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Business

CBE Introduces Digital Foreign Currency Remittance Service: EthioDirect

The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect. This move by the CBE is aimed at modernizing the process of money transfers and making it more accessible and convenient for customers. According to Ato Abe Sano, the President of CBE, the platform has been designed to

January 30, 2023 • By Addis Insight
Culture

Ethiopian Airlines Announces New Passenger Flight to Copenhagen, Denmark

Ethiopian Airlines, Africa’s leading carrier, is set to launch a new passenger flight to Copenhagen, Denmark as of 22nd of May 2023. The new flight will be operated five times a week except on Tuesdays and Sundays. Regarding the new flight, Ethiopian Airlines Group CEO Mr Mesfin Tasew said, “We are glad to open a

January 30, 2023 • By Addis Insight
Culture

Statement by His Holiness the Holy Patriarch

Statement by His Holiness the Holy Patriarch In the name of the Father, the Son and the Holy Spirit, Amen! On Sunday, January 22, 2022, three popes appointed 26 bishops in violation of the law. The Holy Synod said in a statement on January 26, 2022 that the Fathers held a plenary session on January

January 29, 2023 • By Addis Insight
Opinion

Ethiopian Orthodox Tewahdo Church Should Consider Suing the Government of Ethiopia, Imminently

On 22 January 2023, a group of three “Archbishops” announced the ordination of 26 “bishops”. The conduct violated the cannons of the Ethiopian Orthodox Tewahdo Church, the oldest religious institution in Ethiopia. It also causes uproar from the faithful of the EOTC. The same day, the Patriarch and the General Manager of the Archdiocese of

January 28, 2023 • By Addis Insight
Business

Ethiopian Airlines Ups Accra Schedule As Part Of Wide African Expansion

Ethiopian Airlines is in expansion mode. Not just in terms of long-haul routes to Copenhagen, returning after two decades, or Addis Ababa to Atlanta. Crucially, it has boosted flights on various sub-Saharan African routes. This is primarily part of its third-wave growth, increasing connectivity, choice, and competitiveness. The Star Alliance airline has also enhanced service on routes that leave

January 27, 2023 • By Addis Insight
News

Devastating Results: Only 3% of Ethiopian Students Score Above 50% on National Exit Exam

The low number of students who passed the 2014 grade 12 national exit exam in Ethiopia has sparked concern among government officials and education experts. According to a report by local newspaper Addis Maleda, only 28,000 students out of the 980,000 who took the exam scored above 50%. This means that only three percent of

January 26, 2023 • By Addis Insight
Business

2.5 Billion Birr Hotel: Haile Hotels and Resorts Inaugurates New Addis Ababa Hotel

The Haile Grand Addis Ababa Hotel, built by the Haile Hotels and Resorts Group, was officially inaugurated in October. The hotel, which is located in Addis Ababa and is the group’s eighth hotel, faced obstacles during construction, including the cost of equipment and the challenging topography of the site. Despite these challenges, the hotel was

January 26, 2023 • By Addis Insight
News

Betrayal of the Faith: 26 Copates’ Authority Revoked by Holy Synod

The Holy Synod has passed a decision revoking the authority of 26 Copates of Episcopate appointed by Abba Sawiros, Abba Eustathius, and Abba Zena Markos. The church stated that this appointment was made in violation of the church canon and that it was confirmed by statements given by social and broadcast media. The Holy Synod

January 26, 2023 • By Addis Insight