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Apr 3 , 2023

Energy Ministers Converge to Light Up Public Private Schemes Despite Dismal Records

Private sector investment in electricity infrastructure development despite the 80pc failing history of Public Private Partnership infrastructure projects in Africa was discussed last week as Energy M...

Apr 3 , 2023

Logistic Shores Hit by Wave of Appointments

Last week saw a pair of new appointments at Ethiopian Shipping & Logistics and Ethiopian Maritime Authority take place. Roba Megerssa served as the CEO of the state-owned Ethiopian Shipping &am...

Apr 3 , 2023

Ministry Ushers 26m Br Solar Irrigation Project

Small-holder farmers residing in Amhara, Oromia, Sidama, and Southern regional states foresee solar power water pumps installation as Siram Trading Plc, moves inches closer to winning the contract. ...

Apr 3 , 2023

Ministry Rolls Out Higher Educators Appointment Modality

A bill that requires the appointment of presidents through an internationally open competition after proving non-allegiance to political organizations was approved by Parliament last week. It also ush...

Apr 3 , 2023

Oromia Coop Challenges Banking Titans with Stellar Performance

Oromia Coop Bank (Oromia Coop) has enjoyed significant growth in key financial metrics during 2021/22. However, despite a lower total asset turnover, the Bank's higher profit margin and reliance on de...

Apr 3 , 2023

Manufacturers React to the Excise Tax Reform

The excise tax levied on pure alcohol has substantially decreased by six folds in a recently proposed excise tax amendment proclamation. It entails that the 60pc tax is reduced to 10pc. The excise...

Apr 3 , 2023

NOMADIC URBANITES

The City Administration extended the ban on the increase of housing rent imposed during the pandemic for another three months. With monthly inflation rate averaging around 33pc, it does little to soot...

Mar 25 , 2023

Association Requests Central Bank to Loosen Grip

Bankers propose the National Bank of Ethiopia (NBE) mitigate its regulations and assist in providing loans to their assets that sustained losses during the war in Tigray Regional State. The 22 comm...

Mar 25 , 2023

Debt Vulnerability Looms as IMF Representatives Land in Addis Abeba

As Ethiopia grapples with its escalating external debt, the arrival of an International Monetary Fund (IMF) team in Addis Abeba earlier this week marks a crucial step toward negotiating a potential de...

Insurance Industry Pledges 75m Br Amid Misgivings Over Shareholders` Rights

The Ethiopian insurance industry has pledged to donate 75 million Br to support a series of state development projects, including the “Gebeta Le'hager” initiative. This move comes as a response...

Mar 25 , 2023

Post-war Demobilization, Reintegration Cost Ethiopia 29.7b Br

As Ethiopia emerges from one of the deadliest conflicts in recent history, the country faces the formidable challenge of demobilizing and reintegrating a quarter of a million former combatants at the...

Mar 25 , 2023

Contractors Call for International Bid Threshold Adjustment

Local contractors plea for the international bid price threshold to be raised as the conversion rate has made it easier for foreign-based companies to outperform. The proposed entry is to be set up...

Mar 25 , 2023

Chinese Footwear Behemoth Returns to Ethiopia, Raising Labor Rights Concerns

Huajian Dongguan Hua Bao Shoes Co., a leading global producer of women's footwear, is set to restart its operations in Ethiopia after a two-year hiatus. The company, which manufactures nearly 20 mi...

Mar 25 , 2023

Lion Bank Faces Uphill Battle to Compete with Industry Peers

Lion International Bank (LIB) has exhibited promising growth in recent years but lags behind its peers in key financial indicators. The past two years have been daunting for the executives of the s...

Mar 25 , 2023

Coffee Authority Avails Regional Quality Inspection Centers

Coffee producers, exporters and processors are in a dilemma as the Ethiopian Coffee & Tea Authority readies new quality inspection and certification centres built in Jimma and Hawassa cities to be...

Mar 18 , 2023

Quenching Addis Abeba's Thirst

Residents in the capital are all too familiar with the rationing of running water supply as the 0.48 million cubic meters of water pumped out by the Authority fails to meet even half of the capital's...


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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