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Federation Caught Offside with Questionable Jersey Deal
By Feysel Zakir When the Ethiopian Football Federation announced last month that it would be purchasing jerseys for the national team from a manufacturer in Turkey, it rightfully drew widespread criticism from football stakeholders in Ethiopia. On the surface, spending hundreds of thousands of dollars on overseas kits seems contradictory to both sound economic management […]
Ethiopia Hopes $1 billion Proceeds from Coffee, Brazil Faces Drought
Ethiopia plans to secure one billion dollars from coffee as a drought-hit Brazil faces a fall in production, causing the cost of arabica coffee beans
NBE Hosts IMF Team After Report Signals Turnaround in Ethiopia’s Debt Outlook, Economy
The National Bank of Ethiopia (NBE) hosted the International Monetary Fund (IMF) research team that prepared the World Economic Outlook report. The vi
Nearly 1kg of Cocaine Intercepted from Passenger Arriving from Ethiopia at HK airport
Hong Kong customs officials have scored a major victory in their efforts to curb the flow of illicit drugs through one of Africa’s fastest growi
Shipping Companies Resume Transit Through Red Sea with US-Led Security Support
Shipping companies have resumed transit through the Red Sea after Danish group Maersk and French shipping giant CMA CGM announced their decision amids
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Ethiopia Seeks to Break Central Bank Borrowing Habit Amid Reform Push
Ethiopia’s government is taking steps to wean itself off borrowing from the central bank, a mo
Mercato Traders Strike, Shutting Down Ethiopia’s Commercial Hub in Protest of Mandatory Receipt Policy
The bustling Mercato marketplace has been thrown into disarray as traders in the country’s cap
How Much Are Electric Vehicles Taxed in Ethiopia Now?
In an effort to address the country’s growing budget deficit, the Ethiopian government has int
Central Bank Empowers Exporters, Enables Indefinite Retention of 50% Forex Earnings
The National Bank of Ethiopia has announced a policy change allowing exporters to sell 50 percent of