Ezana Mining Propositions Central Bank For Credit Cap Exemption, Special Privileges Ethiopian News Ezana Mining Propositions Central Bank For Credit Cap Exemption, Special Privileges In a bid to break up the entrenched illicit gold trade in Tigray and revive…adminAugust 21, 2024
Central Bank’s Forex Auction Finds Dollar Rate At 107.9 Birr Ethiopian News Central Bank’s Forex Auction Finds Dollar Rate At 107.9 Birr No less than 27 commercial banks took part in the National Bank of Ethiopia’s Special…adminAugust 8, 2024
Central Bank’s Forex Auction Finds Dollar Rate At 107.9 Birr Ethiopian News Central Bank’s Forex Auction Finds Dollar Rate At 107.9 Birr No less than 27 commercial banks took part in the National Bank of Ethiopia’s Special…adminAugust 7, 2024
Central Bank Adjusts Gold Purchase Price, Again Ethiopian News Central Bank Adjusts Gold Purchase Price, Again The National Bank of Ethiopia (NBE) has announced yet another change to its gold purchase…adminJuly 31, 2024
Central Bank Revamps Monetary Policy Ethiopian News Central Bank Revamps Monetary Policy Governor Mamo Mihretu has announced a rework of the National Bank of Ethiopia’s (NBE) monetary…adminJuly 10, 2024
Legislation Looks To End Central Bank Lending To Government Ethiopian News Legislation Looks To End Central Bank Lending To Government Draft proclamation proposes raising NBE authorized capital to 20 billion birr Amendments under an upcoming…adminJune 23, 2024
African Union Sets August 6 Deadline For Commission Posts Applicants The African Union Has Opened The Floor For Aspirants Of The Upcoming Race For The Chairperson And Deputy Positions Of The Continental Body’s Commission To File Their Papers, Or Drop Out In Favour Of Rivals. Aspirants Are To Submit Their CVs To Their Respective Countries, Statements Of Vision And How They Intend To Address Emerging Challenges On The Continent. It Is The First Step For Aspirants To Show Intent To Serve As Leaders Of The African Union Secretariat. But It Will Not Be The Most Difficult. Four Aspirants Have Already Announced Publicly They Will Seek To Contest. They Include Kenya’s Opposition Leader Raila Odinga, Djiboutian Foreign Minister Mahmoud Ali Youssouf, Somalia’s Former Foreign Minister Fawzia Yusuf Adam, And Former Seychellois Vice President Vincent Meriton. Their Countries Had Already Backed Them. Under The Current African Union Rules On Regulations, The Seat For The African Union Commission Chairperson Will Only Be Contested By Countries In The Eastern Region While The Deputy Will Be Contested By The Northern African Region. Depending On Whether A Male Or Female Candidate Wins The Chairperson Seat, The Deputy Will Then Come From The Opposite Gender. According To An Election Notice Publicised Last Week, The AU Said Candidates Will File Applications Through Their Member States. But The Final Candidates On The Ballot Will Be Determined After A Lengthy Procedure That Will Also See Them Vetted By A Panel Of Experts Before The Polls In February 2025. All The Eight Positions Of The Commission — Chairperson, Deputy And Six Commissioners — Are Up For Grabs. But Each Region Will Be Given Slots Based On What Leaders Agreed On As A Fair “principle Of Inter-regional Rotation.” It Means The Six Commissioners Will Fall To The Remaining Regions Of South, Central And Western. “Each Region Determines Its Own Procedure For Nominating Candidates For The Portfolios For Which It Is Eligible,” The Notice Says. The Region Then Hands In Its List To The Panel Of Experts By August 6. “Only Names Of Candidates Submitted By The Region Will Be Considered In The Pre-selection Process Undertaken By The Panel Of Eminent Africans. Further, Only Member States That Are Not Under AU Sanctions Are Allowed To Submit Candidates.” It Means Countries Currently Suspended For Committing Coups, Including Sudan, Gabon, Niger, Mali, Burkina Faso And Guinea Are Ineligible To Compete For Any Slots. Although Qualifications For Each Of The Slots Had Already Been Created Under The Rules Of The African Union, The Panel Of Eminent Persons Says It Has Developed Job Profiles And Competency Requirements For The Leadership Posts. “This Includes Generic Leadership Skills And Competencies