Ethiopian Business ReviewIceland has topped the Global Gender Gap Index for the 11th year in a row, according to the World Economic Forum’s Global Gender Gaps Report published last month. In 2020, the forum surveyed 153 countries. The highest possible score is 1 (total equality) and the lowest score is 0 (total inequality). Economic participation opportunity, educational attainment, health, survival, and political empowerment are factors taken into consideration in calculating the index.
Dire Dawa sees its first case of coronavirus after a 42 years old man who came from Australia tested positive. This has raised the total confirmed cases in Ethiopia to 26.
National Electoral Board of Ethiopia announced that it is not in a position to conduct the upcoming election based on the original schedule due to coronavirus, which has infected 25 people in the country so far. The Board also decided to cancel the election and forwarded its final resolution to the parliament for further discussion.
Although the election was originally scheduled to be conducted on August 29, delivering pre-elections goals had been difficult ever since the outbreak of coronavirus, according to the Board.
Ethiopian Airlines, the most profitable carrier in Africa, suspends flights to 80 of its 110 destinations as the spread of the coronavirus persists throughout the world, killing over 33,000 people so far.
Announcing a decline of its revenues from local travels by 50Pct, the Airlines continues cargo flights to all of its destinations, a move that is expected to offset part of its losses due to a drastic fall in its revenues from international travels.
The United States offers a job opportunity for medical professionals throughout the world. The offer is to those working to treat or mitigate the effects of COVID-19. The job offer is made just hours after the US overtakes Italy and China with almost 86,000 positive cases.
We encourage medical professionals seeking to work in the United States on a work or exchange visitor, particularly those working to treat or mitigate the effects of COVID-19, to reach out to the nearest embassy or consulate to request a visa appointment.
So far, COVID-19 killed 1300 people in the US, whose death toll lags behind China (3,291) and Italy (8,215).
National Bank of Ethiopia to avail ETB15 billion for private commercial banks in order to enable them extend loan repayment period of their customers, which are facing challenges because of the spread of coronavirus throughout the world.
The G20 leaders pledge to inject almost five trillion dollars into the global economy in order to support efforts in curbing the spread of COVID-19 pandemic and contain its social and economic impacts. This is announced as confirmed cases of cornavirus surpassed half a million.
South Africa confirms 218 cases of coronavirus today, bringing the total to 927. A statement released by the country’s Ministry of Health revealed that 409 of the cases were confirmed in Gauteng and 229 in Western Cape, while the remaining were in seven provinces of the country.
Former President of Commercial Bank of Ethiopia (CBE), Bacha Gina, is now assigned as Ambassador of Ethiopia to Morocco.
Bacha, who is now replaced by Abie Sano, former President of Oromia International Bank, at CBE, is new to diplomatic missions.
International Monetary Fund (IMF) to make USD10 billion interest-free loan available for low-income countries to swiftly address the impacts of coronavirus, which has infected 463,400 people so far. This is a part of USD50 billion financial facilities introduced by the Fund for low income and emerging market countries that could potentially seek support.
