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Jun 15 , 2025

Rammis Bank Commences Mobile Application, Card Banking Services

Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturd...

Jun 15 , 2025

MIDROC Drives Agricultural Shift in Oromia with Tea-Focused Investment Push

MIDROC Investment Group is set to build seven tea-processing factories in Oromia Regional State, part of a major push to boost domestic tea production and expand exports. CEO Jamal Ahmed said the c...

Jun 15 , 2025

Urban Sanitation Oversight Secured with 110M Br Government Contract

The Ministry of Water & Energy has signed a contract valued at over 110 million Br to oversee urban sanitation initiatives under the Water Development Fund's program. The agreement was awarded...

Jun 15 , 2025

Ethiopia Looks to Ditch Foreign Help, Build Its Own Evaluation System

The lack of a national evaluation system hampers policymaking, leaving Ethiopia reliant on foreign consultants like the IMF and World Bank to assess GDP, says State Minister Tirumar Abate  at the Min...

Jun 15 , 2025

New Netpreneur Programme Targets Startup Growth in Collaboration with Alibaba

At the launch of the Ethiopia Netpreneur Programme, Innovation & Technology Minister Belete Molla (PhD) reaffirmed the government's commitment to building a strong digital economy through its ongo...

Jun 15 , 2025

Berhan Bank Launches Fuel Payment App

Berhan Bank announces the launch of its digital fuel payment system, developed with the Ministry of Transport & Logistics. The 'Fuel Aggregator' app advances fuel transaction digitalisation, impro...

Jun 7 , 2025

Parliament Enacts Solid Waste Management, Disposal Proclamation

Parliament has unanimously passed the solid waste management and disposal proclamation, marking a decisive move toward environmental sustainability. It mainly introduces stringent penalties for the us...

Jun 7 , 2025

NBE Sustains Dollar Supply as Exchange Rate Rises

The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia's (NBE) foreign exchange auction held on June 5, 2025. This marks a steady increase from 133.17 Br i...

Jun 7 , 2025

Holland Dairy Unveils Cold Facility, Reinforces Eco Goals Through New Treatment Plant

Holland Dairy has officially inaugurated a cold storage facility and commissioned a wastewater treatment plant, marking a significant step forward in its commitment to growth and sustainability. The e...

Jun 7 , 2025

Education System Sees Shift as Anti-Cheating Reforms Take Hold

The Ministry of Education (MoE) announced that recent reforms targeting exam cheating have begun to restore public trust in the education system. A key measure has been restructuring the assessment an...

Jun 7 , 2025

Council Approves Nearly Two Tr Br Budget for Upcoming Fiscal Year

The Council of Ministers has approved a draft federal budget nearing two trillion birr for the 2025/26 fiscal year, advancing it to Parliament for legislative review. Endorsed during it's recent se...

Jun 7 , 2025

Diageo Empowers 150 Youth Through Hospitality Graduation

Diageo celebrated the graduation of the second cohort from its Learning for Life (L4L) Hospitality Training Program on June 5, 2025, at Skylight Hotel. Building on the success of its 2024 pilot, which...

Jun 8 , 2025

EthSwitch Moves Into New 12-Storey Headquarters in Casanchis

EthSwitch, the national payment switch, has acquired a 12-storey headquarters in Casanchis, near Bambis Supermarket and behind Enat Bank's head office on Guinea Conakry Street. The company had previou...

Jun 8 , 2025

Draft Income Tax Amendment Seeks to Expand Base, Enhance Revenue

A draft amendment for Income Tax Proclamation builds on last year's framework to boost revenue, broaden the tax base, refine incentives, and curb evasion. It proposes a simplified, income-based tax fo...

Jun 1 , 2025

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million...

May 31 , 2025

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hilt...


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A Consultation Worth Less Than Bread

Agenda | Jul 19,2026

A Sack of Cement, with the Chain No One Can See

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Millions Looking for Work. Companies Cannot Find Many to Hire. A Paradox?


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Millions Looking for Work. Companies Cannot Find Many to Hire. A Paradox?

Pressed in Parliament on jobs and household incomes, Prime Minister Abiy Ahmed (PhD) offer...

Editorial | Jul 18 , 2026

EL NINO MEETS A REGION EMPTIED BY WAR

Weldu Yiheysh, a farmer in Shibta District of Enderta Wereda in the Southeast Zone, was st...

Featured | Jul 19 , 2026 . By GEBRU KAHSAY and WORKINEH DIRIBSA

A Sack of Cement, with the Chain No One Can See

In the Jemo area of Addis Abeba, Fikremariam Wondimu no longer trades cement so much as ga...

Agenda | Jul 19 , 2026 . By FITSUM TADESSE

Adverse Opinions Pile Up as Addis Abeba’s Budget Hits a Record

Bureaus, agencies and institutions under the Addis Abeba City Administration are sitting o...

Fortune News | Jul 19 , 2026 . By BEZAWIT HULUAGER