Feb 16, 2021 | 2M Editor | Latest Business Alerts
Commercial Bank of Ethiopia (CBE), Ethiopia's largest bank, announced that it has raised loan service charge rates to 9.8 percent, from the previous 8.63 percent.
Read moreJan 28, 2021 | 2M Editor | Latest Business Alerts
Ethiopia's Ministry of Trade and Industry announced that it has decided to cut down fuel subsidy to 75 percent, subsequently slightly raising fuel prices so users cover the 25 percent....
Read moreJan 27, 2021 | 2M Editor | Latest Business Alerts
A foundation stone has been laid for the construction of an international airport in the town of Gode, in eastern Ethiopia's Somali region. The new international airport is named "Miraad...
Read moreJan 26, 2021 | 2M Editor | Latest Business Alerts
Efforts will be exerted to enable Mugher Cement Factory to produce cement with full capacity, increasing its production volume and market share, Ethiopia's Minister of Mines and Petroleum Takele Uma...
Read moreJan 25, 2021 | 2M Editor | Latest Business Alerts
Ethiopia's sole telecom services provider Ethio Telecom reported that it has collected $650 million (25.6 billion birr) till the end of December, during the half-year of the current fiscal year....
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