In northern Addis Abeba, a neighbourhood known for its vibrant community has become a symbol of relocation, as city authorities push forward with an ambitious riverside development project. Longtime residents who lived modestly in public houses, payi...
May 11 , 2025
KEY TAKEAWAYS Ministry of Revenue collected 653.2 billion Br, surpassing its target but falling short of the federal government's broader fiscal goals. The large informal economy and illicit t...
May 11 , 2025
Key Takeaways: The CBE leads with the lowest benchmark rates, signalling its role as a policy instrument first. Oromia Bank offers the highest dollar rates to attract retail cash and ease i...
May 11 , 2025
Key Takeaways Siinqee Bank transitioned from microfinance roots to become a notable player in the commercial banking industry, marking an 82.7pc net profit increase. Regulatory credit growth...
May 11 , 2025
Key Takeaways A draft automotive policy prioritises electric and alternative fuel vehicles to...
May 11 , 2025
Key Takeaways The exit of 37,000 workers from industrial parks revealed labour churn, posing...
May 12 , 2025
KEY TAKEAWAYS Federal officials plan to capitalise on a record 18.1 million tonnes of avocados...
May 11 , 2025
Key Takeaways: Many residents in Addis Abeba face financial pressure due to the city-development corridor project, which has inadequate affordable housing options. The ongoing corridor development covers 132Km and affects over 2,800hct...
May 11 , 2025
Federal legislators recently summoned Shiferaw Teklemariam (PhD), head of the Disaster Risk Management Commission (DRMC), to explain a new bill designed to streamline the country's response to emergencies. A defining part of the bill is the introduct...
May 10 , 2025
At first light in Addis Abeba's Qality District, the smell of freshly roasted Yirgacheffe beans drifts into the yeasty haze from Shoa Bakery's ovens, a blend that sums up Ethiopia's family firms. Such outfits are scarce everywhere, yet in Ethiopia, roughly 40pc are run by second-generation heirs and...
Apr 19 , 2025
The cash reserve in Birr held by Ethiopost in the fiscal year 2023/24, registering a staggering increase of 259pc from the previous year. However, such an increase was disproportionate to the Enterprise’s operating cash flow (200 million Br) and net income (139 million Br). The supporting cash flow statement does not clearly reconcile how such an enormous increase materialised, particularly as financing activities netted a negative flow of 58.6 million Br.
May 10 , 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
Shiferaw Teklemariam (PhD), commissioner of the Disaster Risk Managment Commission, told Fana Broadcasting Corporate, defending a bill before Parliament to establish a national fund for disaster response.
Two years ago, to the day, a Joy Hack event organised by iceAddis brought together young coders in a creative sprint to design computer games and draft accompanying articles. Held over three...
May 10 , 2025
Sep 17 , 2022
Sep 10 , 2022
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