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Ethiopian Business Review

Kanal geosi va tili: Efiopiya, Inglizcha

Toifa: Biznes va startaplar

EBR is an expertly and independently written, masterfully designed, and well-circulated magazine.

Связанные каналы | Похожие каналы

Kanal geosi va tili

Efiopiya, Inglizcha

Toifa

Biznes va startaplar

Statistika

Postlar filtri

O‘chirilganlarni yashirish

Repostlarni yashirish

Ethiopian Business Review

17 Jan, 12:59

What Will Weed Out Ethiopia's Young Banks, Capital Regulation Or Liquidity Crisis?

In the business world, a merger refers to joining two companies into one entity. The concept has made headlines recently because the government is preparing to open the sector to foreign competition. This is the second time in recent years that the issue has taken Centre stage in Ethiopia’s financial news after the two state-owned banks – the Commercial Bank of Ethiopia (CBE) and the Construction and Business Bank (CBB)– ‘merged’ in December 2015. Advocates of mergers say they provide several benefits to the financial sector, the least of which is weeding out young banks, thereby strengthening the overall sector. Others, however, think that the concept may be too cumbersome for Ethiopia’s nascent private banking industry, which needs more time to mature.

Read more: https://ethiopianbusinessreview.net/what-will-weed-out-ethiopias-young-banks-capital-regulation-orliquidity-crisis/

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Ethiopian Business Review

16 Jan, 12:59

Ethiopia's Tax Dilemma
Balancing Revenue Goals with Business Sustainability

In Ethiopia, the recent recognition of loyal taxpayers shines a light on the government’s efforts to enhance tax compliance amid ambitious fiscal goals. This recognition should make taxpayers feel appreciated and valued. However, as the country implements significant tax reforms to generate additional revenue, concerns arise from the business community regarding the fairness and impact of these changes, particularly on small enterprises. EBR’s Eden Teshome explores the dual perspectives surrounding Ethiopia’s tax landscape, highlighting the achievements celebrated during the recognition ceremony and the challenges businesses grapple with, such as increasing tax burdens and a complex regulatory environment.

Read more: https://ethiopianbusinessreview.net/ethiopias-tax-dilemma/

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Ethiopian Business Review

15 Jan, 16:57

Dashen Bank Launches Ethiopia's First Banking Super App

Dashen Bank has launched the Dashen Bank Super App, the first of its kind in Ethiopia. This platform aims to change digital banking by offering an all-in-one solution designed to improve customer experience and streamline banking operations.

Read More: https://ethiopianbusinessreview.net/dashen-bank-launches-ethiopias-first-banking-super-app/

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Ethiopian Business Review

15 Jan, 11:59

Ethiopia's Investment Conundrum A Tale of Promise, Peril

Once a darling of foreign investors, Ethiopia faces a complex web of challenges hindering its economic growth. Despite ambitious reforms and a promising future, the country’s investment landscape is marred by a series of setbacks.

Why has the much-anticipated influx of foreign investment yet to materialize? How have recent policy changes impacted domestic investors? What role does political instability play in deterring investment? And what can be done to revitalize Ethiopia’s economic potential, emphasizing the need for stable policies and peace for sustainable economic growth?

Read more: https://ethiopianbusinessreview.net/ethiopias-investment-conundrum-a-tale-of-promise-peril/

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Ethiopian Business Review

15 Jan, 03:52

A Perfect Storm
Ethiopia’s Banking Sector Navigates Uncharted Waters

Ethiopia’s banking sector is currently grappling with a severe liquidity crunch, causing significant distress to individuals and businesses. The effects are palpable, with delayed transfers, restricted cash withdrawals, and challenges in securing loans becoming the norm.

Why are banks struggling with liquidity? How have the government’s recent economic reforms impacted the banking sector? What are the real-world implications for businesses and consumers? And what steps are being taken to address the crisis? These are the pressing questions that need answers.

