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 ReformAddis Ababa, Ethiopia — July 22, 2016Following 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...
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...
