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Jul 30 , 2022

CLEAN UP

In front of Sheraton Addis, workers fix the small compound, removing the weeds and trash like plastic containers. The area is part of Addis Abeba were major rehabilitation work is being conducted to m...

Jul 30 , 2022

END OF DAYS

Workers are demolishing the top part of a structure considered a landmark in the National Theatre area. The building, Bego Adragot, is one of the oldest built in Addis Abeba and has been housing recog...

Jul 30 , 2022

WARMING THE SEASON

A vendor is displaying hats and scarfs near a foot-traffic-heavy area of Mexico. Such accessories are popular in the rainy season, especially as it becomes colder every year. A seasonal trade, prices...

Jul 30 , 2022

Fed Transfers 35b Br in Taxes to Regional Admins

The federal government has transferred close to 35 billion Br in revenues collected from taxes to regional administrations. The amount was determined by an income distribution formula set out for t...

Jul 30 , 2022

IMF Lowers Global Economic Growth Forecast

The International Monetary Fund (IMF) has lowered its global economic growth forecast to 3.2pc. The forecast comes against the backdrop of an ongoing global economical crisis due to combination of fac...

Jul 30 , 2022

Customs Commission Offers Reprieve for Clearing Agents

The Ethiopian Customs Commission has granted customs clearing agents a final chance to renew their permits after paying a penalty. Agents and the Commission have been at odds over a directive that...

Jul 30 , 2022

Ethiopian Airlines Places Landmark Airbus Order

The Ethiopian Airlines Group has ordered for A350-1000 aircraft from Airbus. The deal is an upsizing of a previous agreement between the two companies for 22 A350-900 aircraft. Sixteen of these hav...

Jul 30 , 2022

Kenya Inks Power Export Deal

Ethiopian Electric Power and the Kenya Power & Lighting Company Plc have signed a power purchase agreement for the sale and purchase of 200mw of energy in the first phase of a power export deal. ...

Jul 23 , 2022

FACE LIFT

Colourful street art adorns the part of a bridge in Megenagna in an often crowded and aesthetically dull area. It is an effort being undertaken to make the road infrastructure pleasing to the eye, if...

Jul 23 , 2022

CLEAN RAIL

Female workers are clearing the space around the part of the Light Rail in Lancia. In the rainy season, grass under and around the rails grows rapidly, not to mention the usual refuse thrown by passer...

Jul 23 , 2022

DIGITAL PARTNERSHIP

Fintan Byrne (centre), President of CR2, a digital banking services company, introduced Teferi Mekonnen (right), CEO of Oromia Bank, to staff during a signing ceremony at the Sheraton Addis on July 2...

Jul 23 , 2022

FAO Begins Fertiliser Distribution in Tigray

The Food & Agriculture Organisation (FAO) has delivered 262tns of fertilisers to farmers in the Tigray Regional State. It is the first batch of 19,300tns secured by the agency and partners to p...

Jul 23 , 2022

Year's First T-bill Auction Garners 16.5b Br in Bids

The central bank's first auction of treasury bills (T-bills) in the new fiscal year saw 16.5 billion Br in bids. The government-guaranteed bonds are auctioned off bi-monthly to financial institutio...

Jul 23 , 2022

Top Private Banks Cement Lead with 19b Br Profits

The three leading private commercial banks registered over 19 billion Br in profits before taxes in the fiscal year that ended earlier this month. Awash Bank remains the industry's top dog with clo...

Jul 23 , 2022

City Revenues Bureau, Ethio telecom Ink Telebirr Tax Platform Deal

The Addis Abeba Revenues Bureau has partnered with the state-owned Ethio telecom to enable small businesses to pay taxes through the latter's mobile money platform. The Bureau categorises around 3...

Jul 23 , 2022

UN Report Foresees Growing Food Insecurity in Horn

A study backed by the World Food Programme (WFP) and the Food & Agriculture Organisation (FAO) predicts that over 50 million people in East Africa will face acute food insecurity this year. An...


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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 |

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

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For Senayit Bekele, the day's rhythm begins at a vegetable stall. The lunchtime crowd spil...

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AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

Federal and regional authorities have spent months urging taxpayers to pay more into the t...

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