Read more: https://ethiopianbusinessreview.net/a-perfect-storm/

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Ethiopian Business Review

14 Jan, 17:58

Wegagen Bank Takes Account Opening Digital with New Mobile App

Wegagen Bank has officially launched its new mobile wallet service in collaboration with E-Birr Mobile Financial Services, offering customers a seamless way to manage their finances on the go. With the launch of this service, users can open wallet accounts, transfer funds, make payments, and manage their accounts without the need to visit a branch. The service is accessible via the E-Birr app, available for download on the Play Store or App Store, or through short text messages.

Read more: https://ethiopianbusinessreview.net/wegagen-bank-takes-account-opening-digital-with-new-mobile-app/

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Ethiopian Business Review

14 Jan, 11:41

Ethiopia’s Fuel Prices Among the Cheapest Globally, as Debt Drops and Economic Reforms Take Shape

Ethiopia’s debt-to-GDP ratio has dropped to 13.7% from over 30%, thanks to strategic reforms initiated during the transition period, according to Minister of Planning and Development Fitsum Assefa (PhD). The government’s new economic and social policy vision prioritizes inclusive growth across sectors like agriculture, manufacturing, mining, tourism, and the digital economy. This vision aims to reduce economic imbalances, transfer key roles from the government to the private sector, and foster structural transformation.

Read more: https://ethiopianbusinessreview.net/ethiopias-fuel-prices-among-the-cheapest-globally-as-debt-drops-and-economic-reforms-take-shape/

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Ethiopian Business Review

10 Jan, 19:13

Africa’s Next Stock Markets Find New Ground as Ethiopia Rings the Bell with ESX Launch

Ethiopia officially launched its Securities Exchange (ESX) today. The much-anticipated event was officiated by Prime Minister Abiy Ahmed (PhD) at the Science Museum in Addis Abeba, marking a milestone for the nation’s economic trajectory.

Read More: https://ethiopianbusinessreview.net/africas-next-stock-markets-find-new-ground-as-ethiopia-rings-the-bell-with-esx-launch/

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Ethiopian Business Review

9 Jan, 15:00

New Edition: EBR Volume 137!
📈 Exclusive Interview: Dive into our conversation with Tsehay Shieferaw, CEO of Awash Bank.

🏡 Ethiopia's National Quality Infrastructure: cornerstone of Ethiopia's economic development, making quality a tangible reality.

🗣 In-Depth Interview: Gain perspectives from Tewodros Sisay, Partner at Deloitte, on navigating Ethiopia’s evolving economic landscape.

🎨 Art and Life: Join us as we pay tribute to Mahmoud Ahmed, the legendary Ethiopian musician.

📝 Viewpoints & Commentaries: Engage with diverse perspectives on pressing issues shaping Ethiopia today.

📚 Book Review: Discover our latest recommendations that inspire and inform.

📖 Now available at leading stores!

📞 Call +251 96 141 4141 for more info.

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Ethiopian Business Review

7 Jan, 10:13

#Advertising

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Ethiopian Business Review

2 Jan, 14:17

Ethio Telecom's Cashless Journey Handles Birr 3.3 Trillion in Transactions

Ethio Telecom’s digital finance platform, Telebirr, is making waves in Ethiopia’s financial sector, driving change in how millions of Ethiopians access money, services, and economic opportunities. In just three years, Telebirr has processed Birr 3.3 trillion in transactions.

Read More: https://ethiopianbusinessreview.net/ethio-telecoms-cashless-journey-handles-birr-3-3-trillion-in-transactions/

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Ethiopian Business Review

1 Jan, 08:37

Ethiopia's Central Bank Hikes Credit Growth to 18%

In a move that has raised both expectations and concerns, Ethiopia’s Central Bank (NBE) has approved a significant increase in the credit growth target to 18%, up from the previous 14%. This decision, made during the Monetary Policy Committee’s (MPC) meeting on December 31, 2024, aims to bolster economic growth amid challenging liquidity conditions faced by banks.

