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Ethiopian Business Daily

@Ethiopianbusinessdaily
Гео и язык канала: Эфиопия, Английский

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Ethiopian Business Daily

29 Jan, 16:31

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The Ethiopian Commodity Exchange (ECX) has launched its advanced online trading platform, enhancing its services like never before. What does this mean for the market?

Find out in this week's newsletter—plus more news and key data insights you don’t want to miss!

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Source: linkupbusiness
@Ethiopianbusinessdaily
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Ethiopian Business Daily

29 Jan, 14:19

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Takele Uma, CEO of the Ethio-Djibouti Railway (EDR) Share Company, has announced that public passenger train services will commence in February 2025. In a statement posted on his Facebook page, Takele shared, “We are delighted to inform you that the Ethio-Djibouti Railway will commence public passenger transport services via train on our online booking platform starting in February 2025.”

Takele emphasized that all passengers will be required to present a valid National ID (Fayida) for both online booking and boarding. “This is essential for ensuring accurate passenger information and facilitating a hassle-free journey,” he said.

An online booking platform is set to launch in the coming weeks, allowing travelers to plan and secure their tickets in advance. This move is expected to boost economic growth and improve mobility between Ethiopia and Djibouti.

Source: linkupbusiness
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Ethiopian Business Daily

29 Jan, 12:01

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በአዲስ አበባ የትምህርት ማስረጃ ማጣራት ሥራ በአፋጣኝ እንደሚጀመር ተገለጸ።

የአዲስ አበባ ከተማ አስተዳደር የፐብሊክ ሰርቪስና የሰው ሀብት ልማት ቢሮ ከአመራር እስከ ሰራተኛ ድረስ የትምህርት ማስረጃ ማጣራት ሥራ በአፋጣኝ እንደሚጀመር ገልጿል።

ቢሮው የትምህርት ማስረጃ የማጣራት ስራ ለማከናወን እና የተቀናጀ የመረጃ አያያዝ ስርዓት ኢስሚስ አተገባበር ላይ ከተቋማት ከተውጣጡ የሰው ሀብት አስተዳደር ዳይሬክተሮች ጋር ውይይት አካሂዷል፡፡

በዚህ ወቅትም በከተማ አስተዳደሩ ከ90 ሺ በላይ የሚሆነው የመንግስት ሰራተኛ የመጀመሪያ ዲግሪና ከዛ በላይ የትምህርት ማስረጃ ያለው መሆኑን በቢሮው የሰው ሀብት ስራ አመራር ዘርፍ ኃላፊ አቶ መላኩ ታምሩ ገልጸዋል።

Source: tikvahethmagazine
@Ethiopianbusinessdaily
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Ethiopian Business Daily

29 Jan, 10:03

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በኢትዮ ጅቡቲ ባቡር መስመር ለመጓዝ ፋይዳ መታወቂያ ማቅረብ ግዴታ ሊሆን ነው።

የኢትዮ ጅቡቲ ምድር ባቡር አክሲዮን ማህበር ከየካቲት 2017 አ.ም  ጀምሮ በኢትዮ ጅቡቲ ባቡር መስመር ለመጓዝ ተጓዦች ፋይዳ መታወቂያ ማቅረብ እንዳለባቸው አስታውቋል።

ዋና ስራ አስፈፃሚው ኢንጂነር ታከለ ኡማ ከየካቲት 2017 ጀምሮ በኦንላይን ቦታ በማስያዝ የህዝብ መንገደኞች ትራንስፖርት አገልግሎት መስጠት እንደሚጀምር ነው የገለጹት።

በዚህም ጥራት ያለዉና እና ቀልጣፋ የጉዞ አገልግሎት  ለመስጠት፣ ትክክለኛ የመንገደኛ መረጃን ለማረጋገጥ እና ከችግር የጸዳ ጉዞን ለማመቻቸት እንዲሁም የሀገር ውስጥ ተሳፋሪዎች ቦታ ለመያዝም ሆነ ለመጓዝ ብሔራዊ መታወቂያ (ፋይዳ) ማቅረብ በመስፈርትነት መቀመጡን ነው ያስታወቁት።

በኢትዮ ጅቡቲ ባቡር ትራንስፖርት ባለፉት 6 ወራት 165 ሺህ 639 መንገደኞችንና 934 ሺህ ቶን ጭነት ማጓጓዝ መቻሉን የትራንስፖርት እና ሎጂስቲክስ ሚኒስትር መረጃ ያሳያል።

Source: tikvahethmagazine
@Ethiopianbusinessdaily
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Ethiopian Business Daily

29 Jan, 08:00

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Ethiopia's electric vehicle (EV) industry is under pressure from import competition, rising taxes, and unclear policies. Assemblers cite high taxes, foreign exchange instability, lack of financing, and insufficient insurance as major problems.

