Our subscribers to the print edition are entitled to get a bonus in a form of early access to our digital edition for just 3,000 ETB.



Real Estate Developers Build a Lobby as Rules Tighten


Real-estate developers have formed a new lobbying group, the Ethiopian Real Estate Developers' Association, after years of working piecemeal while rules tightened and public scepticism grew. The new lobby group's leaders say they will offer a single...

May 31 , 2025


Fortune News

Government to Open Farm Advisory Market to Private Sector

A draft proclamation, endorsed by the Council of Ministers two weeks ago, will permit private entities to deliver agricultural extension services that were previously the sole responsibility of govern...

May 31 , 2025

Money Market Watch

Brewed Buck Caught Between a Peg, a Hard Place

The foreign exchange market spent the final week of May in a wary holding pattern, wrestling with liquidity strain yet stopping short of outright turbulence. A handful of commercial banks broke ranks...

May 31 , 2025

News Analysis

Siinqee Bank Accelerates Growth, Struggles to Convert Scale into Profit

Siinqee Bank has burst confidently from microfinance trenches into the competitive commercial banking industry, posting an impressive profit surge that outshone many peers. Its net profit jumped by 8...

May 11 , 2025


Latest Updates

Central Bank Orders Banks to Map Their Own Safety Net

Regulators at the National Bank of Ethiopia (NBE) have issued a notice to commercial banks, instruct...

May 31 , 2025


Water Ministry Shifts Weed-Clearing Burden to Local Institutions

The Ministry of Water & Energy has announced plans to enlist institutions located near affected...

May 31 , 2025


Addis Abeba's EV Rollout Short-Circuits Due to Power Delays

Addis Abeba is racing to build a public charging network for electric cars estimated to reach 100,0...

May 31 , 2025








Agenda

Elite Schools Raise Fees Sharply as Parents Cry Foul Over Legal Wrangling

Parents at Flipper International School received a jolt on May 26, 2025, when a letter confirmed that next year's “Category 1” tuition will increase to 178,558 Br, a 76,525 Br leap equivalent to roughly 75pc. One father, who asked for anonymit...

May 31 , 2025


When the Rains Come for the Poor

Yohannes Geta spent two years watching the Wyen Amba River trickle past his home in Bole District, Wereda 11, on the southeastern outskirts of the capital. The...

May 24 , 2025


Milk Prices Soar as Dairy Chain Buckles Under Strain

Azeb Asamen sat in the modest living room of her small home near Haile Garment Square, in the southern outskirts of Addis Abeba, her brow furrowed as she stared...

May 17 , 2025







Editorial

Courting Foreign Buyers of Properties While Land Remains State-Owned

It is seldom flattering to be bracketed with North Korea and Myanmar. Ironically, Ethiopia has long shared their company on one narrow but emotive list. They are countries that forbid foreign nationals from owning bricks and mortar. That could soon c...

May 31 , 2025


A Country on Life Support Must Not Neglect Its Healers

Public hospitals have fallen eerily quiet lately. Corridors once crowded with patients' relatives now echo, wards lie half-empty, and family members milled outside in anxious knots. The silence was not the result of medical efficiency but of absence. Medical p...

May 24 , 2025

Researchers Churn Out Studies by the Ton. Quality Checks are Causality

Ethiopia pours more than three billion Birr a year into academic research, yet too much of that money is vanishing into a sinkhole of low-quality work. Since 2001, when the country contributed a mere 261 Scopus-indexed (the world's largest database where 2...

May 17 , 2025







Exclusive Interview

Germany Champions Reforms While Industrial Model Faces Global Stress Test

Jens Hanefeld, Germany's envoy in Addis Abeba, touched down last September with a resume that mixes three decades of diplomacy, a decade running Volkswagen's global lobbying shop and the trained eye of a historian. Serving as ambassador to Ethiopia and Berlin's permanent representative to the Africa...

