2merkato

The Ministry of Finance (MoF) has suspended the implementation of a Ministry of Revenue (MoR) decision that would have required domestic fruit drink manufacturers to pay several years of backdated excise taxes, penalties, and interest.

Wegagen Capital Investment Bank (WCIB), Ethiopia’s first licensed private investment bank, has announced plans to broaden its operations to include wealth and portfolio management services, as well as environmental, social, and governance (ESG) aligned and Shariah-compliant financial products.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 03 October 2025.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 02 October 2025.

Prime Minister Abiy Ahmed today inaugurated the first phase of the Ogaden Liquified Natural Gas (LNG) Project in Calub, Somali Region of Ethiopia. The facility, with an annual production capacity of 111 million liters, marks a milestone in Ethiopia’s drive to harness its natural gas reserves for national development.

The Ethiopian Capital Market Authority has officially announced the licensing of three new capital market service providers, expanding the number of licensed firms from eight to eleven.

Debre Berhan City has reported strong investment growth in the first quarter of 2024/25, with 24 investors securing new licenses and registering a combined capital of Birr 2.6 billion.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 01 October 2025.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 30 September 2025.

Abyssinia Bank has announced that it earned Birr 10.1 billion in unaudited profit during the 2024/25 fiscal year. This represents a 91.4 percent increase compared to the previous fiscal year. The announcement was made during the Bank’s 29th Annual General Meeting of Shareholders.