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Mar 12 , 2022

Ministry Looks Outward to Overhaul 'Underachieving' Enterprises

The Ministry of Finance is to hire a consultant to carry out a strategic assessment on three state-owned enterprises (SOEs) its officials believe are "underperforming". It is part of a project designe...

Mar 12 , 2022

Banks Struggle to Complete Depositors' Data as Regulators Grant Deadline Extension

Commercial banks are struggling to complete a mandatory requirement of the central bank to know their clients as the latter granted them breathing room extending the initial deadline set for last mont...

Mar 12 , 2022

Nib Insurance Execs Aspire to Address Industry Disparities with Edir Scheme

Nib Insurance executives have introduced a group life insurance plan offering affordable coverage to members of an edir, a traditional voluntary association where members pool funds to cover funeral c...

Mar 12 , 2022

Suspend Digital Remittance Platform: Central Bank Tells Abyssinia

Regulators at the National Bank of Ethiopia (NBE) have ordered digital remittance platforms working with the Bank of Abyssinia (BoA) cease operations. Earlier this month, a letter compelled the Bank t...

Trade Bureau Turns to Digital as Basic Commodity Market Faces Widespread Disruption

The Addis Abeba Trade Bureau is piloting a digital tracking system to tighten surveillance over the distribution of essential commodities whose prices are subsidised by the state. Steered in two we...

Mar 5 , 2022

EXPORTERS' MUTED COMPUNCTIONS!

Exporters have been barreling through from obstacle to disaster over the past decade, not unlike most other sectors. Things have only gotten worse over the last two years, starting from the economic i...

Mar 5 , 2022

Safaricom to Launch Video, MMS Pending Deal with Ethio telecom

Safaricom Ethiopia Plc is testing video calls and multimedia messaging services (MMS) ahead of its commercial launch next month. One of the features lined up, MMS, is an extension of a short messag...

Mar 5 , 2022

Govt Fails in Forex Allocation to Palm Oil Imports as Global Prices Surge

An exorbitant rise in international prices for crude palm oil threatens to undermine the already low production by domestic edible oil plants. The federal government earmarked 400 million dollars t...

Mar 5 , 2022

Heritage Inscription Woes Exasperate Floundering Tourism Industry

Ethiopian officials want to see over a dozen heritage practices and sites inscribed by the United Nations Educational, Scientific & Cultural Organisation (UNESCO) after a submission to have a girl...

Mar 5 , 2022

Textile Factories Reel from Failed Cotton Procurement Attempts

Attempts by federal officials to buy raw materials for garment and textile factories have gone awry for the second time in a week. The volume of yarn and thread the Enterprise is attempting to proc...

Mar 5 , 2022

New Directive Feared to Cause Audit Syndicate

Close to two-thirds of audit teams hired by commercial banks must hold credentials from the Association of Chartered Certified Accountants (ACCA), a directive in the making by regulatory authorities p...

Mar 5 , 2022

Change Name: National Bank Tells Bank Aspirant Addis Microfinance

Addis Credit & Saving Institution (ACSI) has faced a hiccup in its plans to re-establish itself as a commercial bank after regulators at the national bank instructed them to change the proposed mo...

City Land Management Employees Must Be Reinstated: Judges Rule

Federal High Court judges have ordered the Addis Abeba City Administration to reinstate hundreds of employees to their former positions in the city's land management offices, thereby ruling a recently...

Feb 26 , 2022

TIME FOR ANSWERS!

For the first time since Prime Minister Abiy Ahmed (PhD) was sworn in for a five-year term in office, he was back in Parliament early last week to answer questions from MPs. The period in between had...

Feb 26 , 2022

Sesame Second Cash Crop to Receive ECX's Special Attention

The Ethiopian Commodity Exchange (ECX) is introducing a special trading window for sesame to ease supply shortages facing exporters of the oilseed. To open in the coming days, the window will trade on...

Feb 26 , 2022

Tax Burden Pushes Liquor Bottlers Over the Edge

Liquor bottlers continue to face declining sales and dwindling volume due to a high excise tax rate, a survey submitted to the Ministry of Finance revealed. Experts at the Ethiopian Food, Beverages...


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Commentaries | Aug 22,2026

Exports Need One Owner, Not a Dozen

Life Matters | Aug 22,2026

Hyper-Connected. Rarely Together

My Opinion | Aug 22,2026

Telebirr Builds the Infrastructure. CBE Drives the Traffic

Sunday with Eden | Aug 22,2026

Get Good First, Let the Passion Follow

Agenda | Aug 22,2026

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

Editorial | Aug 22,2026

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