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Aug 21 , 2023

Customs Commission Clamps Down on Car Imports

Importing vehicles under the guise of returning diaspora or Franco Valuta with extended letters of credit is prohibited, as a letter from Customs Commission Commissioner Debele Kebeta was sent out las...

Aug 12 , 2023

Textile Company Set to Launch Under New Ownership

The sprawling textile manufacturing company formerly known as Ayka Addis is set to begin production under the new banner Buluko Integrated Textile Factory following its purchase by the Oromia Public E...

Aug 12 , 2023

Electric Access Remains Feint Leaving 56m in Dark

The ambitious plan to light up 25 million households in a decade by the Ethiopian Electric Utility (EEU) is undermined as it managed to garner 353,000 new customers in the ended fiscal year. As Eth...

Aug 12 , 2023

ARTSY SCRAPS

A metal vendor around Qera waits for customers under a colourful set. Most steel manufacturers operate at around 10pc capacity with the Ministry of Mines pulling a campaign to substitute import with s...

Aug 12 , 2023

BOUND UP

A fence around the Fel Wuha area put by authorities shuts off several businesses from the main road. The area is famous for its natural hot springs powered by geothermal energy. Despite being endowed...

Aug 12 , 2023

SPIRALLING SPLURGE

A disintegrating pole around the Tikur Anbesa area is a resting spot for tired urbanites. The spirited ambition to embellish the capital with a polished look of a modern metropolis is plagued by weari...

Aug 12 , 2023

Central Bank Greenlights Pioneer Private Mobile Money Platform

As the country makes concerted efforts towards digitisation, Kacha Digital Finance Services receives a nod from the National Bank of Ethiopia (NBE) to commence commercial operations following a year o...

Aug 12 , 2023

Chinese Construction Company Eyes Coffee Exports

China Civil Engineering Construction Corporation (CCECC) plans to enter the coffee processing business at Jimma Industrial Park. Located 360Km from Addis Abeba, the Industrial Park houses several a...

Aug 12 , 2023

Indian Pharma Poised to Make Major Inroads in Ethiopia

An Indian-owned pharmaceutical company that supplies 60pc of the world's malaria and tuberculosis medications shows interest in starting manufacturing at Kilinto Industrial Park. Representatives me...

Aug 12 , 2023

Ethiopia Hosts Its First INDIA-AFRICA ICT Expo

A two-day ICT-EXPO geared towards fostering strong business ties between India and African countries was held at Skylight Hotel, Airport Road last week. Close to 45 ICT companies hailing from India...

Aug 12 , 2023

DHL Ethiopia Passes the Baton

DHL appoint Kidist Teklu Kemeshi as Country Manager in Ethiopia, taking over the helm from Silvio Weiland. Kidist brings over a decade of experience in the logistics sector from having previously s...

Aug 5 , 2023

AUTO CHOP

A body shop for heavy-load freight trucks gleams white around the Qera area. Freight truck drivers that travel long distances towards the Djibouti ports have been suffering from serious damage to thei...

Aug 5 , 2023

CONCRETE JUNGLE

In a spirited effort to change the capital's aesthetics, the campaign to remove tents on the side of the road launched by the city administration reaches the Mebrat Haile condominium. High-minded aspi...

Aug 5 , 2023

MATCHING MEANS

A statue of Emperor Menelik II stands at the eponymous referral hospital located on Russia Street. The 114-year-old hospital was initially funded and staffed by members of the Russian Red Cross. Despi...

Aug 5 , 2023

Millions In Damages To Capital's Roads

Addis Abeba's roads have sustained over seven million Br worth of damages during the ended budget year, according to a report by the city's Roads Authority. Traffic lights, road signs, pedestrian r...

Aug 5 , 2023

Development Bank of Ethiopia Declares a 6.5b Br Profit

Development Bank of Ethiopia declared a 6.5 billion Br profit for the ended fiscal year nearly doubling the figure from last year. The Bank President Yohannes Ayalew (PhD) announced the report last...

Columns

Commentaries | Jun 27,2026

The Rent Law Protects No One Well. Time to Rewrite It.

The federal legislative house rushed through one of the country's most contentious housing...

Editorial | Jun 27 , 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

Soaring Fares Strand Families on Highways

At the sprawling Lamberet Long-Distance Bus Station near Asmara Road, the usual din of eng...

Agenda | Jun 27 , 2026 . By MASTEWAL ZEMENE

Electric Cars Boom Tests Insurers' Petrol-Era Rulebook

A year after federal transport authorities restricted fossil-fuelled vehicles to clear the...

Fortune News | Jun 27 , 2026 . By BEZAWIT HULUAGER