May 17 , 2025


Legacy Businesses in a Liminal Era

At first light in Addis Abeba's Qality District, the smell of freshly roasted Yirgacheffe beans drifts into the yeasty haze from Shoa Bakery's ovens, a blend that sums up Ethiopia's family firms. Such outfits are scarce everywhere, yet in Ethiopia, roughly 40p...

Apr 19 , 2025

The Roast of Resilience Brews in Bloodline

When her father died suddenly in 2008, Heleanna Georgalis found herself at the helm of Moplaco Trading Plc, a venerable coffee company founded in 1897 during Emperor Menelik's reign. Thrust into leadership amid profound grief, she had to steer the uncharted...

Apr 19 , 2025







Viewpoint

Chasing GDP Warps Policy, Masks Inequality, Muffles Democracy

In mainstream economics, description is routinely treated as secondary to analysis. Labelling a work as "purely descriptive" conveys dismissiveness. Yet, as Nobel laureate economist Amartya Sen observed in a seminal 1980 paper, every act of description involves choices. Whether we are describing a historical event, an individual, or a country, what we choose to include and what we leave out can be...

Jun 1 , 2025


Chasing GDP Warps Policy, Masks Inequality, Muffles Democracy

In mainstream economics, description is routinely treated as secondary to analysis. Labelling a work as "purely descriptive" conveys dismissiveness. Yet, as Nobel laureate economist Amartya Sen observed in a seminal 1980 paper, every act of description involve...

May 31 , 2025

Rural Health Workers Battle Burnout, Bureaucracy, a System Under Strain

Health specialists cluster around teaching hospitals in Addis Abeba and a handful of regional hubs, leaving remote and pastoralist communities dependent on overstretched health-extension workers or, often, no one at all. It is not uncommon to see parts of the...

May 24 , 2025


My Opinion

Addis Abeba's Urban Facelift Paves Over Its Informal Soul

At dawn, a typical pedestrian in Addis Abeba begins what locals call “the sidewalk slalom.” She skirts an open manhole, hops a fresh trench, threads between scaffold poles and bargains with a fruit-cart vendor. Pavement here is less a right-of-way than an improvised stage where business and choreography meet. Economists would call it a textbook tragedy of the commons. Garrett Hardin coined...

May 31 , 2025


Ethiopia Courts the AI Future While the Lights Flicker

Last week, Millennium Hall's biggest technology fair, ETEX 2025, looked like a scene from tomorrow. Drones zig-zagged over polished floors, holograms shimmered, and entrepreneurs pitched start-ups against walls of pulsing LEDs. Prime Minister Abiy Ahmed (Ph...

May 24 , 2025

A Typo Takes Five Days, a National ID to Fix

A woman on an adjacent white plastic chair suggested, half-joking, that we should start paying rent there. It was my third morning at the District Revenues Bureau. By then, a silent community of taxpayers had formed, bound by the shuffle from wooden bench to p...

May 17 , 2025






Featured

E-Commerce May Never Be the Same Again

Zemen Gebeya, the digital marketplace that Ethio telecom switched on only two weeks ago, is already reshaping the fragile e-commerce scene. In a country where online retail remains a novelty, the platform's arrival has raised a mix of apprehension and cautious optimism among smaller delivery companies that suddenly find themselves riding a wave of new orders, while bracing for a corporate giant that could one day eclipse them. Few felt the jolt more quickly than Bereket Tadesse, founder of As...

May 24 , 2025


Commentaries

Productivity Gains Depend on Bold Firms, Not Broad Reform

Few doubt that productivity growth is good for society. It generally translates into higher wages, consumer surplus (prices below what consumers are willing to pay), larger profits, and greater shareholder value. Less understood, however, is "how" productivity growth is created. New research from the McKinsey Global Institute shows that the lion's share comes from a few firms making audacious moves. While the conventional wisdom holds that productivity growth stems from gradual, collective im...

