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Apr 13 , 2025

Ministry Struggles to Fuel Industry as Coal Stalls, Gold Surges in Uneven Resource Push

Ethiopia's ambitious efforts to ramp up domestic coal production are falling short, with output reaching only 41pc of the targeted 1.64 million tonnes in the past eight months, creating a deficit of o...

Apr 13 , 2025

Addis Abeba Orders Taxi Terminal Shake-Up

The Addis Abeba's City Administration has introduced a rule obliging terminal enterprises, which have helped manage taxi loading zones for more than two years, to move on to different lines of busines...

Apr 6 , 2025

Ministry Moves to Forge Trade Policy as WTO Push Sparks Hopes, Fears

Federal officials and private sector leaders are finalising the first consolidated trade policy, trying to spur resource mobilisation and unified implementation. According to Trade & Regional I...

Apr 6 , 2025

CBE Rebounds Sharply as Profit Drive Raises Public Mandate Questions

The state-owned Commercial Bank of Ethiopia (CBE) has engineered an impressive recovery that executives credit to new strategies and policy shifts. The Bank reported collecting 367.40 billion Br in fr...

Apr 6 , 2025

Insurers Struggle to Stay Afloat as Capital Rules Bite, Talent Runs Dry

The insurance industry is bracing for major changes as the National Bank of Ethiopia (NBE) moves forward with a new directive compelling firms to adopt a risk-based capital framework. The new requi...

Apr 6 , 2025

Wheat Shortage Strains Market as Soaring Prices Hit Millers

Wheat has become a sensitive commodity, where rising prices and tight supplies threaten the once-thriving flour industry. Businesses that mill wheat and produce biscuits, noodles, and animal feed are...

Apr 6 , 2025

Grading Mandate Roils Addis Abeba Schools

Despite their ownership status, schools in Addis Abeba will have to undergo a standardised continuous assessment system, a policy that has been in effect at public schools for some time now. Offici...

Apr 6 , 2025

SEWAGE SOARS WHILE PLANNING SINKS

Under gloomy skies in Addis Abeba's rapidly expanding Lemi Kura District, residents gathered anxiously in a Noah Real Estate compound parking lot, in the Bole Beshale neighbourhood. Facing sudden dema...

Mar 30 , 2025

Barley Supply Chains Sway Under Regional Strains

The brewing industry faces a storm, with barley shortages leading to a substantial spike in prices, a scenario that has prompted alarm among industrial leaders. Barley is a fundamental ingredient i...

Mar 30 , 2025

Ministries Unveil Strategy for Local EV Procurement

Federal officials are accelerating the shift towards domestically assembled electric vehicles (EVs), with a landmark directive prioritising them in public procurement. The initiative, backed by the mi...

Mar 30 , 2025

Authorities Eye Treasury Overhaul as Billions Vanish in Fiscal Fog

The federal government is pushing towards a single account for the treasury to consolidate its financial resources, which promises to streamline budgetary control and trim cash mismanagement. In re...

Audit Finds Millions Unspent as Transport Ministry Wrestles with Merger Delays

The Ministry of Transport & Logistics faced scrutiny after federal auditors uncovered financial irregularities, including unused funds, delayed projects, and procurement anomalies tied mainly to a...

Mar 30 , 2025

Fuel Shortage Fuels Parallel Market in Tigray State as Supplies Falter

Tigray Regional State is experiencing an acute fuel shortage that has impacted agriculture, disrupted businesses, and led to the rapid expansion of an illicit fuel market. Regional officials blame fed...

Mar 23 , 2025

A Trailblazer Returns to Build What Never Was

Brutawit Dawit, a veteran banker with extensive experience in the financial sector, has been appointed to lead Ethiopia's one of the first investment banks, Wegagen Capital Investment Bank S.C.   (W...

Mar 23 , 2025

Logistics Shake-Up Lets Rivals In But Leaves ESL Steering the Ship

The opening of the logistics sector to multimodal operations has come with tight restrictions, reserving key strategic commodities and trade routes exclusively for the state-owned giant, the Ethiopian...

Authorities' Bid for Digital Quality Sparks Fury Among Cash-strapped Businesses

The Institute of Ethiopian Standards has introduced revised fees and new product marking systems targeting quality, accountability, and revenue collection. Its authorities say digital transformation i...


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Central Bank Misses the Mark on Forex Market Speculation

The National Bank of Ethiopia (NBE) issued a statement two weeks ago that appeared to be a...

Editorial | Nov 1 , 2025

They Melt Batteries to Make a Living, Inhale Poison Without Knowing

On a sun-dappled stretch of Swaziland St., near St. Paul Hospital, north of Addis Abeba, w...

Featured | Nov 2 , 2025 . By REDIET YARED

Central Bank Lifts Lending Limits on Sharia-compliant Banks

The National Bank of Ethiopia (NBE) has reversed a policy that had weighed on the four ful...

Agenda | Nov 2 , 2025 . By NAHOM AYELE

SHARIA-COMPLIANT BANKS WIN REPRIEVE, AWAIT REFORM

The National Bank of Ethiopia (NBE) has scrapped the credit-growth ceiling that had stifle...

Fortune News | Nov 2 , 2025