Why Ethiopian Import and Export Traders Are Reluctant to Take Dollars from Banks Despite Cash Availability at Lower Rates
Despite a recent foreign exchange reform by the National Bank of Ethiopia (NBE) and substantial dollar allocations by the Commercial Bank of Ethiopia (CBE),...
Ethio Telecom to Offer 10% Stake to Local Investors via TeleBirr App
Ethio Telecom, the state-owned telecommunications company, has been granted a broker license by the Capital Markets Authority of Ethiopia, enabling the company to sell...
Ethiotelecom’s 10% Public Share Sale: A Turning Point for Ethiopia’s Telecom Market
Ethiotelecom, Ethiopia's state-owned telecommunications giant, has announced plans to begin selling 10 percent of its shares to the public. This marks a historic moment...
Commercial Bank of Ethiopia Allocates Over USD 282 Million in Foreign Exchange After Major Reform
Commercial Bank of Ethiopia Allocates Over USD 282 Million in Foreign Exchange After Major Reform
Addis Ababa, Ethiopia — July 22, 2016
Following the National Bank...
Ethiopia to Introduce Mandatory Licensing for Real Estate Valuers, Enhancing Market Trust
Ethiopia is set to introduce a mandatory licensing system for real estate valuers as part of its new Real Estate Development and Immovable Property...
Proposed Bill Enforces 80% Completion Requirement for Real Estate Sales
Real estate developers who sell houses before construction begins must deposit the money they collect in a closed bank account. They are also prohibited...
