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Aug 17 , 2025 . By YITBAREK GETACHEW

Ministry Casts Reform Net, Fishermen Face a Tide of Uncertainty

The federal government, led by the Ministry of Agriculture, is finalising a sweeping licensing regime that will introduce formal regulation to a predominantly subsistence-based fishing sector. The regime plans to eliminate illegal, unreported, and unregulated (IUU) fishing, ban toxic and unapprov...

Aug 17 , 2025 . By RUTH BERHANU

Civil Servants Rush to Secure Digital Certificates, Skills Take a Back Seat

More than 120,000 government employees in Addis Abeba are racing to collect coding certificates under a citywide digital training initiative, part of a sweeping national goal to produce “five million coders.” Promoted by officials as a stepping stone to a digitally capable workforce, the program is beginning to resemble a paperwork exercise rather than a revolution in skills. Officials at the Addis Abeba Innovation & Technology Development Bureau say the effort is meant to prepare civil servants for an economy in transition. “This initiative was created to build Ethiopia's codi...


Aug 17 , 2025 . By BEZAWIT HULUAGER

New Entrants Rattle Insurance Industry, But Old Constraints Persist

Two new insurance companies, Standard Insurance and Was Insurance, are poised to join the fragmented and slow-growing domestic insurance industry, eyeing to carve out niche offerings in a market long dominated by conventional players. Backed, respectively, by Awach Savings & Credit Cooperative and Droga Pharma-affiliated stakeholders, their emergence marks both continuity and potential disruption in an industry still struggling with low penetration, structural inefficiencies, and pending regulatory shifts. Emerging from dissatisfaction with existing market players, Standard Insurance...


Aug 17 , 2025 . By NAHOM AYELE

Siinqee Bank Makes Foray into Investment Banking

Siinqee Bank is set launch an investment banking subsidiary with a registered capital of 497 million Br. The new company, which finalized application for registration with the Ethiopian Capital Market Authority (ECMA) on August 15, 2025, marks a milestone for Siinqee, representing a major expansion from its roots as a microfinance institution. The Bank had already received commercial registration from the Ministry of Trade & Regional Integration a week earlier. With only final ECMA approval pending, operations are expected to commence soon. The new subsidiary will become the third of...

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Aug 17 , 2025

Addis Abeba's Budget Discipline Collides with Hotel Industry Survival

The Administration of Mayor Adanech Abiebie has imposed a sweeping ban on the use of hotel venues for government meetings, workshops, trainings, and evaluations, in an aggressive bid to slash bureaucr...

Aug 17 , 2025

LOST IN TRANSMISSION

With connections collapsing at peak hours and “unlimited” packages proving anything but, digital workers struggle to convince global clients they can deliver. Software developers are painfully fam...

Aug 10 , 2025

Capital Market Tribunal Steps onto the Field

After four years of legislative gestation and eight months of bureaucratic buildup, the first dedicated capital markets court, the Ethiopian Capital Market Administrative Tribunal (ECMAT), is on the b...

Aug 9 , 2025

Minister Alemu Sets to Pull Polluting Cars Off Roads in Looming Emissions Purge

All diesel and gasoline vehicles will be barred from operating without an official emissions certificate or approved emission-reduction technology in two months, according to the Ministry of Transport...

Aug 9 , 2025

Gov't to Pour Billions Into Horticulture Dream With Stakes as High as the Harvest

Federal agriculture authorities have unveiled their most ambitious horticulture drive yet, pledging to invest 24.5 billion dollars over the next seven years in a bid to transform a largely domestic an...

Aug 9 , 2025

Parents Push Back as Elite School's Tuition Hike Spurs Dispute

An elite private school has sparked controversy over fees after its Administration more than doubled tuition for the 2025/26 academic year. Lebawi International Academy (LIA), renowned for its high...

Aug 9 , 2025

Ethiopians Among Top Visa Overstayers in U.S.

A Department of Homeland Security (DHS) data places Ethiopia among the global hotspots for B1/B2 visa overstays, uncovering the growing tension between migration pressures at home and tightening immig...

Aug 9 , 2025

Ethiopian Airlines Cruises High Altitude while Parts Shortages, Price Surges Bite

Ethiopian Airlines is facing an operational and financial balancing act, with its supply-chain bottlenecks now persisting for a fifth year since the pandemic. The shortage of aircraft spare parts has...

Aug 2 , 2025

Ahadu Bank Taps Veteran Banker During Capital Countdown

Regulators at the National Bank of Ethiopia (NBE) have confirmed the appointment of Mulugeta Beza as Ahadu Bank's third president in as many years. The appointment marks a crucial leadership transitio...

Aug 2 , 2025

New Directive Mandates Central Oversight, Digital Integration for SOEs

A sweeping new directive has been issued, marking a shift in the governance of state-owned enterprise (SOE) procurement. This directive brings over 40 major enterprises under unified oversight and dig...

Aug 2 , 2025

False Banana to Get Real Following Ministry's Enset Investment Plan

Federal authorities in the agricultural sector are placing a strategic bet on an indigenous crop that has been overlooked mainly beyond its traditional highland roots. Enset, also known as “false ba...

Aug 2 , 2025

Cosmo Trading Back in Court as Prosecutors Challenge Previous Rulings

A long standing corporate dispute over Cosmo Trading Plc has resurfaced at the Federal Supreme Court, after a federal prosecutor, Kahesay Negasi, lodged an appeal challenging a prior ruling that favou...

Aug 2 , 2025

Gadaa Bank Ventures into Capital Market with New Securities Arm

Gadaa Bank is set to launch a securities dealer share company with an initial investment of 80 million Br, receiving a trade license from the Ministry of Trade & Regional Integration (MTRI) on Jul...

Aug 2 , 2025

FLOODS TEST ADDIS' URBAN AMBITION

The scenes have become all too familiar. Torrents of rain batter the city, transforming boulevards into brown rivers, swallowing vehicles, drowning commerce, and mocking the authorities' infrastructur...

Jul 27 , 2025

ABYSSINIA BANK GOES GREEN

The Bank of Abyssinia has gone all-in on paperless banking, betting that biometric log-ins and touch-free kiosks will save it hundreds of millions of Birr in printing costs while enhancing its green c...

Jul 27 , 2025

In Greening Addis Abeba, a Legacy Planted, a Market Overlooked

As Addis Abeba ushers in this year's rainy season, city officials have committed to planting 4.2 million seedlings across the capital, a far cry from last year's 26 million. Although the scale has nar...


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Capital Market Ambitions Face Credibility Test Over Conflicted Oversight

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Salhadin Khalifa knows that every shareholder wants to see rewarding returns. As a foundin...

Featured | Aug 10 , 2025 . By RUTH BERHANU

Slow Connectivity Undermines Freelance Boom, Outsourcing Ambitions

On a weekday afternoon in Addis Abeba, when remote workers were buried in trans-Atlantic c...

Agenda | Aug 17 , 2025 . By BEZAWIT HULUAGER

Ministry Casts Reform Net, Fishermen Face a Tide of Uncertainty

The federal government, led by the Ministry of Agriculture, is finalising a sweeping licen...

Fortune News | Aug 17 , 2025 . By YITBAREK GETACHEW