In a triumph over the trials of the pandemic, a rising tide of construction costs and inflation, Zemen Bank has opened a stunning 32-storey headquarters on Ras Abebe Aregay St., Sengatera area, a hub for banking in Ethiopia's bustling capital. The ar...
May 27 , 2023
Meqelle is in an animated bid to reclaim control of the management of companies under the Endowment Fund for Rehabilitation of Tigray (EFFORT), a conglomerate housing 31 companies. EFFORT's Board s...
May 27 , 2023
Officials at the Addis Abeba City Administration have recently changed the title transfer fees following revised building valuation rates imposed by the Construction Regulatory Authority. This move ai...
May 27 , 2023
The absence of technological equipment to control the contraband trade near national borders and low-quality animal feed has cast a shadow on livestock export, undermining possible forex earnings whil...
May 27 , 2023
The excise tax imposed on digital products, including video cameras, is fully exempted, creaking hop...
May 27 , 2023
The implementation of the Social Health Insurance (SHI) scheme, which was scheduled to begin next fi...
May 27 , 2023
In the bustling streets of Addis Abeba, an undercurrent of unease shadows the necessary act of moving house. Siyoum Haile, a civil servant at a federal agency and father of two, became the latest entrant in an expanding list of residents confronted b...
May 27 , 2023
Tauted as a somnolent giant, Ethiopia's financial scene now stirs, roused by favourable demographics, geostrategic position and untapped markets, offering a tantalising prospect for growth. An incessant swell in GDP and a population bulge that is you...
May 27 , 2023
Fortune: How has the labour movement evolved through its tumultuous half-a-century history? Kassahun Follo: The beginning of the worker's union was completely different from its current state. During the formative stages of the movement almost sixty years ago, there was no right to organize, barg...
Apr 29 , 2023
The value of treasury bonds in Birr that commercial banks bought from the central bank between December 2022 and April 2023. The amount the banks buy monthly has dropped by more than half within this period.
May 27 , 2023
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
Henry Kissinger, America’s legendary diplomat and scholar of international affairs, told The Economist about the risks humanity faces from the advancement of artificial intelligence (AI).
Reminiscing about the past with my friend, he pointed out my anxiety like a caged animal eager to break free- consistently racing as if my life depended on it, with a perpetual look of urgen...
May 13 , 2023