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Nov 5 , 2022

Oromia Taxes Coffee Exporters

Coffee exporters collecting their beans from farms in the Oromia Regional State are subjected to a new tax imposed by municipalities and weredas in the region. Experts from the Oromia Revenues Bure...

Trade Ministry Reclaims Cement Supply Approval Mandate

The mandate to approve cement supplies to public construction projects moved last week to the Ministry of Trade & Regional Integration (MoTRI). Registrations to buy cement and approvals for sal...

Nov 5 , 2022

City Begins Issuing Blueprints to "Kebele-Owned" Houses

City authorities requested district offices to submit reports aiming to legalise homes occupied by low-income residents and fight against what they see as illicit transactions through third parties. ...

Nov 5 , 2022

Indian Tech Companies Eye NICE CORE Solution

The National Insurance Company of Ethiopia (NICE) has its executives determined to acquire CORE insurance solutions, a quarter of a century after it was incorporated in the mid-1990s. The insurance...

Nov 5 , 2022

Emergency Centre Underway Amid Unfinished Projects

An emergency centre with a three billion Birr fund secured from the federal government is planned to erect in the Lebu area, on Addis Abeba's outskirts. The centre is designed to be the first speciali...

Nov 5 , 2022

Ethio-Kenya Electric Highway Suffer Theft, Vandalism

Equipment theft in the Southern regional state frustrates workers extending electric lines to neighbouring Kenya, undermining Ethiopia's ambition to generate foreign currency from electricity. Ethi...

Oct 30 , 2022

DASHEN BANK CLIMBS PROFIT HEIGHTS

Dashen Bank has climbed further heights registering impressive profit growth from its operation last year. In the words of Dulla Mekonnen, chairperson of the board, no extraordinary challenges deter t...

Oct 30 , 2022

DBE's Yohannes Urge Insurance Firms Meet Bond Deadline

The insurance industry has a month to advance part of its net income registered in the last fiscal year to buy bonds from the state-owned policy bank. These bonds are projects to bring the Development...

Oct 30 , 2022

City Backs Down on "Land" Transactions

The ban imposed to conduct transactions with "land" transactions was altered last week, showing officials of the Addis Abeba City Administration backing down from their earlier position. The city a...

Oct 30 , 2022

Commercial Banks Apprehensive About New T-Bond Investment

Banks are on edge about a central bank directive in the making demanding them to invest in treasury bonds with long-term maturities. Regulators at the National Bank of Ethiopia (NBE) have drafted a...

Oct 30 , 2022

Drug Inspection Authority Reinforces Compliance to Side Effects

A federal agency began enforcing strict measures on the quality and safety of drugs available to the public, ensuring early detection of risks caused by adverse reactions. Two medicines - whose types...

Oct 30 , 2022

Dukem Aspires for New Master Plan Amid Officials Squabbling

Municipal authorities of Dukem, 35Km east of the capital, are mulling over selecting consulting firms to design a master plan and develop feasibility studies to fend off recurrent floods threatening t...

Oct 30 , 2022

Ethiopia Probes Renewable Energy as World Enters Energy Crisis

The energy crisis has now become global, according to the International Energy Agency (IEA). “This represents the first truly global energy crisis in the market,” said Fatih Birol, executive di...

Oct 22 , 2022

HOPE OR HYPE?

Ethiopian authorities pledge to see the country not only become self-sufficient in wheat production. They believe the prospect of becoming a net exporter next year is within reach. Their field visits...

Oct 22 , 2022

ECX to Add Wheat to Trading floor

Executives of the Ethiopian Commodity Exchange (ECX) are adding Wheat to the exchange floor following the federal authorities' decision to lift bans imposed on wheat exports. This marks the second...

With Tech Companies Growing Storage Demand Intensifies

The expansion of digital technologies, fintech and payment platforms has intensified as the demand for data centres is growing fast. The trend has prompted companies such as Wingu.Africa, an intern...


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Ideally, citizens who have paid income tax all year should not have to reach for their wal...

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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

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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...

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