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Condom prices quadruple as shortage recurs
Amhara region faces critical shortage of condom The price of condoms saw a four-fold increase since last month, costing as high as 40 birr a...
Looming inflation dims holiday season, consumers’ confidence takes a back seat
It has been a while since inflation begun to take its toll on consumers’ daily life, crippling their ability to frequent the markets of...
Solving the housing conundrum through financing
With three decades of experience in the banking industry, Mulugeta Asmare is known for his successful years at the Bank of Abyssinia. During his...
Safaricom negotiates infrastructure lease payment in two currencies
Safaricom Ethiopia and Ethio Telecom have reached an agreement to use both the US dollar and birr as payment modalities for telecom infrastructure sharing...
Concerns deepen over abductions in Oromia
Amhara region is also facing similar challenge Concerns deepen over the rising trend of abduction in Oromia, a situation that has compromised the safety of...
Central Bank begins drafting new directive for specialized banks
Officials at the National Bank of Ethiopia (NBE) are drafting a new directive to set new requirements needed to establish a mortgage bank in...
Private creditor to provide one billion birr to homebuyers
Plans to charge an interest rate below 15 percent Ethiopia’s first self-proclaimed private mortgage bank, Goh Betoch Bank, announced its plans to disburse one billion...
Edible oil producer cries foul over delayed land allocation for oilseed production
Attempts to begin oilseed production by one of the leading edible oil refinery plants in the country hangs by a thread as regional authorities...
Local price of fertilizer sees 200% hike
The cost of fertilizer saw a 200 percent spike in price, reaching 4,800 birr per quintal, threatening farmers who are already struggling to cover...
