Market

Ethiopia Unveils Landmark Shebele Resort in Push for Regional Tourism Hub

Ethiopia officially inaugurated the Shebele Resort in the Somali Region on Saturday, marking a...

Disconnected by Design: Why Christopher Nolan and Haile Gerima Reject the Smartphone

In an era where the smartphone is treated as an extension of the human hand, choosing to step...

Federal High Court Grants Bail to Teddy Afro’s Assistant Manager and Co-Defendants

ADDIS ABABA — The Federal High Court issued its final ruling this afternoon regarding the bail requests of...

Teddy Afro’s 148 Million-View Triumph Highlights YouTube’s Ethiopia Revenue Problem

The release of Teddy Afro’s latest album, Etorika, has not just been a musical event; it is a...

Teddy Afro’s Associates Arrested, Studio Raided After Etorika Album Breaks Records: What We Know

Ethiopia's most celebrated musician, Tewodros Kassahun — known worldwide as Teddy Afro — is at the centre of...
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Ethiopian National Bank Sets Limits on Foreign Currency Purchases: Up to $10,000 for Travelers and Businesses

The National Bank of Ethiopia has introduced new guidelines for acquiring foreign currency within the country, aimed at both Ethiopian nationals and foreign residents....

NBE’s New Forex Rules: 10 Key Points to Know as Birr Drops 30%

Ethiopia's National Bank Issues Comprehensive Foreign Exchange Directive Amid Currency Devaluation The National Bank of Ethiopia (NBE) has released a new directive aimed at regulating...

Ethiopia Implements Market-Based Exchange Rate System

Ethiopia Implements Market-Based Exchange Rate System Addis Ababa, July 2024 - The Ethiopian government has announced the implementation of a market-based exchange rate system, marking...

National Bank of Ethiopia Issues New Directive on Bank Investments

The National Bank of Ethiopia (NBE) has introduced a new directive aimed at regulating the investment activities of banks within the country. This move...
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