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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 ...

Dec 27 , 2025

Authority, Mediation Center Join Forces on Market Disputes

The Ethiopian Capital Market Authority (ECMA) and the Ethiopian Mediation & Arbitration Center (EMAC) signed a memorandum of understanding last week to enhance dispute resolution within the capita...

Dec 27 , 2025

New Agro-Industrial Parks Mark Step in Manufacturing Development

The Ministry of Industry has identified 17 sites nationwide for integrated agro-industrial parks, building on existing facilities in Bure, Bulbula, and Yirgalem. Announced at an investment forum in Ad...

Dec 20 , 2025

EthSwich Launches EthioPay, Unified Digital Payment Platform

EthSwich has unveiled EthioPay, a national digital payment platform designed to unify all payment services under a single, secure, and accessible channel. Developed over two years at a cost of 10 mill...

Dec 20 , 2025

Siinqee Bank Quintuples Capital, Hits 151 Billion Birr in Assets

Siinqee Bank has raised its subscribed capital fivefold, from 15 billion Br to 75 billion Br, following approval by shareholders at a general meeting held at Sky Light Hotel last week. The bank's t...

Dec 20 , 2025

Enat Bank Reports Pre-Tax Profit Growth in 2024/25

Enat Bank posted a pre-tax profit of 834 million Br in the 2024/25 fiscal year, up 17 pc from 714 million Br a year earlier, according to its annual report. Total assets rose 33.6 pc to 36.4 billio...

Dec 20 , 2025

Over One Million Refugees at Risk as Aid Cuts Bite

Ethiopia's refugee response is at a breaking point, with over 1.1 million refugees at risk of losing access to food, water, healthcare, and education as emergency funding dries up. The country continu...

Dec 20 , 2025

Industrial Park Manufacturers to Sell via ZemenGebeya

An agreement signed last week between Ethio telecom and the Industrial Parks Development Corporation (IPDC) allows manufacturers in industrial parks to sell their products through ZemenGebeya. The...

Dec 20 , 2025

Small-Scale Traders Gain from Landmark Kenya Trade Agreement

Last week, Ethiopia and Kenya advanced cross-border trade as Trade Minister Kassahun Gofe(PhD) signed an agreement with Kenya's Cabinet Secretary Lee Kinyanjui. The pact, stemming from April talks in...


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Every Encounter with the State Should Not Become an Invoice


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Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE