2merkato

The National Lottery Administration announced that the closure of legal betting houses would not be appropriate. The administration reached this conclusion after conducting a study on the sector. It also emphasized the need to differentiate between legitimate and illegal sports betting establishments.

Addis Ababa City Administration has reported a significant upsurge in revenue for the current year, surpassing the previous year's figures by Birr 21.9 billion.

Ethiopia's Ministry of Industry (MoI) has introduced a new policy that focuses on import substitution as a means to enhance domestic production and reduce dependence on imports. This represents a departure from the previous emphasis on export-led manufacturing.

Zemen Bank has secured a USD 30 million trade finance facility from the International Finance Corporation (IFC), a move aimed at bolstering the country's import and export activities.

The Commercial Bank of Ethiopia (CBE) celebrated the 10^th anniversary of its CBE Noor service, which offers interest-free banking according to Sharia laws.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 23 February 2024.

The Addis Ababa Chamber of Commerce and Sectoral Associations (Addis Chamber) announced the vital role of the Addis-Chamber International Trade Fair (ACITF) in revitalizing Ethiopia's economy through trade sector modernization. Kicking off its 26th edition on February 22, 2024, the fair which is being held at the Addis Ababa Exhibition Center is showcasing local and international products to eager consumers.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 22 February 2024.

The Ethiopian Employers’ Confederation announced the formation of a board to establish a minimum wage for workers in flower farms and industries.

Ethiopian Cooperative Commission has unveiled plans to consolidate 40,000 similar cooperatives into 10,000 entities as part of a comprehensive reform initiative aiming to bolster the financial resilience of cooperative societies and streamline human resource utilization.