US imposes 50% tariffs on $20bn of Canadian goods as Ottawa prepares retaliation
Canada–US trade talks collapsed before an August 22 deadline, triggering new US tariffs and a Canadian pledge to impose matching levies from September 8.
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Ethiopian training regulator says Breakthrough programs lack accreditation
Breakthrough Trading says it has trained more than 100,000 people, but Ethiopia’s Education and Training Authority says it has not licensed or accredited the company’s personal-development programs.
NBE Rejects Global Bank Acting-President Nominee Amid Liquidity Investigation
The National Bank of Ethiopia has directed Global Bank to nominate another acting president while regulators investigate alleged irregular deposit and liquidity practices at the lender.
Ethiopian Insurers Push for Independent Regulator and Digital Expansion
Ethiopian insurance specialists called for an independent regulator, digital distribution and agricultural products as the sector seeks to raise coverage from 0.27 percent.
Ethiopia Reported Interested in Stake in Planned Dangote East Africa Refinery
Ethiopia is reported to be among East African countries interested in a proposed government equity stake in Dangote Group’s planned refinery in Kenya, though no final commitment has been announced.
Ethiopian Sugar Industry Group cuts annual loss as stalled projects weigh on finances
The state-owned sugar group reported a 5.4 billion birr comprehensive loss for 2023/24, down from 10.3 billion birr, while auditors flagged suspended projects and accounting weaknesses.
Official creditors clear Ethiopia’s revised Eurobond restructuring terms
Ethiopia’s official creditor committee has found the country’s revised agreement with private bondholders consistent with the G20 Common Framework, clearing a major obstacle to restructuring its $1 billion Eurobond.
Canada vows matching tariffs after U.S. trade talks collapse
Canada said it would match new 50% U.S. tariffs dollar for dollar after extended negotiations failed, escalating a trade dispute between the two closely linked economies.