FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



City Begins Enforcing New Transport Penalties


City Begins Enforcing New Transport Penalties

City transport officials have begun implementing strict penalties for service providers who fail to comply with new regulations. Drivers who stop service before 10:00pm, deviate from designated routes, or cut off their routes will be fined 5,000 Br. An additional 5,000 Br fine applies for charging passengers above the approved tariff set by the city administration. The Addis Abeba Transport Bureau has confirmed the regulations are in effect. Taxi drivers in the city have raised concerns, particularly over the extended operating hours and lack of fare adjustments for night services. They argue that low passenger flow from the city's outskirts at night, rising operational costs, and safety risks require a tariff revision to maintain operation viability. Drivers also claim police officers extort them and criticise the city’s penalty point system, which enforces strict penalties for violations, including accidents. Authorities deny the allegations and attribute some fare inflation to collusion between drivers and enforcement officers. City officials claim the rules are part of broader efforts to organise public transport and commercial activities and are intended to improve access to essential services. The new laws also require commercial establishments to match operating hours with public transport schedules. The officials hope that enforcing the rules will enhance consumer access to transport and retail services.

[ssba-buttons]

Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...