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Mar 9 , 2025

Insurance Industry Braces for Governance Revolution

National Bank of Ethiopia is proposing sweeping changes to insurance company governance, including stricter board composition rules and enhanced whistleblower protections. Regulators have released a d...

Mar 9 , 2025

Taxis Push for Fare Hike Over Looming Night Shift Decree

Addis Abeba taxi drivers are calling for urgent tariff adjustments for nighttime operations, citing increased costs and safety concerns stemming from new city regulations mandating extended operating...

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...


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Columns

Commentaries | Apr 13, 2025

A Trade War Hits the Flower Aisle. Ethiopia Feels the Thorns

Life Matters | Apr 13, 2025

The Awkward Art of Saying Hello

My Opinion | Apr 13, 2025

Classrooms Shouldn't Become Coffins for Dreams

Sunday with Eden | Apr 13, 2025

Grace Over Grind

Agenda | Apr 13, 2025

Trenches of Tax Turmoil

Editorial | Apr 13, 2025

Officials Bank on Student Service to Patch a Fractured Country


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Officials Bank on Student Service to Patch a Fractured Country

The federal government will soon require one year of national service from university stud...

Editorial | Apr 13 , 2025

When the Lift Lets Users Down

Key Takeaways: Human stories, like Hiwot's and Mekdes', reveal dire safety lapses i...

Featured | Apr 6 , 2025 . By YITBAREK GETACHEW

Trenches of Tax Turmoil

Key Takeaways: Merkato's bustling trade shows signs of a slowdown, manifesting deep...

Agenda | Apr 13 , 2025 . By BEZAWIT HULUAGER

MERCATO TAXED TO SILENCE

Some parts of Merkato have fallen uncharacteristically silent, contrary to its typical bus...

Fortune News | Apr 13 , 2025