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On 1 August, the government ordered the shutdown of dozens of businesses due to surging prices of basic commodities in Addis Ababa. Addis Ababa City Trade Bureau spokesperson Sewnet Ayele said, "the businesses were caught making unreasonable price increases, mostly on food items. The stocks were imported before the new exchange rate."
The text on the notes was in Amharic and French. A 50-talari note was added in 1929, by which time over 1.5 million talaris in notes were circulating. The Bank of Ethiopia issued notes in 1932 in denominations of 5, 10, 50, 100 and 500 talaris. A 2-talari note dated 1 June 1933 was issued in honour of the Imperial couple.
Independent News and Media Plc English addisfortune.news/ Africa News Channel: Addis Ababa 2014 Addis Standard: Addis Ababa: 2011 JAKENN Publishing P.L.C. English Addisstandard.com: Addis Tribune [1] Addis Ababa: 1992 Addis Zemen: Addis Ababa: 1941 Ethiopian Press Agency (government) Amharic Awramba Times [2] Addis Ababa: 2007 Amharic, English ...
The S&P 500 and Nasdaq rose 0.57% and 0.63%, respectively, while the Dow Jones increased by over 100 points. The 10-year Treasury yield rose three basis points to 4.298%. The US dollar jumped ...
The shaking was felt throughout central and eastern Ethiopia, including the capital Addis Ababa, southern Afar, southern Amhara, central Oromia and northwestern Somali Regions. [6] On 16 October, a 4.8 magnitude earthquake occurred at 11:11 PM local time, which had an epicentre in the Metehara area of Oromia.
The death toll from the devastating landslides in southern Ethiopia has climbed to 257, according to the UN’s humanitarian agency OCHA, which cited local authorities on Wednesday.
On 15 March 2024, the Commercial Bank of Ethiopia (CBE) reported having glitching issues between 12 a.m. and 3 a.m. Customers were able to withdraw large amounts of cash (more than 8 million dollars) not deposited in their accounts, and were able to make unlimited ATM withdrawals. After circulated in social media, CBE released five notes within ...
25 December – The Ethiopian National Defense Force closes the country's border with Somalia following heavy fighting in rural areas of Harshin, Fafan Zone, between Ethiopia's Somali regional forces and local clan militias after the killing of a local security chief and his bodyguards. Hundreds of people, including children, flee from their homes.