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Logistic and Contract Administration Head

Industrial parks ordered to begin transition into Special Economic Zones

The management teams of the country’s industrial parks have been given short notice to transition into Special Economic Zones following the federal government’s policy change.

Central bank revamps monetary policy

Central bank adjusts gold purchase price, again

The central bank has done away entirely with incentives it had previously introduced in an effort to salvage rapidly declining gold supply.

Central bank revamps monetary policy

Central bank revamps monetary policy

Governor Mamo Mihretu has announced a rework of the National Bank of Ethiopia’s (NBE) monetary policy, shifting from the regulator’s long held intervention-based regime to one guided by a policy interest rate.

khat

Oromia to unveil ETB 1.2 billion khat trading centers in coming weeks.

The Oromia Trade Bureau has finalized the construction of three khat trade centers with a price tag of 400 million birr apiece. Regional trade officials expect the facilities to start operations in the coming month, and all farmers, suppliers, and exporters of the stimulant leaf will be obliged to conduct transactions using the trade centers.

National Bank of Ethiopia

Central bank to undertake digital currency study

The National Bank of Ethiopia (NBE) is set to initiate the study in June under instructions from the macroeconomic team led by Girma Birru, according to the latest HGER detail matrix covering three years leading up to 2026.

Ministry Looks To Involve Private Investors In Ailing Railway Transport

Ministry Looks To Involve Private Investors In Ailing Railway Transport

Officials at the Ministry of Transport and Logistics are considering permitting private sector participation in railway freight transport as a means to cut market commodity prices.