May 31 , 2025


News Analysis

Siinqee Bank Accelerates Growth, Struggles to Convert Scale into Profit

Siinqee Bank has burst confidently from microfinance trenches into the competitive commercial banking industry, posting an impressive profit surge that outshone many peers. Its net profit jumped by 82.7pc during the financial year ending June 30, 2024, displaying a rapid growth trajectory that few of its generational counterparts could match. Nevertheless, while its deposit base grew explosively, Siinqee Bank's lending operations faced substantial limitations, mainly due to the National Bank...

May 11 , 2025


Delicate Number

15,991,187

The total number of individuals who have registered with Fayda, a national digital identification card with biometric authentication.

May 31 , 2025


Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...

Oct 3 , 2020


Verbatim

"The cluster of bank branches won't save the people from hardships."

Brutawit Dawit, CEO of Wegagen Capital Investment, addresses financial illiteracy in rural areas of the country during an interview on the Meri podcast.



View From Arada

Facing the Mirror in Turmoil, Change the World

A recent BBC documentary spotlighted a familiar face in war-torn Port Sudan—a city now bearing the scars of a protracted civil war. It was Husam Abdulsalam, a violinist I had come to know...

May 31 , 2025




Fortune Video




Sunday With Eden

A Dream Taxed to Death

Six years ago, a dear friend took a leap. He poured his life savings into building a business not for quick profits, but to create something enduring. He hired twenty young people, many fresh from rural villages, with no homes in the city. So, he gave them shelter, space to sleep in his office compound, and meals to eat, on top of their salaries. He did more than build a company. He built a ref...

May 31 , 2025


The Subtler African Stories Lodged in Luxury

Every family has its ritual, one that bookmarks the year and brings everyone back to center. For ours, it's the quiet, recurring pilgrimage to Kuriftu Resorts. Whether nestled in Bishoftu's lakeside calm or perched in the cool canopy of Entoto, these retreats...

May 24 , 2025

Drowning in Someone's Storm

Friendship is supposed to be a two-way street; a bond built on mutual respect, trust, and support. But when that dynamic shift, and the friendship begins to resemble unpaid emotional labor, it leaves you drained and quietly resentful. A few years ago, I fou...

May 17 , 2025


Life Matters

The Dangers We Brew

It is unsettling how often news surfaces of everyday household items leading to accidents, some unexpected, others devastating. A recent report about a moka pot explosion struck a familiar chord, stirring memories of TikTok clips that documented similar incidents involving these stovetop coffee makers. The frequency of such mishaps is alarming. There appears to be a pattern: devices exploding mid...

May 31 , 2025


Healing the Healers

Reliable information about the recent strike by health professionals in Ethiopia has proven elusive. The public discourse is muddied by sensationalism, bias, and deafening silences. Online, a stream of videos shows deserted hospitals, while an increasing numbe...

May 24 , 2025

Gambling on Survival

Sometimes it feels like the world has turned into a high-stakes lottery. The kind where everyone is expected to become a millionaire overnight, and if that magic does not happen by tomorrow, a quiet disappointment settles in. It is heavy, and it lingers. We...

May 17 , 2025





Radar

Council of Ministers Approves Key Economic and Legislative Measures

The Council of Ministers has approved the 2018–2022 Medium-Term Macroeconomic and Fiscal Framework, which will guide next year's budget, focusing on strategic revenue generation and resource allocation. Two international financing agreements were also endorsed: a 49.55 million dollar loan from the Arab Bank for African Economic Development to support youth employment around agro-industrial pa...

May 31 , 2025


Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to...

Jun 1 , 2025

In Picture

SHY FASHION

Shielded by sun, hidden from view, mannequins around the stadium stand veiled as new corridor rules ban storefront shades. A young shopper steps inside, guided more by curiosity than display. The restrictions are part of a broader city plan to standardise shopfront aesthetics along major corridors...

May 31 , 2025


UP AND DOWN

Makeshift wooden ladder bridges on duty due to ongoing corridor development works around Goro Square, offering a precarious route for pedestrians and shopgoers. As part of the city's corridor upgrade, sidewalks are being rebuilt, but delays and the absence of accessible detours have forced residents to improvise. Business owners have been left to create temporary access for customers, while constr...

May 31 , 2025