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Mar 9 , 2025

USAID Budget Cuts Threaten Africas Stability, Experts Warn

As the Trump Administration's “America First” agenda pushes for sweeping domestic reforms, proposed budget cuts to the United States Agency for International Development (USAID) cast long shadows...

Mar 2 , 2025

Wegagen Breaks Ground as First Bank to Issue Shares on Capital Market

Wegagen Bank has taken a pioneering step in the emerging capital market, releasing a prospectus for listing and registering its shares on the nascent Ethiopian Securities Exchange (ESX). The Bank, whi...

Mar 2 , 2025

Central Bank Loosens Grip on Reserve Rules

Central Bank regulators would merge commercial banks' reserve and payment accounts, a departure that will grant lenders greater flexibility in handling daily cash obligations. The National Bank of...

Mar 3 , 2025

Toppan Gravity Frontrunner for Supplying Nationwide Excise Stamp System

In advanced negotiations with Toppan Gravity Ethiopia, the Ministry of Finance is nearing the launch of a nationwide excise stamp system that officials say will help modernise tax administration and c...

Mar 2 , 2025

Court Hears Testimony in Purpose Black's Alleged Fraud Case

Executives of Purpose Black ETH Trading S.C. appeared before the Federal High Court Lideta Criminal Bench, continuing to face criminal charges related to allegations of fraud and corruption. Since Feb...

Mar 2 , 2025

Water Ministry Moves to Silence Pollution as Rivers Cry for Help

Officials at the Ministry of Water & Energy (MoWE) are proposing major land use changes near rivers and lakes. A new bill outlines buffer zones that could restrict farming, housing, and industry,...

EGG-TRAVAGANT PRICES SCRAMBLED HOUSEHOLD BUDGETS

A public service employee who earns 7,500 Br a month recently found himself walking away empty-handed from a street vendor near Anbessa Gibi Park (Russia St.) in Addis Abeba. Only weeks ago, he could...

Feb 23 , 2025

AliExpress Enters Local Market, Regulation Remains Uncertain

Chinese e-commerce giant AliExpress, part of the Alibaba Group, announced last week that it will start accepting Birr for transactions. The service, set to begin on February 24, 2025, is also being ro...

Feb 23 , 2025

Football Clubs on the Brink as Spending Outpaces Sense

Ethiopian football's premier competition is experiencing a financial crisis. Behind the allure of passionate fans and spirited on-field competition, clubs in the Ethiopian Premier League (EPL) are und...

Feb 23 , 2025

Cheap Imports, Tax Burden Weaken Demand, Choke Cotton Industry

Ethiopian cotton producers are struggling to sell their goods as Value-Added Tax (VAT) hikes prices and local demand plummets. To survive, many are now exploring foreign markets. Local producers al...

Feb 23 , 2025

Pharma Manufacturers Push for Tripartite Loan Fund to Boost Production

Pharmaceutical manufacturers are seeking greater loan access to ease financial strain caused by high operational costs and delayed payments. They have requested a seven-billion-Birr loan from the C...

Feb 23 , 2025

Government Proposes Emergency Medical Fund for Road Accident Treatment

The Road Safety and Insurance Fund Service (RSIFS) plans to establish an Emergency Medical Services Fund (EMSF) to cover treatment costs for road accident victims. The fund will be financed through co...

Feb 16 , 2025

Ayat Mall Caught in Limbo as Owners, Developer Clash Over Delayed Permits

Ayat Mall, located near the roundabout popularly bearing its name, is at the centre of a lengthy dispute between hundreds of shop owners and the real estate developer, Ayat S.C. Shop owners complai...

Feb 16 , 2025

Parliament Enforces Stricter Environmental Rules, Heavy Fines for Violations

Parliament has ratified a new proclamation imposing tough environmental regulations, mandating rigorous impact assessments and severe penalties for non-compliance. The law requires government projects...

Feb 16 , 2025

Dangote Bids for Expansion, Eyes Diversified Investments

Dangote Group, the largest cement manufacturer in Africa, is making a 400-million-dollar investment to double the production capacity of its Dangote Cement Plc plant in Mugher town, Oromia Regional St...

Feb 16 , 2025

Steelmakers Hit Breaking Point as Soaring Costs, Imports Erode Industry

Domestic steelmakers have been confronted with a severe crisis driven by escalating scrap metal prices and acute shortages that threaten to undercut their ability to compete. The soaring costs, they a...


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Agenda | Jun 07,2026

THE GOLD RUSH RUNS OUT OF FUEL

Editorial | Jun 06,2026

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


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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