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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...

Feb 16 , 2025

AU LEADERSHIP SHIFTS, TURMOIL LINGERS

Outgoing African Union Commission Chair Moussa Faki Mahamat, pictured with Prime Minister Abiy Ahmed (PhD), takes a final stroll through the corridors of power in Addis Abeba on Saturday, February 15...

Feb 16 , 2025

Institute to Digitise Farmer Database, Launch Online Platform

The government has begun registering farmers in a nationwide digital database as part of a plan to modernise agriculture, expand financial access, and improve supply chains. The Agricultural Transfor...

Feb 16 , 2025

New Standard Introduces Sweeping Hospital Accreditation Overhaul

A new hospital accreditation standard has been introduced, requiring hospitals to be accredited for all their services, unlike the previous system, which covered only laboratories and infrastructure...

Feb 9 , 2025

U.S. AID FREEZES, LEAVING RECIPIENTS COUNTING

The abrupt funding pause of American aid has left the humanitarian world reeling, sparking immediate and profound uncertainty among those dependent on USAID-financed works. One consultant described th...

Feb 9 , 2025

Oversight Failures Ignite Parliamentary Wrath as Investment Audit Reveals Deep Flaws

The Ethiopian Investment Commission is under intense scrutiny after the Federal Auditor General's findings revealed years of alleged oversight failures. The report shows that, over the past 26 year...

Aug 2 , 2025

Oromia Bank Installs New Chair in Governance Overhaul, Profit Slump

Oromia Bank has elected a new board chairperson following the resignation of Assefa Sime (MD), after serving the role for over a year, replaced by Tilahun Gemechu, a senior advisor in the business and...


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Cost Recovery by Public Institutions Becomes a Hidden Tax

Ideally, citizens who have paid income tax all year should not have to reach for their wal...

Editorial | Jul 25 , 2026

Chasing Excellence in the Summer, Raising Questions Over Who It Leaves Behind

For as long as her daughter had been in school, the summer break belonged to the family. E...

Featured | Jul 25 , 2026 . By BIZUAYEHU ABIY and TIGIST MEKONNEN

Shematera Weavers' Chain Meets the VAT Line

The footsteps, bargaining voices and rustle of cotton cloth that once filled Shematera in...

Agenda | Jul 25 , 2026 . By NAHOM AYELE

Global Bank Board Suspends 18 as Deposit Probe Widens

Global Bank's Board of Directors have overhauled top management, after suspending several...

Fortune News | Jul 25 , 2026 . By BEZAWIT HULUAGER