Dawit Taye

Fisseha Eshetu (MD) Fisseha Eshetu (MD) is the former President and owner of the first private university, Unity University, in Ethiopia. Apart from owning the...

A new draft proclamation prepared by the Ministry of Trade to govern national and regional chambers of commerce ignores city/town level chambers of commerce and eliminates sectoral associations.

The National Bank of Ethiopia (NBE) has approved the appointment of Melaku Kebede, who was serving United Bank as a senior Deputy CEO –Strategy &Technology, as the new Acting Chief Executive Officer (CEO) replacing Taye Debekulu, who has led the bank for six years.

The National Bank of Ethiopia (NBE) has lifted its yearlong mandatory requirement imposed on private banks to purchase bonds from the Development Bank of Ethiopia (DBE).

The illicit fuel trade in the capital Addis Ababa and regional towns caused gasoline shortage.

Wegagen Bank has become the third private bank in the industry to gross a billion birr profit before tax following Awash and Dashen banks. Wegagen profited 1.05 billion birr before tax.

Standing at the tenth year of its establishment, Oromia International Bank registered a record 140 percent growth in its gross profit level bagging 938 million birr in the FY 2017/18.

The Addis Ababa Chamber of Commerce elected Mesenbet Shenkut for president in its October 25, 2018 general assembly. She will serve as president for the coming two years. Mesenber emerged victorious by garnering 419 votes out of 1050 casted, while her rival Salhadin Kelifa got 276 votes.

The Development Bank of Ethiopia (DBE), the mammoth state-owned development banker, has reported a marginal increase in its net profit as its nonperforming loans (NPLs) basket reaches a historical high of 40 percent, The Reporter has learnt.

The head of the Addis Ababa City Roads Authority (AACRA), Habtamu Tegegn has been appointed to lead the Ethiopian Roads Authority (ERA) replacing Araya...