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Universal Music Partners with Local Company for Music Distribution

International music under the Universal Music Group (UMG) will be availed and distributed through a local entertainment company, partnering with Sewasew Multimedia. Globally recognised labels, such...

Nov 20 , 2023

Bank of Abyssinia Climbs Profit Ladder

Shareholders of the Bank of Abyssinia convened at the Interluxury Hotel on Tito Street, as the Bank marks another profitable year, amassing 3.8 billion Br net profits. It is an increase of 18.7pc from...

Nov 20 , 2023

Capital Market Authority Kicks Off Public Consultation

With a series of bills making their way under the Capital Market Authority, a couple of drafts on public offers and participant fees were up for public consultation last week. The session at Skylight...

Nov 20 , 2023

Securities Exchange Leaps to Raising Capital

The capital raise for domestic and foreign investors has officially been opened by the Ethiopian Securities Exchange (ESX), lasting till mid-January. According to Tilahun Kassahun (PhD), the newly app...

Nov 20 , 2023

Capital Accentuates Public-Private Partnerships

African economic conference aimed at private sector attraction to Public Private Partnerships (PPP) was held at the UN Economic Commission for Africa (ECA). The pitfalls and prospects of partnershi...

Nov 20 , 2023

African Development Bank Demands Action Over Alleged Assault by Police

The African Development Bank (AfDB) has lodged a formal complaint with Ethiopian authorities after police detained and physically assaulted its staff members based in Addis Abeba a few weeks ago. O...

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...

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