Author Archives: Central
Esat Radio Fri 10 Feb 2017
Ethiopia: Residents of Ambo, Sebata say tensions remain high after declaration of martial law
ESAT News (February 10, 2017) Tensions remain high as security forces continue with their intimidation following the state of emergency declared last october, according to residents of Ambo and Sebeta who spoke to Deutsche Welle (DW). “Four months after declaring a state of emergency in a crackdown on protests, Ethiopia’s government claims the country has returned to normal. Critics ...
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Ethiopia: Private banks face crisis as non-citizens are forced to withdraw shares
ESAT News (February 10, 2017) Private banks in Ethiopia are in deep capital crises as Ethiopian born citizens of other countries withdraw their shares as per the directive by the National Bank of Ethiopia (NBE) that prohibits non-citizens from holding shares in the banking industry. The new directive instructs non-citizens, who hold shares in banks, to withdraw their money ...
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