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Dec 12 , 2023

Former Diplomat Returns to Aviation

Boeing has appointed Henok Teferra as its managing director for Boeing Africa, headquartered in Addis Abeba . With post graduate degree in international economic law from the University of Paris, H...

Dec 12 , 2023

Tigray Chamber Pleads for Loan Waivers

Representatives of the business community in the war-torn Tigray Regional State plead for a write-off to interest on loans amounting to 31 billion Br borrowed by several businesses. Members from th...

Dec 12 , 2023

Investment Holdings Charts Profitable Course

Ethiopian Investment Holdings (EIH), has garnered 250 billion Br in revenues, where three of its 26 companies contributed a third of the figure. National carrier Ethiopian Airlines, the Commercial...

Dec 2 , 2023

DREARY LANES

A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destr...

Dec 2 , 2023

PLUMPY HUMPS

A trio of donkeys drag along the main road in front of Menlik School around the Arat Kilo area. While the four-legged domestic animal is a venerated member of the Ethiopian labour force, its skin and...

Dec 2 , 2023

IMPROMPTU AISLES

A bustling market emerges under a bridge in the boroughs of the Bole Michael area. Addis Abeba City Administration has launched a series of aesthetic initiatives embalmed in themes of beautification a...

Dec 2 , 2023

Oromia Insurance Ascends to Profitable Heights

Oromia Insurance collected total gross premiums of 1.7 billion Br for the ended year, signalling a sizeable market share in Ethiopia's budding insurance sector. The 15-year-old Company has 1,213 share...

Dec 2 , 2023

Switch Operator Flicks Lucrative Counts

A switch operator under a consortium of six commercial banks, Premier Switch Solutions netted 41.4 million Br profits for the ended year, a 165pc increment from the preceding year. The operator man...

Dec 2 , 2023

Commission Lauds Averting Near Billion Birr Worth Corruption Cases

Officials at the Federal Ethics & Anti-corruption Commission laud preventing a staggering 812 million Br possible losses, during the first quarter report to parliament last week. Commissioner S...

Dec 2 , 2023

Zemen Bank Storms Higher Echelons

Zemen Bank has carved a formidable presence in the financial landscape, managing to cross the five billion Birr paid-up capital threshold put forth by the central bank. Shareholders gathered for th...

Dec 2 , 2023

Ahadu Bank Navigates Inaugural Year

Ahadu Bank sustained a 267 million Br loss in its first year of operation through its 75 freshly opened branches. The Bank managed to mobilise 2.03 billion Br in deposits while disbursing 924.6 millio...

Dec 2 , 2023

Berhan Bank Dims Financial Year Course

Berhan Bank shareholders had little to smile about during the annual general assembly, learning that their profit earnings for the year hung by a thread. The Bank has netted 508.6 million Br profit fo...

Nov 27 , 2023

BEARISH STROLLS

A street vendor around Chechnya sells colourful giant teddy bears. Theatrical spectacles with evading street vendors and officials from the Code Enforcement Authority are ubiquitous across the streets...

Nov 27 , 2023

HEAVY SYNC

Daily labourers around Qaliti attempt to lift a portion of a giant 16-wheeler truck that was in an accident. A recent decision by the Ethiopian Customs Authority to deny clearing procedures for import...

Nov 27 , 2023

MARCHING BLOCKS

Renovations around the soon-to-be-inaugurated Adwa Zero Km museum around Piazza kick up in gear. The museum is an integral element of a series of mega projects in the capital carefully watched over by...

Nov 27 , 2023

Capital Hosts International Oilseed, Pulse Conference

Oilseed and pulse exporters from more than 20 countries gathered in one room at the 12th Oilseed International Conference held in the capital for two days at Sky-light Hotel, organized by the Ministry...


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The Capital Market May Be Too Shallow to Swim In. Beware.

Banks have a new obsession. After decades chasing deposits and, more recently, digital ban...

Editorial | Aug 23 , 2025

Ashenda Grows Louder

The late-season drizzle that falls on Addis Abeba each August does little to dampen the mo...

Featured | Aug 23 , 2025 . By RUTH BERHANU

Torn Tarps, Fractured Hope

Around dusk during the first week of August this year, dark clouds blew over the craggy ri...

Agenda | Aug 23 , 2025 . By YITBAREK GETACHEW

Regulators Tighten the Noose on Fuel Market

The fuel industry is facing its biggest shakeup in decades as federal regulators roll out...

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