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  • Hirut Guangul Becomes the First Female Athlete who Shows Protest Gesture

    Hirut Guangul, of Ethiopoia, crosses the finish line to take first place in women's group of the full marathon portion of the Quad Cities Marathon Sunday, Sept. 25, 2016, at the finish line near John Deere Pavilion in Moline.

    As Hirut Guangul, of Ethiopia, crossed the Quad Cities Marathon finish line as the first woman overall for the fourth consecutive year, she crossed her arms above her head in an "X". Guanhul became the first QCM four-time champion, but the moment became larger than just her athletic achievement on Sunday morning. "I like this race," said Guanhul. "Four-time champion. I'm very, very happy." After the race, the 24-year-old said the "X" is a way of protesting the human rights abuses that are taking place in Ethiopia.

    Guanhul's simple action is a brave and powerful one that bypasses any language barrier. Hundreds of peaceful Ethiopian protesters have been killed or arrested by the Ethiopian military this year. Protesters have demanded equality for the country's Oromo people, Ethiopia's largest ethnic group that has felt marginalized by the government as it pushes them off their land before selling it. Ethiopian runner Feyisa Lilesa held up an "X" with his arms as he won silver in the marathon at the Rio Olympics. The gesture has been used as a symbol of strength and peaceful resistance.  

    Lilesa says he likely will not be able to return home after making the gesture of solidarity. The Oromos also have used the "X" as a sign of their protest.

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  • HomeSend, Mastercard aim to transform the $3bn remittance industry in Ethiopia

    Remittance service launched with CBE signals evolution of Ethiopian payment ecosystem

    Addis Ababa, Ethiopia – September 21, 2016 – HomeSend and the Commercial Bank of Ethiopia (CBE) today announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country.

    Launched in 2014, HomeSend is a joint venture of Mastercard, eServGlobal and BICS that enables business to business cross-border and cross-network transfers. Consumers can send money to and from mobile money accounts, payment cards, bank accounts or cash outlets, regardless of their location or that of the recipient. It is free for receivers and is accessible to anyone with a mobile number, and empowers the sender to transfer funds at a low cost through the HomeSend secure network of money transfer operators and banks.

    HomeSend will be available in Ethiopia before the end of the year, says Bekalu Zeleke, President of CBE. “At the CBE, we believe that embracing technology is integral to bringing the best possible service to our customers. HomeSend is an example of how, when working with the right partner, like Mastercard, a financial institution can improve the lives of its customers.”

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  • BBC Refugee crisis: Plan to create 100,000 jobs in Ethiopia

     

    Britain, the European Union and the World Bank have announced a plan to create 100,000 jobs in Ethiopia to help tackle the migrant crisis.

    Two industrial parks will be built in the country at a cost of $500m (£385m).

    Ethiopia, which proposed the plan, will be required to grant employment rights to 30,000 refugees.

    UK Prime Minister Theresa May said the project would be a model for how to support poorer countries housing large numbers of migrants.

    Ethiopia hosts more than 700,000 asylum seekers, mainly from South Sudan, Eritrea and Somalia.

    South Sudan refugees reach one million mark

    The deal, which was announced on Wednesday at the UN summit on refugees in New York, will be funded by loans from the European Investment Bank (EIB) and grants from the UK and the World Bank.

    As part of the agreement Ethiopia will grant refugees employment rights, which many currently do not have.

    A number of the new positions will be reserved for Ethiopia's growing number of young jobseekers.

     

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  • Ethiotelecom Promises to reduce internet tariffs

     

    The Ministry of Communication and Information Technology (MCIT) is set to reduce internet tariffs.

    “The questions asked by people arising from high Internet service fee are acceptable,” said Dr Debretsion Gebremichael who is the Deputy Prime Minister for Finance and Economic Cluster and Minister for MCIT.

    “As a result, the government will reduce the internet costs after a study in this fiscal year. However, the voicemail tariffs remains unchanged since the costs are minimal compared to other African countries,” he added.

    Dr. Gebremichael assured the nationals of the improvement of the telecommunication services in the country and promised to lay more attention on the services this year.

     Source: www.news.et 
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