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Jan 10 , 2026

Authority Says Nestlé Products Lack Approval, Warns Consumers

The Ethiopian Food & Drug Authority (EFDA) said it has not authorised or licensed the distribution of the Nestlé-branded products in the country. The regulator ordered the immediate suspension...

Jan 10 , 2026

CBE Launches Farm, Livestock Financing Programme in Dire Dawa

The Commercial Bank of Ethiopia (CBE) Dire Dawa City Administration has signed a Memorandum of Understanding with the Dire Dawa Agriculture, Water, Mining & Energy Bureau to extend agricultural lo...

Jan 10 , 2026

Industry, Bank Launch Talks to Solve Credit Bottlenecks for Manufacturers

The Ministry of Industry has held discussions with the Commercial Bank of Ethiopia (CBE) on providing credit to 13 major manufacturing industries. Industry Minister Melaku Alebel said a shortage of...

Jan 10 , 2026

Health Ministry Eyes US-Linked Investment to Strengthen Healthcare

Senior officials at the Ministry of Health met with a delegation from the Ethio-American Chamber of Commerce to explore ways to strengthen Ethiopia's health system and expand cooperation. The Chamb...

Jan 10 , 2026

UAE, Ethiopia Hold Talks on Climate Action, Regional Security

UAE Minister of State for Foreign Affairs Sheikh Shakhboot bin Nahyan held talks with Ethiopian officials on bilateral relations, with a focus on cooperation in climate action, peace and security. ...

Jan 3 , 2026

Ethio telecom Announces Tariff Increase on Select Services

Ethio telecom has announced a price increase on selected telecom services, citing changes in its operating environment. The state-owned operator said the price upgrade was introduced following a revie...

Jan 3 , 2026

EIH Launches Digital Platform for Reporting Corruption, Misconduct

Ethiopian Investment Holdings (EIH) has unveiled an online complaint portal to handle reports of corruption, malpractice, and misconduct within its managed enterprises. The platform enables employees...

Jan 3 , 2026

City Opens 77,000sqm of Land for Third Round of Bidding

Addis Abeba has released 77,000sqm of land for bidding in the third round of the current fiscal year, marking the eighth public land bid since the city resumed the process. The Land Development and A...

Jan 3 , 2026

Addis Ababa Traffic Management Authority Launches Traffic Month

Addis Abeba Traffic Management Authority, in collaboration with the city police, has launched a month-long campaign to curb traffic accidents, following a surge in fatalities. In the city's first qu...

Jan 3 , 2026

Government, Bondholders Agree on Key Terms for Ethiopia's Eurobond Restructuring

Ethiopia has reached a preliminary agreement with a group of international bondholders regarding the restructuring of its one billion dollar Eurobond that is set to mature in 2024, according to an ann...

Jan 3 , 2026

Ethiopian Airlines signs digital partnership with Nucore Technologies

Ethiopian Airlines Group has signed a strategic agreement with Nucore Technologies, a provider of software solutions for back-office automation, integration, reporting, and analytics serving travel ag...

Dec 27 , 2025

Abreham Terecha Appointed CEO of Gadaa Securities Dealer

Abreham Terecha, a former Capital Market Project Manager at Gadaa Bank with ten years of banking experience, has been named CEO of Gadaa Securities Dealer S.C., which is set to evolve into an investme...

Dec 27 , 2025

Tsehay Bank Reports Capital Gains Slower Than Operational Growth

Tsehay Bank's paid-up capital growth remained modest in the 2024/25 fiscal year, underscoring ongoing constraints on the Bank's expansion plans. Paid-up capital reached 1.28 billion Br, a 9.9 pc incre...

Dec 27 , 2025

Ministry of Revenue Clarifies Excise Tax Rules for Tailoring Factories

The Ministry of Revenue has issued a clarification on the excise tax applicable to tailoring services, stating that tailoring factories cannot claim exemption on the grounds of being "service provider...

Dec 27 , 2025

Ethiopian Airlines Secures 27.8 billion Birr Loan to Fund Employee Housing

Ethiopian Airlines has obtained a 27.8 billion Br loan from the Commercial Bank of Ethiopia to fund the second phase of its employee housing program, covering 5,000 homes. The initiative, part of a br...

Dec 27 , 2025

Birr Strengthens Slightly in Special End-of-Year Forex Auction

The Birr appreciated by 0.2 percent in the latest special End-of-Year foreign exchange auction, according to results released saturday. The National Bank of Ethiopia injected 150 million dollars for ...


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T-Bills Trap Begins in the Federal Government's Own Budget

The federal budget tells a troubling story about inflation, debt and reform. The problem i...

Editorial | May 16 , 2026

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "S...

Featured | May 17 , 2026 . By HELINA HADGU

Quiet Campaigns Speak Loudly

Genene Gedebu reached Kucha after the campaign season for the upcoming national elections...

Agenda | May 17 , 2026 . By NAHOM AYELE

Tax Bill Tests the Line Between Compliance, Fairness

A revised tax administration law could bar taxpayers from submitting new evidence during c...

Fortune News | May 17 , 2026 . By NAHOM AYELE