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Mar 7 , 2026

Zemen Insurance Appoints Frehiwot as New CEO

Zemen Insurance has named Frehiwot Alemayehu as its third Chief Executive Officer. Frehiwot brings nearly 19 years of experience in the insurance sector and previously served as Deputy CEO of Awash In...

Mar 7 , 2026

Authority Suspends Fine Packed Water Over Quality Breach

The Ethiopian Food & Drug Authority (EFDA), led by Heran Gerba, has suspended ASSH Packed Water Manufacturing Plc, the producer of Fine Packed Water. The authority ordered the company to immediate...

Mar 7 , 2026

Authorities Intercept Massive Haul of Alleged Illegal Goods

The Ethiopian Customs Commission reported that alleged contraband goods worth more than 820 million Br were confiscated during inspections in the first week of March. Of the total, 796.9 million Br...

Mar 7 , 2026

Yonas Alemayehu Assumes Leadership of MESOB One Stop Centre

Prime Minister Abiy Ahmed has appointed Yonas Alemayehu as the new Chief Executive Officer of MESOB One Stop Service Center, marking a key leadership transition at the city's digital government servic...

Mar 7 , 2026

Ethio telecom, Ericsson Ink Landmark Deal to Modernise Mobile Network

Ethio telecom has signed a landmark agreement with Ericsson at the Mobile World Congress in Barcelona, advancing the country's digital transformation. Under the three-year Next Horizon Strategy, 1,50...

Mar 7 , 2026

ECX Unlocks Finance Through Commodity Collateral For Barley Farmers

The Ethiopian Commodities Exchange (ECX) is implementing a warehouse receipt financing (WRF) system to enhance financial access for farmers, cooperatives, and processors. To date, over 914.2 million B...

Mar 7 , 2026

Education Barriers Fall Under U-GIRLS 2 Project

The U-GIRLS 2 Project, a six-year initiative to break barriers to girls' education in Benishangul-Gumuz, officially concluded last week at Haile Grand Hotel. Launched in 2020 with 14.9 million Cana...

Feb 28 , 2026

Authority Names Rahel Kassa Deputy Director General, Esayas Kassa Moves to DBE

Rahel Kassa has been appointed Deputy Director General of the Ethiopian Capital Market Authority (ECMA), succeeding Esayas Kassa (PhD). Rahel previously served at the National ID Program (Fayda) under...

Feb 28 , 2026

Land Transfers Surge, but Auctions Play Marginal Role in Capital

In Addis Abeba, public land lease auctions have reshaped the city's landscape over the past four years. Nearly 790,000 square meters of land, equivalent to 110 standard football fields, have been tran...

Feb 28 , 2026

New Allocation Rules Seeks to End Fuel Queues, Unfair Distribution

Authorities have mapped illegal practices in the fuel sector, identifying their causes and proposing corrective measures. The existing market share system, under which companies receive lump-sum fuel...

Feb 28 , 2026

Addis Abeba Integrates Fayda National Digital ID Into Residency Cards

Addis Abeba has halted the collection of biometric data for its residential ID card following the integration of the city's registration system with the Fayda National Digital ID rollout. The city...

Feb 28 , 2026

EEP, South Korea Launch Study Program to Modernise Electricity Tariffs

Ethiopian Electric Power (EEP) has launched a joint knowledge-sharing study program with the Government of the Republic of South Korea to modernise Ethiopia's electricity tariff negotiation framework...

Feb 28 , 2026

E-Commerce Sector Poised for Explosive Growth in the Coming Decade

International Market Analysis Research and Consulting Group (IMARC) projects Ethiopia's e-commerce market to reach 234.5billion dollars by 2034, starting this year, following a compound annual growth...

Feb 28 , 2026

Central Bank Moves to Regulate Digital Assets as Crypto Trading Grows

The National Bank Ethiopia has announced that it is working on regulatory frameworks to ensure the safe and orderly participation of stakeholders in emerging digital asset technologies, following grow...

Feb 28 , 2026

NBE Board Approves New External Members for Price Stability Mandate

The National Bank of Ethiopia (NBE) has appointed two prominent economists as external members of its Monetary Policy Committee (MPC). The new appointees are Jonse Bane (Prof) and Tewodros Mekonnen (P...

Feb 21 , 2026

National Bank Auction Sees Birr Appreciate Despite Under Subscribed

The National Bank of Ethiopia's second 500 million dollars special auction in less than a month concluded today, with the birr appreciating to a weighted average rate of 153.2503 per dollar. Total bid...


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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