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Source: addisfortune
@Ethiopianbusinessdaily
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Ethiopian Business Daily

28 Jan, 17:00

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ERA projects stall amid rising costs, inflation pressures on contractors

The Ethiopian Roads Authority (ERA) has reported significant challenges in the completion of road projects due to rising costs affecting contractors. Inflation has exacerbated delays and hindered overall project performance, making it increasingly difficult for contractors to secure necessary financing.

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Source: capitalethiopia
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Ethiopian Business Daily

28 Jan, 15:04

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የቤቶችን የገንዘብ ችግር ለመቅረፍ የቤቶች ፋይናንስ ሥርዓት እንደ ሀገር ተግባራዊ ሊደረግ መሆኑ ተሰማ

የቤት ችግርን ለመቅረፍ ይቋቋማል ለተባለዉ ስርዓት ጥናት መደረጉ እና የህግ ማዕቀፍ መዘጋጀቱ የከተማና መሰረተ ልማት ሚኒስቴር አስታውቋል።

35 በመቶ በሀገሪቱ የሚገነባው የመኖሪያ ቤት የህብረት ስራ ማህበራት መገንባት አለበት ተብሏል። ይህን ለመገንባት ሁለት መሰረታዊ ችግሮች እንዳሉ የተገለፀ ሲሆን እነርሱም የመሬት አቅርቦት እና የፋይናንስ ችግሮች መሆናቸው ለመረዳት ተችሏል።

በከተማና መሰረተ ልማት ሚኒስቴር የቤቶች ልማት መሪ ስራ አስፈጻሚ፣ አቶ ፀጋዬ ሞሼ እንደተናገሩት አዲስ በሚወጣው የመሬት ሊዝ አዋጅ 30 በመቶ የሚሆነው መሬት ከተሞች በምደባ ከሚያቀርቡት አስገዳጅ ሆኖ ለመኖሪያ ቤት መዋል እንዳለበት እና ይህም የቤት ችግርን እንደሚቀርፍ ታስቧል።


ይህን ተከትሎ የፋይናንስ ችግርይ ለመቅረፍ  " Housing Finance System" እንደሀገር ተግባራዊ ለማድረግ መታቀዱንና ስርዓቱን ለማቋቋም ጥናት መጠቱና የህግ ማዕቀፎች መዘጋጀታቸው አስረድቷል።

ከ 1999 ጀምሮ እስከ 2010 ዓ.ም. ድረስ የተገነባው ቤት 62 ሺህ አይበልጥም አሁን በስልጣን ላይ ያለዉ መንግስት ግን ባለፉት ስድስት ወራት 20 ሺህ 754 ቤቶች መገንባት መቻሉን ካፒታል ለመረዳት ችላለች።

Source: capitalethiopia
@Ethiopianbusinessdaily
3.4k 0 14 1 28
Ethiopian Business Daily

28 Jan, 13:00

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The Ministry of Trade & Regional Integration reported that 325,000 litres of fuel were removed from the market following government action to address issues in fuel distribution and marketing, including the removal of 250 tankers during the procedure.

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Source: addisfortune
@Ethiopianbusinessdaily
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Ethiopian Business Daily

28 Jan, 11:03

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Ethiopia Targets April for Debt Treatment Agreement Under G20 Framework

Ethiopia's government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment. This update comes after years of negotiations aimed at re-profiling the country's debt.

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Source: 2merkato
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Ethiopian Business Daily

28 Jan, 09:14

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Ethiopia Attracts Over USD 597 Million in Investments to Special Economic Zones

The Industrial Parks Development Corporation (IPDC) announced that investments worth more than USD 597 million have been secured in Ethiopia’s Special Economic Zones (SEZs) and the Dire Dawa Free Trade Zone over the past six months. Over 80 investments have been attracted to the zones under the IPDC's management.

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Source: 2merkato
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Ethiopian Business Daily

28 Jan, 07:00

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Industry Minister highlights foreign exchange challenge

The Minister of Industry, Melaku Alebel, recently addressed the House of People’s Representatives, revealing significant challenges in the country’s foreign exchange supply. He noted that the current demand from banks for foreign currency exceeds typical levels, making it difficult to provide the necessary foreign exchange as planned. This situation has arisen amidst ongoing macroeconomic reforms that have created opportunities for industries by reducing export and import costs.

