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Nov 20 , 2023

Prime Minister Accents Annual Packs

Last week's parliamentary session highlighted a collected discourse on the federal government's ambitious plan to advance technology and capital market in the year. A possible share offering of sta...

Nov 11 , 2023

Nile Insurance's Profits Tide High

Nile Insurance has registered another growth year, earning 329.7 million Br in gross profit as it marked its 29th general assembly last week. Board Chairman Mehari Alemayehu highlighted the Company...

Nov 11 , 2023

Capital Hosts Fashion Week

Over 300 exhibitors gathered in the capital to showcase domestically manufactured products under the "Made in Ethiopia" theme last week. Melaku Alebel, Minister of Industry, revealed that policy re...

Nov 11 , 2023

Water Ministry Taps into Digital System

Offices of Water & Energy will be integrated to exchange data as part of boosting service delivery by digitising water metring for customers. Ethio telecom is tasked to install the digital infr...

Nov 11 , 2023

Standard Institute Adds Moringa Plant to its Fold

Quality standards were given to the Moringa tea and powder by the Ethiopian Standards Institute (IES) considering its significance on rural livelihoods. Yilma Mengistu, development director, sugges...

Nov 11 , 2023

Ministry Foreshadows Regional Energy Integration

With a 15pc average energy growth rate through the years, the ambition for regional energy integration with neighbouring countries Sudan, Kenya and Djibouti was indicated by officials at the Ministry...

Nov 11 , 2023

UK Bolsters Borderland Security Near Ethiopia with Millions

The security concerns in the Ethiopia-Kenya-Somalia border foresee a 10 million pound peace program to be implemented over the next three years. Financed by the United Kingdom, the project dubbed ...

Nov 11 , 2023

Board Moves to Nominate Replacement for National Election Chair

A 10-day window to nominate the chairperson for the National Election Board begins this week. In a quest to find a replacement for Birtukan Mideksa, former chair, who resigned citing health concern...

Nov 11 , 2023

Navigate New Rules or Hit the Road: Trade Minister Tells Khat Exporters

Gebremeskel Challa, Minister of Trade & Regional Integration (MoTRI) has ordered all khat exporters to undergo a re-registration process within the next three weeks. This sweeping reform he announ...

Nov 4 , 2023

STATIC BATTALION

Rainproofed mannequins around the Hayhulet area stand out amidst a row of boutiques selling garments and textile products. Declining exports from industrial parks experiencing the protracted consequen...

Nov 4 , 2023

GOOFY PLUGS

An electronic board around Merkato is used to hang printed advertisements. Aside from a recent directive by the Addis Abeba Construction Permits & Control Authority, there has been minuscule regul...

Nov 4 , 2023

PARCHED BATCHES

An aged lorry carries a pile of crushed plastic bottles to a recycling factory around the Gebrael area. With close to 15 million liters of bottled water consumed every day in Ethiopia, concerns over b...

Nov 4 , 2023

Ethiopian Securities Exchange Appointsits Lead

A month after unveiling its board of directors, the Ethiopian Securities Exchange appointed Tilahun Kassahun (PhD) as its Chief Executive Officer during their first head-on meeting last week. Tilah...

Nov 4 , 2023

Awash Launches Electronic Outlets

Awash Bank executives inaugurated three virtual branches in Addis Abeba and Adama (Nazareth) cities last week. Most banking services including statement printing, creating an account, cardless tran...

Nov 4 , 2023

State-owned Interest-Free Banking Marks a Decade

An interest-free banking service provided by the Commercial Bank of Ethiopia (CBE) recently celebrated its 10th anniversary. CBE Noor amassed 98 billion Br in deposits, with a network of 1,934 bran...

Nov 4 , 2023

Ethiopian Airlines Powers Self with New Plant

Ethiopian Airlines inaugurated its nine million dollars worth of electrical power plant near the Bole Airport terminal last week; five years after its inception. Two transformers of 40MW each are s...


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

Editorial | May 9 , 2026

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Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

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Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

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Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE