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Feb 23 , 2025

ILO Tackles Agricultural Wage Gap

The International Labour Organization (ILO) launched the Setting Adequate Wages in Agriculture (SAW-A) Project last week, with support from the German Federal Ministry for Economic Cooperation & D...

Feb 23 , 2025

Marathon Motors Expands EV Lineup, Pushes Charging Partnerships

A pioneer in electric vehicle (EV) assembly, Marathon Motors Engineering, unveiled new models along with warranty and charging services at its plant on the outskirts of Addis Abeba last week. The comp...

Feb 23 , 2025

EIH Sets Stage for Integrated Farming Development

Ethiopian Investment Holdings (EIH) and its subsidiary Ethiopian Agricultural Business Corporation (EABC), and Asset Green have finalized a Shareholders Agreement (SHA) to jointly develop an integrate...

Feb 23 , 2025

Electric Utility Gets New CEO

A leadership change at Ethiopian Electric Utility (EEU) has been implemented by Ethiopian Investment Holdings (EIH) with Shiferaw Telila replaced by Getu Geremew as the new CEO. Shiferaw held the role...

Feb 18 , 2025

Regional Development Banks Tie-up for Private Sector Growth

Arab Bank for Economic Development in Africa (BADEA) and Trade Development Bank Group (TDB) signed a 100-million-dollar disbursement for a hybrid capital instrument last week on the sidelines of the A...

Feb 18 , 2025

National Bank Reports Five-Year Low Inflation, Record-High Exports

The National Bank of Ethiopia (NBE), in its six-month snapshot on monetary and external sector developments, reports that inflation has dropped to 15.5pc, the lowest in five years and a 13.9pc decline...

Feb 16 , 2025

Horn Initiative Boosts Regional Development Agenda

A total of 20 projects worth three billion dollars are currently being implemented in Ethiopia under the Horn of Africa Initiative, which held a performance review platform last week. This initiative...

Feb 16 , 2025

Budget Woes Plague Region

The Amhara Regional State's six-month performance review revealed substantial budget shortfalls, achieving only 28.27pc of its targeted revenue. Chief Administrator Arega Kebede reported to the region...

Feb 16 , 2025

Modern Farming Boosted with New Centre of Excellence

The Agricultural Mechanization Centre of Excellence, built in the Qaliti area with collaboration from South Korea was inaugurated last week. The centre was constructed in seven months at a project cos...

Feb 16 , 2025

Ethio telecom Reports Over 40pc Revenue Growth, Faces Decline in Forex, Plans Nationwide Fibre Cable Upgrade

The state-owned telco posted its second-quarter results last week, marking 43pc revenue jump year-on-year. The company recorded 61.9 billion Br in total revenue for the first six months of the 2024/2...

Feb 16 , 2025

New Digital Suite Tackles Digital Payment Limitations

Nib International Bank launched two new digital products, Nib Amber Pay and Nib PayStream, seeking to streamline transactions. The former enables business clients to easily and securely receive paymen...

Feb 10 , 2025

Parliament Overhauls Three Key Sectors

Parliament approved two key proclamations last week seeking to strengthen the justice system and civil registration processes. The first re-establishes the Federal Justice & Legal Institute under...

CBE Hits Deposits Record

The Commercial Bank of Ethiopia (CBE) achieved a record 303 billion Br in deposits in the first seven months of the budget year—the largest deposit amount in the Bank's history. Total deposits now s...

Feb 10 , 2025

Revenue Bureau Cracks Down on Alleged Tax Evaders

Addis Abeba Revenue Bureau introduced a debt tracking system that would trace tax evaders. As a result, five vehicles were seized and sold to recover tax debts, generating 10.9 million Br. Currentl...

Feb 10 , 2025

First Ethiopian to Take Helm at Coca-Cola

Coca-Cola Beverages Africa (CCBA) in Ethiopia has appointed Melkamu Abebe as its new Managing Director, marking the first time an Ethiopian has held this position. His appointment follows a period as...

Feb 10 , 2025

Dodai Pushes E-bike Adoption, Supports First Association

Dodai, an electric bike manufacturer, has launched an initiative to cover the cost of license plates for 250 customers which have formed an association as mandated by the Addis Abeba Transport Bureau...


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Columns

Commentaries | Mar 16, 2025

Sorghums Silent Struggle in Battles for Relevance

Life Matters | Mar 16, 2025

Scrolling for Symptoms: The Pitfalls of Online Self-Diagnosis

My Opinion | Mar 16, 2025

Right to Addis Abeba in the Age of Glitzy Facelift

Sunday with Eden | Mar 16, 2025

Opening Up: A Risk Worth Taking

Agenda | Mar 16, 2025

Coffee Bean's Rebellious Price Surge Leaves Local Market Parched

Editorial | Mar 16, 2025

A Country Governed by Guesswork, While Millions Lost in the Shadows


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A Country Governed by Guesswork, While Millions Lost in the Shadows

Ask anyone about the population of Addis Abeba, and a straightforward answer proves elusiv...

Editorial | Mar 16 , 2025

Trapped Between Sunlight, Soaring Costs, Farmers Struggle to Ditch Diesel

Fenta Atele gazes at the shrinking shores of Lake Abaya, in Southern Regional State, worry...

Featured | Mar 16 , 2025 . By YITBAREK GETACHEW

Coffee Bean's Rebellious Price Surge Leaves Local Market Parched

Addis Abeba's coffee culture is under siege as soaring prices ripple through every level o...

Agenda | Mar 16 , 2025 . By BEZAWIT HULUAGER

Tax Squeezed, Businesses Cry Foul as Penalties Mount

A new directive is beginning to shake up the tax regime with tougher penalties for non-com...

Fortune News | Mar 16 , 2025 . By AKSAH ITALO