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StockMarket.et
Ethiopia’s 25th forex auction saw bids surge to $470.17 million against a $125 million allocation, with the cut-off rate rising to 161.0050 birr per dollar.
Birr Metrics
Mesfin Tasew Bekele will remain chief executive officer of Ethiopian Airlines Group until September 5, 2027, extending his tenure at the helm of Africa’s largest airline after he had been expected to retire at the end of the 2025/26 financial year. The extension means Mesfin, who became group CEO in March 2022, will serve beyond...
BBC Amharic
StockMarket.et
AfroMessage says its local messaging infrastructure has powered 407.8 million+ A2P SMS messages since 2021, representing an estimated $139.7 million in potential FX expenditure avoided.
BBC Amharic
Birr Metrics
The National Bank of Ethiopia has approved Shabelle Bank’s appointment of Abduljuhad Hassen as chief executive, ending a two-month wait for regulatory clearance and handing the Somali banking upstart a permanent leader at a time of rapid expansion. Abduljuhad took up the position on August 7, after serving as the bank’s acting chief executive since...
BBC Amharic
በአማራ ክልል ከተከሰተው ቀውስ ጋር በተያያዘ በሽብር ለተከሰሱት ከሦስት መቶ በላይ ፖለቲከኞች፣ ጋዜጠኞች እና ሌሎች ግለሰቦች በይቅርታ እንዲለቀቁ ሂደት ላይ ይገኛሉ። ለሽብር ተከሳሾች የቀረበው የይቅርታ ሰነድ በክልሉ ለተፈፀሙ ግድያዎች እና ጉዳቶች ተከሳሾቹ ኃላፊነት እንዲወስዱ የሚጠይቅ መሆኑን ቢቢሲ የተመለከተው ሰነድ ያሳያል።
Birr Metrics
Amhara Bank has appointed Yihenalem Aknaw as chief executive, bringing a career commercial banker to a lender undergoing a strategic overhaul after a succession of management changes. The appointment has been approved by the National Bank of Ethiopia, according to the bank. Yihenalem replaces an acting management arrangement led by Samuel Tadesse, the...
BBC Amharic
BBC Amharic
