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Shared financial security in the works to combat hacks
The national switch, EthSwitch which is undertaking a facility of massive technology based financial activities, commences a project to implement a shared security operation...
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EIH invests big in Djibouti’s new mega oil terminal
The recently formed sovereign wealth fund (SWF), Ethiopian Investment Holdings (EIH), crosses the border to hold stake in a lucrative mega logistics facility in...
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Tax-payers critic recognition metric
Tax payers express grievances on the recent Ministry of Revenues tax payer’s recognition, while the ministry unequivocally states that the common denominator is not...
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New regulation in the works as Ethiopost revitalizes operation
A new postal regulation is in the making to govern postal and courier services to replace the first Postal Proclamation (Postal Proclamation No.240/1966) by...
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Public backs gov’t to weed out black market culprits
The National Bank of Ethiopia (NBE) discloses that a flow of tips are streaming in from the public, following its call of cooperation to...
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Development of a seed reserve system in the pipeline
The formation of a seed reserve system has been included on the seed proclamation that was tabled for amendment from the former law.
The draft...
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Taskforce gets established to whip black market cartels
A task force comprising relevant security bodies and the National Bank of Ethiopia (NBE) gets established to crack a whip on illicit financial activities...
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Amendment revisions underway to welcome foreign fintech firms
The national payment system proclamation amendment which will allow foreign investors to play as a payment system operator or instrument issuer has been filed...
