#Opinion | On Russia’s National Unity Day
On November 4, Russia celebrates National Unity Day. The origins of the holiday go back centuries – to the feat of the people who rose up to fight for their Homeland, cleansed it of strife and betrayal, put an end to the Time of Troubles and restored our united statehood.
This day is a tribute to the memory of the people’s uprising in Russia, which liberated Moscow from the Polish-Lithuanian invaders on November 4, 1612. The leaders of the uprising – citizen Kuzma Minin and Prince Dmitry Pozharsky became national heroes. Not long before that, they had gathered a people’s militia near Nizhny Novgorod, which included representatives of different nationalities, classes and religions, and led it in the struggle to liberate the capital of the Russian state
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On November 4, Russia celebrates National Unity Day. The origins of the holiday go back centuries – to the feat of the people who rose up to fight for their Homeland, cleansed it of strife and betrayal, put an end to the Time of Troubles and restored our united statehood.
This day is a tribute to the memory of the people’s uprising in Russia, which liberated Moscow from the Polish-Lithuanian invaders on November 4, 1612. The leaders of the uprising – citizen Kuzma Minin and Prince Dmitry Pozharsky became national heroes. Not long before that, they had gathered a people’s militia near Nizhny Novgorod, which included representatives of different nationalities, classes and religions, and led it in the struggle to liberate the capital of the Russian state
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#CapitalNews | Ethiopia’s human rights record to be examined by Universal Periodic Review
The human rights record of Ethiopia will be examined by the United Nations Human Rights Council’s Universal Periodic Review (UPR) Working Group for the fourth time on Tuesday, 12 November 2024, in a meeting in Geneva.
Ethiopia is one of 14 States to be reviewed by the UPR Working Group during its upcoming session from 4 to 15 November 2024. The first, second and third UPR reviews of Ethiopia took place in December 2009, May 2014, and May 2019, respectively.
The UPR Working Group is comprised of the 47 Member States of the Human Rights Council. However, each of the 193 UN Member States can participate in a country review.
The human rights record of Ethiopia will be examined by the United Nations Human Rights Council’s Universal Periodic Review (UPR) Working Group for the fourth time on Tuesday, 12 November 2024, in a meeting in Geneva.
Ethiopia is one of 14 States to be reviewed by the UPR Working Group during its upcoming session from 4 to 15 November 2024. The first, second and third UPR reviews of Ethiopia took place in December 2009, May 2014, and May 2019, respectively.
The UPR Working Group is comprised of the 47 Member States of the Human Rights Council. However, each of the 193 UN Member States can participate in a country review.
#CapitalNews | NBE Set to Launch Interoperable QR Code Payments by December
In a significant move towards digital financial inclusion, Ethiopia is set to launch its interoperable QR code payment system by December 2024. This initiative aims to enhance the efficiency of cashless transactions and promote the widespread adoption of digital payments among merchants and consumers alike.
The new system, developed in alignment with global EMVCo standards, will allow merchants to generate QR codes that can be scanned by consumers using various banking applications. This interoperability means that consumers will be able to make payments seamlessly across different payment platforms, regardless of their financial service providers.
In a significant move towards digital financial inclusion, Ethiopia is set to launch its interoperable QR code payment system by December 2024. This initiative aims to enhance the efficiency of cashless transactions and promote the widespread adoption of digital payments among merchants and consumers alike.
The new system, developed in alignment with global EMVCo standards, will allow merchants to generate QR codes that can be scanned by consumers using various banking applications. This interoperability means that consumers will be able to make payments seamlessly across different payment platforms, regardless of their financial service providers.
#Opinion Unlocking Ethiopia’s Economic Potential Through Digital Finance
Ethiopia stands on the brink of a digital revolution. Over the last five years, the country has undergone a remarkable transformation, driven by an expanding digital financial market that is reshaping the lives of millions. Thanks to the National Digital Payments Strategy 2025 (NDPS), launched in 2020, the adoption of digital payments and financial services has accelerated at an unprecedented rate. Ethiopia’s financial ecosystem is now evolving, and with it, the promise of a more inclusive, prosperous future.
The significance of this transformation cannot be overstated. Digital payments bring more than just a convenience—they represent the key to unlocking Ethiopia’s economic potential. In a country where a large percentage of the population remains unbanked, digital financial services are offering new pathways to economic empowerment.
