Business

News Alert:  Central Bank Lifts Restrictions Placed on Bank Transfers 

The National Bank of Ethiopia lifts the limit placed on bank transfers. It was a rule introduced to discourage players in the informal exchange market. Customers of banks were not allowed to make more than five bank transfers a week since the beginning of last year. Frezer Ayalew, Director of Banking Supervision at the National

January 11, 2022 • By Addis Insight

Business

National Bank of Ethiopia Lifts Restrictions Weekly Bank Transfer Limit

The National Bank of Ethiopia lifts the weekly transfer limit placed on bank transfers. The restriction was imposed restrain & discourage agents who are engaged in the black market. Bank customers were not allowed to make more than five bank transfers a week since the beginning of last year. Frezer Ayalew, Director of Banking Supervision

January 11, 2022 • By Addis Insight

Ethiopian War

Prime Minister Abiy held talks with President Biden

Prime Minister Abiy Ahmed has announced that he held talks with US President Joe Biden on current affairs. During his phone conversation with the President, the Prime Minister also discussed bilateral relations and regional issues. The Prime Minister also said that constructive participation based on mutual respect is of great benefit to the two countries.

January 10, 2022 • By Addis Insight

Sport

The Ethiopian national football team lost its first match to Cape Verde

  The Ethiopian national football team has lost its first match of the Africa Cup of Nations (Cameroon) against Cape Verde. In the 12th minute, Yared was sent off for a foul. As a result, the national team finshes with 10 players. In the 45th minute, Cape Verde’s Tavarez scored to move three points clear

January 9, 2022 • By Addis Insight

News

Defense Forces Inaugurates New Headquarter

Defense Forces Graduation Ceremony and Special Heroes Ceremony A ceremony was held at the Defense Headquarters building in Addis Ababa. The ministry’s new building covers an area of ​​13,000 square meters and has five floors and more than 700 offices. It includes meeting halls, libraries, research centers and an organized information center. The inauguration ceremony

January 9, 2022 • By Addis Insight

Ethiopian War

Important points from Eritrean President Isaias Afeworki interview

Translated by Paulos Sory I asked Debretsion why they were preparing for battle in Humera. We have evidence that the TPLF plans to target more than 100 locations in Eritrea. The TPLF’s adventure was a miscalculation. In the first week of November 2020, more than 5,000 Ethiopian troops crossed the Eritrean border. We did not

January 8, 2022 • By Addis Insight

News

UN Secretary-General welcomes the release of political prisoners

UN Secretary-General Antonio Guterres says he welcomes the release of several prisoners, including key opposition figures in Ethiopia. “I support all parties to work together to end the conflict and reach a lasting ceasefire, as well as a credible and comprehensive national dialogue and reconciliation process,” he said. Guterres: I will work with all stakeholders

January 8, 2022 • By Addis Insight

Ethiopian War

Ministry of Justice dropped charges against Sebhat Nega and Senior TPLF officials

Ministry of Justice announced today, the ministry has dropped charges against Jawar Siraj Mohammed and Eskinder Nega in the Federal High Court on terrorism and terrorism charges. The lawsuit was filed to increase the effectiveness and inclusion of the upcoming National Consultative Forum process. The Ministry of Justice announced tonight that six individuals’ charges dropped

January 7, 2022 • By Addis Insight

News

Breaking: Eskinder Nega and controversial prisoners to be released

The opposition Balderas for Genuine Democracy founder Eskinder Nega, and his colleagues’ were released this afternoon. Following Prime Minister Abiy Ahmed’sAhmed’s statement in the spirit of Ethiopian Christmas, Gena noted the need for “national reconciliation.” He noted, “Because it will enable us to maintain our unity, it’s a given that Ethiopia will benefit from reconciliation,”

January 7, 2022 • By Addis Insight

News

Eskinder Nega & Jawar Mohammed to be released today

Breaking News According to Wazema Radio, other prisoners, including Jawar Mohammed, Bekele Gerba and Eskinder Nega, will be released today.

January 7, 2022 • By Addis Insight