Financial institutions, real estate developers among actors in money laundering: Justice Ministry

News Financial institutions, real estate developers among actors in money laundering: Justice Ministry By Ashenafi Endale November 30, 2024 MPs worry Asset recovery, Anti-Money Laundering bills designed to stifle opposition, journalists Officials of the Ministry of Justice have implicated banks, microfinance institutions, real estate developers, NGOs, remittance service providers, and vehicle dealerships in money laundering […]

Hurried media bill backpedals recent reforms, threatens press freedom

In Depth Hurried media bill backpedals recent reforms, threatens press freedom By Ashenafi Endale November 30, 2024 Helpless and fuming, journalists, editors, media house custodians, and representatives from human rights organizations, CSOs, and the ombudsman made their way to Parliament on November 20, 2024, in a bid to stave off legislative changes that many fear […]

Oromia says peace talks with OLA in progress, claims facilitating Tanzania negotiations 

News Oromia says peace talks with OLA in progress, claims facilitating Tanzania negotiations  By Ashenafi Endale November 30, 2024  “Baseless claims”: OLA  The Oromo Liberation Army (OLA) has denied the Oromia regional administration’s claim that the two are engaged in peace talks. The regional administration asserted that peace talks with the armed group were “progressing […]

Media bill portends troubling future for press freedom

Staff Reporter November 30, 2024 Editorial The theme of this editorial is something we addressed just three editions back. We are revisiting it now because its grave implications remain unaddressed. The administration of Prime Minister Abiy Ahmed (PhD) is showing no inclination whatsoever to yank a contentious draft proclamation that threatens to reverse the positive […]

NBE Governor hails forex market reforms for doubled reserves

Business NBE Governor hails forex market reforms for doubled reserves By Sisay Sahlu November 30, 2024 Central bank Governor Mamo Mihretu asserts that foreign currency reserves in the Ethiopian banking system have doubled to almost USD six billion in the months since the government liberalized the forex market. He disclosed the figure while presenting an […]

Safaricom Ethiopia Expands Network to Nekemte

News in brief By Staff Reporter November 30, 2024 Safaricom Ethiopia announced the launch of its network in Nekemte, Oromia Region, bringing enhanced connectivity and digital financial services to communities in Western Ethiopia. The expansion in Nekemte is supported by 32 towers with a fiber backbone installed across the city and its surrounding areas. We […]

Health in crisis: Forum decries humanitarian emergency in Amhara region

News Health in crisis: Forum decries humanitarian emergency in Amhara region By Abraham Tekle November 30, 2024 The Forum for Higher Education Institutions in the Amhara Region is urging immediate action to remedy the devastating toll that armed conflict has had on the region’s healthcare system, including the looting and destruction of nearly one thousand […]