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Feb 2 , 2025

Authority's Coffee Ban Roils Industry as Exporters Cheer, Farmers Reel

The coffee industry is reeling after the Ethiopian Coffee & Tea Authority (ECTA) abruptly banned the export of grade-five coffee. The Authority is tightening regulations on vertical integration to...

Feb 2 , 2025

Dispute Deepens at Addis Chamber as Abera Abegaz Challenges Election

The controversy surrounding the Addis Abeba Chamber of Commerce & Sectoral Associations (AACCSA) has escalated as board member Abera Abegaz demands enforcement of a court ruling that overturned hi...

Feb 2 , 2025

Central Bank Extends Loan Repayment Period for Tigray Businesses

Businesses and traders in the Tigray Regional State have been granted a one-year extension on loan repayments totalling 86 billion Br, offering temporary relief after the devastating two-year conflict...

Feb 2 , 2025

Utility Expands Smart Metre Installation to Curb Power Theft, Improve Service

The Ethiopian Electric Utility (EEU) is rolling out smart electric metres across Addis Abeba to combat power theft, enhance customer service, and modernise its infrastructure. The project, funded by t...

Jan 25 , 2025

MOTORISTS HIT BRAKES ON TOUGHER FINES

Many motorists face new and stricter traffic regulations introduced by the Council of Ministers. The regulations include a three-tier penalty system with higher fines and demerit points, hitting offen...

Jan 25 , 2025

Capital Crossfire Catches Geez Bank, Promoters Bicker Over Future

Geez Bank, a nascent commercial bank, currently under formation, is embroiled in a tense dispute that has overshadowed its promoters' plans to begin operations. Organisers are divided over whether to...

Jan 25 , 2025

Leather Exports Face a Hard Floor as Officials Try to Patch Forex Crunch

Ministry of Industry (MoI) officials have taken exporters by surprise, imposing minimum export prices for 12 leather products, a move they say is designed to raise foreign currency earnings and fight...

Jan 25 , 2025

Hibret Bank Names Tsigereda Tesfaye as President During Shifting Industry Dynamics

Hibret Bank's board of directors, chaired by Samrwit Getamesay, has nominated Tsigereda Tesfaye as its sixth president, submitting the request for regulatory clearance to the National Bank of Ethiopia...

Jan 25 , 2025

Ethiopia, Djibouti Trade Blame Over Deteriorating Corridor

The Ethio-Djibouti transport corridor, a vital trade route, is facing severe problems due to deteriorating infrastructure, outdated vehicles, and regulatory disputes, with both sides blaming each othe...

Jan 25 , 2025

Parliament Moves Closer to Establishing Certified Accountants Institute

Parliament is moving close to establishing the country's first institute for certified public accountants and auditors, as a draft proclamation was submitted for ratification following a final public...

Jan 25 , 2025

Embryonic EV Industry Crumbles as Imports Dominate Market

Ethiopia's electric vehicle (EV) industry is under pressure from import competition, rising taxes, and unclear policies. Assemblers cite high taxes, foreign exchange instability, lack of financing, an...

Jan 19 , 2025

THREADBARE TRADITIONS, WEAVING UNRAVELS FAST

The looming scarcity of essential imported materials has overshadowed traditional weaving in Addis Abeba. Weavers recall a time when Timqet festivities meant a flurry of orders in the northern outskir...

Jan 19 , 2025

Hailu Shawel's Family Embroils in Billion-Birr Property Dispute

The family of the late Hailu Shawel, a civil engineer and a prominent opposition leader, is embroiled in a high-stakes lawsuit over assets allegedly worth billions of Birr. His widow and several child...

Edible Oil Industry on the Brink as Factories Shut Down, Succumb to Foreign Competition

The edible oil industry is on the brink of collapse, with the number of fully operating factories plummeting from 60 three years ago to just four. Over 20 manufacturers have permanently closed, while...

Jan 19 , 2025

Finance Shortfalls Entangle Pharma Supplies, Distributions

Pharmaceutical manufacturers have underperformed, failing to deliver 4.1 billion Br worth of medicines to the Ethiopian Pharmaceutical Supply Service (EPSS) over the past two years, according to a rec...

Jan 19 , 2025

New Law Regulates Organ Donation, Restricts Gifting

A recently passed Health Service Administration & Regulation Proclamation legalises the donation and transplantation of organs and tissues, consolidating health service regulations under a single...


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At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...

Editorial | Sep 13 , 2025

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The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

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The yellow flush of Aday Abeba flowers has returned to Addis Abeba, heralding the arrival...

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The Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydroelectric power project,...

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