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Jan 1 , 2023

Retailers on Edge over Cement Supply

Cement retail shops run short of supplies even though the regulatory burden imposed on the market was lifted last week, following months of complaints by manufacturers and end users. According to Tesh...

Jan 1 , 2023

No Covid no Jobs: Over 400 Health Practitioners Unemployed

Health practitioners that were at the forefront during the pandemic are dissatisfied with the after-treatment since their contractual agreement got terminated. About 436 medical employees of the Minis...

Jan 1 , 2023

Civil Society Organisations Roll in Businesses

Civil Society Organisations (CSOs) can establish a business entity or be part of existing ones unrelated to their objectives to generate income. CSOs were only allowed to participate in areas that exc...

Dec 24 , 2022

A TALE OF TWO LOGISTICS CORRIDORS

Ethiopia's vital trade corridors have dual stories to tell, securing the well-being of truck drivers. Thousands prefer to drive on the Dewale passage, trying what they can to avoid driving through Gal...

Dec 24 , 2022

Geda Special Economic Zone Commence Construction

Special Economic Zone that is half the size of Addis Abeba and six folds Adama town is under construction with over 46 billion Br budget. Oromia Regional State commenced Geda Special Economic Zone (GS...

Tour Operators Timid Over Taxation

Tour operators are dissatisfied with the draft by the Ministry of Finance that will not exempt them from paying Value Added Tax (VAT). They have been in uproars over what they believe is an “unfair...

Dec 25 , 2022

Norwegian Mining Company Strikes Gold

In the next two months, Norway-based boutique mining company Akobo Minerals will begin gold production south of the Akobo River, Gambela Regional State. The company has explored the gold project since...

Dec 24 , 2022

Parliament Pass Foreign FinTechs to Operate Payment Systems

Foreign companies can operate in the national payment systems as Parliamentarians voted to revise the law enacted for the past decade. The bill was passed to allow investment fees during involvement i...

Dec 24 , 2022

Amhara Regional State Partially Suspends Land Transfers

Property deed transfers in the rural areas of the Amhara Regional State are suspended after the Land Bureau banned property transactions indefinitely in the outskirt of regional cities, effective Dece...

Dec 17 , 2022

Knee-jerk Loss!

Adanech Abiebie's mayorship of Addis Abeba over the last year is marred by news about the partial or complete hiatus on land-related services, all too familiar to residents of Addis Abeba. In July thi...

Dec 17 , 2022

Salt Processing Foresees Restriction to Mining Regions

The production and distribution of salt will undergo a radical overhaul following a study that revealed a poor market chain. A bill has been drafted following the study conducted under Eyasu Simon...

Dec 21 , 2022

Mayor Pushes Banks to Enter Real Estate Development Despite Limiting Laws

Mayor Adanech Abiebie is contemplating inking a deal with private commercial banks to build real-estate projects through public-private partnerships with hopes of addressing the chronic housing demand...

Dec 17 , 2022

Public Service Offices Foresee Performance Redesign

Public office structures in the capital foresee performance redesigns with hopes of improving the quality of service and increasing customer satisfaction while reducing waiting time. Under the Addis A...

Dec 17 , 2022

Ministry Retracts Permit Mandate from Regional Trade Bureaus

Exporters, transporters and trading companies are required to apply for export permits from the Ministry of Trade & Regional Integration (MoTRI), retracting the mandate from regional trade bureaus...

Dec 17 , 2022

UN Expert Urges for Prudent Capital Account Opening

Prudent management of capital accounts while opening arms to foreign direct investment was advised at the annual conference on development held last week at the Hyatt Regency Hotel on Africa Avenue. T...

Dec 17 , 2022

Abyssinia Consolidates Market Position as Second Largest Private Bank

Bekalu Zeleke, president of the Bank of Abyssinia, and his executive team have a lot to smile about after seeing a vigorous operational year that led the Bank to consolidate its position in the indust...


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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