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Mar 26 , 2022

Judicial Authorities Pin Hope on Autonomy from Civil Service to Attract, Retain Staff

Administrators of the federal courts are awaiting legislative approval to unfasten administrative and non-judicial staff from the civil service structure. Judicial officials say the move is necessary...

Mar 26 , 2022

Central Bank Relaxes Freight Payment Rules as Banks Grapple with Forex Crunch

The central bank has issued permission to private commercial banks to settle half of the shipping costs in foreign currency as accumulated freight payment receivables surpassed 150 million dollars. ...

Mar 26 , 2022

Trade Ministry to Mandate Digital Registration, Seeks Help from Internet Cafes

Officials of the Ministry of Trade & Regional Integration (MTRI) plan to fully digitise business registration and licensing services beginning July this year, although the Ministry has provided on...

Mar 26 , 2022

Companies Ink Rental Deals with Wingu.Africa Data Centre

Wingu.Africa, an international data centre developer, has signed lease agreements with five companies in the banking and ICT industries for space at its data centre in the Ethio ICT Park in the outski...

Mar 19 , 2022

INFERTILE GROUNDS!

There does not seem to be a shortage of salts added to the wounds inflicted on Ethiopia's economy, from COVID-19 to civil war. The latest comes directly from the country's breadbasket in the form of e...

Export or Face Confiscation: Ministry Warns Exporters

The Ministry of Trade & Regional Integration has issued a stern warning to exporters to immediately ship tens of thousands of tonnes of cash crops its officials say have been found stored with the...

Mar 19 , 2022

Safaricom Ethiopia Orders Three Million SIM Cards

Safaricom Ethiopia Plc has placed an order to buy the first batch of three million subscriber identity module (SIM) cards ahead of its commercial debut scheduled for next month, disclosed Pedro Rabaca...

Mar 19 , 2022

Siinqee Bank Inches Closer to Industry Debut

Siinqee Bank moves one step closer to joining the banking industry with the appointment of Neway Megerssa as its founding president. Regulators at the central bank approved the nomination last week. ...

Mar 19 , 2022

Macroeconomic Committee Shrugs Oilseed Imports Off

The Macroeconomic Committee has put on hold a proposal forwarded by officials of the ministries of Trade and Industry to import oilseeds for use by medium-sized edible oil plants. The development c...

Mar 19 , 2022

Girum Tsegaye to Lead Berhan Bank's Recuperation

Berhan Bank has become the third in the industry to make a change of guard this year following the central bank's approval of Girum Tsegaye's nomination last month. Girum, 50, will serve as the Ban...

Mar 19 , 2022

Authority Sounds Alarm Over Private Higher Learning Accreditation

More than a third of the country's private higher education institutions are red-flagged by the Education & Training Authority for failure to renew accreditation. Officials say around 120 priva...

Mar 19 , 2022

Ethiopia Presses World Bank for Fund to Compensate Mojdo-Hawassa Expressway Impacted Farmers

The federal government has asked the World Bank for 109 million Br in loans to compensate properties affected by constructing the Modjo-Hawassa expressway road. Divided into four segments, the 202...

Mar 19 , 2022

Spanish Consultancy Bags 100m Br Job to Supervise Modjo Dry Port Expansion

The Ethiopian Maritime Authority has hired a Spanish consultancy firm to supervise the expansion project at the country's largest dry port facility for a whopping 100 million Br. The Modjo dry port...

Mar 12 , 2022

"PREVAILING" CONGRESS IN TIMES OF "ADVERSITY"

Seated between bigwigs of the ruling Prosperity Party (PP) and regional presidents such as Adem Farah (left-centre), Yilikal Kefale (PhD) (right-centre) and Ristu Yirda (right), Prime Minister Abiy Ah...

Mar 12 , 2022

World Bank Nods to Additional Financing, Protracted Agri Program Resumes

The federal government has resumed an agricultural development programme in limbo for two years after securing additional financing from the World Bank. Kicked off in 2015 with a projected cost of...

Mar 23 , 2022

Gov't Targets Agrochemical Market Shake-Up, Importers Incensed

Foreign agrochemical manufacturers accessing the Ethiopian market through local agents must designate permanent representatives, demands a new rule the Ministry of Agriculture will soon introduce. ...


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Exports Record Worth Having. They Worth More as a Beginning


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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