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Ethio Telecom ups communication quality with VoLTE
By our staff reporterEthio Telecom has announced the launch of Voice over Long-Term Evolution (VoLTE) service following the expansion of 4G network service infrastructure...
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EIH airs concern over proposed public procurement
By Muluken Yewondwossen
The Ethiopian Investment Holdings (EIH) voices out bottleneck concerns over the highly anticipated proposed public procurement proclamation that has been submitted to...
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3rd Djibouti International Trade Fair hosted after 3 year hiatus
By our staff reporter
Graced by the president of Djibouti, the Djibouti Chamber of Commerce hosts the opening of the Third Edition of the Djibouti...
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CBE sharply cuts loan offering to public firms by 94%
By Muluken Yewondwossen
The financial heavy weight bank, Commercial Bank of Ethiopia (CBE), drops disbursing new loans to public firms by 94 percent. Savings also...
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Zemen Bank reports stellar financial results with 43% EPS
Selects Winner for Second Building in Expansion Project of Headquarters
By our staff reporter
Zemen Bank has reported impressive financial results for the 2022/23 fiscal year,...
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Logisticians ecstatic over new delivery capped fees
By Muluken Yewondwossen
Logistics operators in Ethiopia and Djibouti applaud the initiative currently being implemented by the Djibouti Ports and Free Zones Authority (DPFZA) in...
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Berhan bank shareholders left fuming over low dividend yield
By our staff reporter
Shareholders of Berhan Bank expressed their dissatisfaction with the low dividend yield for the recently concluded financial year. At the bank's...
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ESL to erect strategic dry ports in Hawassa, Moyale
By Muluken Yewondwossen
Ethiopian Shipping and Logistics (ESL), a state-owned logistics conglomerate, plans to build one of the largest terminals in Hawassa as part of...
