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May 17 , 2025 . By BEZAWIT HULUAGER

Sovereign Fund Dips Into T-Bills Stirring Markets Long Left Dormant

Ethiopian Investment Holdings (EIH) has stepped into the Treasury Bill (T-bill) market for the first time, investing nearly seven billion Birr, marking a notable shift for commercial entities in the public debt arena. Executives of the sovereign fund believe the investment, disclosed during a fin...

May 17 , 2025

MILK SUPPLY DISRUPTIONS DRIVE PRICE SURGE

The soaring price of milk is becoming increasingly unaffordable, uncovering a deepening crisis in the dairy industry. Households are feeling the pinch as prices recently jumped by 20pc, leaving families struggling to meet basic nutritional needs, particularly civil servants and those counting on informal incomes. A litre of milk costs as much as 3,600 Br a month, eating into already tight family budgets, which are further strained by rising living costs such as rent, medical bills, groceries, and fuel. Behind these escalating prices lies a perfect storm of dwindling supply and increasing input...


May 17 , 2025 . By NAHOM AYELE

New Pharmacy Rules Promise Order But Threaten Survival of Small Businesses

In a sweeping move that has triggered applause from regulators and alarm among small operators, the federal government has rolled out new national pharmacy standards, ushering in stricter operational guidelines that redefine everything from infrastructure to location criteria. Issued by the Institute of Ethiopian Standards (IES), the latest rules stipulate detailed requirements covering everything from the minimum floor space and equipment pharmacies can have to staff qualifications and precise distancing measures from other health-related establishments. The new guidelines, enforced by...


May 17 , 2025 . By RUTH BERHANU

Federal Tax Tribunal to Extend Wings to Regional Capitals

The Federal Tax Appeals Commission is preparing to open regional branch offices next year in the Amhara, Oromia, and Sidama regional states, a move hoped to ease the long-standing logistical and financial burdens taxpayers face when contesting tax and customs assessments. Mulugeta Ayalew, president of the Commission, announced the initiative during a press conference held on May 15, 2025, at the Commission's headquarters in Alsam Cheleleke Tower on Chad Street. The announcement marks a major operational shift for the quasi-judicial body, which was established under the Federal Tax Appeal Tr...

Fortune News

Addis Abeba's New Policy Makes Landlords Tax Watchdogs

A new measure from the Addis Abeba Revenue Bureau (AARB) makes commercial landlords partly accountable for their tenants' unpaid taxes, an attempt to plug revenue leaks and prevent alleged tax evasion...

May 17 , 2025

Tourism Ambitions Hit Roadblocks as Violence, Red Tape Undermine Recovery

The tourism sector, battered by security risks, bureaucratic slowdowns, and infrastructure gaps, is struggling to regain its footing despite promising signs of recovery. In an address to federal legis...

May 11 , 2025

PROMISED HOMES COME WITH DEBT

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 r...

May 11 , 2025

Revenue Rises Falter Under Weight of Smuggling Surge, Depreciation, Inflation

The federal government collected 653.2 billion Br in tax revenue in the third quarter of the current fiscal year, narrowly surpassing the Ministry of Revenue's target of 646.7 billion Br but falling s...

May 11 , 2025

Ministry Pushes Auto Policy Shift as Industry Hits the Brakes

Federal officials have drafted a sweeping policy for automotive development, aspiring to turn Ethiopia into an assembly hub that can join South Africa and Morocco. The text, prepared with input from d...

May 12 , 2025

Worker Turnover, Export Slump Test Industrial Parks

Labour churn erodes the flagship industrial-park experiment, unsettling managers who hoped the zones would anchor an export-led industrialisation drive. During the first nine months of the current fis...

May 11 , 2025

Avocado Boom Faces a Bitter Harvest Despite Lofty Promises, Fragile Supply Chains

Federal officials have unveiled a three-pronged allocation strategy for this year's anticipated avocado bonanza. Of the record 18.1 million tonnes forecasted, half is earmarked for export, 40pc for do...

May 11 , 2025

Addis Abeba's Parking System Goes Cashless

Addis Abeba's municipal authorities are rolling out a digital overhaul in urban transport infrastructure, targeting what has long been a cash-heavy, allegedly graft-prone parking system. Through the A...

May 3 , 2025

OROMIA BANK LAUNCHES 'MILKII' APP TO JOIN DIGITAL FUEL RACE

Oromia International Bank introduced a new digital fuel-payment app, "Milkii," allowing customers to buy fuel on credit, at a launch on Saturday, May 3, 2025, at Libya Oil Ethiopia's gas station near...

May 4 , 2025

Regulators Turn Up the Heat on Banks to Brace Capital Ratio Shake-Up

Commercial banks face stringent new capital adequacy rules, with regulators saying they are designed to compel them to meet international standards and strengthen their ability to withstand financial...

May 4 , 2025

PENSIONERS BUCKLE UNDER PRESSURE

Pensioners face harsh economic realities, their retirement payments swiftly eroded by inflation and spiralling living costs. They struggle daily despite a recent pension rise, barely covering transpor...

May 7 , 2025

Postal Giants New Venture Pressures Street-Level Drafters to Fold

Ethiopost, the state-owned postal service provider, plans to launch document drafting services in partnership with the federal Documents Authentication & Registration Service (DARS), alarming smal...

May 4 , 2025

Heineken Steps Up Investment as a Barley Price Puts the Beer Giant on Edge

Heineken Ethiopia is investing 26 million euros in its Qilinto brewery, a move that will accelerate the Dutch company's rise to dominate Africa's second most populous country and consolidate its regio...

May 4 , 2025

Ad Firms Caught in Crossfire as City Bureaus Battle Over Billboard Fees

A bureaucratic spat between two bureaus under the Addis Abeba City Administration is causing frustration and financial strain for the capital's advertising industry. The Construction Permit & Cont...

May 4 , 2025

Amhara State Land Reform Unlocks Capital, But Stirs Fears of Rural Dispossession

A far-reaching land reform bill in Amhara Regional State has entered the record books. The new law rewrites two decades of rural land rules and loosens some of the tightest restrictions on smallholder...

Apr 28 , 2025

Bound by Duty, Lawyers Fight for Fair Pay in Free Legal Aid Battle

The Ministry of Justice has taken a decisive step toward enforcing a four-year-old mandate that requires private lawyers to provide free help to the destitute. A draft directive, now posted for public...


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A Typo Takes Five Days, a National ID to Fix

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Drowning in Someone's Storm

Agenda | May 17,2025

Milk Prices Soar as Dairy Chain Buckles Under Strain

Editorial | May 17,2025

Researchers Churn Out Studies by the Ton. Quality Checks are Causality


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Researchers Churn Out Studies by the Ton. Quality Checks are Causality

Ethiopia pours more than three billion Birr a year into academic research, yet too much of...

Editorial | May 17 , 2025

Curtain Falls on a Capital Stage as Theatre Fights for Its Life

The balcony at the National Theatre, on Churchill Avenue, used to fill up days in advance...

Featured | May 4 , 2025 . By NAHOM AYELE

Milk Prices Soar as Dairy Chain Buckles Under Strain

Azeb Asamen sat in the modest living room of her small home near Haile Garment Square, in...

Agenda | May 17 , 2025 . By YITBAREK GETACHEW

MILK SUPPLY DISRUPTIONS DRIVE PRICE SURGE

The soaring price of milk is becoming increasingly unaffordable, uncovering a deepening cr...

Fortune News | May 17 , 2025