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 ...

ESAT News (February 9, 2017) Ethiopians, Britons and MPs gathered today in front of 10 Downing Street to celebrate the 62nd birthday of Andargachew Tsige, an Ethiopian born British citizen who is on a death row in Ethiopian. Andy, a well-known critic of the Ethiopian regime, was kidnapped at a Yemeni airport in 2014 and rendered to Ethiopia. He was ...

  ESAT News (February 9, 2017) Ethiopia says it has lost 145 million dollars in tourism in the last six months alone owing to the political unrest and the ensuing state of emergency declared in October 2016. The spokesperson for culture and tourism, Gezahegn Abate, told local media that the yearlong anti-government protest in the Oromo region as well as ...

ESAT News (February 9, 2017) The two-day curfew imposed in Mogadishu was lifted following the election of a new President Mohamed Abdullahi, also known as Farmajo, by the country’s Federal Parliament on Wednesday. Garowe online reported that thousands of Mogadishu residents celebrating the election of Farmajo as the 9th President of Somalia took to the streets in the capital, and ...

ESAT News (February 8, 2017) Somalia’s MPs have elected a Somali-US national as the country’s new president in a vote held in an aircraft hangar, the BBC reported on Wednesday. Ex-Prime Minister Mohamed Abdullahi “Farmajo” Mohamed beat President Hassan Sheikh Mohamud in a surprise result. The vote was held at the heavily guarded airport complex in the capital, Mogadishu, as ...

  ESAT News (February 8, 2017) Turkish media reported that all schools linked to the Gülen movement  in Ethiopia will be handed over to a Turkish education foundation. The official announcement was made on Tuesday by Ethiopian President Mulatu Teshome who is in Turkey for a five-day official visit. Mulatu after meeting Turkish President Recep Tayyip Erdoğan in Ankara said ...

  ESAT News (February 8, 2017) Teachers in the Amhara region say Ethiopia is  a country where schools have been used as forums to promote the doctrine of a regime that works for the supremacy and dominance by one ethnic group. The teachers in the Amhara region said schools are not free from the ethnic politics espoused by the ethnocentric ...

  ESAT News (February 7, 2017) Security forces killed two in Afar after the locals confronted the forces in an attempt to free one of their own, who was beaten and abducted by the forces. Ga’as Ahmed, Head of the Afar Human Rights Organization, told ESAT that the incident has happened in Awash Arba, in a place locally known as ...

  ESAT News (February 7, 2017) Reports reaching from north Gondar say Ethiopian regime forces have used heavy artillery on Monday after armed groups fighting the regime have broken out of an ambush killing four. Sources who spoke to ESAT on the phone from north Gondar say the attempted ambush by the regime forces took place in Belesa while the ...

  ESAT News (February 6, 2017) An official with the Oromo Regional State accused the government of having a hand in the recent killings and cattle raiding by the Somali Region Special Forces against the Oromo people in East Hararghe, Bale and Borena. Head of the regional communication bureau, Addisu Arega told local media that government bodies had a role ...