Ethiopian Bank Offers Gold to the Local Market
The National Bank of Ethiopia announced plans to offer gold to the local market in the next few weeks. The bank will sell
the gold at current international prices and an additional 0.5% service charge.
Goldsmiths and jewelers will be required to purchase raw gold from the central bank according to a directive issued by the Ministry of Mines. This is expected to curb other sources of gold.
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and Exhibition in Ethiopia. The conference and exhibition will be held in Addis Ababa from the 16th to the 18th of February next year.
