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Ethiopian Electricity Service Introduces Mobile Recharge System for Prepaid Users
The Ethiopian Electricity Service (EES) has announced the implementation of STS smart single-phase meters under the Unified Prepayment Project, aimed at simplifying electricity payments...
Ethiopian Banks Charge Hidden Fees, Driving Dollar Rate Up to 160 Birr
According to Wazema Radio, certain commercial banks in Ethiopia are charging additional fees beyond the legally mandated costs for foreign currency sales. Several import...
Ato Berhanu Adelo: Once Removed, Now Nominated for EHRC Chief Commissioner
Former member of the House of People’s Representatives, Ato Berhanu Adelo, has been nominated for the position of Chief Commissioner of the Ethiopian Human...
IMF Managing Director Kristalina Georgieva to Visit Ethiopia for High-Level Engagements
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, will undertake a two-day official visit to Ethiopia on February 8 and 9,...
Commercial Bank of Ethiopia to Launch Salary-Based Loans via CBE Birr Plus App
The Commercial Bank of Ethiopia (CBE) has announced that it will soon begin offering salary-based loans to employees of government-owned development institutions through the...
Ethiopian Investment Holdings Plans Global Stock Market Return, Eyes Multinational Investments
Ethiopian Investment Holdings (EIH), the East African nation’s sovereign wealth fund, is poised to make a historic return to the global stock market with...