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Oct 21 , 2023

Contraband Steel Floods Market, Straining Domestic Producers

For years, the construction skyline of Addis Abeba has hinted at a promise of an industrial future. But beneath the scaffolds, domestic metal manufacturers face intense pressure from contraband trade...

Oct 21 , 2023

Community Health Insurance Doubles Premiums, Testing the Limits of Affordability

As residents of Addis Abeba grapple with the galloping inflation, serious concerns over the doubled Community-Based Health Insurance (CBHI) rates from the prior year come up during the mobilisation ca...

Oct 21 , 2023

Facing Geopolitical Uncertainty, Multinationals Struggle with Transfer Pricing

Executives from a few multinational corporations (MNC) gathered last week at the Haile Grand, on Asmara Road, debating the impact of “transfer pricing” as a tool to steer through turbulent waters...

Oct 21 , 2023

Ethiopian Economy on the Upswing Despite Regional Decline: IMF

A trio of economists from the International Monetary Fund (IMF) presented the World Economic Outlook for the first time in Africa last week. The report displayed to an audience that included Centra...

Oct 14 , 2023

Central Bank Ramps Up Digital Finance Oversight Responding to Expansion

The Central Bank is ushering in a new era for digital financial providers, compelling existing and emerging companies to conform to heightened standards, under reforms endorsed by Governor Mamo Mehire...

Oct 14 , 2023

Prime Property Deal Spirals into a Whirlpool of Legal, Financial Turmoil

A transaction involving the transfer of a plot to a reputable family is at the epicentre of a federal probe that led to the arrest of Abinet Gebremeskel, a once close confidant of Mohammed Ali Al-Amou...

Oct 21 , 2023

City Officials Axe Chamber's Exhibition Centre Managment Contract

A struggle over management responsibility and development plans unfolds as a supervisory board severed the Addis Abeba Chamber of Commerce & Sectoral Association's (AACSSA) management contract fo...

Oct 14 , 2023

Petroleum Dealers Seek Triple Profit Boost Citing Soaring Costs

Petroleum retailers hope to prompt officials at the Ministry of Trade & Regional Integration to increase their profit margin threefold with a study that identifies possible means underway by the E...

Oct 14 , 2023

Sahleworq Paints Optimistic Growth Prospect, Despite Shadow of Discontent

President Sahleworq Zewde's address to the joint session of the two legislative houses last week laid down the federal government's plans for the fiscal year. It stood stark against the backdrop of a...

Oct 14 , 2023

Land Services Poised for Digitisation as Belated Project Nears Launch

After dragging years and multiple companies to upload land-holding information of residents into a digital system, the much-anticipated reform of land-related services across the capital initiated by...

Oct 7 , 2023

Abnet's Arrest Adds Fuel to Feud with Al-Amoudi

Abnet Gebremeskel, a long-time confidant-turn-adversary of Mohammed Ali Al-Amoudi (Sheihk), has been arrested by the federal police in a move that seems part of a broader probe into his investment act...

Oct 7 , 2023

From Dusty Archives to Contemporary Pockets

A recent amendment dubbed the "wall and roof tax" - colloquially known as the "property tax" by the populace - is under scrutiny. This tax faces stiff legal resistance four months after its inception...

Pharma Ambitious to Leap to Regional Markets

The pharmaceutical industry is moving to export products overseas, with major domestic companies planning to venture into neighbouring markets within the next two years. Kilitch Estro Biotech Plc,...

Oct 7 , 2023

Boards to Remedy Public Hospital Administrative Pains

A sweeping reform entailing a board of directors establishment across hospitals and health centres under the purview of the Addis Abeba Health Bureau is initiated as part of a radical overhaul of heal...

Oct 7 , 2023

Authorities Chart Course on Livestock Exports

Meat exporters are eagerly awaiting the implementation of a binding agreement with livestock suppliers, hoping to compete in global markets efficiently. This comes in response to exporters' requests f...

Oct 7 , 2023

Labour Ministry Revamps Occupational Hazard Standards

The list of occupational hazards that compel compensation has been comprehensively revised following a groundbreaking research program, aiming to align with an evolving work environment that poses eme...


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Cost Recovery by Public Institutions Becomes a Hidden Tax

Ideally, citizens who have paid income tax all year should not have to reach for their wal...

Editorial | Jul 25 , 2026

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

Shematera Weavers' Chain Meets the VAT Line

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

Agenda | Jul 25 , 2026 . By NAHOM AYELE

Global Bank Board Suspends 18 as Deposit Probe Widens

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

Fortune News | Jul 25 , 2026 . By BEZAWIT HULUAGER