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Ethio-Djibouti transport corridor, a vital trade route, is facing severe problems due to deteriorating infrastructure, outdated vehicles, and regulatory disputes, with both sides blaming each othe...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

Jan 12 , 2025

Wegagen Bank Casts First Stone in Securities Exchange Pond

Wegagen Bank, lined up to become the first company to list on the newly launched Ethiopian Securities Exchange (ESX), has cleared a key milestone in its quest to go public. On January 10, the Bank reg...

Jan 12 , 2025

Illegal Trade Threatens Export, Tobacco, Pharma Industries

Ethiopia's key industries are battling the contraband trade. Leaders from tobacco, coffee, livestock, and pharmaceutical sectors have called for urgent government intervention to combat the threat. ...

Jan 12 , 2025

Alleged Shareholder Sues Sunpay, Demands Dissolution

An alleged shareholder of Sunpay Solutions S.C., Bruck Fikre, has filed a lawsuit seeking the recovery of his claimed shares, originally valued at 1.3 million Br. The legal action follows a series of...

Jan 12 , 2025

Plastic Ban Fuels Environmental Hope, But Bagging Trouble

Plastic manufacturers are pushing back against a bill banning single-use plastic bags, warning it could upend their industry, eliminate billions of Birr in revenues, and force more than a million...

Jan 12 , 2025

Federal Judge Suspends Addis Chamber's Assembly as Leadership Dispute Intensifies

An abrupt legal dispute has thrust the Addis Abeba Chamber of Commerce & Sectoral Associations (AACCSA) into the limelight, ending its general assembly two days before it was set to convene. A...

Jan 5 , 2025

Pharma Supplier to Build 100 Million Dollar Automated Warehouse

The Ethiopian Pharmaceutical Supply Service (EPSS) plans to construct a 100 million dollars mega warehouse in a bid to modernise and centralise its pharmaceutical storage and distribution. The project...


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Commentaries | Aug 22,2026

Exports Need One Owner, Not a Dozen

Life Matters | Aug 22,2026

Hyper-Connected. Rarely Together

My Opinion | Aug 22,2026

Telebirr Builds the Infrastructure. CBE Drives the Traffic

Sunday with Eden | Aug 22,2026

Get Good First, Let the Passion Follow

Agenda | Aug 22,2026

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

Editorial | Aug 22,2026

Exports Record Worth Having. They Worth More as a Beginning


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Exports Record Worth Having. They Worth More as a Beginning

A record is a strange thing to worry about. Federal trade officials have booked the best e...

Editorial | Aug 22 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

The tax bill that reached Ferdos Debebe this year left little room in the tight finances o...

Agenda | Aug 22 , 2026 . By ABDUREUF JUHAR and FITSUM TADESSE

Central Bank Writes Rulebooks for Billion-Birr Market Already Exists

The forthcoming strategy for interest-free finance will place Sharia-compliant financing o...

Fortune News | Aug 22 , 2026 . By BEZAWIT HULUAGER