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Jun 4 , 2022

GROOMERS

Meskel Square is no longer just concrete but has greenery that requires trimming and grooming regularly. Carrying out this task are workers dressed in their characteristic green outfits, largely invis...

Jun 4 , 2022

World Bank Pledges $200m to Advance Technical, Vocational Training

The World Bank Group (WBG) has pledged to support 200 million dollars to advance technical and vocational skills development in Ethiopia. The deal was reached after discussions between officials of th...

Jun 4 , 2022

Ethio Telecom Inaugurates Digital Centres

Ethio telecom opened centres for the teaching of digital literacy across 66 high schools across the country. The Digital Learning Centres, collectively, host over a thousand desktop computers and equi...

Jun 4 , 2022

Ministry, Banks Sign Electronic Tax Agreement

The Ministry of Revenue signed an agreement with five commercial banks to facilitate electronic tax payment system. The Ministry introduced the system to prevent the inconveniences associated with fil...

Jun 4 , 2022

Oromia Region, Sinqe Bank Ink Deal to Control Cement Price Hikes

The Oromia Regional government has inked a deal with companies in the region in an effort to bring down the ever escalating price of cement. The agreement was signed with organisations such as Sinqe B...

Jun 4 , 2022

AfDB Pledges 830,000 dollars to Improve Climate Resilience

Ethiopia will receive 830,000 dollars in grants from the African Development Bank (AfDB) to be used for climate risk management. The fund came from the Climate Investment Funds' Pilot Program for Clim...

Jun 4 , 2022

Banking Sector Loses Nearly Two Billion Birr to Fraud

Commercial banks in Ethiopia lost close to two billion Birr due to fraudulent activities, a study conducted by the Ministry of Justice showed. Carried out based on the information gathered from financ...

Jun 4 , 2022

Coca Cola Inaugurates $100m Bottling Plant

The bottler of Coca-Cola beverages inaugurated its fifth plant in Ethiopia at a cost of 100 million dollars. With its new facility located  in Sebeta town, 25Km west of Addis Abeba, Coca-Cola plans t...

May 28 , 2022

OVERLOAD

A large truck carries a hefty amount of wood, probably for use as construction scaffolding, during rush hour in the Lancia neighbourhood. The small rag tied to the end of the logs is a signal to drive...

May 28 , 2022

PEST CONTROL

Ronald Vijverberg (centre), general manager of Florensis, a company that supplies plants and flowers, speaks during a discussion on biological pest management held at the Hilton Hotel last week. The E...

May 28 , 2022

WELL CONNECTED

Firehiwot Tamiru, chief executive officer (CEO) of Ethio telecom, and Samrawit Fikru, CEO of Ride, at a signing ceremony at the telecom operator's headquarters last week. The deal enables the ride-hai...

May 28 , 2022

Ethiopian, Boeing Seal Freighter Deal

The Ethiopian Airlines Group has ordered five Boeing 777 freighters. The state carrier looks to add the aircraft to its fleet of nine 777 freighters assigned to its network of 66 cargo centres acro...

May 28 , 2022

Flower Farms Push Horticultural Exports to $500m

The export of horticultural products brought in half a billion dollars over the first three quarters of the financial year. It represents a 15pc growth from revenues over the same period last year...

May 28 , 2022

Central Bank Nods to Telebirr Credit Services

Regulators at the National Bank of Ethiopia (NBE) have given the go-ahead to Ethio telecom to launch a proposed micro-loan and credit scheme through its Telebirr mobile money platform. The state-ow...

May 28 , 2022

Injera Exports Reach New Heights

The export of injera brought in 36 million dollars over the first three quarters of the financial year. It is nearly half of the 81 million dollars generated from food and beverage exports over the...

May 28 , 2022

Taxi-Hailing Veteran Banks on Mobile Money

A taxi hailing industry leader has partnered with state-owned Ethio telecom to avail clients a new payment option. Ride's passengers can now use the telecom operator's Telebirr mobile money platfor...


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For Consumers in Addis Abeba, Even Thrift Becomes Expensive

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The Budget Bill Asks the Most from Citizens with the Least Slack


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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 | Jun 20 , 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

For Consumers in Addis Abeba, Even Thrift Becomes Expensive

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

Agenda | Jun 21 , 2026 . By BEZAWIT HULUAGER

AG MESERET MAKES AUDIT MISMATCH HARD TO DEFEND

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

Fortune News | Jun 21 , 2026 . By NAHOM AYELE