Banking the unbanked

. Mobile money transaction stands far below Sub-Saharan The expansion of banking services offered by the Commercial Bank of Ethiopia (CBE) and private banks is creating access to the unbanked population, yet... Read more »

Activities to preliminary power generation gain momentum

ADDIS ABABA – Works are going ahead to a preliminary power generation of the Grand Ethiopian Renaissance Dam (GERD), Project Manager, Eng. Kifle Horo, told The Ethiopian Herald. Plantation of steel that... Read more »

CBE to deepen toe in regional countries

ADDIS ABABA – Commercial Bank of Ethiopia (CBE) is planning to extend its business presence around the Horn of African countries including Somaliland as Jubaland poised to endorse Financial and Investment act... Read more »

University’s competency-based training targets improving services

ADDIS ABABA – New competency-based training has been commenced to public servants prioritizing sectors like manufacturing, agriculture, education and health expertise, said Ethiopian Civil Service University (ECSU). The shift from the traditional... Read more »

Talks underway to secure remaining funds: Election Board

ADDIS ABABA – The National Electoral Board of Ethiopia said talks are underway with various funders to secure all the remaining finance required to the upcoming general elections. So far, the Board... Read more »

Pushkin Square-Gotera Interchange to see completion ahead of schedule

• 320-meter tunnel construction begins ADDIS ABABA – A 1.5 billion Birr Chinese funded Pushkin Square-Gotera Interchange will see completion ahead of the original schedules, Addis Ababa City Roads Authority told The... Read more »

Gov’t plans to increase construction sector’s economic role

ADDIS ABABA – Prime Minister Abiy Ahmed said the government would provide all the needed supports to improve the productivity of the construction industry. He made the remark at the 2nd national... Read more »

Tighten the noose on corruption

A study document produced by the Federal Ethics and Anti-Corruption Commission indicated that Ethiopia has lost about 17 billion USD over the past 10 years as some of the public expenditures and... Read more »

Why corruption on rampage

It is unthinkable to curb rampaging corruption menace in Ethiopia so long as the government does not demonstrate strong commitment towards the ongoing fight against corruption apart from enforcing holistic approach, legal... Read more »

Afar in need of two high cost dams

MELEKA WERE, Afar – The Awash Basin Development Office (ABDO) said two dams worth of 13 billion Birr are needed to prevent recurrent, seasonal floods and drought in the Basin. Briefing a... Read more »