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Apr 13 , 2025

Awash Insurance Customer Week Discount

Awash Insurance Company(AIC), serving for over 30 years, gives a 25pc discount on Mortgage Redemption Insurance (MRI), Individual Life Insurance, Education Insurance, Workers' Compensation Insurance,...

Apr 13 , 2025

ESX Hopes Partnership with FSD Accelerates Market Development

The Ethiopian Securities Exchange (ESX) has entered into a deal with FSD Africa and FSD Ethiopia to improve the capital market. The partnership was announced in a joint statement released last week. ...

Apr 13 , 2025

City Begins Enforcing New Transport Penalties

City transport officials have begun implementing strict penalties for service providers who fail to comply with new regulations. Drivers who stop service before 10:00pm, deviate from designated routes...

Apr 13 , 2025

Food & Drug Authority Acts against Wheat Flour Producers

The Ethiopian Food & Drug Authority (EFDA) has imposed administrative measures on wheat flour producers and importers for failing to comply with federal requirements to fortify their products. Off...

Apr 13 , 2025

Finance Minister Announces 300b Br Subsidy Budget

Ahmed Shide, the minister of Finance, has disclosed a supplementary budget totaling over 300 billion Br, a quarter before the end of the current fiscal year. The Minister announced this during a meeti...

Apr 13 , 2025

Tripartite Sign Deals to Expand Soybean Value Chain

Ethiopian Trading & Business Corporation (ETBC), Soy Afric Ltd., and Kazana Group have signed a memorandum of understanding (MoU) to improve soybean production, processing, and export from Ethiopi...

Apr 6 , 2025

With New Tariffs, Trump Upends Decades-Old Ethiopia Trade Preferences

The Trump Administration has unexpectedly included Ethiopia in the list of countries subjected to new trade measures, imposing a 10pc levy on Ethiopian imports into the United States while granting a...

Apr 6 , 2025

Unilever Ethiopia Eyes Triple Sales Under New Executive

Unilever Ethiopia plans to triple its annual sales within the next five years, aiming to reach 200 million euros. The growth push is led by 42-year-old Nesibu Temesgen, who took the top job this month...

Apr 6 , 2025

EU Grants Ethiopia a 240 Euro to Support Key Sectors

Financial Assistance Targeted at Agribusiness, Digital Expansion, and Democratic Institutions The European Union (EU) has agreed to provide Ethiopia with a grant of €240 million to support develo...

Apr 6 , 2025

Institute Introduces Marks for Imports Goods

Initiative Aims to Enhance Product Quality and Facilitate Global Trade Integration The Ethiopian Standards Institute (ESI) has announced the upcoming implementation of a new standard mark for impor...

Apr 6 , 2025

Birr Strengthens Marginally Against Dollar as National Bank of Ethiopia Conducts Auction

The National Bank of Ethiopia announces further foreign exchange auctions as demand persists despite currency fluctuations. The Birr was traded at 131.71 against the Dollar during a central bank au...

Apr 6 , 2025

Nationals Contribute 20B Br to GERD Project

Over the past almost decade and a half, more than 20 billion Br has been collected for the construction of the Grand Ethiopian Renaissance Dam (GERD), disclosed the project coordination office. Of thi...

Mar 30 , 2025

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Mi...

Mar 30 , 2025

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The Nat...

Mar 30 , 2025

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to me...

Mar 30 , 2025

Ethiopian Airlines to Introduce Electric Air Taxis for City Travel

Ethiopian Airlines has made a 30-million-dollar deal with Archer Aviation to bring electric air taxis to the country. The airline plans to use Archer's "Midnight" aircraft to create a new, faster way...


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Editorial | Sep 06,2025

Ethiopians Celebrate Big Dreams, While Everyday Realities Cast Shadow


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Ethiopians Celebrate Big Dreams, While Everyday Realities Cast Shadow

The dawn of a new year is more than a simple turning of the calendar. It is a moment heavy...

Editorial | Sep 6 , 2025

Holiday Bazzars Reveal a City Split by Price, Policy, and Public Mood

At the heart of the city, the Zemen Gebeya New Year bazaar inside the Exhibition Hall behi...

Featured | Sep 7 , 2025 . By AMANUEL BEKELE

As Holidays Near, Addis Abeba's Markets Thrum with Hope, Hardship

As the holiday nears, the markets of Addis Abeba thrum with anticipation and anxiety. In t...

Agenda | Sep 7 , 2025 . By AMANUEL BEKELE

Addis Abeba's Land Auction Spurs Bidding Frenzy During Affordability Concerns

Addis Abeba's sixth public land lease auctions after a five-year pause delivered mixed sig...

Fortune News | Sep 7 , 2025 . By NAHOM AYELE