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Ethiopia stands on the brink of a digital revolution. Over the last five years, the country has undergone a remarkable transformation, driven by an expanding digital financial market that is reshaping the lives of millions. Thanks to the National Digital Payments Strategy 2025 (NDPS), launched in 2020, the adoption of digital payments and financial services has accelerated at an unprecedented rate. Ethiopia’s financial ecosystem is now evolving, and with it, the promise of a more inclusive, prosperous future.
The significance of this transformation cannot be overstated. Digital payments bring more than just a convenience—they represent the key to unlocking Ethiopia’s economic potential. In a country where a large percentage of the population remains unbanked, digital financial services are offering new pathways to economic empowerment.
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#BusinessandEconomy The Complex Interplay of Gold Production and Conflict
Gold is one of the most valuable natural resources in the world, driving significant economic activity and wealth generation. However, in many parts of the world, gold production has also been linked to violent conflict, environmental degradation, and social unrest. Understanding the complex relationship between gold production and conflict requires examining the geopolitical, economic, and social dynamics that connect these two phenomena.
Gold has been a source of power, wealth, and conflict for millennia. From the Roman Empire to the Spanish conquests in the Americas, the pursuit of gold has often been tied to colonial expansion, war, and exploitation.
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Gold is one of the most valuable natural resources in the world, driving significant economic activity and wealth generation. However, in many parts of the world, gold production has also been linked to violent conflict, environmental degradation, and social unrest. Understanding the complex relationship between gold production and conflict requires examining the geopolitical, economic, and social dynamics that connect these two phenomena.
Gold has been a source of power, wealth, and conflict for millennia. From the Roman Empire to the Spanish conquests in the Americas, the pursuit of gold has often been tied to colonial expansion, war, and exploitation.
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#ArtsandCulture Canvas emerges as Ethiopia’s new cultural hub
In a significant development for the arts and culture scene in Ethiopia, Canvas has emerged as a vibrant new cultural center, redefining the landscape for events and exhibitions in the country. Spearheaded by Cactus, a leading advertising agency known for its innovative artwork and campaigns, this initiative aims to provide a versatile space suitable for various events, moving beyond the traditional venues typically used, such as Alliance Française and the Italian Cultural Institute.
