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Apr 6 , 2024

Ministries at Odds Over Hide Exports

Ethiopia's leather industry is facing a policy clash between government ministries with officials at the Ministry of Agriculture pushing to remove the export tax on raw hide and skin, while the Minist...

Mar 30 , 2024

BANKING'S GLASS CEILING INTACT

In the banking industry, an indefensible gender imbalance persists at the leadership level. Among the country's 28 commercial banks, only Melika Bedri, president of ZamZam Bank, holds a position at th...

Mar 30 , 2024

Gas Pumps Dry in Addis as Floods Block Vital Import Route

A major fuel shortage, caused by a series of heavy rains that have flooded the critical import route from the ports in Djibouti, has disrupted the regular flow of fuel into the country. The logistical...

Mar 30 , 2024

Ethiopia Bets Big on Reforms While Juggling IMF Grenades

As federal authorities eagerly anticipate the potential billion-dollar International Monetary Fund (IMF) package, a team from the Fund conducted a series of meetings in the capital over the past week...

Mar 30 , 2024

Central Bank Paves Way for National Sharia-Compliant Advisory

National Bank of Ethiopia (NBE) has directed all financial institutions to collaborate on a study aimed at establishing a national Sharia-compliant board to oversee the emerging interest-free banking...

Mar 30 , 2024

Oromia Tightens Grip on Artisanal Mining

Oromia Regional State's artisanal mining sector is in flux after stricter re-registration requirements were implemented by the Mineral Development Authority six months ago. The Authority tightened reg...

Mar 30 , 2024

Fed Bets on Recycled Plastic to Curb Forex Costs

Ethiopia is exploring a draft regulation that would introduce recycled plastic (PET) into food and beverage packaging. Officials believe this move will reduce reliance on expensive imports and combat...

Mar 23 , 2024

A CAPITAL IN FLUX

A microcosm of Addis Abeba's vibrant yet convulsive changeover unfolds in the jammed corridors of the Arada District Land Management & Administration Bureau, on Adwa St. Residents, burdened with a...

Renewable Energy Push Meets Infrastructure Hurdles

Ethiopia's decades-old energy policy is evolving rapidly, opening doors for private sector involvement in renewable energy and clean technology. Spearheaded by the Ministry of Water & Energy, the...

Mar 23 , 2024

Fed Procurement Push Aims to Fuel Industrial Growth

Minister of Finance Ahmed Shide has intensified efforts to enforce mandatory domestic procurements across federal government institutions. He issued directives to 169 federal agencies two weeks ago, u...

Mar 23 , 2024

Steel Industry Seeks Way Out of Policy Coil

A policy measure that favoured steel importers over manufacturers was laid out as the major issue for the industry tethering on the brink of collapse. Following discussions at the Prime Minister's Off...

Mar 16 , 2024

ETHIOPIA'S REFORM ROULETTE PLAYS

Finance Minister Ahmed Shide inked a comprehensive 13-article agreement with the Development Partners Group (DPG), a coalition of donors led by the United Nations and the United Kingdom. The rite, hel...

Mar 16 , 2024

CBE Glitch Transforms a Routine Weekend into a Jackpot

In a dramatic turn of events that rattled the digital banking sector, the Commercial Bank of Ethiopia (CBE), the largest financial institution, encountered a severe system malfunction early Saturday m...

Mar 16 , 2024

Sowing Seeds of Tax Hike

The Ethiopian government recently implemented revised import taxes to bolster domestic businesses and decrease reliance on foreign goods. This move is in line with the country's ongoing import substit...

Mar 16 , 2024

Commercial Banks Dip Toes into Capital Markets Pool

The National Bank of Ethiopia (NBE) introduces a draft directive limiting commercial banks' equity investments in non-banking businesses to 10pc of their total capital. The move is designed to anchor...

Mar 16 , 2024

Accreditation Crackdown Sweeps Higher Education

Ethiopia's higher education system stands on the cusp of a major transformation. Stringent standards are now mandated for new accreditations and program approvals, setting a precedent for rigorous scr...


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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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