Federal and regional authorities have spent months urging taxpayers to pay more into the treasury and brace for slimmer subsidies. Last week, in a closed Parliamentary session, the Federal Auditor General, Meseret Damtie, held that message up to a ha...
Jun 21 , 2026
The fledgling capital market is producing the headline numbers its architects hoped for. In a single week, trading cleared more than one billion Birr in shares for the first time, and the shareholder...
Jun 21 , 2026
For most of three decades, Tsedey Bank made its living advancing a few thousand Birr at a time to farmers and traders across the Amhara Regional State. In its first full year as a commercial bank, mov...
Jun 21 , 2026
The Birr (Brewed Buck) refused to fall into line last week, as the cash market for dollars resisted the convergence the Central Bank had tried to engineer. Its latest foreign-exchange auction, held...
Jun 21 , 2026
Leaders of a sector that brings some of the scarcest hard currency are warning that new tax measures...
Jun 21 , 2026
Finance Minister Ahmed Shide walked into Parliament on Thursday, June 11, 2026, with the largest bud...
Jun 14 , 2026
For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spills through the narrow corridors of Sengatera Building, in Addis Abeba's commercial district, between clothing stalls and street vendors. The 34-year-old sale...
Jun 21 , 2026
When Parliament takes up the appropriation bill, federal legislators will receive a document that looks disciplined and speaks the language of reform. However, within the 2.3 trillion Br federal budget proposed for next year, there is a line item...
Jun 20 , 2026
Fortune: The African Union has made SAATM a priority for next year. Are you happy with the way the project is being handled by the AU and AFCAC? Kamil Al-Awadhi: The AU is talking about SAATM as a priority, but I do not think it will work the way it is being handled now. The AU nominated the proj...
Jun 7 , 2026
The amount in Birr of a federal subsidy that the Addis Abeba City Administration will receive in fiscal year 2026/27, representing 0.01pc of the federal government's total subsidy appropriation to the regional states. Addis Abeba remains the only place that generates sufficient tax revenue to cover its operational costs.
Jun 20 , 2026
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
President Trump, meeting Egyptian President Abdel Fattah el-Sisi on the sidelines of the Group of Seven (G7) summit in Évian, France, last week, said the Nile River and the Grand Ethiopian Renaissance Dam (GERD) would be among the issues the two leaders discussed.
The narrow hallway outside Video Bet's screening room had begun to fill by 6:00pm. A few early arrivals sat near the ticket office, drinking coffee or soft drinks and che...
Jun 20 , 2026
Sep 17 , 2022
Sep 10 , 2022
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