2merkato

Ethiopia Commodities Exchange (ECX) is undergoing a digital transformation with the launch of a new electronic trading system next year.

The National Bank of Ethiopia is revamping its gold buying scheme to combat a decline in official gold supplies. The bank announced significant price hikes for suppliers, hoping to stem the flow of gold into the black market.

The Ministry of Mines fell short of its revenue target for mining activities between 2018 and the first quarter of the current fiscal year (2023/24), according to a report by the Office of the Federal Auditor General.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 19 June 2024.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 18 June 2024.

Ethiopia continues to supply electricity to Sudan despite a significant decrease in daily consumption, according to the Ethiopian Electricity Authority.

The Institute of Ethiopian Standards (IES) has began work to implement a new system that allows manufacturers to purchase essential standards electronically. This shift from a physical to an online platform streamlines access to standards, potentially expediting the production process for Ethiopian manufacturers.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 17 June 2024.

The Ethiopian government has finalized a study on electricity tariff reform, submitted to the Petroleum and Energy Authority. This initiative aims to recover electricity provision costs due to the declining global purchasing power of the dollar.

Ethiopia Commodity Exchange (ECX) announced a trading volume reaching Birr 23.6 billion for the current fiscal year.