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Ethiopian News

Doubled Deposit Interest Tax Rate Troubles Bankers

Bankers have opposed the government’s decision to double the tax rate on deposit interest, arguing…

adminAugust 1, 2025

Ethiopian News Main Image

Ethiopian News

NBE Governor Blames ‘Bad Practices’ At Banks For Stubborn Forex Rate Disparity

The Governor of the National Bank of Ethiopia (NBE) says mismanagement at commercial banks is…

adminJune 29, 2025

Ethiopian News Main Image

Ethiopian News

Forex Auction Sets USD Rate At 135.6 Birr

The central bank’s second forex auction since August 2024 saw banks bid a weighted average…

adminFebruary 27, 2025

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