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Jun 1 , 2024

Abinet Gebremesqel Released from Prison after Corruption Charges Dropped on Health Grounds

Abinet Gebremesqel was released from Qality Prison, ending an eight-month detention period. Federal Prosecutors at the Corruption Crimes Investigation Unit dropped their charges against Abinet and fou...

Jun 1 , 2024

Gold Export Figures at Odds

A conflicting set of data emerges on gold exports in the nine months of the current fiscal year. According to the Ministry of Mines report 274 million dollars was earned during the period which showed...

Jun 1 , 2024

Africa's Glitzy Growth Numbers Mask Empty Plates

In a compelling address, Akinwumi Adesina (PhD), president of the African Development Bank (AfDB) Group, made a striking point: people do not eat GDP. His argument was anchored on the crucial need to...

May 25 , 2024

Mobile Apps Streamline Container Handling

A Chinese private logistics company availed its multilingual mobile applications designed to streamline container handling processes for local businesses. Dubbed arl-shipping.com, the apps are availab...

May 25 , 2024

Private Investment Takes Flight in Aviation Industry

Local private operators received the green light last week to expand their services beyond charter flights, offering regular passenger and cargo options. This move by the Ethiopian Civil Aviation Auth...

May 25 , 2024

Safaricom Ramps Up Network Expansion with Locally Made Poles

Safaricom Ethiopia has initiated a three-month procurement process to acquire a total of 68 poles from Woda Metal, the first telecom pole manufacturer in the country. The initial batch of 13 poles was...

May 25 , 2024

Data Hubs Fuel State Power Seller's Revenues Engine

Ethiopian Electric Power (EEP) has garnered over half a billion Birr in revenues over the past nine months through power sales to data mining companies. While the initial announcement mentioned "data...

May 25 , 2024

PM Swaps Defense Minister with Irrigation

Aisha Mohammed, a civil engineer with studies in transformational leadership, returns to the helm of the Defense Ministry. She previously held the position for a brief period in 2018, during the Prime...

May 25 , 2024

Ministry Eyes Infrastructure, Data Tracking

As the government propels towards a tourism-led economy, infrastructure development to destinations and a system to track the sector's contribution to GDP were identified as points of improvement...

May 25 , 2024

Parliament Calls for Industry Funds Accountability

Parliament is urging the Ministry of Industry to be more transparent and accountable in its allocation of financial support to industries. During a review of the Ministry's nine-month performance repo...

May 18 , 2024

Ministry Ponders Tax Waivers for Rural Energy Solutions

Tax exemptions for off-grid energy technologies like solar pumps and mini-grids are under discussion, spearheaded by the Ministry of Water & Energy. Commonly used by rural households, official...

May 18 , 2024

Rural Land Proclamation Comes to Light

A landmark legislation that grants title holders in rural areas the right to use the property as collateral was unanimously ratified by Parliament last week. It primarily focuses on extending acce...

May 18 , 2024

Ethiopian Unveils $50m Domestic Terminal Renovation

With a rising demand for domestic travel, Ethiopian Airlines has renovated its terminal at Addis Abeba Bole International Airport with 50 million dollars to handle customers. The expanded terminal...

May 18 , 2024

Electric Vehicle Charging Rules Take Shape

A bill proposing technical standards, licensing requirements, and safety measures for electric vehicle (EV) charging stations was up for public consultation two weeks ago. The proposed regulations...

May 18 , 2024

Lawmakers Contemplate Easing Export Rules to Boost Trade

Ethiopia aims to revitalise its export sector with a revised export incentive policy. A bill that proposes a 40pc reduced penalty on unused duty-free raw materials made it to the Standing Committe...

May 18 , 2024

IMF Signals Progress in Talks with Ethiopia

The International Monetary Fund (IMF) reported "substantial progress" last week on its negotiations with Ethiopia for a potential multi-billion dollar economic support package. Julie Kozack, commu...


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Addis Abeba's Setback Rules Leave Homes Flattened, Voices Silenced

Getachew Reda's return to the national stage was always going to stir attention. Once at t...

Editorial | Sep 20 , 2025

Digital Payments Reshape Economy While Service Workers Lose Out

The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

After the Exam Shake-Up, a Generation Left Behind

Haimanot Yonas discovered her exam result at dawn last week, squinting at a flickering pho...

Agenda | Sep 21 , 2025 . By NAHOM AYELE

Eyob Steps into the Hot Seat with Reform on His Mind

Eyob Tekalegn (PhD) assumed the governorship of the National Bank of Ethiopia (NBE) last w...

Fortune News | Sep 21 , 2025