A staple vegetable's price is ringing alarm bells. Onion prices have skyrocketed, with a kilo costing up to 120 Br on certain days. For many Ethiopians, this surge reflects larger economic woes plaguing the economy. Purpose Black, a two-year-old com...
Sep 30 , 2023
A vital shift is on the horizon for Ethiopia's manufacturers, who once thrived on exports braced by the African Growth & Opportunity Act (AGOA). If a bold proposal by Melaku Alebel, minister of In...
Sep 30 , 2023
In a move rattling the coffee industry, officials of the Ethiopian Coffee & Tea Authority have imposed a limit on outbound personal coffee carry-ons: two kilograms. This comes on the heels of requ...
Sep 30 , 2023
The nascent Islamic banking sector is facing a steep uphill climb as its newest entrants grapple with substantial first-year operating losses. Among these, Hijra Bank, one of the country's first fully...
Jul 1 , 2023
The Toronto-based mining multinational Allied Gold Corporation has received board approval for a two...
Sep 30 , 2023
The Addis Abeba Transport Bureau's recent decision to restrict the number of minibus taxi drivers wh...
Sep 30 , 2023
On a chilly morning outside Ke'Geberew Market, Yeshi Chane, a 35-year-old mother cradling her seven-month-old baby, stands amidst the throng, her anxiety palpable. Only a day earlier, she had heard of onions being sold for a mere 25 Br a kilo, a r...
Sep 30 , 2023
The recent gathering by the leadership - and the rank and file - of the Prosperity Party (PP) in Adama (Nazareth) could be considered an event of a notable stitch. The setting, known for its warm ambience, played the usual and expected host to an int...
Sep 30 , 2023
At the forefront is Jemberu Demeke, a name that echoes local music evolution's rhythmic and lyrical potency. Yididya Wondwossen, fondly known by this artistic pseudonym, bridges the rich musical legacy of his homeland with the modern dynamism of contemporary genres. Jemberu shares with a light-heart...
Sep 9 , 2023
The resale ticket value, in pounds sterling, for a seat to watch a football match of Liverpool F.C., a Premier League club leading the way by offering the most economical match day ticket at just nine sterling, according to SeatPick. However, resale tickets show an increase of 2,060pc.
Sep 23 , 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
Fitsum Assefa (PhD), minister of Planning & Development, credited reforms to Ethiopia's top place in East Africa for attracting foreign direct investments (FDI). She posted on her Twitter page last week that Ethiopia received 3.4 billion dollars in FDI in the last Ethiopian fiscal year. However, this amount is 811 million dollars lower than the seven-year average.
I went into one of the meat eateries near the Ayat train station to eat breakfast, suddenly realising that I was starving while running an errand. It was a small restaurant but famed for goo...
Sep 30 , 2023
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