Munir Shemsu

Hunting the Hamster: Ethiopia's Youth Tap Out on Crypto

Exploration of the Hamster Kombat craze that swept through Ethiopia, only to culminate in disappointment.

SantimPay Launches Fundraising platform

The company currently handles around half a million transactions daily, amounting to 110 million birr.

Ethiopia’s Central Bank Pulls Back Fees From FX Spreads Sparking Industry Wide Trims on ‘Posted’ Rates

Following the transition towards a market-based foreign exchange regime in the final days of July, the ballooning spread at most banks had become a source of concern for many industry onlookers.

Proposal to Push EU’s Deforestation Law Brews Good News for Ethiopia’s Coffee

The EU accounted for 34.5% of all merchandise exports from Ethiopia in the second quarter of 2023/2024, with coffee contributing nearly a third of the total outflow.

Ethiopia Undertakes Civil Service Reform With 70 Million Dollar World Bank Loan

Low salary satisfaction, inadequate resources, limited professional development opportunities, and low prestige are cited as key drivers of low motivation among civil servants.

Here Are the New Ethio Telecom Prices: What You Need to Know

Ethio Telecom has introduced a wide-ranging tariff increase, prompted by rising operational costs following the adoption of a floating exchange rate policy two months ago.