUNE 2 – JUNE 9, 2020
- THE WEEK OF MAY 26 – JUNE 2, 2020
- THE WEEK OF MAY 19 – MAY 26, 2020
- THE WEEK OF MAY 12 – MAY 19, 2020
- 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.