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National Bank of Ethiopia Holds Policy Rate at 15% to Curb Inflation and Boost Stability
Addis Ababa, December 31, 2024The Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) held its inaugural meeting to evaluate the nation’s...
Tax and Tensions: Ethiopia’s Car Market Faces Unprecedented Challenges
After the shift to a market-based foreign exchange system, importers have become one of the hardest-hit groups in Ethiopia's economy. The floating exchange rate...
ZamZam Bank, an Emerging Bank, Weighs In on What Foreign Bank Entry Means for Ethiopia
This year, Ethiopia’s economy will invite optimistic phenomena as the nation takes bold steps to reshape its financial landscape. The shift to a floating...
The Grand Palace Museum Officially Opens for Public Visits
Addis Ababa, December 29, 2024 – The Prime Minister’s Office has officially announced the opening of the Palace Museum for public visits, marking a...
Ethiopian Airlines Among Five Sanctioned for Passenger Rights Violations by NCAA
The Nigerian Civil Aviation Authority (NCAA) has sanctioned Ethiopian Airlines alongside four other carriers for breaching passenger rights, marking a significant regulatory intervention aimed...
The Ethiopian Human Rights Council, a 33-Year-Old Human Rights Organization, Suspended
The Ethiopian Human Rights Council (EHRCO), a key player in Ethiopia’s human rights advocacy for over three decades, has been ordered to suspend its...