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In a significant development for the arts and culture scene in Ethiopia, Canvas has emerged as a vibrant new cultural center, redefining the landscape for events and exhibitions in the country. Spearheaded by Cactus, a leading advertising agency known for its innovative artwork and campaigns, this initiative aims to provide a versatile space suitable for various events, moving beyond the traditional venues typically used, such as Alliance Française and the Italian Cultural Institute.
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#DoingBusiness Sustaining the business
Whether you run a small or big business, you need to be in control and to be in control you need to follow a certain set of management principles and instruments, which provide you the necessary information to make decisions, informed decisions that is. Just how much management is required depends on the size of your business. There are many investors who have a good business idea and start off on a small scale. It normally takes time for any business to recover the initial investment and to make some real profit. Let us assume that the new business is beginning to pick up. By this I simply mean that the business is beginning to get customers and sales figures are slowly growing. Tilahun – I am referring to nobody in particular
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Whether you run a small or big business, you need to be in control and to be in control you need to follow a certain set of management principles and instruments, which provide you the necessary information to make decisions, informed decisions that is. Just how much management is required depends on the size of your business. There are many investors who have a good business idea and start off on a small scale. It normally takes time for any business to recover the initial investment and to make some real profit. Let us assume that the new business is beginning to pick up. By this I simply mean that the business is beginning to get customers and sales figures are slowly growing. Tilahun – I am referring to nobody in particular
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#CapitalNews | የባንክ ኢንዱስትሪውን ዘግይተው ከተቀላቀሉ መካከል አንዱ የሆነዉ አሃዱ ባንክ በተጠናቀቀው 2016 በጀት ዓመት ከታክስ በፊት 120 ሚሊዮን ብር ገደማ ትርፍ ማግኘቱን ገልጿል።
ባንኩ ስራ በጀመረበት የመጀመሪያ አመት ማለትም 2015 የስራ አፈፃፀሙ 267.7 ሚሊዮን ብር ኪሳራ ያስመዘገበ ቢሆንም በተያዘው በጀት ዓመት ግን ወደ ትርፍ መሸጋገር መቻሉን ነዉ በሪፖርቱ ያስታወቀው ።
በሁለት ዓመቱ የስራ ቆይታዉ ትርፍ ማስመዝገብ የቻለዉ አሃዱ ባንክ አጠቃላይ ሃብቱ 6.4 ቢሊዮን ብር መድረሱን እና 1.4 ቢሊዮን ብር ደግሞ የተፈረመ ካፒታል መሆኑን ጠቅሷል።
