Business & Finance

New internet service customers at the state monopoly Ethio Telecom has tripled in the past couple of weeks because of price cut and the latest stay at home initiative for COVID-19.

Ethiopia’s new drive in establishing digital economy has taken a giant step forward with the adoption of the new draft proclamation on e-transaction, Prime Minister Abiy Ahmed said.

Eagle Hills, Abu Dhabi-based private real estate investment and development firm, is set to launch sales for its luxury apartments under-construction at the center of Addis Ababa, Ethiopia.

Ethiopian Airlines (Ethiopian) has said it carried more than 12.5 million passengers last Ethiopian fiscal year which ended July 7.

DHL and Ethiopian Airlines have appointed Berhanu Kassa as general manager to lead their joint venture as it scales up its operations with three established stations, and a fourth by end of the year.

In parallel with the expansion of window service in conventional banks, permitting the existence of full-fledged Islamic banks has brought about significant outcomes in ensuring financial inclusion and sustaining economic growth, experts in the filed say, calling for suitable legal and regulatory frameworks for the new service.