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Jan 5 , 2025

Ethio telecom Expansion Stalls Over Funding, Land Costs

Ethio telecom's ambitious plan to expand infrastructure and improve rural connectivity is facing major setbacks due to funding shortfall and high land lease costs. The state-owned telecom provider nee...

Jan 5 , 2025

Traffic Management Overhaul Digitises Fines, Parking Fees

City transport authorities have launched a new digital traffic management system that has already registered over 600,000 vehicles. The system is expected to save more than 17 million Br annually by r...

Jan 5 , 2025

Earthquake Displaces Thousands, Threatens Kessem Dam

A series of increasingly powerful earthquakes have struck the Afar, Amhara, and Oromia regions, damaging homes and infrastructure, and forcing authorities to scramble to evacuate residents. The quakes...

Jan 5 , 2025

Banks Overhaul Governance as Regulators Tighten Controls on Boardroom Power

Spurred by a set of directives the National Bank of Ethiopia (NBE) issued lately, commercial banks have embarked on a quiet overhaul of their governance structures. Details of how the rules will be...

Dec 29 , 2024

DREAMS BETRAYED, TRAFFICKED, ENSLAVED

A 25-year-old civil engineer graduate left for Thailand in September 2023, lured by the promise of a high-paying digital marketing job. He had struggled to find stable employment after graduating in ...

Dec 29 , 2024

Consumer Unions Become Collateral Damage in a Battle Against Sugar, Oil Distribution Inconvenience

Consumer unions in Addis Abeba are being sidelined as delivery companies take over the distribution of subsidized sugar and cooking oil. The transition has impacted many consumer unions who previously...

Dec 29 , 2024

Pharma Industry Confronts Customs Over Inflated Valuations

Pharmaceutical manufacturers are in dispute with customs officials over alleged inflated valuation of imported raw materials. The Ethiopian Pharmaceuticals & Medical Supplies Manufacturing Industr...

Jan 3 , 2025

Vehicle Importers Fight Back Authorities Over New Tax System

Over 100 vehicle importers have had their bank accounts frozen by tax authorities, while 41 have filed lawsuits against the Addis Abeba Revenue Bureau (AARB) over a disputed vehicle pricing standard,...

Dec 29 , 2024

Foreign Nationals Face Skyrocketing Fees, Unyielding Regulations

Foreign residents are facing higher immigration fees and tighter regulations that have left many confused and alarmed. The Immigration & Citizenship Service (ICS) recently increased renewal costs...

Dec 29 , 2024

Banks Caught in Tax Battle, Raising Investment Slowdown Fears

Banks and insurance firms are battling tax authorities over whether dividends used to pay for unpaid subscribed capital should be taxed. Nearly 25 financial institutions have already paid 5.7 billion...

Dec 22 , 2024

Banks Scramble to Reopen After Harer City Shuts Over Forty Branches

The Harer city administration has shut down 43 bank branches, including those of Commercial Bank of Ethiopia (CBE), Awash, Dashen, Zemen, and Berhan banks. The city administration attributed the closu...

Dec 22 , 2024

Tax Bureau’s Salary Standard Triggers Dispute Over Hidden Minimum Wage

The Addis Abeba Revenue Bureau's new salary standards for tax purposes have caused backlash from manufactures, service providers, and industry leaders. Businesses opposed the move stating the decision...

Dec 22 , 2024

Police University, Immigration Services Caught with Financial Mismanagement

An audit report presented to Parliament last week revealed financial irregularities at the Ethiopian Police University, including 86 million Br deposited into two accounts unauthorised by the Ministry...

Jan 3 , 2025

High-Stakes Ownership Dispute Pits Property Against Contract Law

The legal battle between BGI Ethiopia, a leading brewery, and Zewdnesh G. Asrat has centred on a debate whether the case should be treated as a property rights or a contractual dispute. In the open...

Jan 3 , 2025

Forex-Driven Fees Ignite Parental Fury in Addis Abeba's Schools

For many families in Addis Abeba, the new school year has brought an unwelcome surprise. Rapidly rising tuition fees at some of the city's most prominent international schools have prompted parents to...

Dec 22 , 2024

FUEL POLICY DRAINS ECONOMIC ENGINES

A newly drafted proclamation from the Ministry of Trade & Regional Integration (MoTRI) threatens to clamp down on contraband fuel sales and tighten regulation through digital payment mandates. How...


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Hyper-Connected. Rarely Together

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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