The federal legislature gave Prime Minister Abiy Ahmed (PhD) what he wanted: a 1.9 trillion Br budget passed unanimously and without dissent. But what looked like a choreographed display of parliamentary consensus quickly gave way to sharp looks f...
Jul 6 , 2025
In a city rising skyward at breakneck speed, a reckoning has arrived. Authorities in Addis Abeba have declared a sweeping crackdown on unsafe construction practices, putting thousands of developers, c...
Jul 6 , 2025
The Birr (Brewed Buck) edged lower against the Dollar (teh Green Buck) last week, a gentle slide that belies a deeper tightening of liquidity. Last week, the average buying rate posted by commercial b...
Jul 6 , 2025
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
A landmark directive from the Ministry of Finance signals a paradigm shift in the country's digital...
Jul 6 , 2025
Awash Bank has announced plans to establish a dedicated investment banking subsidiary with an initia...
Jul 6 , 2025
Habtamu Itafa's Ministry for Water & Energy unveiled a 10-year roadmap for national clean cookin...
Jul 6 , 2025
The late-morning sun cuts through Addis Abeba's usual haze and lands on Haile Garment, an industrious pocket of the capital's Nifas Silk-Lafto District where sewing workshops crowd narrow lanes. From one stall, the scent of ground chilli, Shiro an...
Jul 6 , 2025
Six years ago, Ethiopia was the darling of international liberal commentators. A year earlier, crowds filled Mesqel Square, chanting slogans celebrating the dawning of an era away from what was an authoritarian state and towards political openness an...
Jul 5 , 2025
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
The decline in the number of registered businesses between 2021 (3,898,081) and 2023, representing an 18pc drop.
Jul 5 , 2025
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
Ahmed Shide, minister of Finance, addressing Parliament ahead of the federal budget’s approval last week, told Parliament the economy’s stability rests on the government’s ability to mobilise domestic resources to finance the 1.9 trillion Br spending plan.
Since ancient times, thinkers have pondered whether we freely choose our actions or if they are determined by forces beyond our control. That debate has been given new impetus by scientific...
Jul 5 , 2025
Sep 17 , 2022
Sep 10 , 2022
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