2merkato

Siket Bank S.C. has announced a strong performance for the 2023/24 fiscal year, recording a net profit of Birr 1.54 billion and total assets of Birr 15.9 billion, reflecting a 30% growth. The bank's results were shared by Board Chairperson Tilahun Worku during the 2^nd Stakeholders Ordinary General Assembly on Saturday last week, where he addressed board members, shareholders, and directors.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 10 December 2024.

The Ministry of Revenues and Birhan Ena Selam Printing Enterprise have signed a memorandum of understanding (MoU) to introduce QR codes on tax receipts, marking a significant step toward improving tax collection efficiency and curbing the circulation of counterfeit receipts in Ethiopia.

Oromia Insurance Company (OIC) has announced strong financial results for the fiscal year ending June 30, 2024. Despite the challenges posed by a volatile economic environment, OIC reported a 28% increase in gross written premiums, reaching Birr 2.15 billion.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 09 December 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 06 December 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 05 December 2024.

Ethiopia’s coffee export sector continues to deliver results, with the Ethiopian Coffee and Tea Authority announcing that the country earned over USD 674 million from coffee exports in the first four months of the current fiscal year.

ZamZam Bank, Ethiopia's premier fully interest-free banking institution, has entered into a strategic partnership with Santim Pay. The agreement, signed today by officials from both organizations, aims to provide seamless and accessible payment solutions to customers across various sectors.

Ethiopian Investment Holdings (EIH) has expanded its portfolio by incorporating eight key government institutions, further enhancing its role in managing and transforming state-owned enterprises.