Finance Minister Ahmed Shide inked a comprehensive 13-article agreement with the Development Partners Group (DPG), a coalition of donors led by the United Nations and the United Kingdom. The rite, held at the Sheraton Addis Hotel, on Taitu St., was a...
Mar 16 , 2024
In a dramatic turn of events that rattled the digital banking sector, the Commercial Bank of Ethiopia (CBE), the largest financial institution, encountered a severe system malfunction early Saturday m...
Mar 16 , 2024
The Ethiopian government recently implemented revised import taxes to bolster domestic businesses and decrease reliance on foreign goods. This move is in line with the country's ongoing import substit...
Mar 16 , 2024
Despite notable gains in loan interest and investment returns, Addis International (Addis Bank) executives have struggled with a substantial reduction in foreign exchange income, which cast a long sha...
Mar 16 , 2024
Ethiopia's higher education system stands on the cusp of a major transformation. Stringent standards...
Mar 16 , 2024
Local manufacturers are facing disruptions due to a recent customs regulation put forth a month ago...
Mar 16 , 2024
Farming is Ashebir Haile's primary livelihood and the skill he has honed over the years. As the sole breadwinner for his family of four, the 45-year-old has tried his hand at cultivating various crops before ultimately settling on coffee in the South...
Mar 16 , 2024
In a striking move that has rattled the corridors of Ethiopia's export sector, the Ministry of Trade & Regional Integration (MoTRI), under the aegis of Gebremeskel Chala, has imposed a new directive on exporters. They must now align their interna...
Mar 16 , 2024
With a background in cybersecurity, CEO Charly Bahaous is from Israel and relocated to South Africa in 2006. Under his watch, Touchnet has grown to encompass over 300 employees across various sub-sectors. The Company's portfolio includes a fibre management and construction business, cybersecurity...
Jan 27 , 2024
The total dollar investment Chinese companies made in Ethiopia over two decades to 2022, generating over 100,000 jobs.
Mar 16 , 2024
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
Shiferaw Teklemariam (PhD), commissioner of the Disaster Risk Management Commission, wrote to the aid community last week, launching a humanitarian response plan for 2024. He claimed Ethiopia was the only country that released the plan jointly with donors; the aid community is frustrated by a shortfall of 998 million dollars in funding of 3.2 billion dollars to feed at least 15 million people.
My weekend took an unexpected turn, as it transcended a mere horseback riding adventure. It becomes a metaphor for personal growth, environmental awareness and cultural appreciation, remindi...
Mar 16 , 2024