Ride Raises Fare to 130 Birr: How Fuel Reforms Impact Your Ride
Ride Transport Service has announced a price increase following the recent fuel and economic reforms. The service, which initially charged 100 Birr, has now...
Ethiopia Opens Doors: 20 Global Firms Licensed in Retail and Wholesale Sector
After the announcement of a new directive allowing foreign investors to engage in wholesale and retail business in Ethiopia, 71 international companies have expressed...
Minibus Operators Face Uncertain Future Amid New Licensing Threat
The Ethiopian Ministry of Transport and Logistics has introduced a strict new directive to improve public transportation safety and efficiency in line with Addis...
Ethio Telecom Hikes International Call Rates by 658% Amid Rising Costs
Ethiopia’s state-owned telecom provider, Ethio Telecom, has announced a significant tariff increase across its services, citing rising operational expenses due to the country’s new...
Ethiopian Communications Authority Introduces New License Fees for Internet and Telecom Service Providers
The Ethiopian Communications Authority has issued a new directive, setting out license fees for companies applying to become internet service providers (ISPs), with costs...
National Bank of Ethiopia Allocates $175 Million to Support Foreign Exchange Market
Addis Ababa, October 3, 2024 – The National Bank of Ethiopia (NBE) has announced a major allocation of $175 million to the foreign exchange...
