Ethiopia: Ethio telecom Threatens to Neutralize 2.7 Million Subscription
Ethiopia’s telecom monopole, Ethio-telecom, gave warning for its subscribers using cloned mobile telephone that it will defunct the subscription unless the clients change them within a year.
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National Bank of Ethiopia (NBE) disclosed it has sold 225.3 billion Birr worth treasury bills during the last fiscal year.
Ethiopian Exchange Commodity (ECX) disclosed it had managed to trade 1.7 billion Birr worth commodities during the last month, August.
Dangote Cement PLC, one of the giants in the Ethiopian cement market, disclosed it has made 85.8 million USD during the last fiscal year from its establishment in Ethiopia.
National Bank of Ethiopia (NBE) gave order to private banks in Ethiopia to pay the 15 million USD bill the Ethiopian Shipping Logistics Services Enterprise (ESLSE) to Djibouti’s company. The banks are, according to Fortune, given 3 days to sell the foreign currency to the Enterprise.
