Posts In Category
World News
World News
News: Activist, co-founder of online media Ubuntu, Eyasped Tesfaye arrested at his family house
By Addis Standard Staff Addis Abeba, December 08/2021- Activist and co-founder of youtube channel Ubuntu , Eyasped Tesfaye was arrested by police at his parents’ house, his mother told the BBC Amharic. The former member of the Semayawi party was taken from his home yesterday after his house was searched …
News: Gov’t forces retake Dessie, Kombolcha cities; electric power repairing power transmission lines in Shewa Robit & other towns
Addis Standard Staff Addis Abeba, December 07/2021 – Federal allied forces from the national defense forces and Amhara and Afar special forces as well as Amhara Popular Force (Fano) militia have yesterday retaken Dessie and Kombolcha cities in Amhara state from Tigrayan forces. According to Government Communication Service, in addition …
News Analysis: NBE amends foreign exchange management directive; reveals foreign currency allocation, priorities
By Medihane Ekubamichael @Medihane Addis Abeba, December 07/2021 – Earlier last week, the National Bank of Ethiopia (NBE) issued a new directive, amending an earlier directive in use since October 2020. The NBE explained that the new directive would enable it to carefully manage its scarce reserve foreign exchange and …