Muluken Yewondwossen - Profile and Journalist Details
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Muluken Yewondwossen
Verified
Deputy Editor in Chief, Capital Ethiopia
Ādīs Ābeba Āstedader
Beats
Sports, Environmental, Gender Responsive Politics, Economic , Education, Climate Justice , Investigative
Content
By Muluken Yewondwossen Verified| Capital Ethiopia Verified Ethiopian Shipping and Logistics (ESL), one of the nation’s leading foreign exchange earners, has issued a final ultimatum to local banks, demanding a reduction in service charges for foreign currency transactions. In a letter dated February 14, ESL raised significant concerns about the excessive fees imposed by domestic banks for transfers to its account at Citi Bank, warning that these high charges are undermining its operations and competitiveness.
By Muluken Yewondwossen Verified| Capital Ethiopia Verified Ethiopian Shipping and Logistics (ESL) has been granted exclusive rights to manage cargo from key international trade routes. The Ethiopian Maritime Authority (EMA) has issued a long-anticipated notice to industry stakeholders, marking a significant milestone in the deregulation of Ethiopia’s multimodal transport industry. This development comes one year after the government granted permits to new entrants, ending ESL’s nearly 15-year monopoly in the sector.
By Muluken Yewondwossen Verified| Capital Ethiopia Verified Ethiopian Shipping and Logistics (ESL), one of the nation’s leading foreign exchange earners, has issued a final ultimatum to local banks, demanding a reduction in service charges for foreign currency transactions. In a letter dated February 14, ESL raised significant concerns about the excessive fees imposed by domestic banks for transfers to its account at Citi Bank, warning that these high charges are undermining its operations and competitiveness.
Company Info
Capital Ethiopia