Mintesinot Nigussie251 Communications and Marketing Private Limited has officially launched the 7th Annual Real Estate and Home Expo. The event is taking place from December 27 to 29, 2024, at the Sheraton Addis Inter Luxury Collection Hotel.
Land for Life Ethiopia has successfully organized the 2nd Ethiopian Land Day, bringing together policymakers, academics, civil society organizations, and private sector representatives. Under the theme “The Quest for Resilient Land Governance for a Better Life in Ethiopia,” the event has served as a platform to promote sustainable and equitable land governance in the country.
Bunna Bank and Kacha Digital Financial Services have launched a pre-salary loan service, Abol Demoze, aimed at addressing the financial needs of salaried employees.
This innovative service allows employees to access up to 33% or 50% of their salary digitally before payday through the Kacha mobile application. With a flexible installment repayment option, Abol Demoze is designed to provide financial relief during cash shortages, making payday stress a thing of the past.
Amhara Bank has launched its innovative Aba QR app, designed to simplify digital transactions for customers and merchants. Officially unveiled by the bank’s CEO, Dr. Yohannes Ayalew, the app offers a user-friendly, cashless payment system that works seamlessly with any bank account or mobile banking app.
Bunna Bank S.C. held its 15th Annual General Meeting, announcing significant achievements despite challenges in the Ethiopian banking sector. Ambassador Alemayehu Sewagen revealed a profit before tax of 930.1 million birr for the fiscal year, with deposits reaching 43.87 billion birr—a 20% increase from the previous year.
In January, Ethiopia officially joined the BRICS group of emerging economies, which includes Brazil, Russia, India, China, and South Africa. This development has sparked optimism, as it promises new opportunities for economic growth, stronger international partnerships, and a more prominent voice on the world stage.
SantimPay Financial Solution held its 2nd annual ordinary general meeting of shareholders, where it reported processing over 44 million online transactions valued at ETB 16 billion, with a total merchant transaction volume of ETB 20,040.
In the heart of Addis Ababa, a digital revolution is underway. AI-generated images rapidly replace human models in Ethiopian advertising, offering cost-effective solutions and unlimited creative potential. This transformation is not just a trend but a significant shift reshaping how brands communicate. However, it raises a profound question: What does the future hold for the human faces that were once the industry’s hallmark? EBR’s Mintesinot Nigussie delves into the thoughts of models and advertisers on the rise of AI, the challenges it poses to their craft, and the uncertain road ahead as creativity and employment intersect in this rapidly evolving landscape.
Yesterday, Ethiopia’s House of People’s Representatives approved a significant budget increase, adding ETB 582 billion to the 2017 fiscal plan and bringing the total to ETB 1.5 trillion. The government argues that this increase is necessary to revitalize the economy and fund critical subsidies. However, concerns are growing among experts who warn that the expanded budget could increase inflation and strain already fragile public finances.
251 Communications and Marketing Private Limited, has officially launched the 7th Annual Real Estate and Home Expo, scheduled for December 27 to 29, 2024.
This three-day event will bring together key stakeholders in Ethiopia’s real estate and construction industries, including developers, investors, financial institutions, home builders, and interior designers. It aims to showcase developments, innovations, and investment opportunities in the real estate sector while fostering networking and collaboration among industry leaders.
