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Sep 10 , 2021

Ethio Lease Designates Fregenet Getachew as Acting CEO

Ethio Lease, the country's first privately-owned equipment leasing company, has a new acting CEO, Fregenet Getachew. She will replace former CEO Girum Tsegaye, who left the company to return to the...

Sep 10 , 2021

European Commission Approves Consortium Entry

The European Commission (EC) has cleared a joint venture between Safaricom and Vodafone for entry into the Ethiopian telecom market. The Commission initially announced its plans to scrutinise the entr...

Sep 10 , 2021

Ghanian Pharmaceutical Enters Ethiopian Market

A Ghanian pharmaceutical firm has opened a pharmacy in Addis Abeba through a franchise agreement with Belayab Pharmaceuticals Plc struck in March 2021. Located in Sarbet, Haltons Pharmacy will offe...

Sep 10 , 2021

Ministry Suspends over 80,000 Business Licenses

The licenses of over 80,000 businesses have been suspended on allegations of involvement in illegal activities and price gouging, the Ministry of Trade & Industry announced. An additional 500 busi...

Sep 10 , 2021

Bread Factories Worth 800m Br in Works

MIDROC Investment Group pledges to build 10 bread factories in as many cities across the country. The factories are projected to cost 800 million Br, which would be covered by the Group. The establ...

Sep 4 , 2021

Federal Gov't Enacts Tax Exemptions

The federal government has lifted taxes on consumer goods including wheat, edible oil, sugar, rice, pasta, and eggs. The decision comes at a time when inflationary pressure is at its highest in a d...

Sep 4 , 2021

OPERATIONALLY INTEREST-FREE

Ahmed Shide, minister of Finance, and Mufti Hajji Omar Idris, religious and community leader, attended the ceremony for Hijra Bank, the second interest-free bank, at the headquarters of the bank in th...

Sep 4 , 2021

WEYEYET CARRIAGE

Goods move at an accelerated pace during the holiday season, especially in Merkato, one of Africa's biggest marketplaces. Still in use are the old weyeyet blue and white minibus taxis, nicknamed after...

Sep 4 , 2021

SURVIVAL OF THE STREET-EST

Many of the shops for house utilities that used to crowd the area around Saint Urael Church in Kazanchis are slowly disappearing as urban development forces them out. Some have moved to other nearby b...

Sep 4 , 2021

Ethiopia to Receive 108,000 Doses of J&J Vaccines

Ethiopia will receive its first round of 108,000 doses of Johnson & Johnson vaccine on September 6,2021, facilitated through the African Vaccine Acquisition Trust (AVAT). AVAT is an initiative...

Sep 4 , 2021

City Admin Avails Designated Holiday Markets

The Addis Abeba City Administration has designated 108 market areas in the capital in preparation for the upcoming new year holiday. Of the designated areas, 56 are assigned to the trade of livestock...

Sep 4 , 2021

Leather Companies Join Faltering Brand

New Wing Addis Shoe Factory Plc and Pittards Ethiopia have received certificates to begin the manufacture and export of a range of leather products, including bags, shoes, and jackets, under the strug...

Sep 4 , 2021

Vehicle Importers Request Excise Tax Exemption

Importers are calling on the federal government to exempt 637 vehicles held up at customs in Djibouti and Addis Abeba from the excise tax levied on used cars. During a press briefing last week, the...

Sep 4 , 2021

Hijra Open for Business

The country's second full-fledged interest-free bank opened its doors on September 4, 2021, at its head office in the Bole Olympia neighbourhood on Democratic Republic of Congo Street. The Bank acq...

Sep 4 , 2021

Gov't to Float Bid for Telecom Privatisation

Officials at the Ministry of Finance announced the full request for a proposal for the privatisation of Ethio telecom is to be floated in mid-September. The Ministry, in collaboration with the Public...

Sep 4 , 2021

Safaricom Introduces Senior Leadership

Safaricom has introduced the executive team assigned to lead its venture in the Ethiopian market. A delegation of seven, led by the company's CEO Peter Ndegwa and Safaricom Ethiopia's Managing Dire...

Columns

Commentaries | Jun 06,2026

The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 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

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE