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Jan 22 , 2022

Council of Minsters Approves Formation of Road Safety & Fund Service

The Council of Ministers approved the establishment regulation of the Road Safety & Fund Service during a session last week. The Service is formed by the merger of the National Road Safety Coun...

Jan 22 , 2022

Ethiopian Electric Utility to Build 1.2b Br HQ

The Ethiopian Electric Utility (EEU) is embarking on the construction of a 36-storey headquarters to be built in Kirkos District along the way from Mexico Square to the Sarbet area. The EEU has bud...

Jan 15 , 2022

Conduit Headache

A roll of electric conduits means that a certain neighbourhood is about to undergo the painful process of having its streets dugout. It is a seemingly never-ending process in several parts of the city...

Jan 15 , 2022

Careering

Recent graduates visit booths at the annual Dereja Career expo at Ghion Hotel, which was held for two days beginning on January 13, 2022. Organised by Dereja.Com with the Jobs Creation Commission and...

Jan 15 , 2022

Asphalt Pickup

The hazardousness of waste produced from construction is not better evidenced from the look of this pickup car. It is carrying liquid material used in asphalt road paving in steel barrels. The man rid...

Jan 15 , 2022

UNOCHA Faces Funding Gap for Humanitarian Response in Ethiopia

The United Nations Office for the Coordination of Humanitarian Affairs (UN-OCHA) is facing a 1.2 billion dollar funding gap for its humanitarian assistance efforts in northern Ethiopia and other parts...

Jan 15 , 2022

Hijra Bank Opens Over a Dozen Branches

Hijra Bank has opened 17 branches since it became operational in September last year. Seven of the branches are located in Addis Abeba and neighbouring towns while the remaining are spread across t...

Jan 15 , 2022

City Launches 8b Br Condominium Project

The Addis Abeba City Administration has embarked on an eight billion Birr condominium housing project. Dubbed the 'Akaki Prefab Housing Phase I' project, it will see the construction of 5,000 house...

Jan 15 , 2022

Ethio Sugar Acquires Agro-Processing Company for 214m Br

Ethio Sugar Manufacturing Industry, a share company involved in agri-business, has acquired an agro-processing plant in Hamer, Omo Zone, Southern Regional State, for 214 million Br. Ethio Sugar acq...

Jan 15 , 2022

Ethio-Djibouti Railway Annual Revenues Climb to $86m

The Ethiopia-Djibouti Railway managed a little over 86 million dollars in revenues last year, a 37.5pc jump from the figure recorded in the previous year. Its executives attribute the introduction...

Jan 15 , 2022

Audit Report Identifies Unutilised Budget in Gov't Offices

The Office of the Auditor-General has identified unutilised budgets in several offices. The audit report from the Office, which is mandated to conduct periodic audits on government institutions, cover...

Jan 15 , 2022

COOP Bank, Kifya Launch Digital Uncollateralised Lending Platform

The Cooperative Bank of Oromia and Kifya Financial Technologies have partnered to launch an uncollateralised digital lending platform dubbed 'Michu.' The platform offers loans and overdraft facilit...

Jan 7 , 2022

NEIGHBOURHOOD HOLE

A continuous headache to the residents of Addis Abeba is the constant digging of streets. Efforts to improve access to public utilities means that streets could get dugout at any moment to install cab...

Jan 7 , 2022

DISCOUNT TOUTING

Holidays are when consumers and businesses come together in greater frequency. The former are feeling spendthrift and the latter offer discounts. The same is true for this women's clothing store in Me...

Jan 7 , 2022

MESQEL BENCH

The pedestrian walkway in front of Mesqel Square is getting its own upgrade. A while ago, parts of it were covered by a type of carpet for smoother cycling. Recently, it has been fitted with park benc...

Jan 7 , 2022

Coffee Authority On Track to Meet $1b Export Target

The Ethiopian Coffee & Tea Authority is on track to meet its target of exporting a little over one billion dollars worth of coffee this year. The cash crop brought in over 515 million dollars i...

Columns

Commentaries | Jul 25,2026

Cost Recovery by Public Institutions Becomes a Hidden Tax

Ideally, citizens who have paid income tax all year should not have to reach for their wal...

Editorial | Jul 25 , 2026

Chasing Excellence in the Summer, Raising Questions Over Who It Leaves Behind

For as long as her daughter had been in school, the summer break belonged to the family. E...

Featured | Jul 25 , 2026 . By BIZUAYEHU ABIY and TIGIST MEKONNEN

Shematera Weavers' Chain Meets the VAT Line

The footsteps, bargaining voices and rustle of cotton cloth that once filled Shematera in...

Agenda | Jul 25 , 2026 . By NAHOM AYELE

Global Bank Board Suspends 18 as Deposit Probe Widens

Global Bank's Board of Directors have overhauled top management, after suspending several...

Fortune News | Jul 25 , 2026 . By BEZAWIT HULUAGER