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Radar

Mar 23 , 2024

Bankers Association Urges Responsible Action

The Ethiopian Bankers' Association, representing 21 banks, expressed disappointment with the lighthearted social media commentary surrounding the recent internal system glitch in the Commercial Bank o...

Mar 16 , 2024

Ex-MetEC Chief Kinfe Dagnew Walks Out

After enduring a lengthy period of incarceration spanning five years and four months, Kinfe Dagnew (MG), the former director general of the Metals & Engineering Corporation (MetEC), was granted re...

Mar 16 , 2024

Parliament Approves Crucial Loan Agreements

Parliamentarians unanimously endorsed a series of loan agreements last week, aimed at advancing development across various sectors. Chief Whip Tesfaye Beljige highlighted the paramount importance o...

Mar 16 , 2024

Gadaa Bank Joins Forces with Commodity Exchange

Gadaa Bank joins the Ethiopian Commodity Exchange (ECX) payment system as the 23rd member. The president of Gadaa Bank, Wolde Bulto, and Mergia Bayisa, the deputy CEO of ECX, solidified the partnershi...

Mar 16 , 2024

Hibret Bank Joins Investors in Stock Exchange

Hibret Bank has emerged as the fifth financial institution to have an equity investment in the Ethiopian Securities Exchange (ESX), with 50 million Br. Signed by Melaku Kebede, the president of the...

Mar 16 , 2024

Investors Navigate Land Acquisition Maze

The labyrinthine nature of land lease procedures and bureaucratic hurdles plaguing investor activity were brought to the forefront last week, with corruption emerging as a significant barrier to land...

Mar 16 , 2024

Global Vaccine Alliance Invests in Ethiopian Cold Chain Facility

An 18 million dollar investment in a cold chain facility, designed to improve vaccine storage and distribution nationwide was committed by the Global Alliance for Vaccine and Immunization (GAVI). The...

Mar 16 , 2024

Private Firms Enter Ethiopia's Logistics Sector

Cosmos Multi-Modal, Tikur Abay and Panafric Global have etched their names in history as the inaugural recipients of certificates for multimodal operations, marking the private sector's participation...

Mar 11 , 2024

Ministry Seeks to Revive Leather Industry

Limited access to finance, infrastructure, raw material shortages, market linkages and promotion were attributed as the long-standing issues plaguing the leather industry as Ethiopia aims to reignite...

Mar 11 , 2024

Abay Bank Unveils New Brand

Marking a significant milestone in its 14-year journey, Abay Bank recently unveiled a fresh brand identity with seven million Birr. Drawing inspiration from the Blue Nile River Falls, executives said...

Mar 11 , 2024

Authorities Eye Humanitarian Response

Several regional states face climate-induced shocks, ongoing conflicts, droughts and floods, prompting a critical discussion between the Ministry of Finance and UNICEF to provide humanitarian aid. Ahm...

Mar 11 , 2024

Ashgoda Wind Farm Blows Back to Life After Civil War Hiatus

Ashgoda Wind Power Station in Tigray Regional State has rekindled its turbines after a three-year lull, marking an addition to the country's renewable energy mix. Kahse Tsehay, the station head, attri...

Vertical Integration Offers Lifeline for Ethiopian Coffee

Challenges of successfully implementing vertical integration strategies prompted lively discussions from stakeholders in the coffee supply chain while championing the approach for boosting coffee expo...

Mar 11 , 2024

Maritime Authority Aims to Break State Monopoly for Dry Ports

A proposal that aims to establish a comprehensive framework for certifying private companies as dry port developers and operators was put forth by the Ethiopian Maritime Authority. It is a significant...

Mar 2 , 2024

DDR Initiative Gets 16m Boost

A 16 million euro initiative to facilitate the disarmament, demobilisation, and reintegration (DDR) of nearly 370,000 ex-combatants was launched last week. Financed by the European Union (EU) the prog...

Mar 2 , 2024

Central Bank Launches Youth Enterprise Forum

A financial education program targeting youth and Medium & Small Enterprises (MSMEs) was launched by the National Bank of Ethiopia (NBE) last week. It aims to equip interested trainees with person...

Columns

Commentaries | May 16,2026

Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "S...

Featured | May 17 , 2026 . By HELINA HADGU

Quiet Campaigns Speak Loudly

Genene Gedebu reached Kucha after the campaign season for the upcoming national elections...

Agenda | May 17 , 2026 . By NAHOM AYELE

Tax Bill Tests the Line Between Compliance, Fairness

A revised tax administration law could bar taxpayers from submitting new evidence during c...

Fortune News | May 17 , 2026 . By NAHOM AYELE