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Currency News

Ethiopia: Wolayita Dicha Players Collect 520, 000 Birr Bonus

13 Mar 2018 09:37AllAfrica.com
Following a 2-1 win over the visiting Egyptian side Zamalek last week Wednesday at the Hawassa international stadium, the Ethiopian CAF Confederation Cup representatives Wolayita Dicha players and staff members were given 520, 000 Birr bonus the next ... more

Ethiopia: Corporation Earns 730.4 Million Birr Revenue

07 Mar 2018 23:03AllAfrica.com
Ethiopian Agricultural Business Corporation earned revenue of 730.4 million birr in the last six months from sale of agricultural inputs such as fertilizers and agrochemicals significantly surpassing the plan, which was 448.8 million birr. Amarech ... more

Ethiopia: ECX Trades Over 14 Billion. Birr in First Half Year

13 Feb 2018 09:00AllAfrica.com
The Ethiopian Commodity Exchange (ECX) has traded 14.47 billion birr in the first half of the current Ethiopian fiscal year. ECX reported that it traded 317,607 tons of produces, namely coffee, sesame, haricot and mung beans. Some 133,818 tons of ... more

4 killed in unrest in Eastern Ethiopia

13 Feb 2018 07:07Xinhua
"In addition, machineries amounting to 150 million Ethiopian birr (5.5 million US dollars) were destroyed in the unrest," he said. more

Camel trains are holding up Ethiopia's new railway line

08 Feb 2018 09:45The Economist
“MORE than any other technical design or social institution,” wrote the late British historian, Tony Judt, “the railway stands for modernity. more

Ethiopia: Ministry Earns US#60.51 Million Amid Revenue Decline

07 Feb 2018 04:18AllAfrica.com
Ministry of Mining disclosed that the nation has earned 60.51 million USD in the past six month from the sale of gold, value-added opal, gemstone, tantalum extracted through companies and traditional producers, despite failing to meet set target. more

Gold Wins, Bitcoin Loses

06 Feb 2018 22:07Bloomberg
Oh, Bitcoin. Your problem was never that you were too unpredictable. It was always that you weren't unpredictable enough. Bitcoin was never really going to cut it as a true currency. more

Expansion of Ethiopia's first industrial park reopens old wounds

01 Feb 2018 07:18Reuters
“We were the first,” Shewangizaw, a middle-aged farmer who lost his fields to an Ethiopian-owned factory back in 2006, told the Thomson Reuters Foundation bitterly. more
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