Addis Fortune
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The Largest English Weekly In Ethiopia!

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The banking industry faces a shortage of skilled and experienced labour. With 140,000 jobs, banks are among the country’s largest employers. https://t.co/oNBda8RtcQ https://t.co/PFlyeYKqVc
Trade officials from regional states are in an uproar over the worsening cement shortage sending retail prices through the roof. They have lodged complaints with federal authorities. https://t.co/UdnXEm1EOm https://t.co/eBa4TD4mQb
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The shortage of skilled workforce in #Ethiopia has forced the banks to adjust salaries regularly and offer pay above the average labour cost and benefits packages. This has pushed operating expenses over the edge. https://t.co/oNBda8RtcQ https://t.co/NfFFngszDN
Netherland Sewell & Associates, an energy consulting firm based in the US, conducted natural gas reserve assessments in the #Ogaden Basin. Last Friday, the firm handed over certification that the volume of reserves stood at seven trillion cubic feet. https://t.co/L96fLsXHeI https://t.co/aYngUGZiiS
EDITORIAL: There is a renewed enthusiasm for establishing capital markets, which would modernise and financialise the economy. https://t.co/DMvMZ2o1cK https://t.co/8gaPHjifAg
The government allocated a 400 million Br budget to the programme last year. According to official figures, farmers in the #Oromia Regional State farmed nearly 260,000hct under the programme last year. . https://t.co/U3puVquzhh https://t.co/x0smDiO8je
EDITORIAL: It should be recognised as a vital step toward creating a robust private sector and competitive companies - facilitating the flow of capital from parties with surplus to those with a dearth. https://t.co/DMvMZ2o1cK https://t.co/wR3gTtAC0P
EDITORIAL: It makes raising capital for businesses and start-ups easier, provides alternative sources of finance and distributes risk through innovative financial products. https://t.co/DMvMZ2o1cK https://t.co/4vAy6HXLXo
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In the interest of your health and safety, Independent News & Media Plc, publisher of the largest English weekly in #Ethiopia, (Addis) Fortune, would like to share this with you. https://t.co/Ql4GQRkF2z
Trade officials have added six commodities under the contract farming scheme, hoping to fight what they say is “rampant” under-invoicing and hoarding practices. Officials hope to boost export revenues through the reclassification. https://t.co/LzVOndOTuk https://t.co/sSVBGhBXGF
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Five regional administrations submitted formal complaints to the Ministry last week. They blame the shortages on cement factories not supplying distributors based on quotas set by the Ministry. https://t.co/UdnXEm1EOm https://t.co/ZoJnD80tMt
Zemen Bank S.C. is all about giving customers choices and convenience. For us, banking is not limited to just branches and we see it as "something you do, not somewhere you go. https://t.co/F4w7eg4s89
Abie Sanu sits at the helm of the CBE, the highly capitalised financial institution in the country. By the end of last year, CBE’s capital reached 59 billion Br, accounting for over a quarter of the industry’s aggregate capital.
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የታለ (Yet’Ale) ፤ የሚፈልጉትን ሁሉ የሚያገኙበት አንድ የገበያ ቦታ!

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Two months ago, the Justice Ministry conducted a study on 155 cases filed in courts. It discovered commercial banks were a target for 370 billion Br in attempted fraud over the past five years. https://t.co/ZCDG7rEAda https://t.co/iCJZKhr4dO
The foremost barrier to post-pandemic recovery in almost every Sub-Saharan country today is rising inflation, which is much higher than in the developed world, write Austine and Andrea Sequeira. https://t.co/9WHz9Ye2mK https://t.co/mdWoihNgEu