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Oct 26 , 2025

Withholding Tax on Wheat Payments Lifted

The long-standing tax dispute between wheat processors and the Ministry of Revenue has been resolved. In a circular, the Ministry of Revenue confirmed that the Ministry of Finance had acted on repeate...

Oct 26 , 2025

Ethiopia Joins African Renewables Push in Sierra Leone

The Ministry of Water & Energy is attending the second Accelerated Partnership for Renewables in Africa (APRA) Investment Forum in Freetown, Sierra Leone, aimed at boosting renewable energy invest...

Oct 18 , 2025

New Directive Tightens Rules for Foreign Employment Agencies

The Ministry of Labour & Skills has issued a directive under the Ethiopian foreign employment framework, setting clear standards for agency size, capital, and operations. Depending on their lev...

Oct 18 , 2025

Audit Findings Expose Deepening Gaps in Accountability

A new study reveals that audit irregularities in Ethiopia have continued to rise year after year, driven by weak enforcement and unresolved legacy problems. The finding, commissioned by the Office...

Oct 18 , 2025

Africa Maritime Conference Sets Sights on Seafaring Innovation

The Ministry of Transport & Logistics has launched the first-ever Africa Maritime Conference, marking a bold move to position landlocked Ethiopia as a continental hub for seafaring innovation at a...

Oct 18 , 2025

Ethio telecom Launches Znexus to Bridge Africa's Digital Divide

Ethio telecom has unveiled its own smart device brand, Znexus, marking a strategic step into the African smart device market. The launch, held last week at the Sheraton Addis Hotel, introduced a fu...

Oct 18 , 2025

NBE Drafts Rule to Tighten Bank Ownership Transfers

The National Bank of Ethiopia (NBE) has issued a draft directive to tighten oversight of the banking sector by restricting large ownership transfers and enhancing regulatory scrutiny. Titled the ...

Oct 18 , 2025

Power Utility's West Addis Office Surpasses Infrastructure Goals

The Ethiopian Electric Utility (EEU) branch in West Addis Abeba has reported over 1.2 billion Br in revenue during the first quarter of the fiscal year, achieving 91.1pc of its target. Officials cr...

Oct 18 , 2025

Trade, Investment in Focus at Pakistan, Africa Expo

The 5th Pakistan–Africa Trade Development Conference (PATDC) and “Made in Pakistan” Exhibition took place at Millennium Hall, bringing together over 100 delegates from African nations including...

Oct 18 , 2025

City Prepares First Electric Bus Rapid Transit Corridor

The Addis Abeba Transport Bureau, working with the City Roads Authority, will launch the construction of the capital's first electric Bus Rapid Transit (BRT) corridor this year—a landmark step towar...

Oct 12 , 2025

AMG Holdings Breaks Ground on Industrial Rail Link to Ethio-Djibouti Railway

AMG Holdings has launched construction on a 2.5-kilometer railway connecting its Sheger Industrial Park to the Ethio-Djibouti Railway's Endode Station. The Ethiopian-led project comprises 1.7 Kms of m...

Oct 12 , 2025

Ethiopian Deposit Insurance Fund Achieves Full Q1 Collection Target

The Ethiopian Deposit Insurance Fund collected 2.08 billion Br in the first quarter of 2025. This meets 100 percent of the target and represents a 26.83 percent increase compared with the same peri...

Oct 12 , 2025

Oromia Bank, Ethiopian Airlines Introduce Fly Now, Pay Later via Milkii Digital App

Oromia Bank's Milkii Digital App, launched on May 3, 2025, has introduced a “Fly Now, Pay Later” service that lets customers book Ethiopian Airlines tickets using digital loans, with payments spre...

Oct 12 , 2025

Revenue, Customs Launch Eight New Tech Systems

The Ministry of Revenues and the Ethiopian Customs Commission have unveiled eight digital systems designed to modernize tax and customs operations. The launch took place during the 7th Honest Taxpayer...

Oct 12 , 2025

Millions in Unsafe Food, Health Items Seised Across Addis Abeba

The Addis Abeba Food & Drug Authority (AAFDA) removed unsafe and expired food and health products valued at over 23.3 million birr following extensive inspections during the New Year, Meskel, and...

Oct 12 , 2025

UN Food Agency Cuts Refugee Rations as Funding Crisis Deepens

The UN World Food Programme (WFP) has reduced food rations for 780,000 refugees across 27 camps in Ethiopia, cutting allocations from 60pc to 40pc, leaving recipients with less than 1,000 calories a d...


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Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE