Team Shega

Parliament Green Lights 900 Billion Birr Debt Security Issuance for CBE Reform

CBE’s non-performing loans are primarily comprised of obligations accrued from a host of SOE's. Above 90% of this debt is owed by three troubled SOEs that have not regularly serviced their loans.

Hijra Bank Unveils Full-Fledged Sharia-Compliant Digital Lending Platform

According to the latest central bank figures, there are over 22 million interest-free accounts in Ethiopia, holding nearly 205 billion birr in deposits.

Historic Milestone Sees Ethio Telecom Unveil 100 Million Shares

In a historic milestone for Ethiopia's capital market, Ethio Telecom has launched the country's first initial public offering (IPO), unveiling 100 million shares to the public.

How Do You Know If Your Facebook Account Is Hacked?

Understanding the signs of a hacked Facebook account is crucial for maintaining your online security

Ride Increases Prices, Adds TOT

In the initial phase to be implemented on Monday, the flag-down fee will rise from 100 birr to 130 birr.

Ethiopia’s Central Bank Greenlights Five Independent Foreign Exchange Bureaus

The Bureau’s can buy currency notes of up to 10,000 dollars without a Customs Commission declaration.