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Jul 25 , 2026 . By NAHOM AYELE

Hulu Sport Wins in Court, But Stays Closed

Judges at the Federal High Court have overturned the National Lottery Administration's decision to suspend Hulu Sport, one of the country's leading sports betting operators, finding the regulator's action legally flawed. Yet the company's return to business remains on hold, after the Administrati...

Jul 25 , 2026 . By BEZAWIT HULUAGER

Global Bank Board Suspends 18 as Deposit Probe Widens

Global Bank's Board of Directors have overhauled top management, after suspending several executives as an investigation into the Bank's deposit and liquidity practices widens. Tesfaye Boru (PhD), the Bank's president, had delegated the Chief Corporate Banking Officer, Sahilemichael Mekonnen, to run the Bank while being abroad. However, the Board, chaired by Yoseph Getachew, later dissolved the delegation and named Sahilemichael acting President. The shake-up followed an investigation by the National Bank of Ethiopia (NBE) into the alleged rapid withdrawal of a time deposit estimated to...


Jul 28 , 2026 . By NAHOM AYELE

Federal Regulation Grants Receipt for Farmers, a New Product for the Banks

A newly enacted regulation by the Council of Ministers lets eligible producers pledge certified warehouse receipts as collateral for short-term loans covering up to 70pc of the appraised value of their stored produce. It takes aim at a seasonal cash squeeze that forces many growers to sell cheaply at harvest, at the moment they need money for fertiliser and the next planting season. The problem it targets has long defined the farming year. Where agriculture depends heavily on rain-fed production, harvests arrive in a short window and send a flood of grain to market, with reports showing...


Jul 25 , 2026 . By FITSUM TADESSE

Trucks Impounding Puts Fuel Carriers, Regulators at Legal Odds

A fuel tanker carrying tens of thousands of litres was confiscated after its driver allegedly siphoned four litres, leaving the vehicle's owner without his main source of income and facing a demand of millions of Birr for its release. The case has become a flashpoint in a dispute between fuel transport operators and authorities over how alleged diversion offences are investigated and punished. Transport owners argue that enforcement measures are transferring the consequences of drivers' alleged misconduct to vehicle owners and companies without adequate legal safeguards. The dispute leav...

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Jul 25 , 2026

Ethio telecom Grows, But the Towers Lag

Ethio telecom closed the first year of its "Next Horizon" roadmap with solid revenue and subscriber growth, but delayed network projects left its infrastructure performance below target. Its manage...

Jul 25 , 2026

ASKY Airlines Bets Expansion on a Hub Near Full

ASKY Airlines has tied the next phase of its growth to the modernisation of Lomé International Airport, the carrier's hub in Togo, where passenger use already runs near 80pc of annual capacity. A...

Jul 19 , 2026

Adverse Opinions Pile Up as Addis Abeba’s Budget Hits a Record

Bureaus, agencies and institutions under the Addis Abeba City Administration are sitting on billions of Birr they have neither collected nor paid, a city audit has found, exposing how a fast-growing r...

Jul 22 , 2026

Airports Lack Master Plans, Title Deeds

Most airports under the Ethiopian Airlines Group (EAG) lack master plans, and some operate without land-use plans or title deeds, a new audit by the Office of the Auditor General revealed. The find...

Jul 19 , 2026

Parents Win, International Schools Lose Their Rulebook

Judges at the Federal High Court have struck down an amendment that the Ministry of Education (MoE), under Birhanu Nega (Prof), made, ruling that it was issued without the required legal procedure, we...

Jul 19 , 2026

Addis Abeba Plans to Move Its Money to the Wires

Addis Abeba is moving to force its money through the wires. A draft directive from the city's Finance Bureau would require every municipal payment to be processed electronically, pulling half of the s...

Jul 19 , 2026

Supreme Court Ruling Lets Developers Reprice a Signed Deal

The country's highest Court has handed real-estate developers a powerful precedent, ruling that Flintstone Homes S.C. cannot be forced to build the houses it sold at fixed prices a decade ago. Buyers...

Jul 12 , 2026

Decades In, CCD Keeps the Keys, Sends the Invoices

When a WhatsApp notice told about 60 households at a gated community on the outskirts of Addis Abeba, the Country Club Developers (CCD), that their water would be cut unless each paid 35,000 Br, it wa...

Jul 12 , 2026

City Levy Lands on Hotels Before the Registers Get Ready

The Addis Abeba City Administration has begun charging a municipal tax on every hotel night in the capital, a levy its officials argue will help pay for the roads and services meant to keep it competi...

Jul 12 , 2026

Bahir Dar Stadium to Be Ready by September, a Tournament in Mind

Bahir Dar International Stadium is nearing completion, and the people building it say what is left is no longer construction but the finishing that decides whether a venue passes inspection. Region...

Jul 12 , 2026

Authority Pins Hope on a Coffee Fund as Trees Grow Old

Federal regulators of the coffee sector are preparing a fund to shield growers and exporters from collapsing prices and ageing trees, at a moment when nearly 80pc of the country's coffee stock is clas...

Jul 12 , 2026

Capital Raise Splits Anbesa Bank's Board, Shareholders

Eight months after its shareholders elected a new board of directors, Anbesa Bank has been ordered to do it again. The National Bank of Ethiopia (NBE) has rejected the election and called a fresh o...

Jul 7 , 2026

Prime Minister Concedes Health Sector Remains Underprovided

The health sector remains underprovided despite rising public spending, Prime Minister Abiy Ahmed (PhD) told Parliament today, in remarks that laid out where the money has gone and where it has fallen...

Jul 7 , 2026

There Are Jobs But No Workers, Abiy Tells Parliament

Prime Minister Abiy Ahmed (PhD) delivered one of his bluntest rebukes yet to the country's young jobseekers, telling federal lawmakers that the country's employment crisis is not a shortage of work bu...

Jul 7 , 2026

"I Wish It Wasn't the Last Speech for You": Abiy Answers His Critic

Prime Minister Abiy answered his critics with a mix of gratitude and edge, thanking lawmakers, many of whom, he noted, are returning for another term, before singlling out the opposition figure who ha...

Jul 7 , 2026

Desalegn Chanie's Rebuke Cuts Through Mohammed Ahmed's Ovation for Abiy

A ruling-party lawmaker, Mohammed Ahmed, called the Chamber to its feet for Prime Minister Abiy Ahmed (PhD). Moments earlier, a sharp opposition voice, Desalegn Chanie (PhD) rose to "testify before hi...


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Cost Recovery by Public Institutions Becomes a Hidden Tax

Ideally, citizens who have paid income tax all year should not have to reach for their wal...

Editorial | Jul 25 , 2026

Chasing Excellence in the Summer, Raising Questions Over Who It Leaves Behind

For as long as her daughter had been in school, the summer break belonged to the family. E...

Featured | Jul 25 , 2026 . By BIZUAYEHU ABIY and TIGIST MEKONNEN

Shematera Weavers' Chain Meets the VAT Line

The footsteps, bargaining voices and rustle of cotton cloth that once filled Shematera in...

Agenda | Jul 25 , 2026 . By NAHOM AYELE

Global Bank Board Suspends 18 as Deposit Probe Widens

Global Bank's Board of Directors have overhauled top management, after suspending several...

Fortune News | Jul 25 , 2026 . By BEZAWIT HULUAGER