More stories
in Politics, The ReporterFull acquisitions on table for foreign entrants: draft banking proclamation
The Reporter By Ashenafi Endale Bill proposes to allow banks to hire foreign nationals The Council of Ministers has forwarded to Parliament a draft Banking Business Proclamation that envisages permitting foreign banks full or partial ownership of domestic commercial banks. The draft tabled to lawmakers […] More
- in Opinion, Politics, The Habesha
From Nobel Peace Prize to Civil War: The Captivating Saga of Ethiopia’s Leader
The Habesha By Tom Gardner When Abiy Ahmed took power in Ethiopia, he was feted at home and abroad as a great unifier and reformer. Two years later, terrible violence was raging. How did people get him so wrong? ‘I’m sorry, I don’t know anything […] More
Excuse and Clarity On My Previous Commentary (by Meskerem Abera)
Borkena Meskerem Abera (Kaliti Prison, Ethiopia) Early 20thC typified world politics by the increased importance of non-state actors. International, continental, regional and sub-regional organizations are among the major non-state actors. The formation of the League of Nations witnessed a remarkable breakthrough to attenuate the long-aged […] More
Taking Ethiopian Music on the Global Stage was My Mission
Ethiopian Business Review Mulatu Astatke, the “Father of Ethio-Jazz,” is an iconic musician and cultural ambassador whose innovative blend of Ethiopian musical heritage and jazz improvisation has captivated audiences worldwide. While there’s no exact starting date, Mulatu Astatke’s musical interests emerged in the early 1950s […] More
Ethiopia amasses 209 mln USD from coffee export in 1 month
The Ethiopian Herald Some 209 million USD was secured from coffee export in a month alone, the Ethiopian Coffee and Tea Authority (ECTA) revealed. Speaking to the Ethiopian Press Agency (EPA), ECTA Public Relations and Chief Communication Officer Shalemariam Gebremedhin stated that the stated amount […] More
Budgetary Tightrope Stroll!
Fortune Last week, lawmakers received a 971.6 billion Br budget bill strained by high domestic debt servicing costs. This comes amidst hopes for restructuring external debt following Ethiopia’s first-ever default earlier this year. The budget reflects the country’s macroeconomic instability, with a modest 21.1pc expansion […] More
Auditor General exposes rampant financial mismanagement, massive overdue receivables
Addis Standard On Tuesday, 18 June, 2024, Meseret Demisse, the head of the Office of the Federal Auditor General, presented a startling report to the House of Peoples’ Representatives. The audit revealed significant overdue government income, tax revenue arrears, and unaccounted illegal expenses involving 162 […] More
- in All Ethiopia, Politics
Eritrean Soldiers Continue to Control Schools in Tigray’s Erob Woreda
The Erob Woreda Educational Bureau has reported that these 23 schools, previously under its administration, have been controlled by Eritrean soldiers for over three years. The current conditions of the students in these schools are unknown More
Ethio Telecom to prioritize local bidders for 10% stake
Mobile World Live By Hana Anandira The Ethiopian government reportedly halted a process to potentially offload a 45 per cent stake in Ethio Telecom to foreign bidders, as local investors begin to show a bigger appetite, Bloomberg reported. CEO at Ethiopian Investment Holdings Abdurehman Eid […] More
Ethiopia to Pursue Transitional Justice Through Independent Justice Process
Ethiopian News Agency Ethiopia’s State Minister of Justice, Belayhun Yirga said the government is committed to a neutral and professional transitional justice process, avoiding any intervention that could compromise its integrity. Ethiopia has made various attempts to resolve human rights violations, conflicts, unwarranted narratives and […] More
- in Opinion, Politics, The Habesha
An Open Letter to The Ethiopian Public, on The Creation of the Transitional Government of Ethiopia
The Habesha By Daniel Kendie (Professor in the History department at Prairie View A&M University) To begin with, in today’s Ethiopia, unemployment, mass hunger, corruption, and social unrest happen to be the fundamental causes of lack of peace and stability in the country. Yet, alienated and marginalized individuals exploit such conditions […] More
Rights groups challenge CBE’s ‘name and shame’ policy, describe it as a ‘violation of privacy law’
CBE initially disclosed that a “system glitch” had exposed a maximum of 801.4 million birr to potential misappropriation. According to CBE President Abe Sano, the incident involved 25,761 customers who withdrew cash from ATMs or made digital transfers during the glitch. More
Load More
Congratulations. You've reached the end of the internet.