An Ethiopian bank has put up posters shaming customers it says have not returned money they gained during a technical glitch. Notices bearing their names and photos could be seen outside branches of the Commercial Bank of Ethiopia (CBE) on Friday. The bank says it has recovered almost three-quarters of the $14m (£12m) it lost,…
Tag: Ethiopia
Ethiopia: Addis Ababa celebrates Ramadan with its grand annual Iftar.
Ethiopian Muslims gathered in large numbers in the country’s capital, Addis Ababa, for the annual Grand Street Iftar, the meal that Muslims have when they break their fast in Ramadan. Preparations for the event unfolded throughout Wednesday and members of the community broke bread together later on thursday, celebrating the communal spirit of Ramadan. Muslims…
Commercial Bank of Ethiopia recovers $11 mln lost in system Glitch.
Ethiopia’s largest bank says it has recovered almost three-quarters of the $14m (£12m) it lost in a glitch that allowed customers to withdraw more money than they had in their accounts. Abe Sano, head of the Commercial Bank of Ethiopia (CBE) said on Tuesday about $10m has been recovered. Thousands of customers returned the cash…
Ethiopian Bank has lost $40 Million due to Computer Glitch.
Bank in Ethiopia lost a whopping $42 million due to a computer glitch wherein people were able to withdraw massive sums of money far beyond what they actually had in their accounts. The odd incident reportedly unfolded early Saturday morning when it was discovered that the Commercial Bank of Ethiopia was experiencing the peculiar technical…
French journalist Antoine Galindo detained in Ethiopia
On February 22, at 3:55 p.m., Galindo, who reports for the Paris-based privately owned news website Africa Intelligence, was detained by security forces in civilian clothing in the capital, Addis Ababa, his publisher Indigo Publications said in a statement and his lawyer, who works for the firm Tameru Wondm Agegnehu, told CPJ by phone. Galindo was detained at the Ethiopian…
President Sisi: Egypt will not allow any threat to Somalia
MONDAY JANUARY 22 2024 Egypt will not allow any threat on Somalia said president Abdel Fattah AL sisi said on Sunday after Ethiopia said it would consider recognizing an independence claim by Somialand in a deal that would give it access to a sea port Read: Egypt, Ethiopia trade blame over failed dam talks Somaliland declared…
More than 180 killed in clashes in Ethiopia’s Amhara region since July, says UN
At least 183 people have been killed since July in clashes in Ethiopia’s Amhara region, the United Nations said Tuesday as it appealed for the killings, violence and rights abuses to end. “We are very concerned by the deteriorating human rights situation in some regions of Ethiopia,” UN Human Rights Office spokeswoman Marta Hurtado told reporters in Geneva….
Ethiopian Prime Minister to Negotiate With Oromo Forces
On April 25, 2023 the Ethiopian government and Oromo militants will meet at the negotiating table in Tanzania. Ethiopia’s Prime Minister Abiy Ahmed said that two events will happen this week. First; “all regional states presidents will travel to Mekelle” to help cement the peace agreement reached in Pretoria, South Africa in November 2022. Second;…
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