Market

Ethiopian Airlines Flight to Dubai Returns Safely to Addis Ababa After Technical Issue

Addis Ababa, December 14, 2024 – Ethiopian Airlines flight ET 612, en route from...

EBC Announces Premiere of Fikir Eske Mekabir Following Court Decision

Addis Ababa (EBC) – The Ethiopian Broadcasting Corporation (EBC) has announced the upcoming premiere of the much-anticipated movie...

Ejigayehu “Gigi” Shibabaw Joins Global Musical Legends in Epic Gladiator 2 Score

Renowned Ethiopian singer Ejigayehu Shibabaw, professionally known as Gigi, is among the diverse group of vocalists featured on...

From Directions to Connections: How Konta’s TikTok Fame Is Redefining Ethiopian Marketing

Viral by Chance, Famous by Choice: The Rise of Ethiopia's Unintentional TikTok Superstars Why focus only on the negatives...

Ethio Telecom and MwareTV Launch IGADO+: A New Affordable, Localized Streaming Service in Ethiopia

MwareTV, a Dutch provider of cloud-based TV platforms, has introduced IGADO+, a new video streaming service specifically developed...
spot_img

Birr Falls 58 % to 90.78 as Dashen Bank Takes the Lead in Currency Float

Ethiopia recently made a significant shift in its monetary policy by floating its currency, the birr. This move has led to a sharp devaluation,...

Ethiopia’s Birr Plummets by 82% to 103.94: CBE Leads the Charge in Currency Float

Ethiopia recently made a significant shift in its monetary policy by floating its currency, the birr. This move has led to a sharp devaluation,...

Prime Minister Calls Banks’ Efforts Inadequate in Closing the Exchange Rate Gap with the Black Market

In a recent address to various segments of the public, including regional leaders, ministers, and investors, Prime Minister Abiy Ahmed urged Ethiopian banks to...

Ethiopia Announces 300% Salary Increase for Low-Income Government Employees

Salary Increase for Government Employees: A Response to Economic Challenges In a recent address, Prime Minister Abiy Ahmed (Dr.) outlined significant salary revisions for government...

5 Things to Know About the National Bank of Ethiopia’s New Foreign Exchange Guidelines

The National Bank of Ethiopia (NBE) has released a comprehensive new guideline to regulate the country's foreign exchange market, set to take effect on...

Ethiopia’s National Bank Aligns Gold Prices with Global Market Rates in New Payment Policy

The National Bank of Ethiopia has implemented a new policy for purchasing gold, which links the payment to the daily international gold price and...
spot_img