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Tag Archives: birr

Pirates Of The PFDJ

In 1976, when the Derg announced the change of King Haile Selassie’s birr in Ethiopia, the general public was reluctant to surrender the currency to the bank. People perceived the birr as a currency “guaranteed with gold” though by then the world had long dropped the system of defining the value of currency with gold.…

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መንግስቲ ኤርትራ ብገበኑ ተኣሚኑ

29 Dec 2015 awatestaff Comments (1)

The Eritrean Government Admits Its Banking Blunder

29 Dec 2017 Gedab News Comments (90)

In an unusual admission to problems it faces, in yesterday’s edition of Haddas Eritrea, a Tigrinya newspaper it owns, the…

Eritrean Economy in Limbo

25 Dec 2017 Gedab News Comments (152)

The recent government decision to withdraw the licenses of businesses and freeze their bank accounts has resulted in freezing the entire…

Hajji Mussa Refuses to Walk Out of Prison

22 Dec 2017 Gedab News Comments (132)

After almost two months in jail, sources reported to Gedab News that Hajji Mussa, who was arrested by the government…




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