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Aug 22 , 2020

Central Bank Allows Microfinance Institutions to Evolve into Banks

The National Bank of Ethiopia (NBE), in a directive issued last week, has allowed microfinance institutions to upgrade into full-fledged banks. The directive lays out the criteria for which microfi...

Aug 22 , 2020

India Endows Ethiopia with Medical Aid

The government of India has donated 100,000 hydroxychloroquine tablets, lifesaving antibiotics and other essential drugs to the Ministry of Health. The ceremony, which was held at the premises of t...

Aug 22 , 2020

Council Approves Amended Excise Tax Law

The Council of Ministers in a session held yesterday, August 22, 2020, approved the amended excise tax law. The bill enables businesses to import and manufacture products that are subjected to excise...

Aug 22 , 2020

Electric Utility Receives 4m Br Through Litigation

Ethiopian Electric Utilities (EEU) obtained close to four million Birr through court cases against accounts with unsettled bills, infrastructure theft and damage in the just ended fiscal year. The...

Aug 22 , 2020

UNDP Backs Public Offices with PPE, ICT Equipment

The United Nations Development Fund (UNDP) has provided personal protective equipment (PPE) and information communication technology (ICT) tools worth 930,000 dollars to 34 federal and regional entiti...

Aug 22 , 2020

City Chamber Provides Food for People In Need

The Addis Abeba Chamber of Commerce & Sectoral Association has provided support to 150 vulnerable people whose lives have been affected by the Novel Coronavirus (COVID-19). The Chamber, which h...

Aug 22 , 2020

Ministry Issues Two Extraction Licenses

The Ministry of Mines & Petroleum has issued two mining licenses for companies that will produce basalt and marble with a total investment of 270 million Br. It also issued 10 licenses for the...

Aug 22 , 2020

TRANSPORT STRATEGY

Dagmawit Moges (left), minister of Transport, greets Kelemwork Tessema, president of the Addis Abeba Women Entrepreneurs Association, in typical social distancing style during a meeting held to discus...

Aug 22 , 2020

ART HOUSE

A makeshift house in the neighbourhood adjacent to Sierra Leone street (Debre Zeit Road) capitalises on its flexibility to reinforce the walls with a bit of art. The larger-than-life faces made of gyp...

Aug 22 , 2020

TOO CLOSE, TOO LONG

A public transport queue at Mesqel Square for a train overflows onto the passageway that leads to the railway. This is even as the distance between each person in the line is insignificant. The cu...

Aug 16 , 2020

Strategising to Digitise

Abraham Belay (centre), minister of Innovation & Technology, joined Yasin Belay (right), representative director from Gambela Regional State, and Nurilign Koku, director of Councils & Regions...

Aug 16 , 2020

Multipurpose Billboard

Billboards are sometimes found to serve more than the purpose of advertising goods and services. This one promoting a media company, located right next to the Addis Abeba Stadium, is being used by str...

Aug 16 , 2020

Bread Bad Luck

Sheger Bread & Flour Factory's industrial-scale bakery has been serving residents of Addis Abeba with its cheap product. But it is not always successful. This particular outlet of Sheger Bread in...

Health Ministry Receives Additional Support

The Ministry of Health has acquired a batch of medical equipment to aid the response to the Novel Coronavirus (COVID-19) pandemic from international and local donors. Personal protective equipment...

Aug 16 , 2020

Shipping Enterprise Amasses 25.7b Br

The state monopoly shipping giant, Ethiopia Shipping & Logistics Services Enterprise (ESLSE), amassed 25.7 billion Br in revenues during the recently ended fiscal year. The revenue represents a...

Aug 16 , 2020

Agriculture Ministry Backs Regional States

The Ministry of Agriculture has dispensed electronic tablets, livestock laboratory equipment, and personal protective gear worth 700 million Br to the regional states. The support was provided to boos...

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