Tuesday, April 23, 2024
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News

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...

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...

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...

Gov’t shrivels the black market

38 import items face suspension in new decision Experts opine for stringent regulations in the contraband market as government suspends the import of 38...

Trade ministry lifts price cap of agriculture commodities exports

Following the decline of hoarding of commodities, the Ministry of Trade and Regional Integration (MoTRI) has decided to lift the price cap on agricultural...

Global growth to slow from 6% to 3.2%

The newly released International Monetary Fund (IMF) World Economic Outlook narrows down from its earlier forecast on the global economic growth. Despite the dip...

Ethiopian Airlines

Ethiopian Airlines officially launched its passenger to cargo conversion in collaboration with Israel Airspace Industries by converting a Boeing 767 Aircraft which was operating...

NBE to crack down black market cartels through incentives

The National Bank of Ethiopia (NBE) makes strides in cracking the whip on the parallel market as it rolls out a new incentivized scheme...