As Well As Expert And Thematic Skills For Each Portfolio. The Assessment Process For All Candidates Is Based On The Skills And Competencies Identified For Each Senior Leadership Position,” Said A Dispatch That Said Qualified Candidates Must Be “visionary.” (The East African) Ethiopian News African Union Sets August 6 Deadline For Commission Posts Applicants The African Union Has Opened The Floor For Aspirants Of The Upcoming Race For The Chairperson And Deputy Positions Of The Continental Body’s Commission To File Their Papers, Or Drop Out In Favour Of Rivals. Aspirants Are To Submit Their CVs To Their Respective Countries, Statements Of Vision And How They Intend To Address Emerging Challenges On The Continent. It Is The First Step For Aspirants To Show Intent To Serve As Leaders Of The African Union Secretariat. But It Will Not Be The Most Difficult. Four Aspirants Have Already Announced Publicly They Will Seek To Contest. They Include Kenya’s Opposition Leader Raila Odinga, Djiboutian Foreign Minister Mahmoud Ali Youssouf, Somalia’s Former Foreign Minister Fawzia Yusuf Adam, And Former Seychellois Vice President Vincent Meriton. Their Countries Had Already Backed Them. Under The Current African Union Rules On Regulations, The Seat For The African Union Commission Chairperson Will Only Be Contested By Countries In The Eastern Region While The Deputy Will Be Contested By The Northern African Region. Depending On Whether A Male Or Female Candidate Wins The Chairperson Seat, The Deputy Will Then Come From The Opposite Gender. According To An Election Notice Publicised Last Week, The AU Said Candidates Will File Applications Through Their Member States. But The Final Candidates On The Ballot Will Be Determined After A Lengthy Procedure That Will Also See Them Vetted By A Panel Of Experts Before The Polls In February 2025. All The Eight Positions Of The Commission — Chairperson, Deputy And Six Commissioners — Are Up For Grabs. But Each Region Will Be Given Slots Based On What Leaders Agreed On As A Fair “principle Of Inter-regional Rotation.” It Means The Six Commissioners Will Fall To The Remaining Regions Of South, Central And Western. “Each Region Determines Its Own Procedure For Nominating Candidates For The Portfolios For Which It Is Eligible,” The Notice Says. The Region Then Hands In Its List To The Panel Of Experts By August 6. “Only Names Of Candidates Submitted By The Region Will Be Considered In The Pre-selection Process Undertaken By The Panel Of Eminent Africans. Further, Only Member States That Are Not Under AU Sanctions Are Allowed To Submit Candidates.” It Means Countries Currently Suspended For Committing Coups, Including Sudan, Gabon, Niger, Mali, Burkina Faso And Guinea Are Ineligible To Compete For Any Slots. Although Qualifications For Each Of The Slots Had Already Been Created Under The Rules Of The African Union, The Panel Of Eminent Persons Says It Has Developed Job Profiles And Competency Requirements For The Leadership Posts. “This Includes Generic Leadership Skills And Competencies As Well As Expert And Thematic Skills For Each Portfolio. The Assessment Process For All Candidates Is Based On The Skills And Competencies Identified For Each Senior Leadership Position,” Said A Dispatch That Said Qualified Candidates Must Be “visionary.” (The East African) The African Union has opened the floor for aspirants of the upcoming race for the…adminJune 6, 2024
Central Bank To Undertake Digital Currency Study Ethiopian News Central Bank To Undertake Digital Currency Study Regulators are readying to embark on a study on the use of a Central Bank…adminApril 9, 2024
Central Bank Propositions Battered EFFORT Mining Co. | The Reporter | Latest Ethiopian News Today Ethiopian News Central Bank Propositions Battered EFFORT Mining Co. | The Reporter | Latest Ethiopian News Today Ezana Mining preparing to restart operations Regulators at the central bank have proposed a gold-for-forex…adminDecember 25, 2023
Ethiopia : Massive Arrest Of Teachers In Central Region Ethiopian News Ethiopia : Massive Arrest Of Teachers In Central Region Teachers in Hadya Zone of Central Ethiopia have not been paid salaries since August this…adminDecember 18, 2023