Political will essential to tackling inflation
The statement outlines the policy measures the central bank believes can help reduce inflation in a significant and sustained manner. The ominous specter of a socio-economic catastrophe that this phenomena poses is liable to precipitate a political instability that must be averted before it causes irreparable harm. However, the manner in which they have been soaring is not only unfair, but also far outstrips the rise in income levels. These steps may go some way toward bringing down inflation to the level projected by NBE in the short-term. In the absence of a political commitment, any attempt to bring down the country’s rampant inflation is bound to fall flat.
Source:Ethiopian News
August 12, 2023 18:15 UTC
Kenya, Ethiopia Ink Deal to Fast Track LAPSSET Corridor Project
Kenya and Ethiopia have agreed to develop the Lamu Port South Sudan Ethiopia Transport (LAPSSET) Corridor Programme. The project, once completed, will connect the country to Ethiopia and South Sudan. Transport CS Kipchumba Murkomen on Friday said the project’s long-term goal involves creating a land bridge between the East and West Coast of Africa. The upgrading of the Lamu-Ijara-Garissa to Isiolo is ongoing.”Further, the two neighbouring countries inked a deal to connect the Standard Gauge Railway (SGR) with Ethiopia. “We further agreed to establish a Bilateral Steering Committee comprising officials from Kenya and Ethiopia to fast-track the development of the LAPSSET Corridor and its supporting infrastructure,” Murkomen said.
Source:Ethiopian News
August 12, 2023 17:32 UTC
Allies of Niger President Overthrown by Military Are Appealing to the US and Others: Save His Life
WASHINGTON (AP) — After nearly three weeks of appealing to the United States and other allies for help restoring Niger’s president to power, friends and supporters of the democratically elected leader are making a simpler plea: Save his life. The beleaguered president and his ambassador, whom junta members have declared out of a job, talk one or more times a day. However, an activist who supports Niger's new military rulers in its communications said the reports of the president's dire state were false. Under Secretary of State Victoria Nuland met with Niger's junta members in the capital this week but called them unreceptive to her demands to restore Niger's democracy. Blinken has expressed broad support for ECOWAS, whose diplomatic efforts have been spurned by the Niger junta and which has warned of military force as a last resort.
Source:Ethiopian News
August 12, 2023 17:17 UTC
Press Freedom: Ethiopian Authorities Arrest Alpha Media Founder Bekalu Alamrew
Photos: YouTube ScreenshotsDurban, South Africa—Ethiopian authorities must immediately release journalist Bekalu Alamrew, founder and chief editor of Alpha Media, a YouTube-based news channel, and ensure the protection of press freedom, the Committee to Protect Journalists said Wednesday. Prior to his arrest Bekalu extensively covered the ongoing violent confrontation in Amhara state between government forces and Fano, an armed militia operating within the state. This conflict resulted in the declaration of a six-month-long state of emergency and an ongoing internet shutdown in the region. Bekalu has been arrested several times previously and released without charges. In Ethiopia, several journalists who were detained in April continue to remain in custody after authorities pressed terrorism charges.
Source:Ethiopian News
August 12, 2023 16:43 UTC
Israel successfully evacuates over 200 citizens amid Ethiopian conflict
Over 200 Israeli citizens and Ethiopian Jews have been evacuated on a special flight from two cities in the Amhara and Oromia regions impacted by recent violence and flown to the country’s capital Addis Ababa. The Jewish community in the Amhara region numbers in the thousands. Prime Minister Benjamin Netanyahu stated in a statement that he had ordered the evacuees to be relocated out of war zones and that they will depart for Israel. Despite recent heavy clashes between the army and local militias, relative quiet has been reported in the Amhara region’s major cities. AdvertisementThe army claims to have retaken control of critical areas, but inhabitants in several smaller towns and rural areas believe local militias remain in command.
Source:Ethiopian News
August 12, 2023 15:55 UTC
Vale :: Paloma Routboule’s spectacular finish at Canal Verte’s World Cup
With this result, Las Panteritas ranked ninth. China took a two-point lead at 10-12 but Argentina came back and managed to bring it around 17-13. In the second set, Las Panteritas got off to a 7-2 start, showing great play on the counterattack and blocking. China responded with serve and moved to 16–12, but Las Panteritas kept the gap and took the final leg at 20–15. In the third set, Las Panteritas opened to an 8–3 lead but China responded quickly and held a point at 9–8.
Source:Ethiopian News
August 12, 2023 15:36 UTC
Kacha Mobile Money Gets Nod to Launch Commercial Operations – Ethiopian Monitor
ADDIS ABABA – The National Bank of Ethiopia (NBE) has officially approved a request by Kacha Digital Financial Service S.C., the first private payment instrument issuer in the country, to launch full-scale commercial operations. The Fintech embarked on an intensive period of testing and refining its mobile money and other financial services over the ussd code *677#, android & IOS applications after securing its piloting license from the NBE in June 2022. The central bank has now approved Kacha’s request for the commercial operations of its money and use of agent business. Over the past few months, Kacha completed a seamless integration with EthSwitch, the national switch, as well as major banks and mobile money service providers. With a customer-centric approach, Kacha’s mobile money and other financial services are set to revolutionize financial transactions for individuals and businesses across Ethiopia.
Source:Ethiopian News
August 12, 2023 15:07 UTC
Gov’t says 1st phase Amhara region operation successful
second phase underwayThe Ethiopian government has announced that the first phase of its law enforcement operation in the Amhara region has been successfully completed. The general command formed to oversee the implementation of the state of emergency said the second phase of the military operation against Amhara Fano militants has now begun. The Ethiopian National Defense Force (ENDF) has swiftly taken control of contested areas in the Amhara region that were engulfed in conflict with Amhara Fano militants two weeks ago. The Amhara region had seen rising tensions and clashes in recent weeks involving Amhara Fano groups and other militias. Legesse said there were civilian casualties and robbery during the conflict in Amhara region, pledging the extent of the damage would be disclosed.
