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Dec 8 , 2024

IN DIGITAL ID, PROMISE MEETS CHAOS

The National ID Program, a.k.a Fayda, has met citizens with the kind of contention that bruises optimism. Many thought it would lighten the load of everyday transactions, but found themselves wrestlin...

Dec 8 , 2024

Khat Trade Wilts, While Farmers, Exporters Bear the Bitter Cost

The once-thriving khat trade is unravelling, leaving farmers and exporters trapped between unauthorised checkpoints, rising tax burdens, and a surge in contraband trade. The leafy stimulant once sust...

Jan 3 , 2025

Drugs Procurement Planned Overhaul Targets Chronic Supply Ailments

The drug supply chain may soon see its most important overhaul in years as a proposed directive transfers full procurement authority for pharmaceutical supplies from the Public Procurement & Prope...

Dec 8 , 2024

Authority Rolls Out Red Carpet for First Securities Exchange

Ethiopian Capital Market Authority (ECMA) has taken its final step in establishing the foundation for the country's nascent capital market as it granted two operational licences to the first security...

Jan 3 , 2025

Central Bank Report Flags Widening Vulnerabilities in Banking Sector

The National Bank of Ethiopia's (NBE) second annual financial stability report reveals growing cracks in the banking system, raising alarms over operational risks, liquidity shortfalls, and a constrai...

Dec 8 , 2024

Africa Secures $29b Windfall, But Risks Loom Over Investment Surge

After three days of back-to-back boardroom discussions and deal-making sessions, the African Investment Forum recorded a fresh influx of 29.2 billion dollars in new investor interest, exceeding earlie...

Dec 1 , 2024

FRANCE'S SOFT POWER MAKEOVER

France and Ethiopia have reinforced their bilateral relationship with a landmark agreement signed on Saturday, November 30, 2024, increasing access to education and preserving cultural heritage. Durin...

Dec 1 , 2024

Addis Abeba Tightens Fire Safety Rules Fighting Rising Blazes

Addis Abeba is taking a hard look at its fire safety protocols as the city's Fire & Disaster Risk Management Commission introduces a directive to reduce fire incidents by over 70pc, a move that has bu...

Dec 1 , 2024

Investment Holdings Revamps CBE's Boardroom

Brook Taye (PhD), CEO of Ethiopian Investment Holdings (EIH), Ethiopia's sovereign wealth fund, has appointed three individuals to the board of the state-owned Commercial Bank of Ethiopia (CBE), follo...

Dec 1 , 2024

Parliament to Phase Out Urban Freehold Tenure

A bill proposing sweeping reforms to the urban land lease system was tabled in Parliament last month, introducing major changes to land tenure and administration. The legislation, prepared by the Mini...

Jan 3 , 2025

Weathering Sustainability Auditing Storm

Accounting & Auditing Board of Ethiopia (AABE) is urging accountants and auditors to adopt international standards on climate risk and sustainability disclosures. The call comes as global investor...

Dec 1 , 2024

Djibouti Bets Big on Ethiopia's Recovery Despite Regional Strains

Djibouti remains cautiously optimistic in its relations with Ethiopia, its largest neighbour, offering an anchor for economic recovery and growth in the Horn of Africa. Its leaders aspire for integrat...

Dec 1 , 2024

Millions Confront Deadly Hunger as Conflicts, Climate Pressures Intensify

Ethiopia is confronting a severe food insecurity crisis, with 15.8 million of its citizens facing acute hunger, according to a joint report by the United Nations Food & Agriculture Organisation (F...

Nov 24 , 2024

TAXING TIMES AT MERCATO

Business owners in Mercato were reeling from a crackdown on tax compliance that has disrupted the heart of the capital's commerce. Tax authorities have intensified efforts to enforce receipt issuance...

Nov 24 , 2024

In Civil Service Overhaul, Pay Raises Spark Hope, Inflation Fuels Doubt

The federal government is to establish a Merit & Wage Board, chaired by the Prime Minister, to oversee wage adjustments for the country's 2.4 million civil servants. The seven-member board include...

Nov 24 , 2024

Lingering EV Charging Station Regulations Stifle Investors

Months after the Institute of Ethiopian Standards introduced benchmarks for electric vehicle (EV) battery lifespan and capacity, the absence of accompanying standards for charging stations has stalled...


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Cost Recovery by Public Institutions Becomes a Hidden Tax

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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

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

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Global Bank Board Suspends 18 as Deposit Probe Widens

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

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