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Nov 13 , 2021

Not the Right Time for a New Program: IMF

During a press briefing held last week, representatives of the IMF stated that it would be difficult to kick off any new projects in Ethiopia given the heightened uncertainty in the country and its im...

Nov 13 , 2021

MIDROC Strikes Deal with Marriott International

MIDROC Ethiopia and Marriott International have signed an agreement to place the management of a hotel in the compound of the African Union headquarters under the latter's Westin Hotels & Resorts...

Nov 13 , 2021

Parliament Assigns Standing Committee Chairs

Parliament assigned chairpersons to 11 standing committees of the house last week. The chairs will be leading the standing committee of the house formed in 11 sectors such as the Foreign Relations...

Nov 13 , 2021

State Enterprises Net 14b Br in First Quarter

Three state-owned enterprises (SOEs) have reported combined profits of over 14 billion Br during the first quarter of the fiscal year. The Commercial Bank of Ethiopia (CBE), Ethio telecom, and the...

Nov 13 , 2021

Latest T-bill Auction Raises 19b Br

The central bank's latest auction of treasury bills (T-bills) saw a total of 19 billion Br worth of bids. The government-guaranteed bonds are auctioned off bi-monthly to financial institutions, pensio...

Nov 6 , 2021

HEADACHE BEFORE ACCESS

Infrastructure is perhaps the more critical element for making a city more accessible. But the process of its construction is a headache for residents and passersby. This road construction in Qera is...

Nov 6 , 2021

STEEP DESCENT

Overlooking the Meshawlekia roundabout, along the street that takes to Mesqel Square, is a cliff people descend using poorly constructed stone stairs. A steep descent, people often have to climb down...

Nov 6 , 2021

INCLUSIVE ATM

Fekadu Tsega, board member at the Ethiopian National Association for the Blind, tries out the new automated teller machine (ATM) introduced by the Bank of Abyssinia. Customised for the blind and launc...

Nov 6 , 2021

Ministry Affirms Extension for Kefi's Gold Mining Exploration

The Ministry of Mines has extended Kefi Mineral's Tulu Kapi gold exploration project kickoff deadline by two months to the end of January 2022. The Ministry had cautioned the company to commence opera...

Nov 6 , 2021

Board Suspends Elections In Benishangul-Gumuz

The National Election Board of Ethiopia (NEBE) has announced that elections in Benishagul-Gumuz Regional State are suspended indefinitely in light of the state of emergency imposed last week. The B...

Nov 6 , 2021

Dashen Launches International Debit Card

Dashen Bank has launched an outbound card, dubbed the Dashen American Express International Debit Card, in partnership with American Express. The card is catered towards Dashen's clients travelling ab...

Nov 6 , 2021

US Donates 1.5m Pfizer Doses

The United States government donated over 1.5 million doses of the Pfizer COVID-19 vaccine to Ethiopia last week, a day before revoking Ethiopia's AGOA eligibility. This is the first batch of Pfizer v...

Nov 6 , 2021

United Beverages Introduces New 'Waliin' Brand

United Beverages S.C., producer of Anbessa Beer, last week introduced a new brand dubbed Waliin, targeting customers in Oromia Regional State. Established with a capital of 88 million euros in 201...

Nov 6 , 2021

US Revokes Ethiopia Trade Privileges Effective Next Year

The US government has terminated Ethiopia's involvement in the African Growth & Opportunity Act (AGOA), citing “gross violations of internationally recognised human rights.” Signed into US...

Nov 6 , 2021

Berhan Bank Appoints New Acting President

Berhan Bank has appointed its vice president for customer service and quality assurance, Bethlehem Getachew, as its acting president beginning November 3, 2021. Her appointment came following the r...

Oct 30 , 2021

EXPO RIBBON

Fikru Regassa (PhD) (centre-left), state minister for Agriculture, and Meeuwes Brouwer, agricultural counsellor at the embassy of the Netherlands, cut the ribbon to open the 1oth Ethiopian Poultry Exp...

Columns

Commentaries | Jun 22,2026

The Budget Bill Asks the Most from Citizens with the Least Slack

When Parliament takes up the appropriation bill, federal legislators will receive a docume...

Editorial | Jun 20 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

Fortune News | Jun 21 , 2026 . By NAHOM AYELE