Source:Ethiopian News
August 12, 2023 12:20 UTC
Emergency Proclamation Enforced for Public Peace and Security
Accordingly, in conformity with Article 93 of the Ethiopian Constitution, the Council of Ministers declared a State of Emergency on 04 August 2023, Proclamation No. A Central Command headed by the Director General of the National Intelligence and Security Service has been established for the effective implementation of the State of Emergency. When deemed necessary, the State of Emergency Central Command can order law enforcement agencies to use proportional force to implement emergency measures. In addition, the Proclamation prohibits to hold public meetings or demonstrations without the permission of the State of Emergency Central Command. He also briefed him on the opportunities and challenges of implementing the Second Home-Grown Economic Reform agenda to accelerate economic transformation through improved productivity and competitiveness.
Source:Ethiopian News
August 12, 2023 12:06 UTC
Debate over proposed “Central Ethiopia” intensifies as supporters, critics take sides
The proposal to establish a new “Central Ethiopia” regional state out of existing Southern Nation Nationalities and Peoples Regional State (SNNPR) continues to generate debate, with little clarity on its ultimate fate. Among leading the opposition is Jemil Sanni of the Gurage Unity and Justice Party, citing Ethiopia’s constitutionally enshrined right to self-determination. - Advertisement -However, the government proposes creating a Central Ethiopia as a solution without holding any referendum, fueling accusations of high-handedness from figures like Jemil. He argued any solution requires careful consideration and consensus, with no one-size-fits-all answer for the complex ethnic federalism challenges facing Ethiopia. The strategy will help alleviate the tense situation that arose as a result of the formation of the Sidama regional state and the conflict over Hawassa city.
Source:Ethiopian News
August 12, 2023 11:59 UTC
Ethiopian Authorities Ignoring Legal Requirements 😀
SOLAN KOLLI/AFP via Getty ImagesCommittee to Protect Journalists (CPJ)Ethiopian authorities arbitrarily detain ‘Alpha Media’ founder Bekalu Alamrew, and confiscate his equipment. Ethiopian authorities must immediately release journalist Bekalu Alamrew, founder and chief editor of Alpha Media, a YouTube-based news channel, and ensure the protection of press freedom, the Committee to Protect Journalists said today. This conflict resulted in the declaration of a six-month-long state of emergency and an ongoing internet shutdown in the region. In Ethiopia, several journalists who were detained in April continue to remain in custody after authorities pressed terrorism charges. Federal police spokesman Jeylan Abdi did not reply to CPJ’s requests for comment sent via email and messaging app.
Source:Ethiopian News
August 12, 2023 11:49 UTC
Allies of Niger president overthrown by military are appealing to the US and others: Save his life
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Source:Ethiopian News
August 12, 2023 11:31 UTC
Anti-Ethiopian racism in Israel must be rooted out - editorial
On Tuesday, Liel – an Ethiopian Israeli combat soldier serving in the IDF’s Givati Brigade – experienced blatant racial discrimination at the Jilbon Farm restaurant in the Golan Heights, Channel 12 reported. Liel and his team went out for a meal at the restaurant after a day of military training. “I’m proof that you can overcome the challenge.”At the time, Prime Minister Benjamin Netanyahu invited Pakada for a meeting and pledged to eradicate racism and police violence against Ethiopian Israelis. Making aliyah in several waves, including Operations Moses, Joshua, and Solomon, many Ethiopian Israelis still struggle to integrate into Israeli society amid lingering complaints of discrimination. Jews have suffered extreme racism throughout their long history, and there must be zero tolerance for racism of any kind in the Jewish state.
Source:Ethiopian News
August 12, 2023 11:25 UTC
Getaneh Kebede signs for the Emperors
The former Wolkite Striker and Captain has signed a two-year deal with "the Emperors.". Ethiopian football Legend, Getaneh Kebede has signed for 2020/21 BetKing Ethiopia Premier League Champions, Fasil City otherwise known as Fasil Kenema. It will be recalled that both Getaneh Kebede and Wubetu Abate were embroiled in contorversies and differences when the latter was national Coach. Getaneh Kebede is arguably the biggest and the most experienced star in the BetKing Ethiopia Premier League. The striker has previously played for Debub Police, Dedebit, Saint George and Wolkite City in Ethiopian premier league before joining emperors.
Source:Ethiopian News
August 12, 2023 11:19 UTC
Ethiopia: LGBTIQ+ Rights in Ethiopia Under Spotlight Again
Harare — Ethiopian security personnel are repressing what it calls LGBTIQ+ sexual conduct at hotels, pubs, and restaurants in the nation's capital, Addis Ababa, according to Reuters. According to rights organisations, the LGBTIQ+ community in Ethiopia remains very much hidden because its members experience severe discrimination and fear violence and rejection if their identities are known. "Addis Ababa city peace and security administration office in cooperation with Addis Ababa police has started taking action on institutions suspected of committing homosexual acts in our city," Addis Ababa City Communication posted on their Facebook page. "House of Guramayle condemns the recent escalation in attacks on individuals in Ethiopia based on their real or perceived sexual orientation and gender identity. As a result, individuals suspected of belonging to the LBGTQIA+ community are being physically attacked in Ethiopia."
Source:Ethiopian News
August 12, 2023 02:17 UTC