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The Habesha: Latest Ethiopian News, Analysis and Articles

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July 2020

Central Bank of Ethiopia Introduces Deposit Protection Fund

By Gelila Samuel The federal government is set to establish an agency that will amass funds to be used as insurance payouts for depositors in times of financial crisis. Drafted by the National Bank of Ethiopia (NBE), the regulation lays out a legal framework for the establishment of the Ethiopia Deposit Insurance Fund that will

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Bole Lemi Industrial Park Sees Increases in Covid-19 Cases

By Maya Misikir Bole Lemi Industrial Park, the first park developed by the Industrial Parks Development Corporation, has seen a spike in confirmed Novel Coronavirus (COVID-19) cases last week. The Park, which has 18,000 employees, has sent 88 of its employees to treatment centres within a week’s time. The tests, conducted throughout the week, were

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