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NBE January 8, 2010

Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while the existing ones continue announcing profit increment every year.

NBE January 2, 2010

The Revenue and Customs Authority of Ethiopia over the past months revoked trade licenses of 82 businesses for not starting to use the sales registering machine on the time table set by the authority.

NBE December 25, 2009

Yetebaberut Beherawi Petroleum (YBP) Share Company, which is the first domestic company to start oil distribution in Ethiopia five years ago, announced that it is constructing 17 additional fuel stations in the country.  

NBE December 23, 2009

Following the emergence of big local companies in Ethiopia, online marketing is becoming popular and widely used by promoters of the new companies under-formation and existing firms.