እኤአ በ 2021 የተቋቋመው ባንኩ አጠቃላይ ተቀማጭ ሂሳብ 4.66 ቢሊዮን ብር መድረሱን ገልጿል። በተጠቀሰው የስራ ዘመን 80 ሚሊዮን የአሜሪካ ዶላር የሚሆን የዉጭ ምንዛሪ መሰብሰብ መቻሉን ነዉ ያስታወቀው ።
ባንኩ ስራ በጀመረበት የመጀመሪያ አመት ማለትም 2015 የስራ አፈፃፀሙ 267.7 ሚሊዮን ብር ኪሳራ ያስመዘገበ ቢሆንም በተያዘው በጀት ዓመት ግን ወደ ትርፍ መሸጋገር መቻሉን ነዉ በሪፖርቱ ያስታወቀው ።
በሁለት ዓመቱ የስራ ቆይታዉ ትርፍ ማስመዝገብ የቻለዉ አሃዱ ባንክ አጠቃላይ ሃብቱ 6.4 ቢሊዮን ብር መድረሱን እና 1.4 ቢሊዮን ብር ደግሞ የተፈረመ ካፒታል መሆኑን ጠቅሷል።
እኤአ በ 2021 የተቋቋመው ባንኩ አጠቃላይ ተቀማጭ ሂሳብ 4.66 ቢሊዮን ብር መድረሱን ገልጿል። በተጠቀሰው የስራ ዘመን 80 ሚሊዮን የአሜሪካ ዶላር የሚሆን የዉጭ ምንዛሪ መሰብሰብ መቻሉን ነዉ ያስታወቀው ።
#CapitalNews | ነዋሪ ያልገባባቸዉ የጋራ መኖሪያ ቤቶች ዉላቸዉን ለማቋረጥ የወጣው ማስጠንቀቂያ ለ ተጨማሪ እንድ ወር መራዘሙ ተገለፀ
በእጣ የተላለፉ የጋራ መኖሪያ ቤቶች ላይ ነዋሪ ባለመግባቱ ምክንያት የተለያዩ ህገ ወጥ ተግባራት እየተፈፀመባቸው እንደሚገኝ የአዲስ አበባ ቤቶች ልማት ኮርፖሬሽን አስታዉቆ እንደነበር ይታወቃል ።
በዚህም በእጣ እና በጨረታ ተላልፈው ነዋሪ ያልገባባቸው የጋራ መኖሪያ ቤቶች እስከ ጥቅምት 30/2017 ዓ.ም ድረስ የቤት ባለቤቶቹ የማይገቡበት ከሆነ ውል የሚቋረጥ መሆኑን የገለፀ ቢሆንም ዛሬ በሰጠዉ ማስጠንቀቂያ ለመጨረሻ ጊዜ ወደ ህዳር 30 ቀን 2017 ዓ.ም. ማራዘሙን ነዉ ያስታወቀው ።
በእጣ የተላለፉ የጋራ መኖሪያ ቤቶች ላይ ነዋሪ ባለመግባቱ ምክንያት የተለያዩ ህገ ወጥ ተግባራት እየተፈፀመባቸው እንደሚገኝ የአዲስ አበባ ቤቶች ልማት ኮርፖሬሽን አስታዉቆ እንደነበር ይታወቃል ።
በዚህም በእጣ እና በጨረታ ተላልፈው ነዋሪ ያልገባባቸው የጋራ መኖሪያ ቤቶች እስከ ጥቅምት 30/2017 ዓ.ም ድረስ የቤት ባለቤቶቹ የማይገቡበት ከሆነ ውል የሚቋረጥ መሆኑን የገለፀ ቢሆንም ዛሬ በሰጠዉ ማስጠንቀቂያ ለመጨረሻ ጊዜ ወደ ህዳር 30 ቀን 2017 ዓ.ም. ማራዘሙን ነዉ ያስታወቀው ።
#CapitalNews | ወጋገን ባንክ ተቀማጭ ገንዘብ ከ 50 ቢሊዮን ብር በላይ መድረሱን አስታወቀ
በተጠናቀቀው በጀት ዓመት ከታክስ በፊት በታሪኩ ከፍተኛ ሆኗል ያለዉን 2.2 ቢሊዮን ትርፍ ማስመዝገቡን የገለፀው ወጋገን ባንክ በዚሁ ዓመት ከ 9 ቢሊዮን ብር በላይ ገቢ ማግኘት ችያለሁ ብሏል።
ወደ 12 ሺህ ገደማ ያህል ባለአክሲዮኖች ያሉት ባንኩ በ2016 ዓ.ም. ከ 1.6 ቢሊዮን ብር በላይ የተጣራ ትርፍ ማግኘቱን እና የተከፈለ ካፒታል ካለፈዉ ተመሳሳይ ዓመት አንፃር የ27 በመቶ እድገት በማሳየት በበጀት ዓመቱ መጨረሻ ብር 5.1 ቢሊዮን መድረሱን አስታውቋል ።
የወጋገን ባንክ የዳይሬክተሮች ቦርድ ሰብሳቢ አቶ አብዲሹ ሁሴን የባንኩን 31ኛ መደበኛ እና 15ኛ አስቸኳይ የባለአክሲዮኖች ጠቅላላ ጉባኤ ላይ እንደተናገሩት ባንኩ በ2016 በጀት ዓመት በሁሉም ቁልፍ የአፈፃፀም መለኪያዎች "አመርቂ ውጤት" ሊያስመዘግብ ችሏል ብለዋል።
የባንኩ ተቀማጭ ገንዘብ የ22 በመቶ እድገት በማስመዝገብ 52.1 ቢሊዮን ብር መድረሱን የጠቀሱት አቶ አብዲሹ ሁሴን ባንኩ ለተለያዩ የኢኮኖሚ ዘርፎች የሰጠው ብድርም 45.1 ቢሊዮን ብር መድረሱን ጨምረው ተናግረዋል።
የ2016 በጀት ዓመት የባንኩ አጠቃላይ የውጭ ምንዛሪ ገቢ 305 ሚሊዮን ዶላር የደረሰ ሲሆን ይህም ካለፈዉ ዓመት የ 241 ሚሊዮን ዶላር ጋር ሲነፃፀር በ65 ሚሊዮን ዶላር (27%) ጭማሪ ማሳየቱን በሪፖርቱ አብራርተዋል ።
በተጠናቀቀው በጀት ዓመት ከታክስ በፊት በታሪኩ ከፍተኛ ሆኗል ያለዉን 2.2 ቢሊዮን ትርፍ ማስመዝገቡን የገለፀው ወጋገን ባንክ በዚሁ ዓመት ከ 9 ቢሊዮን ብር በላይ ገቢ ማግኘት ችያለሁ ብሏል።
ወደ 12 ሺህ ገደማ ያህል ባለአክሲዮኖች ያሉት ባንኩ በ2016 ዓ.ም. ከ 1.6 ቢሊዮን ብር በላይ የተጣራ ትርፍ ማግኘቱን እና የተከፈለ ካፒታል ካለፈዉ ተመሳሳይ ዓመት አንፃር የ27 በመቶ እድገት በማሳየት በበጀት ዓመቱ መጨረሻ ብር 5.1 ቢሊዮን መድረሱን አስታውቋል ።
የወጋገን ባንክ የዳይሬክተሮች ቦርድ ሰብሳቢ አቶ አብዲሹ ሁሴን የባንኩን 31ኛ መደበኛ እና 15ኛ አስቸኳይ የባለአክሲዮኖች ጠቅላላ ጉባኤ ላይ እንደተናገሩት ባንኩ በ2016 በጀት ዓመት በሁሉም ቁልፍ የአፈፃፀም መለኪያዎች "አመርቂ ውጤት" ሊያስመዘግብ ችሏል ብለዋል።
የባንኩ ተቀማጭ ገንዘብ የ22 በመቶ እድገት በማስመዝገብ 52.1 ቢሊዮን ብር መድረሱን የጠቀሱት አቶ አብዲሹ ሁሴን ባንኩ ለተለያዩ የኢኮኖሚ ዘርፎች የሰጠው ብድርም 45.1 ቢሊዮን ብር መድረሱን ጨምረው ተናግረዋል።
የ2016 በጀት ዓመት የባንኩ አጠቃላይ የውጭ ምንዛሪ ገቢ 305 ሚሊዮን ዶላር የደረሰ ሲሆን ይህም ካለፈዉ ዓመት የ 241 ሚሊዮን ዶላር ጋር ሲነፃፀር በ65 ሚሊዮን ዶላር (27%) ጭማሪ ማሳየቱን በሪፖርቱ አብራርተዋል ።