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National Bank of Ethiopia Repeals Key Treasury Bond Directive

The National Bank of Ethiopia (NBE) has repealed its 2022 Treasury Bond Purchase Directive, effective June 30, 2025. This move signals a significant shift in the NBE’s approach to treasury bond operations. While specific reasons weren’t detailed, the repeal includes transitory provisions for outstanding allotments and existing bonds to ensure a smooth transition. Discover what this means for Ethiopia’s financial markets.

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Force Majeure in Ethiopian Contract Law: Judicial Interpretations by the Cassation Bench

Unlock the complexities of Force Majeure in Ethiopian contract law with insights from the Cassation Bench. This article explores key judicial interpretations, strict proof requirements, and how unforeseen events are assessed, offering a comprehensive understanding for legal professionals and businesses.

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Sharing the Risk: The Role and Application of Deductibles in Ethiopian Insurance Claims

Explore the crucial role of deductibles in Ethiopian insurance claims, their purpose in managing risk and costs, and their enforceability. This article, guided by Ethiopian Federal Supreme Court Cassation Division rulings, clarifies how deductibles apply in first-party, third-party liability, and subrogation contexts, offering essential insights for insurers and policyholders.

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The Distinction Between Judicial Review and Appeal: Cassation Case No. 252364

Learn about Cassation Case No. 252364, an Ethiopian legal case concerning the suspension of medical licenses for Dr. Amha Achamyelew Yigzaw, Dr. Zekarias Taye Sisay, and Sr. Ainadis Habtamu. This case examines the jurisdiction of courts in reviewing administrative decisions by the Addis Ababa Food, Medicine and Healthcare Administration and Control Authority.

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The Contract of Pledge under Ethiopian Law: Principles and Jurisprudence

Explore the Ethiopian Law of Pledge, covering its definition, validity requirements, rights and duties of pledgors and pledgees, and methods of enforcement. Delve into the legal complexities of pledging tangible and intangible assets, including shares and checks, as clarified by key Federal Supreme Court Cassation Division rulings.

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