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Sep 2 , 2023

Council Approves over $300m Concessional Loans

The Council of Ministers approved a series of concessional loans from the Italian government and the International Development Association (IDA) during its 24th meeting last week. These loans are c...

Sep 2 , 2023

Ethiopia Offers Safe Harbour to Sudanese Refugees

Ethiopia has housed nearly 300,000 Sudanese refugees who fled the breakout of a five-month-long widespread conflict. The hospitality was commended by the United Nations' designated expert on Human Rig...

Sep 2 , 2023

Prime Minister's Audience with Trade Union a Sign of Change

Following months of unheeded requests by the Confederation of Ethiopian Trade Union (CETU), Prime Minister Abiy Ahmed granted an audience to the members led by their president Kasahun Follo at his off...

Sep 2 , 2023

Customs Tightens Noose on Car Imports Amid Embargo

Vehicles reported under the ownership of returning Ethiopians from abroad will be subjected to 10pc penalties after paying full duties while purported owners need to be physically present for the clea...

Aug 26 , 2023

BALLADS & BEER

Roha Band graces the stage as Heineken Ethiopia introduced a new look to its Bedele Special beer at the Skylight Hotel last week. It has been a formidable force in Ethiopia's beer industry since joini...

Aug 26 , 2023

HOLLOW HEAPS

An abandoned billboard around the Gotera area seamlessly fuses into a food silo next to it, a relic of the communist era in Ethiopia. While food silos are a thing of the past set aside as primitive to...

Aug 26 , 2023

DAILY BREAD

Youth around the Saris area weave bread baskets for sale in a losing battle against inflation. As the federal government aspires to become "self-sufficient", subsidised bakeries like Sheger Bread have...

Aug 26 , 2023

State-owned Logistic Company Endures a Stellar Year

The state-owned logistics powerhouse Ethiopian Shipping & Logistics (ESL) has amassed 42.73 billion Br in revenues and 6.06 billion Br in profits through its shipping, freight forwarding and dry p...

Aug 26 , 2023

Awash Bank Launches Mini Core Solution for Cooperatives

A mini core banking solution targeted at savings and credit cooperatives (SACCOs) was launched by Awash Bank last week, partnering with the United States Agency for International Development (USAID) a...

Aug 26 , 2023

State-owned Insurance Corporation Profitably Marches Ahead

State-owned Ethiopian Insurance Corporation (EIC) sees another profitable year with gross profits soaring to 1.4 billion Br. Its 36th general assembly was held at the Haile Grand Hotel on Asmera Road...

Aug 26 , 2023

Pioneer Fintech Tightens Grip on Digital Finance

Small and medium enterprises (SMEs) foresee collateral-free credit and microloans through the private money platform Kacha Financial Technologies which partnered with a couple of commercial banks to f...

Aug 26 , 2023

Safaricom, Abay Bank Form Strategic Alliance to Integrate Services

Amid M-Pesa mobile money takeoff, Abay Bank strikes a deal to integrate digital money transaction services with Safaricom Ethiopia. It allows both M-Pesa's and Abay's customers to access the servic...

Aug 26 , 2023

Ethiopia's Prime Minister Lauds BRICS Entry as "Major Diplomatic Victory"

Ethiopia's Prime Minister Abiy Ahmed (PhD) lauded the entry as "a pride and victory for Africa" indicating that technology, trade, military, and investment areas are the focus of the partnership with...

Aug 26 , 2023

Addis Abeba Ranks Low in Global Habitability Standards

Poverty, low system delivery and unconventional geopolitical locations have made habitation in Addis Abeba fragmented and inadequate, according to a study conducted by the African Cities Research Cons...

Aug 21 , 2023

PLACEBO EFFECT

Draped in an illuminated vest, a pair of rocks give the impression of a person on the sidewalk around the Kenyan Embassy. The shiny vests have spelt employment in the transport sector for the urban yo...

Aug 21 , 2023

ROUGH MILL

A grain vendor around the Merkato area manually sifts through his peas. Ethiopian grain crops are categorised as cool weather: teff, wheat and barley; and warm weather: corn, sorghum and millet. While...

Columns

Commentaries | Jul 18,2026

Millions Looking for Work. Companies Cannot Find Many to Hire. A Paradox?

Pressed in Parliament on jobs and household incomes, Prime Minister Abiy Ahmed (PhD) offer...

Editorial | Jul 18 , 2026

EL NINO MEETS A REGION EMPTIED BY WAR

Weldu Yiheysh, a farmer in Shibta District of Enderta Wereda in the Southeast Zone, was st...

Featured | Jul 19 , 2026 . By GEBRU KAHSAY and WORKINEH DIRIBSA

A Sack of Cement, with the Chain No One Can See

In the Jemo area of Addis Abeba, Fikremariam Wondimu no longer trades cement so much as ga...

Agenda | Jul 19 , 2026 . By FITSUM TADESSE

Adverse Opinions Pile Up as Addis Abeba’s Budget Hits a Record

Bureaus, agencies and institutions under the Addis Abeba City Administration are sitting o...

Fortune News | Jul 19 , 2026 . By BEZAWIT HULUAGER