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Jun 15 , 2025

KEGNA BEER POURS INTO COMPETITIVE MARKET

Kegna Beverages on Saturday, June 14, 2025, uncorked its first bottles of Kegna Beer, a domestically owned, five percent ABV lager brewed in the West Shewa Zone of Oromia Regional State, marking what...

Jun 15 , 2025

Fed Unleashes Record Budget as Spending Priorities Draw Fire

The federal government presented legislators with a budget proposal for the fiscal year 2025/26, marking an unprecedented shift in the country's fiscal approach. The budget bill totals 1.93 trillio...

Jun 15 , 2025

Billions Unaccounted as Auditors Watch Recovery Rates Stall in Bureaucratic Quagmire

A three-year effort by the Audit Stakeholders Forum to restore fiscal discipline across federal institutions has yielded meagre returns. Despite broader coordination among oversight bodies, enforcemen...

Jul 19 , 2025

Environmental Authorities Turn to Water Fees as Ecological Strains Deepen

Environmental authorities have signalled a shift toward regulatory intervention, introducing a usage-based payment system for water drawn from natural reservoirs such as Lake Zway. The country's ec...

Jun 15 , 2025

Unilever Gains First-Mover Edge as Market Barriers Fall, Fears Rise

Unilever, the British-Dutch multinational, has become the first foreign company licensed to import finished goods directly into the country, following revisions to investment policies. Vaseline petrol...

Jun 7 , 2025

WEGAGEN GRAZES FRESH GREEN GROUND

Wegagen Capital Investment Bank, one of the first two standalone investment banks, launched operations on June 2, 2025, at the Hilton Addis Abeba Hotel. Chief Executive Officer Brutawit Dawit was join...

Jun 8 , 2025

Central Bank Moves to Erase Paper Bonds Betting on Digital Overhaul

Investors will soon find that physical paper certificates for government bonds and Central Bank securities are a relic of the past, replaced by electronic records stored securely online. The National...

Jun 8 , 2025

When Purpose Meets Penalties, the Taxman Strikes Back

In a fresh blow to the embattled Purpose Black S.C., the Ministry of Revenues has demanded over half a billion Birr in back taxes, penalties, and interest, intensifying the regulatory storm surroundin...

Jun 12 , 2025

Horizon Eyes Somali Region for Grand-Scale Agri Investment Push

Horizon Plantations Plc, a subsidiary of MIDROC Investment Group, is launching a major agricultural project in the Somali Regional State, aspiring to transform underutilised land into productive farml...

Jun 8 , 2025

Authorities Target Reckless Driving With Mandatory Retraining

In a marked departure from traditional deterrents, transport authorities are set to impose a compulsory rehabilitation program for drivers whose licenses are suspended due to serious traffic violation...

Jun 8 , 2025

Feds Push for Product Prestige While Global Market Profits Elude Local Producers

Federal authorities are pushing ahead with an ambitious plan to institutionalise Geographical Indications (GIs), a legal framework designed to link product quality and origin. Launched through a partn...

May 31 , 2025

Real Estate Developers Build a Lobby as Rules Tighten

Real-estate developers have formed a new lobbying group, the Ethiopian Real Estate Developers' Association, after years of working piecemeal while rules tightened and public scepticism grew. The new l...

Jun 20 , 2025

Government to Open Farm Advisory Market to Private Sector

A draft proclamation, endorsed by the Council of Ministers two weeks ago, will permit private entities to deliver agricultural extension services that were previously the sole responsibility of govern...

May 31 , 2025

Central Bank Orders Banks to Map Their Own Safety Net

Regulators at the National Bank of Ethiopia (NBE) have issued a notice to commercial banks, instructing them to develop a clear roadmap for staying afloat in the event of trouble and to do so promptly...

May 31 , 2025

Water Ministry Shifts Weed-Clearing Burden to Local Institutions

The Ministry of Water & Energy has announced plans to enlist institutions located near affected water bodies and assign them responsibility for reducing the invasive water hyacinth presence throug...

May 31 , 2025

Addis Abeba's EV Rollout Short-Circuits Due to Power Delays

Addis Abeba is racing to build a public charging network for electric cars estimated to reach 100,000, but the rollout has already hit a wall. The plugs are installed,but the power is not. The Traf...


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What's Next for Multilateralism?

Sunday with Eden | Oct 04,2025

Arrivals, Departures, and the Human Heart

Agenda |

Textbook Shortages Mount as School Year Advances

Editorial | Oct 04,2025

Central Bank Loosens Credit Reins But Stops Short of Bold Overhaul


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Central Bank Loosens Credit Reins But Stops Short of Bold Overhaul

Eyob Tekalegn (PhD) had been in the Governor's chair for only weeks when, on September 29...

Editorial | Oct 4 , 2025

TRADITION THRIVES AS COSTS CLIMB

As dawn broke over Addis Abeba last week, the city's arteries pulsed not with the usual we...

Featured | Oct 5 , 2025 . By REDIET YARED

Textbook Shortages Mount as School Year Advances

The school year in Addis Abeba began almost a month ago, yet across the capital, thousands...

Agenda |

Mesfin Rebrands to Overcome Wartime Shadow

In Meqelle, a name long associated with industrial grit and regional pride is undergoing a...

Fortune News | Oct 5 , 2025 . By NAHOM AYELE