The National Bank of Ethiopia (NBE) on Tuesday announced that it has removed the limits on bank transfers. The financial sector regulators restricted in January 2021, limiting account-to-account transfers to only five a week.
The next month, they placed the same restriction on transfers via mobile and internet banking using Automatic Teller Machines (ATMs) or Point of Sales (POS) machines, and mobile money.
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Spread the NewsBank of Abyssinia (BOA) has introduced nation’s first voice-guided Automatic Teller Machine (ATM) service for the visually impaired people on Thursday. The official launching of the technology has been announced at The Ethiopian National Association of the Blind (ENAB) headquarter at Sidist Kilo area. People who are visually impaired have a difficulty to withdraw their money from banks due…
Spread the NewsEthiopian Maintenance, Repair and Overhaul (MRO) celebrates a milestone on B 767 passenger to cargo conversion as the first conversion site in Africa, in collaboration with Israel Aerospace Industries (IAI) in the presence of His Excellency Ambassador Aleligne Admasu, Ambassador of Israel to Ethiopia, Mr. Mesfin Tasew, Ethiopian Group CEO and other honorable…
Spread the NewsGambella Region announced that it has granted investment licenses to 310 investors who registered 2.9 billion Birr capital. From the granted investments, 290 investors were engaged in agriculture have received over 26 hectare of land. Gambella Region’s Investment Commissioner Low Oubup (PhD) told the Ethiopian News Agency (ENA) that the licensed investors were…
Spread the NewsEthio Telecom, Ministry of Transport and Logistics and Ethiopian Petroleum Supply Enterprise (EPSE) have inked a deal that would enable fuel-subsidy beneficiary vehicles use mobile money platform to pay for fuel at gas stations. Telebirr, a mobile money service, which has been developed by Ethio Telecom, will be used to pay the payment…
Spread the NewsEthio poultry expo, ALEC in progress The 10th 2021 edition of Ethio Poultry Expo and 6th African Livestock Exhibition and Congress (ALEC) are in progress starting from Thursday, October 2021 at Ethiopian Skylight Hotel. The expo and ALEC will be opened for visitors including businesses until Saturday, October 30. Ethio Poultry Expo (Ethiopex)…
Spread the NewsEthio Telecom said Wednesday that it is waiting for policy amendment in a bid to expand its digital financial services. In May last year, the telecom giant launched telebirr, a mobile money service. Through telebirr, customers are topping up their airtime, buy internet packages, paying traffic penalties, as well as electricity and water…