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Source: capitalethiopia
@Ethiopianbusinessdaily
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Ethiopian Business Daily

27 Jan, 11:01

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𝐃𝐚𝐭𝐚 𝐂𝐞𝐧𝐭𝐞𝐫 𝐎𝐯𝐞𝐫𝐬𝐢𝐠𝐡𝐭 𝐌𝐚𝐧𝐝𝐚𝐭𝐞 𝐒𝐡𝐢𝐟𝐭𝐬 𝐭𝐨 𝐄𝐭𝐡𝐢𝐨𝐩𝐢𝐚’𝐬 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲

Ethiopia currently generates around 5,200 MW of power, with the pending completion of the Grand Ethiopian Renaissance Dam possibly doubling the supply. Crypto-mining companies are increasingly showing interest in accessing the country's affordable hydroelectric power.

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Source: shegamedia
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Ethiopian Business Daily

27 Jan, 10:35

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Ethiopian Business Daily

27 Jan, 07:16

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What Ethiopian Banks Can Do to Increase Digital Financial Adoption

There are numerous untapped opportunities—both quick wins and ambitious strategic initiatives—that commercial banks can pursue to increase DFS adoption at their respective institutions.

Insights powered by Project AKOFADA.

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Source: shegamedia
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Ethiopian Business Daily

25 Jan, 18:03

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Over 2 Million Metric Tons of Fuel Purchased and Sold During the Fiscal Year

The Petroleum and Energy Authority has announced that 2,041,135.332 metric tons of fuel were purchased for domestic use during the first six months of the current fiscal year. This represents 92 percent of the planned target of 2,216,189 metric tons, according to Bekele Kuma, Communications Director of the Petroleum and Energy Authority.

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Source: 2merkato
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Ethiopian Business Daily

25 Jan, 16:00

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Ethiopian Commodity Exchange Launches Online Trading Platform

The Ethiopian Commodity Exchange (ECX) has launched an advanced online trading platform, a step towards modernizing the country’s trading systems and aligning with the Digital Ethiopia 2030 initiative.

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Source: 2merkato
@Ethiopianbusinessdaily
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Ethiopian Business Daily

25 Jan, 14:05

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ኢትዮጵያ ለታንዛኒያ የኤሌክትሪክ ኃይል ሽያጭ ለማድረግ ስታደርግ የነበረችውን ድርድር አጠናቃ ከስምምነት ላይ ደረሰች

በዚህ የኃይል ሽያጭ ሥምምነቱ መሰረት በሀገራቱ ከፍተኛ የሥራ ኃላፊዎች ፀድቆ ከሚያዝያ 2017 ዓ.ም ጀምሮ ተግባራዊ እንደሚደረግ የተገለፀ ሲሆን በሥምምነቱ መሠረት ኢትዮጵያ ለታንዛኒያ 100 ሜጋ ዋት የኤሌክትሪክ ኃይል ሽያጭ ታከናውናለች ተብሏል።

ኢትዮጵያ ከታንዛኒያ ጋር የኃይል ሽያጭ እንዲሁም ኬንያ ከታንዛንያ ጋር የኃይል ማስተላለፊያ መስመር የኪራይ ውል በዛሬው ዕለት መፈራረማቸውን ካፒታል ሰምታለች።

በኢትዮጵያ ኤሌክትሪክ ኃይል የህግ መምሪያ ዳይሬክተር አቶ መርክነ እንደተናገሩት የሦስትዮሽ ሥምምነቱ ኢትዮጵያ በኬንያ በኩል ለታንዛኒያ የኤሌክትሪክ ኃይል ሽያጭ ለማከናወን የሚያስችላትን መብት የሚሰጣት መሆኑንም መሆኑን አስረድተዋል።

Source: capitalethiopia
@Ethiopianbusinessdaily
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Ethiopian Business Daily

25 Jan, 12:02

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#TikTokBusiness While TikTok provides opportunities for businesses and creativity, safety is a growing concern. Despite Ethiopia having enacted three proclamations concerning the digital space, a dedicated bill specifically addressing social media regulation is yet to be introduced.

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Source: addisfortune
@Ethiopianbusinessdaily
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Ethiopian Business Daily

25 Jan, 10:03

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In addition to the shares of Samson Sports Plc, owner of Laphto Mall, Samson is fighting for shares in other family holdings, including two houses in the Lafto District and over 800,000 Br from bank accounts in Nib International Bank and the Bank of Abyssinia.

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Source: addisfortune
@Ethiopianbusinessdaily
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Ethiopian Business Daily

25 Jan, 08:01

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Powdered Infant Formula Not Exempt From VAT, Says Ethiopia’s Customs Authority

According to a recent Ethiopian Customs Commission (ECC) ordinance, powdered infant formula is subjected to value-added tax (VAT) levies.

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Source: shegamedia
@Ethiopianbusinessdaily
4.2k 0 11 15
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