Corporation set to pay dividends for the first time The Ethiopian Construction Works Corporation (ECWC), one of the state-owned enterprises under Ethiopian Investment Holdings (EIH), has overhauled its leadership and board structure, with the reshuffle marking the latest in a series of corporate reforms across government-owned firms. The decision includes the...
The Ethiopian Media Council has set a tribunal aimed at looking into ethical and operational issues concerning journalists and media outlets in the country. The regulation governing the tribunal was approved by members of the Council on Tuesday, January 1, 2022, at Inter Luxury Hotel, Addis Ababa.
Officials at the National Bank of Ethiopia (NBE) rejected the pleas of hospitality establishments to extend the loans borrowed from commercial banks in the aftermath of the coronavirus pandemic.
The Addis Ababa Chamber of Commerce and Sectoral Association finalized a feasibility study to establish a dedicated television and radio stations to the tune...
Political parties in the country ratified a directive governing discussions among them under the auspices of the National Election Board of Ethiopia (NEBE). This was done at a consultative meeting held with the Board on Wednesday, February 2, 2022 at Radison Blu Hotel, Addis Ababa.
Current forex reserve estimated at USD 3.4 billion Research groups projected Ethiopia’s economy to accelerate this year, with hopes that the negotiations to end the...
The exclusion of Ethiopia from the African Growth and Opportunity Act (AGOA) is intended to stop human-rights abuses in Tigray, but there is little evidence that such measures affect the behavior of political elites. Instead, they limit options for low-skilled workers and damage bilateral relationships.
When it comes to the consumption of products that have substitutes, the majority of people do not care which brand they get as long as it gets the job done.