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Jun 14 , 2026

Addis Abeba Housing Bureau Warns Landlords against Illegal Rent Hikes, Threatens Legal Action

The Addis Abeba Housing Development and Administration Bureau has issued a warning to landlords attempting to impose unauthorised rent increases or carry out unlawful evictions as the residential leas...

Jun 14 , 2026

Development Bank Turns Corner as Profit Hits Eight Billion Br

The Development Bank of Ethiopia (DBE) posted a gross profit of eight billion Br in the first nine months of the fiscal year while repaying 15.6 billion Br in outstanding debt. Total income reached 1...

Jun 14 , 2026

City Audit Uncovers 188 Million Br in Financial Irregularities

The Addis Abeba Finance Bureau has implemented corrective measures on 187.7 million Br in financial irregularities identified across 75 public institutions, as the city grapples with a 350-billion-Br...

Jun 14 , 2026

Siket Bank Enters Commodity Trade Finance

Siket Bank has signed a strategic partnership agreement with the Ethiopia Commodity Exchange (ECX) to integrate its digital payment gateway and introduce warehouse receipt financing for agricultural t...

Jun 14 , 2026

Bureau Disburses Large Compensation for Urban Redevelopment Displacements

The Land Development and Administration Bureau said it has disbursed 15.5 billion Br in compensation to property owners displaced by urban redevelopment projects across the city during the current fis...

Jun 14 , 2026

ESLSE Tightens Spending, Saves Half a Billion Birr and Exceeds Targets

The Ethiopian Shipping & Logistics Services Enterprise (ESLSE) said it has saved over half a billion birr in the past 10 months, crediting the turnaround to strict cost-control measures and target...

Jun 14 , 2026

Authority Launches World Bank Backed Reform for Power Sector Regulation

The Petroleum and Energy Authority (PEA), with World Bank support, has launched a capacity-building programme to address regulatory gaps, modernise infrastructure, and enhance oversight in the country...

Jun 14 , 2026

After Four Years, National Dialogue Heads to Final Summit

The National Dialogue Commission will convene its final national summit on July 15, 2026, in Addis Abeba. Chief Commissioner Mesfin Araya (Prof.) announced the timeline during a press briefing at the...

Jun 7 , 2026

Association Reports Largely Peaceful Vote, Flags Gender Gaps, Registration Issues

The Ethiopian Women Lawyers Association (EWLA) says the 7th National and Regional Elections held on June 1, 2026 were largely peaceful, orderly, and transparent, based on its preliminary monitoring re...

Jun 7 , 2026

ESL Prepares to Launch Full Digital Logistics Platform

Ethiopian Shipping & Logistics (ESL) is finalising plans to roll out a comprehensive digital service platform aimed at reducing bureaucracy and streamlining maritime trade operations. Under its...

Jun 7 , 2026

Ministry of Revenues Reports High Number of Digital Tax Payments

The Ministry of Revenues reported over 281 billion Br collected through its electronic payment platform in the first 10 months of 2026. Elsabeth Ashenafi said the record digital inflow reflects a s...

Jun 7 , 2026

Trade, Finance Alliance Targets Africa's Coffee, Leather Industries

The International Trade Centre (ITC) and Equity Group Holdings have signed a deal to boost inclusive, scalable economic growth in East Africa, beginning with Kenya, focusing on coffee, leather and cre...

Jun 7 , 2026

Eth-Switch Reports Five Billion Br Transaction in Single-Day

Eth-Switch S.C., the country's national payment switch, recorded a milestone after its interoperable instant payment platform, Ethio-Pay-IPS, processed more than one million transactions in a single d...

Jun 7 , 2026

Capital to Host Global Leaders for Africa Trade Development Forum 2026

Africa's heads of state, policymakers, and leading industrialists are set to gather in Addis Abeba on November 23–24, 2026, for the biennial Africa Trade Development Forum (ATDF), co-hosted by the M...

Jun 7 , 2026

Parliament Approves Multi-Million Dollar Pastoralist, Safety Net Loan Bills

Federal Lawmakers unanimously approved a 71.94 million dollar loan agreement with the African Development Bank (AfDB) during its 23rd ordinary session last week. Presented under Proclamation No. 1...

May 31 , 2026

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includ...


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Editorial | Jul 04,2026

The New Gold Standard Comes with a Warning Label


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The New Gold Standard Comes with a Warning Label

In the goldfields of the Benishangul-Gumuz Regional State, Ethiopia's balance-of-payments...

Editorial | Jul 4 , 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

A City Between the Market and the Rules

July has arrived with the heaviest rains of the winter, dark clouds and mist blanketing Ad...

Agenda | Jul 4 , 2026 . By NAHOM AYELE and FITSUM TADESSE

Prime Minister Concedes Health Sector Remains Underprovided

The health sector remains underprovided despite rising public spending, Prime Minister Abi...

Fortune News | Jul 7 , 2026