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Jul 17 , 2022

AHADU TO THE LABOUR SCRAMBLE

Central bank governor Yinager Dessie (PhD) (centre) shares a lighthearted moment with the founding management team of Ahadu Bank S.C., the latest addition to the banking industry. Mekonnen Semu (left...

Jul 17 , 2022

Minister Gebremeskel Backtracks Decision to Double Somalia Khat Export Threshold

Gebremeskel Chala, minister of Trade & Regional Integration (MoTRI), has rescinded a decision to double the minimum price threshold for khat exported to Somalia to 10 dollars a kilo. Last week, he...

Tax Authorities Set Sights on E-Commerce as Revenues Dwindle

Legal experts drawn from federal agencies, including the ministries of Finance and Revenues, are drafting legislation to tax transactions made on e-commerce platforms. The bill's authors contemplat...

Jul 17 , 2022

Public-Private Scheme Eyes Health Sector after Energy Projects Stumble

Tilahun Tadesse, in charge of the federal public-private partnership (PPP) initiative, is preparing to expand the investment scheme to the health sector. Two weeks ago, he called for an expression of...

Jul 17 , 2022

Fuel, Maintenance Costs Spoil City Support Bus Lease Agreement

Cross-country buses providing public transport services in Addis Abeba have stopped operations despite the City Administration renewing contracts with the owners. Nearly 560 buses operating under ...

Jul 17 , 2022

Fed Requests Deadline Extension for Batu-Arsi Negele Expressway, Again

Habtamu Tegegne, director-general of the Ethiopian Roads Administration, has requested the World Bank for a 15-month extension to complete a section of the Modjo-Hawassa Expressway connecting Batu (Zi...

Jul 17 , 2022

Addis Abeba Households Face Relocation Paving Way for Un-designed Riverside Project

Hundreds of homesteads in three districts along Addis Abeba's Banteyiketu River face demolitions to make way for a beautification project that has yet to be designed. City authorities have thus far...

Jul 17 , 2022

Baby Formula Importers Latest to Receive Tax Exemption

Federal authorities have granted infant formula importers exemptions from value-added tax (VAT) to offset the rising prices for baby formula on the consumer. Officials hope the exemption improves affo...

Jul 14 , 2022

DEVELOPING STORY :Judge Grants Police Two-Week Custody of Commissioner Mitiku, Son

A judge at the Federal First Instance High Court has granted federal investigators 14-day custody of Mitiku Kassa, head of the National Disaster Risk Management Commission. Mitiku and his son, Eyas...

Jul 9 , 2022

COMMUTE TO ORDEAL

Like the vehicles snaking hundreds of metres from gas stations, commuters have been through their own ordeal. Getting to taxi stations early, especially in areas farther from the city centres, is no l...

Jul 9 , 2022

City Admin Grants Large Plots to Prospective Developers

Fifty-nine prospective developers in Addis Abeba have received plots from the city administration to invest in manufacturing, finance, hospitality, and real estate industries. A month ago, the City...

Hawassa Park Layoffs Intensify Following PVH Departure, AGOA Debarment

Uncertainty continues to loom over hundreds of employees in Hawassa Industrial Park as three international firms leasing sheds move forward with plans to slim their workforce. Last week, Sumbiri He...

Jul 9 , 2022

Indian, Local Firms Near Soil Map Completion

With the completion of the national soil database, Mandefro Nigussie (PhD), chief executive officer (CEO) of the Agricultural Transformation Institute, has taken the final phase of the Ethiopian Soil...

Jul 9 , 2022

Amhara Regional State Extends Tax Waivers to Small Businesses

The taxman in the Amhara Regional State has granted waivers to tens of thousands of small businesses affected by the civil war in the north resulting in deaths, displacements, and damaged public infra...

Jul 9 , 2022

Medical Professionals See COVID-19 Contract Renewals as Cases Surge, Funding Pours In

Minister of Health Lia Tadesse (MD) has reversed her decision to terminate the contracts of thousands of medical professionals who joined the fight against the COVID-19 pandemic as the country's healt...

Jul 9 , 2022

Ahadu Bank's Founding President Bullish about Prospect Despite Economic Headwind Ahead

Ahadu Bank's founding President, Eshetu Fantaye, is bullish about the Bank's prospects despite cutthroat competition for equity and deposit in times of economic hardship. He wants to see Ahadu's br...


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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