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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...

Oct 12 , 2025

Zemen Bank to Distribute Five-Year Retained Earnings to Shareholders

Zemen Bank S.C. has approved the distribution of three percent from funds retained over the past five years, originally earmarked to hedge against default risk. The decision, announced during its ...

Oct 12 , 2025

Heifer International, Hello Tractor, Ministry of Agriculture Launch Tractor Scheme

Heifer International Ethiopia, in partnership with Hello Tractor and the Ministry of Agriculture, has rolled out a Pay-As-You-Go (PAYG) tractor financing program designed to boost rural mechanisation...

Oct 5 , 2025

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was...

Oct 5 , 2025

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment trac...

Oct 5 , 2025

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the instituti...

Oct 5 , 2025

Diaspora Lending Initiative Seeks to Unlock Revenue

The Commercial Bank of Ethiopia (CBE) has unveiled a 50 billion Br loan facility for the diaspora, planning to boost remittance inflows. Abie Sano, the bank's President, said Ethiopia could earn over...

Oct 5 , 2025

Third Phase of 100-Day Electricity Upgrade Gets Underway

The second round of a nationwide 100-day plan directed towards reducing power outages and improving grid reliability has been completed. Using GPS technology, the program identified areas most affecte...

Oct 5 , 2025

Education Ministry Lowers Cut-Off for University Entry

The Ministry of Education has adjusted the national university admission threshold, allowing students who scored just below the official requirement to enroll. Candidates who achieved between 49.50pc...

Oct 5 , 2025

Economic Gains Threatened by Currency and Regulation

Ethiopia is navigating a complex economic landscape. While the government has launched significant liberalisation efforts, structural restrictions, currency volatility, and challenging regulatory prac...

Oct 5 , 2025

Central Bank Approves Industry Veteran to Lead Standard Insurance

The National Bank of Ethiopia (NBE) has approved Solomon Assefa as the founding CEO of Standard Insurance S.C. A veteran with over 20 years in the insurance sector, Solomon holds an Executive MBA from...

Sep 27 , 2025

Debt Crisis in Focus as Central Bank Governor Visits China

Eyob Tekalegn (PhD), newly appointed governor of the National Bank of Ethiopia (NBE), made his first official overseas trip to China to discuss debt restructuring. He met with senior officials from Ch...

Sep 27 , 2025

Blueprint for Safety, Builders Face Tough New Standards

Four key institutions in Ethiopia's construction sector signed an MoU at Skylight Hotel to address chronic safety lapses that cost lives and damage property. The deal brings together the Ethiopian Con...

Sep 27 , 2025

Licenses of Ten Auditors at Risk After Alleged Tax Irregularities

The Addis Abeba Revenue Bureau has asked the Accounting & Auditing Board of Ethiopia to revoke the licenses of ten accountants and auditors accused of preparing flawed taxpayer records during the...

Sep 27 , 2025

Millions Reach New Financial and Food Security Milestones

Ministry of Finance and the International Fund for Agricultural Development (IFAD) reaffirmed their commitment to transforming rural communities during a Joint Project Portfolio Review. Semereta Sewas...


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A Cup of Juice, A Long Day, an Uncomfortable Realisation

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The Promise and Peril of AGI

Sunday with Eden | Jun 20,2026

Prevention Starts Years Before the First Diagnosis

Agenda | Jun 21,2026

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

Editorial | Jun 20,2026

The Budget Bill Asks the Most from Citizens with the Least Slack


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The Budget Bill Asks the Most from Citizens with the Least Slack

When Parliament takes up the appropriation bill, federal legislators will receive a docume...

Editorial | Jun 20 , 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

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

Fortune News | Jun 21 , 2026 . By NAHOM AYELE