May 25 , 2024
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...
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
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...
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...
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...
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...
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...
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...
National dialogue and transitional justice emerged as key themes of the U.S. "foreign policy speech on human rights", addressed by U.S. Ambassador Ervin Massinga last week. He briefed the press on...
May 12 , 2024
The Ethiopian Commodity Exchange (ECX) is considering adding salt to its list as the 24th tradable commodity. Executives are currently conducting feasibility studies and preparing sales contracts...
Staff members from the National Bank of Ethiopia, the Ministry of Trade & Regional Integration and the Ministry of Revenues received a three-day training on data privacy and protection over th...
A 100 million-dollar program to scale up six financial institutions to facilitate digital non-collateral loans to micro, small and medium enterprises (MSMEs) was launched last week. Drawing exp...
Policy voids in the startup ecosystem have ignited discussions among industry leaders, as they seek to unearth opportunities under weak institutional capacity, limited finance and innovation linka...
May 11 , 2024
Emebet Melese (PhD), former vice president of the Commercial Bank of Ethiopia (CBE), has recently taken on the role of president at Nib Bank, succeeding Genene Ruga, who resigned several months ag...
May 4 , 2024
Rising living costs that reduce the purchasing power of stagnant workers' wages prompted leaders of the Confederation of Ethiopian Trade Unions (CETU) to urge a meeting with Prime Minister Abiy Ahmed...
Steel manufacturers' struggles and the impact of duty-free imports on domestic production have caught the attention of parliamentarians. During the Customs Commission's presentation of its nine-mo...
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