Posts

Debub Global Bank Recovers from Previous Loss with 18m Br Profit

Image
The Bank has mobilised 500 million Br deposit, disburses 266 million Br loans and advances Debub Global Bank S.C. has registered a profit after tax of 18.5 million Br for the fiscal year, recovering from the previous year’s loss of 14.3 million Br; it has registered earnings per share of 90.9 Br. Debub, which has worked hard in financial intermediations and other services such service charges, commissions and foreign exchange dealings has earned 37.2 million Br from interest incomes, which increasedby 427pc from last year. Non-interest earnings have staggeringly went up to 44.2 million Br showing an increase of 414pc. Debub has disbursed loans and advances of 266.6 million Br and invested 94.8 million Br in the National Bank of Ethiopia (NBE) bond. The loan and advances that the Bank has disbursed has shown an increase of 168pc and the investment in the NBE bonds represents 1.8pc of the Bank’s total assets and 18.9pc of its deposit. Although the amount that Debub disburse

ሲዳማ ቡና ፕሪምየር ሊጉን በ5 ነጥብ ልዩነት በመምራት ላይ ነው

Image
በትናንትናው እለት በተደረገ የኢትዮጵያ ፕሪምየር ሊግ ጨዋታ ሲዳማ ቡና ወልዲያ ከነማን 1 ለ0 ሲያሸንፍ ሀዋሳ ከነማ ደግሞ ከሙገር ሲሚንቶ ኣቻለኣቻ ተለያይቷል። ኢትዮጵያ ቡና በበኩሉ መከላከያን 2ለ0 በሆነ ውጤት አሸንፏል።  ክልል ላይ በተደረጉ ጨዋታዎች አርባምንጭ ከነማ ከቅዱስ ጊዮርጊስን 1 ለ0 በሆነ ውጣት ሲጠናቀቅ፥ ደደቢት ዳሽን ቢራን በተመሳሳይ 1ለ0 በሆነ ውጤት አሸንፈዋል።   ፕሪሚየር ሊጉን ሲዳማ ቡና 11 ጨዋታዎች አድርጎ በ23 ነጥብ ሲመራ፣ ቅዱስ ጊዮርጊስ በ10 ጨዋታ 18 ነጥብ ይዞ ሁለተኛ ላይ ይገኛል እንዲሁም መከላከያ በ11 ጨዋታ በ16 ነጥብ  በሶስተኝነት ይከተላል።

Ethiopian opposition says electoral body blocks party registration

Image
(Reuters) - Ethiopia's sole opposition member of parliament said on Friday the country's electoral board had turned down all four election logos his party had submitted, preventing it from registering for the May election. Girma Seifu said his Unity for Democracy and Justice (UDJ) and the board had been haggling over the logo for months. "From the very beginning, (government) activities have not been free and fair," Girma said. "They do not want us to participate. It is a tactic." Girma said however that the UDJ would not boycott the poll. No electoral board or government spokesperson was immediately available to comment. The Ethiopian People's Revolutionary Democratic Front, a coalition of four regional parties, has been in power since toppling military dictator Mengistu Haile Mariam in 1991. Dissidents and rights groups say the government routinely cracks down on activists and journalists. The government denies this. Opposition

Ethiopian Airlines Cargo plane crashes in Ghana

Image
An Ethiopian Airlines cargo plane crashed on Saturday overshooting the runway at the Kotoka International Airport in Accra, Ghana. Early reports claim that three crew members injured on board the cargo plane have been rushed to the 37 military hospital in Accra. The Corporate Communications Officer of the Ghana Airport Company, Newman Quartey said though the victims survived the incident, they had to be rushed to the hospital for medical attention, according to media reports from Ghana. He also said that operations at the airport have normalized adding that “the normal flights are operating on schedule.” Ethiopian Airlines has so far not issued an official statement on Saturday’s incident in Accra. Ethiopian Airlines Cargo serves Accra, Douala, Bamako, Abuja, Malabo, Libreville, Ouagadougou, Port Harcourt, Cotonou and Abidjan via Addis Ababa and its new hub in Togo. The Ethiopian Airlines Freighter fleet consists of two 757Fs and the belly holds of nine B767-300ER, six

Ethiopia, Nigeria, 2 Others Account for Half of Africa’s Poor, Says Report

Image
Nigeria’s former President, Chief Olusegun Obasanjo By Dele Ogbodo  Nigeria, the Democratic Republic of the Congo (DRC), Tanzania and Ethiopia currently account for about 413 million people living below poverty line in Africa. This is about half of the continent’s population. The disclosure was contained in the 2014 Africa Progress Panel Report (APPR), released during the week. The panel which has 10 board members is currently chaired by the former Secretary-General of the United Nations (UN), Kofi Annan. Nigeria’s former President, Chief Olusegun Obasanjo, is also on the board. The report stated:  "More than 413 million people still live below the poverty line. Just four countries: Nigeria, DRC, Tanzania, and Ethiopia, account for half of Africa’s poor." While acknowledging that Africa remains one of the world’s fastest growing regions in the world, it said: "In the past decade and a half, the only global region to grow consistently faster than Sub-Saharan