Ethio Telecom Announces Tariff Adjustment Amid Rising Costs and Macroeconomic Pressures
Ethio Telecom has announced a modest adjustment to its telecom tariffs, citing rising operating costs and challenging macroeconomic conditions, while emphasizing its continued commitment...
Dashen Bank Reports Record Revenue of 31.4 Billion Birr, Strengthening Its Position in Ethiopia’s Banking Sector
Dashen Bank has announced a historic financial performance for the recently concluded 2017 Ethiopian fiscal year, recording total revenue of 31.4 billion birr—a remarkable...
Safaricom Ethiopia Raises Data Package Prices by Up to 82%,
Safaricom Ethiopia has introduced a significant revision to its mobile internet packages, increasing costs by 20 percent to 82 percent across several daily, weekly,...
ECMA Grants Securities Dealer License to Gadaa Securities,
The Ethiopian Capital Market Authority (ECMA) has issued a Capital Market Service Provider (CMSP) license to Gadaa Securities Dealer S.C., authorizing the firm to...
Dinaw Mengestu Elected President of PEN America as Organization Faces Intensifying Free Speech Challenges
Ethiopian-American novelist Dinaw Mengestu has been elected president of PEN America, taking leadership of the influential literary and human rights organization at a moment...
Commercial Bank of Ethiopia Signs 27.8 Billion Birr Loan Deal to Fund Housing for Ethiopian Airlines Employees
The Commercial Bank of Ethiopia (CBE) has signed a 27.8 billion birr loan agreement with Ethiopian Airlines to support the construction of residential housing...
