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Radar

Jan 9 , 2024

Governor of Central Bank to Chart Course in BRICS Negotiations

As Ethiopia officially joins the BRICS team, Mamo Mihretu, governor of the National Bank of Ethiopia (NBE), has been appointed as Sherpa, and Mesganu Arega, the State Minister for Foreign Affairs, as...

Jan 9 , 2024

Ministry Unveils Diplomatic Exhibition

A diplomatic showcase is organised by the Ministry of Foreign Affairs set to be inaugurated this week. The timing becomes particularly significant in light of recent diplomatic challenges, such as the...

Jan 1 , 2024

FADING FORTES

Hand-made artefacts for sale around the Arat Kilo area fetch an average of 100 Br. From wall decors to bread baskets, colourful crafts adorn most homes in Ethiopia. As the nation navigates the trouble...

Jan 1 , 2024

PASSIVE PROSPECTS

A bus stop around the Stadium area has been stripped of its protective adornments as the area undergoes renovations. The national football ground was built nearly seven decades ago and has been underg...

Jan 1 , 2024

CALLOUS CONTRASTS

Road maintenance around Mexico Avenue is underway while the nearby dilapidated buildings ossify with time. Addis Abeba has been going through an aesthetic revival in the past few years as new parks an...

Jan 1 , 2024

Dashen Bank Boards Ethiopian Skies

A digital credit service that offers customers post-flight payment modalities for up to a year was launched by Dashen Bank and integrated into the Ethiopian Airlines application last week. The syst...

Amhara Bank Director Warrants Steady Momentum

Amhara Bank's second general assembly kicked off with Board Chairman Melaku Fanta reassuring shareholders that the Bank is financially on a strong footing while issues raised against board directors w...

Jan 1 , 2024

Nib Bank Flaps its Profit Amidst Buzzing Board Challenges

Nib Bank's robust net profits of 1.5 billion Br face a shadowy backdrop as the selection of the Board of Directors necessitated intervention from the central bank. The election process took an unexpec...

Dec 25 , 2023

Misgivings Put AfDB's $1.24b Ethiopia Projects at Stake

The African Development Bank (AfDB) has signalled potential disruptions in its Ethiopian operations, worth an estimated 1.24 billion dollars, blaming safety concerns for its international staff. This...

Dec 25 , 2023

BGI Plans Expansion, Merge Subsidiaries in Bid to Reclaim Market Leadership from Rival Heineken

BGI Ethiopia, one of the country's top brewers, has announced an aggressive five-year expansion plan, aiming to consolidate its four subsidiaries - Meta Abo, Zebidar, Raya, and Castel - into a single...

Dec 25 , 2023

WISHY-WASHY

A row of custodians clean up the Addis Abeba Light Railway System fences around the Megenagna area. While hailed during its inauguration around a decade back as transformative to the capital's transpo...

Dec 25 , 2023

CURTAIN CALL

Top view of the construction of the National Theater expansion project from the 47th floor of the tallest building in the city. Five years into its construction commencement, the 1.5 billion Br projec...

LIQUID SWORDS

Left) Lelise Neme, head of the Ethiopian Investment Commission, Gebremesqel Challa, minister of Trade & Integration, Aklilu Tadesse, CEO of the Industrial Park Development Corporation. Several st...

Dec 25 , 2023

Enat Bank Powers with Half a Billion Profits

Enat Bank delivers a little over half a billion Birr net profit to shareholders gathered at the Millenium Hall with interest income powering nearly 70pc of its revenues. The Bank's total revenue grew...

Dec 25 , 2023

Ethiopian Takes Off $450m Loan From Citigroup

Ethiopian Airlines Group has received a nod from Citi Group for a 450 million dollar loan to buy five new aircraft from Boeing, with two being 777 and the other three 737 Max. Their planned delivery i...

Dec 25 , 2023

Reinsurer Gains Profitable Traction

The sole reinsurance company in the country, Ethiopian Reinsurance, has reported two billion Birr in premiums for the year at its shareholder meeting at the Hilton Hotel last week. The shareholding c...

Columns

Commentaries | Jun 22,2026

The Budget Bill Asks the Most from Citizens with the Least Slack

When Parliament takes up the appropriation bill, federal legislators will receive a docume...

Editorial | Jun 20 , 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

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

Fortune News | Jun 21 , 2026 . By NAHOM AYELE