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Dec 6 , 2025

Costly Soil Rehabilitation Falls Behind as Acidity Spreads in Sidama

More than 62pc of Sidama's 153,000ha farmland has become too acidic for optimal production, with roughly 95,000ha already dragging down yields. Regional officials say rehabilitation efforts are constr...

Dec 6 , 2025

Betting Operators Banned for Alleged Embezzlement of Billions

The Ethiopian Lottery Service has banned 22 sports betting operators, effective Thursday, the authority announced last week on its social media platforms. The move followed a report from the Nation...

Nov 29 , 2025

New Directive Pushes Mandatory Safety Seats for Children

The Road Safety & Insurance Fund Service has issued a draft directive proposing compulsory child-extension belts and age-specific restraint systems in vehicles to improve passenger safety for infa...

Nov 29 , 2025

Council Greenlights Global Funding for National Energy, Skills Programs

Council of Ministers approved over 314 million Special Drawing Rights (SDR) in new financing from the International Development Association (IDA) during its 50th regular session. The funds target clea...

Nov 29 , 2025

ETSwitch Signs Strategy Deal to Upgrade Payment Infrastructure

ETSwitch has inked an agreement with global consultancy Genesis Analytics to chart a 15-year roadmap, supported by a detailed five-year strategic plan. Executives disclosed that the engagement follows...

Nov 29 , 2025

Amhara Bank Posts Significant Profit, Revenue Growth

Amhara Bank has exited its loss position, posting a profit before tax of 655 million Br, an increase of 85 pc, or 301 million Br, compared with the previous fiscal year. The result was announced at th...

Nov 29 , 2025

ArifPay Launches Digital Switch for Microfinance Institutions

ArifPay Financial Technologies has rolled out two products designed to plug the country's Microfinance Institutions (MFI) into the digital ecosystem, marking a shift from cash-driven operations. The a...

Nov 29 , 2025

New Passport & ID Factory Nears Completion

Ethiopia's high-security passport and ID card plant at Bole Lemi II Industrial Park is entering its final construction stage, with completion set for early 2026, according to TOPPAN Security Ethiopia...

Nov 29 , 2025

Siket Bank Records Slight Decline in Profit

Siket Bank has reported a net profit after tax of 1.24 billion Br for the 2024/25 fiscal year, down from approximately 1.6 billion Br in the previous year. The announcement came during the bank's 3rd...

Nov 29 , 2025

Ethiopia Sets Up New Association to Elevate Specialty Coffee Worldwide

A new industry body, the Specialty Coffee Association of Ethiopia (SCAE), has been established to promote Ethiopian specialty coffee on the world stage, strengthen quality and traceability standards,...

Nov 25 , 2025

Safaricom Ethiopia Names Ermias Eshetu Advisory Board Chair

Safaricom Telecommunications Ethiopia P.L.C has named Ermias Eshetu, former CEO of Ethiopian Commodities Exchange(ECX), as the new Chair of its Advisory Board, with the appointment taking effect on 1...

Nov 22 , 2025

Ethiopian Airlines Leases New Turboprop Aircraft to Air Congo

Ethiopian Airlines has leased two new ATR 72-600 turboprops to Air Congo, the Democratic Republic of Congo's flag carrier, in which it holds a 49pc stake. The aircraft, equipped with the latest engine...

Nov 22 , 2025

Ahadu Lifts Profit, Deposits While Capital Gap Persists

Ahadu Bank has raised its paid-up capital to 1.13 billion Br, up from one billion Br last year, though it remains far short of the five-billion-birr threshold the National Bank of Ethiopia (NBE) has s...

Nov 22 , 2025

African CDC Secures Major Pandemic Funding for Health Preparedness

The Africa Centres for Disease Control & Prevention (CDC) welcomed the Pandemic Fund's approval of half a billion dollars during its Third Call for Proposals, with Africa set to receive nearly hal...

Nov 22 , 2025

Awash Bank Launches New Salary Loan Service

Awash Bank has launched an Employees' Salary Loan through its “Tila” application, now integrated with the Telebirr platform, targeting workers in both private and government institutions whose sal...

Nov 22 , 2025

Customs Seize Contraband Worth Hundreds of Millions

The Ethiopian Customs Commission seized contraband worth over 375.6 million Br during a week-long operation from 5 to 12 November 2025. The haul included 350.2 million Br in illegal imports and 25.4 m...


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T-Bills Trap Begins in the Federal Government's Own Budget

The federal budget tells a troubling story about inflation, debt and reform. The problem i...

Editorial | May 16 , 2026

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "S...

Featured | May 17 , 2026 . By HELINA HADGU

Quiet Campaigns Speak Loudly

Genene Gedebu reached Kucha after the campaign season for the upcoming national elections...

Agenda | May 17 , 2026 . By NAHOM AYELE

Tax Bill Tests the Line Between Compliance, Fairness

A revised tax administration law could bar taxpayers from submitting new evidence during c...

Fortune News | May 17 , 2026 . By NAHOM AYELE