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May 27 , 2023

Slaughtered Husbandry Sector Poised for Reform under New Policy

The absence of technological equipment to control the contraband trade near national borders and low-quality animal feed has cast a shadow on livestock export, undermining possible forex earnings whil...

May 27 , 2023

Tax Relief Bonanza Avails for Crumbling Industry Players

The excise tax imposed on digital products, including video cameras, is fully exempted, creaking hope for the crumbling players in the film industry. The tax proclamation imposed on the industry re...

May 27 , 2023

Ministry's Social Health Insurance Initiative Derailed by Fiscal Squeeze

The implementation of the Social Health Insurance (SHI) scheme, which was scheduled to begin next fiscal year, has been halted due to budget constraints. The scheme aimed to benefit public service...

May 27 , 2023

ESL's Slashing of Shipping Tariffs Signals Hope for Import Sector.

Business owners in the import-export sector are hopeful the price adjustment will be in their favour to turn things around as shipping rates show a significant drop, slashing the prices of Ethiopian S...

May 20 , 2023

PAINFUL TRADE-OFF

Amid rising inflation and economic uncertainty, Addis Abeba's private schools are contending with the difficult decision to hike tuition fees, even as parents struggle to afford them. Officials at the...

May 20 , 2023

Navigating Economic Woes Amid Soaring Inflation, Deficit and External Debt

In an attempt to manage an expanding budget deficit, Finance Minister Ahmed Shide proposed last week a series of fiscal policy prescriptions focused on domestic borrowing, targeted subsidies, and proj...

Addis Abeba Targets 9bn Br New Revenues in Bold Strategy

In an ambitious bid to boost municipal coffers, Addis Abeba City Revenues Bureau officials have outlined plans to collect up to nine billion from property tax in the forthcoming budget year, marking a...

May 20 , 2023

Bunna Bank Bucks Industry Trend with High-Growth Trajectory

Bunna Bank delivered robust performance on key financial parameters from its operation last year, including profitability, asset turnover, and financial leverage. Industry analysts see these figure...

May 20 , 2023

Cement Factories' Low Outputs Scrounge the Construction Sector

Cement factories have been producing below half their capacity, compelled by security concerns and limited input supplies, indicating a significant shortfall in the construction sector. The industr...

May 20 , 2023

Rarity of Benzene Spawns Locomotion Gap in Hawasa

The absence of benzene has reached its crescendo in Hawassa City, compelling officials at the city Trade & Market Development Bureau to alternate the days where drivers fill up their tanks based o...

May 13 , 2023

Ethiopia's Golden Crisis of Illicit Mining

Illicit mining activities, particularly those conducted by unlicensed foreign operators, have severely impacted Ethiopia's gold production, federal officials told members of Parliament (MPs). The repo...

Ministry Promises Manufacturers Market Share Increase Amidst Import Crisis

Local manufacturers plagued by foreign currency shortages held a panel discussion with government officials on product quality and market competitiveness.  The forex shortage has deterred importing i...

May 13 , 2023

Ermias Amelga in High-Risk Gambit to Resurrect Access Real Estate's Reputation

In a startling turn of events, Access Real Estate shareholders recently chose to reinstate Ermias Amelga, the controversial businessman and founding shareholder, to the company's board. This comes a d...

May 13 , 2023

Addis Abeba Contemplates Doubling Work Hours Amid Urban Sprawl

Under a new initiative considered by the Addis Abeba Public Services & Human Resource Development Bureau, civil servants working for the Addis Abeba City Administration may soon find themselves op...

May 13 , 2023

New Legislations Hope to Amend Agricultural Futile Policy

A contract farming regulation that sets up four types of agreements between contractor and producer was ratified by Parliamentarians last week, along with a wave of reforms to seed variety ownership a...

May 13 , 2023

The AGOA Aftermath Tail-off Industrial Parks Exports, Reversing Economic Gains

Export earnings from industrial parks have declined by close to one quarter from last year, with manufacturers leaving their premises unable to keep up with the cost. The exports, which amounted to...


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Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE