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Jun 24 , 2023

Trade Ministry's Price Floor Sparks Discord in Edible Oil Industry, Threatens Supply Stability

Trade Minister Gebremesqel Chala's imposition of a price floor on the exports of oilseed cakes has spurred a dispute with edible oil manufacturers, highlighting the delicate balance in the global agri...

Authorities Open Doors for KEFI's $390m Gold Mine Amid Sweeping Regulatory Changes

KEFI Gold & Copper Plc, the London-based mining and exploration company, has received the green light to open an offshore account as it edges closer to commencing its ambitious 390 million dollars...

Jun 24 , 2023

Commission Steers Joint-Employment Modalities for Civil Servants

Joint employment modalities permitting civil servants to work at two public offices simultaneously have been introduced in a new directive penned by officials at the Civil Service Commission. A min...

Jun 24 , 2023

Digital Classifieds Pioneer Qefira Shuts Down Under New Ownership

One of the early pioneers of online markets, Qefira shut down its website a month ago following the full consolidation of the holding company ROAM by the Swiss media giant Ringier on December 2022. ...

Jun 24 , 2023

Policy Looms Amid the Pursuit of Intra-Continental Trade Integration

A bill that subsidizes local producers and levies tariffs on imported goods that have domestic alternatives is put forth by the Ministry of Trade & Regional Integration (MoTRI). Officials hope to...

Jun 17 , 2023

ETHIOPIA'S LOOMING MEDICAL EXODUS

A wave of "medical brain drain" is taking a toll on Ethiopia's healthcare system, with the country ranking among the top five in Africa for doctor emigration. Despite Ethiopian physicians earning an a...

Jun 17 , 2023

Aviation Authority Pins Hope on Leonardo Deal to Rescue Aging Radar System

The Ethiopian Civil Aviation Authority (ECAA) entered a two million euro deal with the global aerospace giant Leonardo to secure spare parts and maintenance services for its ageing radar system. The d...

Supreme Court Shakes Corporate Landscape with Landmark Tax Ruling

In a landmark ruling that could reshape Ethiopia's business landscape, justices at the Federal Supreme Court Cassation Bench have passed a judgment on the taxability of retained earnings used to pay u...

Jun 17 , 2023

French Company Joins Ethiopian Firm to Fight Widespread Malnutrition

A family-owned company in the nutritional food industry has partnered with a French company in Bless-Agri Food Laboratory Services Plc, eying the fight against malnutrition in Ethiopia. Safir, an a...

Jun 17 , 2023

A Cultural Centre Wavers in the Balance of Urbanisation, Tradition

A cherished cultural establishment, famous for its traditional music and unique offerings of local spirits, is threatened with demolition to make way for hotel development. The potential for an imposi...

Jun 17 , 2023

Battle for Health or Wealth?

A revised draft regulation from the Ethiopian Food & Drug Administration Authority (EFDA) could see sweeping changes to the advertising practices of brewery companies in Ethiopia. The proposed reg...

Jun 17 , 2023

Imminent Reform Stirs Shareholders' Stance

A reform that excludes founding shareholders from additional revenues aside from their due dividends is underway, with a bill that governs the formation, management and dissolution of share companies...

Jun 17 , 2023

Ministry Attempts to Combat Contraband, Eliminates Controversial Mining Category 

A new bill that governs licensing of miners has removed a special small-scale mining classification that stood between artisanal and small -scale producers. The category allowed transferring licences...

Jun 10 , 2023

Land Acquisition Speculation Clouds Addis Abeba's Bid to Expand East Africa's Premier Convention Centre

At the northeast gate of Addis Abeba, near the bustling CMC roundabout, lies the Addis-Africa International Convention & Exhibition Centre (AAICEC), a pivotal establishment that carries hopes of b...

Jun 10 , 2023

Ambitious Budget Bet on Domestic Revenue Growth Amid Macro Instability

Finance Minister Ahmed Shide presented an ambitious budget for the 2023-24 fiscal year to Parliament last week. It is a gamble, say critics, following a year fraught with conflict, revenue shortfall,...

Jun 10 , 2023

Deposit Insurance Mandate Sparks Industry Debate, Faces Scrutiny

In a new regulatory move, commercial banks and microfinance institutions are set to pay insurance premiums to establish a safety net for their depositors. Should the proposed legislation be enacted, t...


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Exports Record Worth Having. They Worth More as a Beginning

A record is a strange thing to worry about. Federal trade officials have booked the best e...

Editorial | Aug 22 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

The tax bill that reached Ferdos Debebe this year left little room in the tight finances o...

Agenda | Aug 22 , 2026 . By ABDUREUF JUHAR and FITSUM TADESSE

Central Bank Writes Rulebooks for Billion-Birr Market Already Exists

The forthcoming strategy for interest-free finance will place Sharia-compliant financing o...

Fortune News | Aug 22 , 2026 . By BEZAWIT HULUAGER