Read more: https://ethiopianbusinessreview.net/ethiopias-central-bank-hikes-credit-growth-to-18/

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Ethiopian Business Review

30 Dec 2024, 16:11

Geez Education and Training Brings Global Expertise to Ethiopia Amid Historic Capital Market Rollout

Geez Education and Training Plc signed two landmark Memorandums of Understanding (MoUs) with California State University, the Global Academy of Finance and Management (GAFM), and the American Academy of Project Management (AAPM). The agreement introduces 275 internationally recognized training programs, starting with 48 fields delivered in a hybrid format of online and in-person instruction. These include courses in capital markets, finance and project management, technology, business, and research. The initiative also promotes innovation through STEM-focused courses, research opportunities, and international student exchange programs. It aims to bridge the gap between education and industry demands, equipping professionals with the expertise to drive sustainable economic growth.

Read More: https://ethiopianbusinessreview.net/geez-education-a…l-market-rollout/

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Ethiopian Business Review

29 Dec 2024, 16:30

Ethiopia’s First Interest-Free Bank Achieves Record Deposits in Third-Generation Banks

ZamZam Bank S.C. announced that its deposits reached Birr 7.7 billion as of December 29, 2024, marking a 38% increase from the Birr 6.8 billion recorded during the 2023/24 fiscal year. The announcement was made during the bank’s 4th Shareholders' Meeting and 3rd Immediate Meeting, held at Millennium Hall, Addis Ababa.

Read more: https://ethiopianbusinessreview.net/ethiopias-first-interest-free-bank-achieves-record-deposits-in-third-generation-banks/

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Ethiopian Business Review

28 Dec 2024, 10:29

Pregnancy & Work A Call for Understanding, Action

The World Health Organization defines maternal health as the well-being of women during pregnancy, childbirth, and the postpartum (after birth) period. It emphasizes that each phase of pregnancy should be a positive experience, enabling both mothers and their babies to achieve optimal health and wellness. However, work-related stress poses a significant threat to this goal. EBR’s Dr. Brook Genene examines how stress affects pregnancy and offers insights on how women can manage stress in today’s workplace.

Read more: https://ethiopianbusinessreview.net/pregnancy-work-a-call-for-understanding-action/

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Ethiopian Business Review

27 Dec 2024, 16:00

Ethiopia Prepares to Launch Mortgage Banking to Address Housing Crisis

251 Communications and Marketing Private Limited has officially launched the 7th Annual Real Estate and Home Expo. The event is taking place from December 27 to 29, 2024, at the Sheraton Addis Inter Luxury Collection Hotel.

Read more: https://ethiopianbusinessreview.net/ethiopia-prepares-to-launch-mortgage-banking-to-address-housing-crisis/

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Ethiopian Business Review

27 Dec 2024, 10:17

Asrat Haile
Farewell to Ethiopia's Football Legend

Asrat Haile is one of the most prominent personalities in Ethiopian football. In a career that spanned half-century, Asrat acquired several roles as a footballer, head coach, and senior official in the Ethiopian Football Federation. Known for his sharp words and confident demeanour, Asrat has played an immense role in elevating Ethiopia’s football to the next level. He was admired by his former players and adored by the public. After spending the last couple of years struggling with an illness, Asrat sadly passed away on October 25, 2024. EBR’s Dr. Brook Genene pays tribute to one of Ethiopia’s biggest footballing heroes.

Read more: https://ethiopianbusinessreview.net/asrat-haile/

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Ethiopian Business Review

26 Dec 2024, 20:44

EAH and ECWC Sign MoU for Collaboration

East African Holding (EAH) has signed a Memorandum of Understanding (MoU) with the Ethiopian Construction Works Corporation (ECWC). This partnership aims to enhance Ethiopia’s infrastructure development through the supply of high-quality cement products from Lemi and Dire Dawa National Cement, along with experience sharing in key areas.

Read more: https://ethiopianbusinessreview.net/eah-and-ecwc-sign-mou-for-collaboration/

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Ethiopian Business Review

26 Dec 2024, 17:26

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