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Jan 3 , 2021

Investments in Hospitality Get Profit Tax Lifted

The government has introduced a five-year zero profit tax policy for new investments in the hospitality sector. The decision, which was made in the hope of encouraging private sector investment in the...

Dec 26 , 2020

Another Beautification

Beautification and green projects continue in the city, especially along the sites that have been identified as prime locations for leisure. One of these is this hilly space near Sheraton Addis, where...

Dec 26 , 2020

Almost Man

Along Africa Avenue near Flamingo Restaurant is a figure dressed in yellow, wielding a paint brush, standing atop a paint store. It can easily be confused for a person. But it is a mannequin being use...

Dec 26 , 2020

Seregela's Inauguration, Finally

Adanech Abiebie (right), deputy mayor of Addis Abeba, attended the official inauguration of one of the several new taxi services that have popped up in the past few years, Seregela. Talking here to El...

Dec 26 , 2020

Parliament Delegates Task Force to Oversee Infrastructure Projects

The parliament has called for establishing a federal task force that will be mandated to oversee and regulate infrastructure projects across the country. Ahmed Shide, minister of Finance, endorsed...

Dec 26 , 2020

Toll Road Enterprise Collects 147m Br

The Ethiopian Toll Roads Enterprise, which administers the Addis Abeba-Adama and Dire Dawa-Dewele expressways, has generated 157 million Br in revenues within the first five months of the current fisc...

Dec 26 , 2020

WB Loans $100m for Women Entrepreneurs

The World Bank has provided a 100-million-dollar loan to Ethiopia to finance the Women's Entrepreneurship Development Project (WEDP). The funds will be used to provide credit and training support to m...

Dec 26 , 2020

EFFORT Gets Board of Trustees

A board of trustees for the Endowment Fund for the Rehabilitation of Tigray (EFFORT) has been established to address gaps created by the lack of leadership. The announcement was made last week, Decemb...

Dec 26 , 2020

Training Institute Receives Six Vehicles

The Maastricht School of Management (MSM), one of the oldest business schools in the Netherlands, has donated six vehicles to the Federal Technical, Vocational Education & Training Institute. Valu...

Dec 26 , 2020

COVID-19 Insurance Policy Covers Drivers, Assistants

A life insurance policy for cross-border drivers and their assistants in relation to the Novel Coronavirus (COVID-19) has been operational as of December 24, 2020. Announced by the director of the Ins...

Dec 26 , 2020

Cabinet Greenlights Stock Market Establishment Bill

The Council of Ministers approved the establishment of a stock market early last week, December 22, 2020. The capital market is expected to support the development of the national economy by mobilisin...

Dec 26 , 2020

Election Board Excludes Tigray State in Schedule

The National Electoral Board of Ethiopia (NEBE), which proposed June 5, 2021, as the sixth national election's polling date, has left Tigray Regional State out of the schedule. During the announcement...

Dec 19 , 2020

CLOTHES DRYING BOARDS

Any object displayed or placed in a public space risks being utilised for a purpose they were not designed for. This sign, showing the direction of the Sierra Leone Embassy in Bole, has a rope fastene...

Dec 19 , 2020

PARTNERSHIP TO INCUBATE

Pazion Cherinet, CEO of Orbit Health, explained the new partnership of his firm with Alemayehu Konde, country head for Ethiopia of Mastercard Foundation (on-screen) on December 18, 2020. The private f...

Dec 19 , 2020

WEALTH AND WASTE

With economic development in Addis Abeba has come the skyscrapers and luxury hotels that dot the skyline and the streets. But wealth also means more consumption and more waste, as the scene in front o...

Dec 19 , 2020

Nestlé to Recycle Plastic Waste

Nestlé, a global food and beverage company, has launched a waste management programme to tackle plastic pollution in Ethiopia in partnership with local sustainability consultant TS Environment. Th...

Columns

Commentaries | Jun 27,2026

The Rent Law Protects No One Well. Time to Rewrite It.

The federal legislative house rushed through one of the country's most contentious housing...

Editorial | Jun 27 , 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

Soaring Fares Strand Families on Highways

At the sprawling Lamberet Long-Distance Bus Station near Asmara Road, the usual din of eng...

Agenda | Jun 27 , 2026 . By MASTEWAL ZEMENE

Electric Cars Boom Tests Insurers' Petrol-Era Rulebook

A year after federal transport authorities restricted fossil-fuelled vehicles to clear the...

Fortune News | Jun 27 , 2026 . By BEZAWIT HULUAGER

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