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Oct 16 , 2025

Ethio telecom Aspires to Transform Office Experience

Adopting a new strategy based on cloud services for digital inclusion, connectivity and affordable cost, Ethio telecom has launched a whole set of smart devices branded Znexus, marking its entry into the device market. In the words of one of its senior executives, Ethio telecom's offer is beyond...

Oct 16 , 2025

Ethio telecom Unveils znexus

Ethio Telecom has launched a comprehensive suite of products and services at the Sheraton Addis today, which is referred to as "znexus". This package includes a storage device, laptop and tablet. The company's CEO, Frehiwot Tamiru, has described this as a new strategy with affordable cost and access...


Oct 14 , 2025

PM Abiy Appoints Chief of Staff First Nuclear Energy Commissioner

Sandokan Debebe, a chief of staff to the Prime Minister, has been appointed as commissioner of the Ethiopian Nuclear Energy Commission. A doctoral candidate at Addis Abeba University, Sandokan holds two postgraduate degrees in food science and human nutrition and business administration. He previously served as CEO of the Industrial Parks Development Corporation (IPDC), director of the Ethiopian Intellectual Property Office, and head of the Science & Technology Information Centre. He has also been a board member at Ethio telecom and a lecturer at the Addis Abeba Science & Technology I...


Oct 14 , 2025

New Guard at the Helm as Former Advisor Ascends to State Minister for Finance

The Ministry of Finance has got a new State Minister, officially appointed two weeks ago, following the elevation of Eyob Tekalign (PhD), to the governorship of the National Bank of Ethiopia (NBE). Fikadu Horeta, who quietly began work at the Ministry three months prior, received his formal appointment letter on September 16, 2025, according to sources within the Ministry who requested anonymity. His confirmation formalises his role at a critical juncture for the Finance Ministry, which remains central to the country's fiscal stabilisation efforts and protracted debt restructuring negotiati...

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Oct 8 , 2025

Transport Ministry Launches License Replacement Drive with Two Million Plates

Alemu Sime (PhD), minister of Transport & Logistics, announced today, October 8, 2025, plans to replace all vehicle license plates across the country within the next year. "The new system will...

Oct 7 , 2025

Wegagen Bank Reports Record 3.85B Br Profit, Cites Sector Reforms, Strong Lending Growth

Wegagen Bank has posted a record profit before tax of 3.85 billion Br for the 2024/25 fiscal year, marking a 73pc jump from the previous year. The results, driven by strong lending income, a divers...

Oct 6 , 2025

President Taye Prioritises Sea Access, National Security, Institutional Reforms in Joint Legislative Address

President Taye Atskeselassie outlined Ethiopia's national security and foreign policy priorities in his address to the joint session of Parliament and the House of Federation today, stating renewed ef...

Oct 1 , 2025

Authority Grants Licenses to Three Capital Market Service Providers

The Ethiopian Capital Market Authority (ECMA) has authorised three new firms, expanding the total number of licensed service providers to 11. First Addis Investment Bank S.C. has been approved to fun...

Oct 1 , 2025

Abyssinia Bank to Issue Five Million Shares, Eyes 20 Billion Br Capital

Shareholders of the Bank of Abyssinia have approved a five million ordinary shares offer to the market, which will lift the Bank's paid-up capital to 20 billion Br. The shares will be sold at a pre...

Sep 30 , 2025

Addis Bank Posts Record Growth, Eyes Paid-Up Capital Milestone

Addis Bank closed the financial year ending June 30, 2025, with record results across all major indicators, setting the stage to meet the National Bank of Ethiopia's (NBE) minimum capital requirement...

Sep 30 , 2025

Wegagen Capital Sets Sights on a Billion Birr Capital in Debut Assembly

Wegagen Capital Investment Bank plans to boost paid-up capital to one billion Birr, up from the current 385 million Br. The Bank, which began operations three months ago, reported total assets of ...

Sep 19 , 2025

Eyob Tekalegn Becomes Central Bank Governor

Prime Minister Abiy Ahmed (PhD) has nominated Eyob Tekalegn (PhD), state minister for Finance, as the new governor of the National Bank of Ethiopia (NBE). Eyob brings more than two decades of exper...


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The Human Flight a Failure of Political Imagination, Not a Mere Economic Policy

Ladislas Farago, a roving Associated Press (AP) correspondent, arrived in Ethiopia in 193...

Editorial | Oct 11 , 2025

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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

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Tomato prices in Addis Abeba have surged to unprecedented levels, with retail stands charg...

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TOMATOES TASTE OF INFLATION

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