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Fortune News

Jul 19 , 2025

Startup Law Promises Change But Faces Trust Deficit

Federal lawmakers have finally passed the long-anticipated startup law, setting the stage for what many in the sector hope is a transformative shift in the country's technology and innovation ecosyste...

Jul 19 , 2025

Feds Crack Down on Parallel Market with Tougher Fuel Enforcement

An aggressive push by federal authorities to digitise fuel sales has ignited a market-wide reckoning, exposing deep-rooted illicit trade and the limits of digital transformation in a country still str...

Jul 19 , 2025

Hailu Shawel's Sons Rekindle Bitter Feud Over Father's Assets

A new lawsuit filed by Hailu Shawel's, once a towering figure in both engineering and opposition politics, third son, has intensified a years-long inheritance dispute. Allegations of asset mismanageme...

Jul 19 , 2025

Supreme Court Sets Bold Course Toward Digital Justice

The Federal Supreme Court has unveiled a sweeping plan to digitise the judicial system, marking one of the most ambitious overhauls in its modern history. Branded as “eCourt Ethiopia,” the init...

Jul 19 , 2025

Nib Bank Sues Former Directors, Executives

In an unprecedented legal manoeuvre, the management of Nib International Bank (NIB) has filed a sweeping civil lawsuit against 30 of its former board members, senior executives, and audit officials. ...

Jul 19 , 2025

WHEN FAIRNESS COSTS THE SALARIED MORE

In the quiet drizzle over Addis Abeba's streets, tax reform is no longer mere policy. It walks, waits in line, and tightens its belt. Roughly 6.9 million salaried workers across the country, accountin...

Jul 13 , 2025

Revenues Bureau Targets Landlords in Revenue Push

The Addis Abeba City Revenue Bureau has introduced a new directive set to reshape how half a million property owners report and pay taxes. In a sweeping overhaul of its rental taxation regime, and...

Jul 13 , 2025

Addis Ababa Goes It Alone with Record Budget

Addis Abeba has approved a record 350 billion Br budget for the 2025/26 fiscal year, the first in the capital's history to run entirely without federal transfers. Marking a 45.1pc increase over the...

Jul 13 , 2025

VAT Relief Sprouts in Addis, But Roots of Inequality Run Deep

The Addis Abeba Revenue Bureau has scrapped a value-added tax (VAT) on unprocessed vegetables such as onions, potatoes, and their raw cousins, marking a policy shift that could ease household food bil...

Jul 13 , 2025

Parliament Draws Dividend Dispute to a Close

Federal lawmakers have finally brought closure to a protracted and contentious tax debate that has haunted financial institutions for over a year. In a move widely welcomed by banks and insurers, b...

Jul 13 , 2025

Trio Courts Global Cargo Trade with Ambitious Transit Corridor

A multimodal logistics corridor linking Ethiopia, Djibouti, and China aspires to reposition Addis Abeba as a new fulcrum in Africa's freight sector. Backed by an unlikely but potent partnership, th...

Jul 13 , 2025

RINGING IN REFORM

A historic chapter in the domestic financial sector evolution was scripted last week as senior federal government officials convened to formally inaugurate the Ethiopian Securities Exchange (ESX). Gov...

Jul 6 , 2025

Unity at the Budget Vote Tensions at Question Time

The federal legislature gave Prime Minister Abiy Ahmed (PhD) what he wanted: a 1.9 trillion Br budget passed unanimously and without dissent. But what looked like a choreographed display of parliam...

Jul 6 , 2025

Addis Abeba to Launch Sweeping Crackdown on Construction Safety Failures

In a city rising skyward at breakneck speed, a reckoning has arrived. Authorities in Addis Abeba have declared a sweeping crackdown on unsafe construction practices, putting thousands of developers, c...

Jul 6 , 2025

Finance Ministry Mandates Open Access to Digital Payments in Public Sector

A landmark directive from the Ministry of Finance signals a paradigm shift in the country's digital payments architecture. Federal agencies are now required to accept a full spectrum of electronic pay...

Jul 6 , 2025

Awash Bank Stakes Claim in Budding Capital Market with Investment Banking Arm

Awash Bank has announced plans to establish a dedicated investment banking subsidiary with an initial capital outlay of 200 million Br. The move, touted by industry observers as a step signalling grow...

Columns

Commentaries | Sep 13,2025

In Climate Talks, Africa Mortgages Tomorrow Simply to Survive Today

At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...

Editorial | Sep 13 , 2025

Digital Payments Reshape Economy While Service Workers Lose Out

The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

Student Tax ID Push Triggers Logjam

The yellow flush of Aday Abeba flowers has returned to Addis Abeba, heralding the arrival...

Agenda | Sep 13 , 2025 . By NAHOM AYELE and YITBAREK GETACHEW

Monument to National Ambition, Geopolitical Agency

The Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydroelectric power project,...

Fortune News | Sep 15 , 2025 . By AMANUEL BEKELE