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Radar

Feb 1 , 2020

IMF Recommends CBE’s Asset Quality Review

The latest staff report of the International Monetary Fund (IMF) recommends the asset quality review of the Commercial Bank of Ethiopia (CBE) due to tight liquidity. CBE's liquidity ratio dropped l...

Feb 1 , 2020

Electric Utility Employs ERP for $59m

Ethiopian Electric Utility (EEU) has purchased SAP's enterprise resource planning (ERP) software for 59 million dollars. The system was launched on Saturday, February 1, 2020, in the presence of Sh...

Jan 25 , 2020

Red Cross Gets 268m Br in Six Months

The Ethiopia Red Cross Society has gained a total of 268 million Br in the past six months of the current fiscal year. Out of the total, 135 million Br was secured from rental income, project incom...

Jan 25 , 2020

Ministry Collects 127.5b Br in Tax Revenue

The Ministry of Revenues has collected 127.5 billion Br in taxes in the past six months of the current fiscal year. The figure is 101pc of the Ministry's target. Comparing the result with the same...

Jan 25 , 2020

Pump, Engine Testing Centre Breaks Ground

The National Pump & Engine Testing Centre, which tests and certifies locally produced and imported small-scale irrigation pumps and engines, was launched last week. Built for 19.1 million Br fi...

Jan 25 , 2020

State Bank Mobilises 31.8b Br in Deposits

The Commercial Bank of Ethiopia (CBE) mobilised 31.8 billion Br in deposits in the past six months of the current fiscal year. The Bank has mobilised 24.6 billion Br from the private sector in the...

Jan 25 , 2020

COWASH Project Secures 1.3b Br

The Clean Water & Health Care (COWASH) project, which is being implemented in five regional states, secured 1.3 billion Br in financing. The governments of Ethiopia and Finland have agreed to c...

Jan 25 , 2020

Eagle Hills Avails Residential Tower for Sale

Eagle Hills launched the first residential tower for sale at its La Gare Eagle Hills development. The company launched the residential units at an event held at Hyatt Regency Hotel and attended by...

Jan 25 , 2020

Ministry Issues Five Exploration Licences

The Ministry of Mines & Petroleum issued five exploration licenses to four companies last week. Aleta Land Plc, Rose Ethiopia, Agodayo Metals and A-One Marble and Granite are the four companies...

Jan 25 , 2020

Takele Uma Forms New Cabinet

Takele Uma, deputy mayor of the capital, formed a new cabinet that was approved by the Addis Abeba City Administration Council on the opening session of its three-day regular meeting. Takele nomina...

Jan 18 , 2020

Railway Weeds

This railway track extends past the railroad buffer and has weeds growing all over it as a result of a lack of use. In the distance, an electric train can be seen approaching a makeshift buffer on the...

Jan 18 , 2020

Precariously Stacked

A three-wheeler drives past sacks full of charcoal stacked on top of one another on the edge of an embankment. The charcoal is prepared for wholesale and is packed in single-use plastic bags across ki...

Jan 18 , 2020

Speaker, Deputy Mayor Talk

Takele Uma (centre-right), deputy mayor of Addis Abeba, and city council members held a discussion at parliament with MPs, including Tagesse Chafo (far-right), speaker of the House, on January 13, 20...

Jan 18 , 2020

Agency Bags 305m Br in Revenues

The Documents Registration & Authentication Agency (DARA) generated 305 million Br in revenue during the first half of this fiscal year. The Agency generated the revenue from the 521,769 cases...

Jan 18 , 2020

EEP Hires Spanish Consultancy Firms

Ethiopian Electric Power (EEP) hired two overseas firms to provide consultancy services in the areas of expense reduction and increasing revenues. For the service that is expected to last for one y...

Jan 18 , 2020

New UN Resident Coordinator Takes Helm

Catherine Sozi (MD) has been assigned as the new United Nations Resident and Humanitarian Coordinator, the highest official and the chief of the UN diplomatic mission in Ethiopia. Sozi, from Uganda...

Columns

Commentaries | Jul 25,2026

Cost Recovery by Public Institutions Becomes a Hidden Tax

Ideally, citizens who have paid income tax all year should not have to reach for their wal...

Editorial | Jul 25 , 2026

Chasing Excellence in the Summer, Raising Questions Over Who It Leaves Behind

For as long as her daughter had been in school, the summer break belonged to the family. E...

Featured | Jul 25 , 2026 . By BIZUAYEHU ABIY and TIGIST MEKONNEN

Shematera Weavers' Chain Meets the VAT Line

The footsteps, bargaining voices and rustle of cotton cloth that once filled Shematera in...

Agenda | Jul 25 , 2026 . By NAHOM AYELE

Global Bank Board Suspends 18 as Deposit Probe Widens

Global Bank's Board of Directors have overhauled top management, after suspending several...

Fortune News | Jul 25 , 2026 . By BEZAWIT HULUAGER