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Birr Metrics
The National Bank of Ethiopia’s buying rate for 24-karat gold reached Br23,776 per gram on August 31, 2026, up from Br3,865 in January 2024. The increase of Br19,911 per gram—or 515 percent in less than three years—is striking even in an economy accustomed to rapidly changing prices. But the rise is not simply a gold...
BBC Amharic
Birr Metrics
The National Bank of Ethiopia is pumping an unusually large volume of US dollars into commercial banks. While the birr has remained relatively stable in the first quarter, the number of banks competing for those dollars has fallen sharply. Participation dropped from 28 banks on August 12 to 22 at the August 20 special auction...
BBC Amharic
BBC Amharic
BBC Amharic
BBC Amharic
BBC Amharic
ባለፈው ሳምንት በአራት ቀናት ውስጥ ሁለት የንግድ ጭነት መርከቦች በኤደን ባሕረ ሰላጤ በባሕር ላይ ዘራፊዎች ተይዘዋል። ይህም ከዓመቱ መጀመሪያ አንስቶ የተጠለፉ መርከቦች ቁጥርን ቢያንስ 13 እንዲደርስ አድርጓል። ይህ ክስተት የባሕር ላይ ወንበዴዎችን ለመከላከል እስካሁን ታይቶ የማያውቅ የድሮን ጥቃት እንዲካሄድ ምክንያት ሆኗል።
Birr Metrics
Uganda Airlines is operating without its own aircraft hangar, full-fledged maintenance facility or catering department, leaving the state-owned carrier heavily dependent on outside providers as it struggles with grounded aircraft and persistent losses, Acting Chief Executive Officer Girma Wake told lawmakers. Girma made the disclosure during appearances on...
BBC Amharic
