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Jun 29 , 2025

Gadaa Bank Debuts on Securities Exchange

Gadaa Bank has listed 1.2 million shares on the Ethiopian Securities Exchange (ESX), becoming the second financial institution to go public after Wegagen Bank. The listing, done through an “intro...

Jun 29 , 2025

AG Meseret Flags Billions in Unrecovered Funds

The federal government continues to wrestle with entrenched fiscal mismanagement, a scathing audit report by Auditor General Meseret Damtie revealed. Presenting her findings to Parliament last week...

Jun 21 , 2025

ENAT BANK'S MEASURABLE EQUITY

In a landmark move to promote gender equity in the banking industry, the National Bank of Ethiopia (NBE) has released its inaugural Gender Financial Inclusion Index, positioning Enat Bank at the foref...

Jun 21 , 2025

Real Estate Faces Sweeping Regulatory Overhaul

Officials of the Ministry of Urban & Infrastructure have tabled a draft regulation they believe will restore public trust and tighten fiscal discipline. Unveiled at the “2025 Ethio Real Estat...

Electric Blitz Strands Domestic Car Builders

A sudden ban on the importation of semi-knockdown and completely knockdown kits for gasoline-powered vehicles, a move authorities say rapidly accelerates a shift toward electric mobility, has left a b...

Jun 21 , 2025

Hefty Deposit Thresholds Threaten Maritime Labour Export Ambitions

Mufariat Kamil, minister of Labour & Skills (MoLS), is rewriting the rules on overseas work, hoping to export skilled labour rather than being limited to housemaid services. A bill her experts...

Jun 21 , 2025

Legal Battle Over BGI Ethiopia Shares Escalates to Federal High Court

A high-stakes legal battle over the disputed ownership of shares in one of Ethiopia's most iconic breweries, BGI Ethiopia Plc, has reached the Lideta Division of the Federal High Court. Lawyers rep...

Jun 21 , 2025

Tax Overhaul Treats Lawyers as Traders, Ignites Bar Uproar

The legal fraternity is facing a moment of uncertainty as sweeping tax reforms have effectively changed the long-standing fixed-rate tax scheme for lawyers, without offering a clearly defined replacem...

Jun 15 , 2025

KEGNA BEER POURS INTO COMPETITIVE MARKET

Kegna Beverages on Saturday, June 14, 2025, uncorked its first bottles of Kegna Beer, a domestically owned, five percent ABV lager brewed in the West Shewa Zone of Oromia Regional State, marking what...

Jun 15 , 2025

Fed Unleashes Record Budget as Spending Priorities Draw Fire

The federal government presented legislators with a budget proposal for the fiscal year 2025/26, marking an unprecedented shift in the country's fiscal approach. The budget bill totals 1.93 trillio...

Jun 15 , 2025

Billions Unaccounted as Auditors Watch Recovery Rates Stall in Bureaucratic Quagmire

A three-year effort by the Audit Stakeholders Forum to restore fiscal discipline across federal institutions has yielded meagre returns. Despite broader coordination among oversight bodies, enforcemen...

Jul 19 , 2025

Environmental Authorities Turn to Water Fees as Ecological Strains Deepen

Environmental authorities have signalled a shift toward regulatory intervention, introducing a usage-based payment system for water drawn from natural reservoirs such as Lake Zway. The country's ec...

Jun 15 , 2025

Unilever Gains First-Mover Edge as Market Barriers Fall, Fears Rise

Unilever, the British-Dutch multinational, has become the first foreign company licensed to import finished goods directly into the country, following revisions to investment policies. Vaseline petrol...

Jun 7 , 2025

WEGAGEN GRAZES FRESH GREEN GROUND

Wegagen Capital Investment Bank, one of the first two standalone investment banks, launched operations on June 2, 2025, at the Hilton Addis Abeba Hotel. Chief Executive Officer Brutawit Dawit was join...

Jun 8 , 2025

Central Bank Moves to Erase Paper Bonds Betting on Digital Overhaul

Investors will soon find that physical paper certificates for government bonds and Central Bank securities are a relic of the past, replaced by electronic records stored securely online. The National...

Jun 8 , 2025

When Purpose Meets Penalties, the Taxman Strikes Back

In a fresh blow to the embattled Purpose Black S.C., the Ministry of Revenues has demanded over half a billion Birr in back taxes, penalties, and interest, intensifying the regulatory storm surroundin...


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The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE