Addis Fortune

𝗥𝗜𝗖𝗛𝗔𝗥𝗗 𝗛𝗔𝗔𝗦𝗦 & 𝗖𝗔𝗥𝗢𝗟𝗬𝗡 𝗞𝗜𝗦𝗦𝗔𝗡𝗘: #EnergyTransition A glance at history shows energy transitions have happened before, usually tied to economic shifts that created demand for new energy sources. Today, the energy demand is rocketing by two to three percent annually, while technological advances have made hydrocarbons more accessible and affordable. Emerging tech like AI, electrified transport, and big data centres also contribute to skyrocketing energy demand, and renewables alone don't seem up to the task. Read more https://ow.ly/WM4f50UxiA6

#AuditReport Parliament ordered the University to present audit reports to auditors and MoF every three months and to submit an action plan to the Public Expenditure Administration & Control Affairs Standing Committee within 15 days. Read more https://ow.ly/1Jwy50Uxh9j

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: ይሳተፉ፣ ይሸለሙ! ቅዳሜ ከጠዋቱ 3 ሰዓት በቴሌግራም ገፃችን ይጠብቁን። የቴሌግራም ገጻችንን ለመቀላቀል ማስፈንጠሪያውን ይጫኑ:- https://lnkd.in/fcfKCBM #DashenBank #DashenQuiz #SaturdayQuiz #Ethiopia #quiz #quiztime #Telegram #fun

𝐀𝐃𝐕𝐄𝐑𝐓𝐈𝐒𝐄𝐌𝐄𝐍𝐓: የውጭ አገር ጉዞ አለብዎት? በሕብር የቅድመ ክፍያ ማስተር ካርድ የውጭ ምንዛሪ ጭንቀትዎን ያቃሉ፡፡ በጉዞዎ የሚያስፈልግዎትን ወጪዎች ወይም ክፍያዎችን በቀላሉ ያከናውኑ፡፡ ከሕብር ጋር ይጓዙ! ሕብረት ባንክ በሕብረት እንደግ! #HibirMastercard #TravelCompanion #TravelSmart #SecurePayments

𝗘𝗗𝗘𝗡 𝗦𝗔𝗛𝗟𝗘: #EmotionalImpulse Emotions are a double-edged sword. They are essential in helping us understand what we value, who we love, and when we’re hurt. However, emotions are also temporary. The intensity we feel in the moment can cloud our judgment, making the immediate feeling seem far more important than it truly is. Read more https://ow.ly/rLtE50Uxc2r

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Welcome to Addis Fortune's digest on critical developments impacting Ethiopia’s business and economic spheres. International schools are facing parental outrage over dollar-denominated tuition fees while businesses are challenging the authorities’ new tax salary standards, arguing they function as an illegal minimum wage. Also, a legal battle ensues over a large brewery’s ownership stake, pitting property rights against contract law. Forty-three bank branches were closed in Harer city, sparking accusations of illegal extortion by local officials. Finally, Abay Bank shows strong revenue growth but decreased profit margins due to increased operating costs. https://lnkd.in/dkJZU86B

𝗕𝗘𝗥𝗘𝗞𝗘𝗧 𝗕𝗔𝗟𝗖𝗛𝗔: However, not all memes are harmless. Some memes target specific individuals or groups in ways that may not be healthy. Memes also have the potential to take a dangerous turn, creating alternate realities that can harm individuals and society, whether intentionally or inadvertently. Read more https://ow.ly/URFe50Uxc1G

𝗕𝗝𝗢𝗥𝗡 𝗟𝗢𝗠𝗕𝗢𝗥𝗚: #NewYearResolution One step forward is understanding that trying to do everything has made us achieve very little. To get society's highest return on investment, we should focus on interventions that provide the most progress for people, the planet, and future generations. It's not the glamorous investments that make the most impact, but the unassuming ones that seldom make headlines. Read more https://ow.ly/NihC50Uxc18

#ForexMarket As the battle for forex continues, the question remains whether these disparities can be reconciled through policy interventions or market corrections. The cosmetic uniformity of banks maintaining the mandated two-percent spread between buying and selling rates concealed the volatility beneath the surface. As importers and banks brace for sustained volatility, the tug-of-war for forex exposes vulnerabilities at all levels of the banking system. Read more https://ow.ly/SWls50Uxc09