The Monetary Policy Committee (MPC) of the National Bank of Ethiopia has announced that the inflation in Ethiopia has reached the lowest in 5 years. The committee proposes financial policies to be adopted by the NBE Board. After its meeting on Tuesday, MPC issued a statement claiming that current inflation in Ethiopia is 16.9%. Food…
TPLF Getachew Reda supporters protested today in front of mayor Office in Mekelle city of Tigray. The youths protests in connection with the dispute regarding appointment of Mekelle mayor. Tigray People’s Liberation Front (TPLF), Tigray’s largest and ruling party, has split in two factions. Both factions have appointed their mayors to administer the regional capital….
The National Election Board of Ethiopia (NEBE) has urged the Tigray People’s Liberation Front (TPLF) to hold its general assembly till February 10, 2025. NEBE, in a letter written to Tigray’s largest political party, recalled that TPLF was registered under special circumstances in accordance with the Proclamation No. 111 issued to amend the Registration of…
An Ethiopian millionaire has been shot dead in Addis Ababa, the capital city of Ethiopia. Biresaw Minalu was killed on Monday. Biresaw was originally from the Amhara region of Ethiopia. Born in Bichena East Gojjam, he was residing in Lemi Kura Addis Ababa. The millionaire was the founder of Berenta Cement. He had investments in…
Ethiopian Airline will operate additional flights to Gondar and Lalibela cities where Christmas and Epiphany gatherings will be held in January. While the airline is planning to conduct additional flights, Fano fighters last week warned the Ethiopian airline against flying to Lalibela on Christmas. Christmas in Ethiopia will be celebrated on January 7 and Epiphany…
A 5.0 magnitude earthquake was recorded in Addis Ababa and surrounding areas on Monday night. The Ethiopian capital and nearby areas have felt several tremors of earthquake in the last 48 hours. The 5.0-magnitude earthquake struck near Awash Afar. The tremor was recorded on Monday night, December 30th, 2024, at 11:27 pm local time. It…
71 people including a groom lost their lives in a deadly traffic accident on Sunday. According to Regional Police, 71 people died after an Isuzu truck carrying 74 people fell off a bridge and plunged into the river in the area known as Galana River in the Bona Zura Woreda of the Eastern Sidama Zone…
Burundi this week threatened to withdraw its peacekeeping soldiers from Somalia. The new peacekeeping mission in Somalia called African Union Support and Stabilization Mission in Somalia (AUSSOM) will take over on January 1, 2025. The names of troops contributing countries for the new mission have not been announced yet. This mission will be deployed for…
Open distribution of Jawar Mohammed’s book has been banned in Ethiopia. It was disclosed by Jawar himself on Sunday. Jawar is one the of most prominent opposition politicians in Ethiopia. He seems to be living in self exile. He launched his new book titled “Hin Gaabbu” last week in Nuremberg Germany. Earlier he tried to…
Three Tigray TV journalists have been kidnapped while investigating illegal gold mining in Tigray. The three journalists named Tesfazsgi Asbey, Esayas Beyene and Atakalti Nigus were abducted on Sunday morning. According to Tigray TV, the three journalists were conducting interview in Tsimbila, Asgede district. Asgede district is situated in the northwestern zone of Tigray. The…