Ethio Telecom, Ethiopian state owned telecommunication company, has extended the deadline for sale of its 10% shares. It failed to meet the target of selling the shares till January 3. In October last year, Ethio…
Ethiopian Police today opened fire at protesters in Moyale Oromia. At least two protesters were wounded. Demonstrations have been ongoing since yesterday. Moyale is administrative center of two woredas of Oromia and Somali regional states…
President of Somalia Hassan Sheikh is visiting Ethiopia today. Since January last year, Ethiopia and Somalia have been involved in a diplomatic row. The president’s visit is likely to lead to improvement in bilateral relations.…
Ethiopia today finally launched Securities Exchange but with 1 listing only. Prime Minister Abiy Ahmed officially launched the Ethiopian Securities Exchange (ESX) today. “We have officially rung the bell to launch the Ethiopian Securities Exchange…
Fiery objects seen in parts of Southern and South Western Ethiopia lead to speculations. The objects were seen on Thursday night. The Ethiopian Space Science Society in a statement said that it was conducting investigation.…
Ethiopian Stock Exchange ESX is going to formally begin operations on Friday January 10. The bourse was initially due to be launched in November last year but technical issues delayed the launch. The newest stock…
Ethiopian Parliament today passed a draft law to punish those who hoard and sell fuel at unauthorized locations. The House of People’s Representatives (HoPR) approved the regulation to ensure uninterrupted supply of petroleum products. Earlier…
Azerbaijan has issued a diplomatic note to Eritrea about detention of its 3 ships by Eritrean navy. Eritrea has no embassy in Azerbaijan. The notes were issued to the Eritrean embassies in Ethiopia and the…
Fuel prices were increased in Ethiopia by over 11% today. The Federal Ministry of Trade and Regional Cooperation announced new prices this evening. The rising fuel prices are linked to recent financing agreements between the…
Fano militia on Sunday kidnapped Dangila district administrator. Gojjam Fano released a statement in this regard. According to the statement released by Gojjam Fano, 7 government officials, including the chief administrator of Dangla district, had…