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May 11 , 2025

Contraband Goods Worth 266 Million Br Seised

The Customs Commission seized 266 million Br worth of smuggled goods across various branch offices last week, with 247.2 million Br from imported goods and 18.8 million Br from attempted exports. A...

May 11 , 2025

Safaricom Introduces Cashless Fuel Payments with M-PESA

Safaricom has introduced a new digital payment service, allowing customers to pay for fuel using M-PESA. The "Pay for Fuel with M-PESA" service was officially launched on May 7, 2025, at the Bole Tota...

May 6 , 2025

Parliament Reviews Bill Allowing Foreign Property Ownership

A draft proclamation that would allow foreigners to own or occupy immovable property in Ethiopia has been submitted to parliament by the Council of Ministers. Designed to attract foreign investment, t...

May 3 , 2025

Speeding in the Spotlight as New Safety Drive Begins

The Road Safety and Insurance Fund Service has stated that drivers are responsible for 68 percent of traffic accidents in Ethiopia, with the remainder mainly caused by pedestrians and road conditions...

May 3 , 2025

Askari Metals Secures Five Gold Licenses in Untapped Adola Belt

Askari Metals has acquired 100pc of Rift Valley Metals, gaining five gold exploration licences covering 460sqkm in Ethiopia's Adola Greenstone Belt, part of the southern Arabian-Nubian Shield, a miner...

May 3 , 2025

COMFWB Trade Fair to Spotlight Gender-Inclusive Investment

The 6th COMESA Federation of Women in Business (COMFWB) Regional Trade Fair, Business Conference, and Gala Dinner will be held from May 7–9, 2025, in Addis Abeba, as part of COMESA Week. Organised b...

May 3 , 2025

Yango Signs Deal to Help Drivers Own Electric Vehicles

Yango Ethiopia has signed a Memorandum of Understanding (MoU) with Amigos Saving & Credit Cooperative Society to support its partner drivers in purchasing electric vehicles (EVs). The agreement wa...

May 3 , 2025

AfDB Signs 40M Dollar Trade Finance Deal

Dashen Bank and the African Development Bank (AfDB) signed a 40 million dollar Trade Finance Guarantee Facility Agreement on March 30, 2025, at Dashen's headquarters in Addis Abeba. The deal, the firs...

May 4 , 2025

Parliament Passes Animal Health and Welfare Law :Tougher Penalties

Parliament has unanimously approved the Animal Health and Welfare Proclamation (No. 1376/2017) during its 27th regular session on Tuesday. The law introduces stricter penalties for offences including...

May 4 , 2025

City Council Unanimously Approves 11.5B Br Budget Increase

The Addis Abeba City Council has unanimously approved an additional budget of over 11.5 billion Br to support ongoing development projects across the capital. The decision was made during the Council...

Apr 27 , 2025

Ethiopias Capital Market Sets Sights on Talent Strategy

A new strategy to strengthen the human capital foundation of Ethiopia's emerging capital market is taking shape. Led by FSD Ethiopia in partnership with iCapital Africa Institute and the Nairobi Secur...

Apr 27 , 2025

National Bank Upgrades Core Financial System to Global Standard

The National Bank of Ethiopia (NBE) has officially upgraded the Ethiopian Automated Transfer System (EATS), the country's Real-Time Gross Settlement (RTGS) platform, to align with the ISO 20022 messag...

Apr 27 , 2025

Spice Supply Hits 41,000tns in Nine Months

The South West Ethiopia Coffee, Tea, and Spices Authority has announced that over 41,000tns of spices were supplied to the central market in the first nine months of the current fiscal year, reflectin...

Apr 27 , 2025

Ethiopian Aviation Forum 2025: A New Era for African Aviation

The Ethiopian Aviation Forum 2025, organised by Norman Aerospace in partnership with GFOX Aviation, successfully convened over two days, drawing aviation leaders from Africa and around the world. The...

Apr 27 , 2025

Over 1.6B Dollars Saved Through Shift to Locally Made Income Products

Ethiopia has saved over 1.6 billion dollars in the fiscal year by replacing imported income-generating products with local alternatives, while small and medium enterprises (SMEs) earned 54.5 million d...

Apr 27 , 2025

Ministry Blames Road Delays on 400pc Cost Surge

The Ministry of Urban Development and Infrastructure says road construction targets have fallen short due to a 300–400pc rise in construction material prices. The update came as part of the Ministry...


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Traders Count the Cost as Officials Sweep Through Mercato

Editorial | Oct 18,2025

Official Narratives Preach Recovery. People Don't Feel It


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Official Narratives Preach Recovery. People Don't Feel It

The political establishment, notably the ruling party and its top brass, has become preocc...

Editorial | Oct 18 , 2025

TRADITION THRIVES AS COSTS CLIMB

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

Traders Count the Cost as Officials Sweep Through Mercato

Last Tuesday, long before dawn, Mercato was awake but not to haggle. Around Mierab Hotel,...

Agenda | Oct 18 , 2025 . By YITBAREK GETACHEW

Addis Abeba Raises Health Insurance Fees as Fiscal Pressures Mount

In a sweeping reform that upends nearly a decade of uniform health insurance contributions...

Fortune News | Oct 18 , 2025 . By NAHOM AYELE