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Mar 19 , 2022

Ministry Embarks on Drafting Financial Services Code

The Ministry of Justice is preparing a financial services commercial code that had been delayed when other commercial codes were approved last year. Officials say the code was held off as it requir...

Mar 19 , 2022

Nexus Hotel Reopens Doors

Nexus Hotel has reopened its doors seven months after Addis Abeba city officials shut it down for allegedly violating COVID-19 protocols and operating with an expired business license. The shutdown...

Mar 12 , 2022

MARCH 8 AWARDS

On March 8, 2022, Frehiwot Tamiru, CEO of Ethio telecom, celebrated International Women's Day with high school girls of Empress Menen Boarding School. Ethio telecom awarded tablets to students with th...

Mar 12 , 2022

REMEMBRANCE

A procession was held on streets leading towards Mesqel Square to remember the late Abune Merkorios, patriarch of the Ethiopian Orthodox Tewahedo Church, which was attended by followers of the faith....

Mar 12 , 2022

CBE LINE

Customers of Commercial Bank of Ethiopia (CBE) queue at one of the branches on Sierra Leone Street, aka Debre Zeit Road. The biggest bank in Ethiopia with the most number of users, queues are normal a...

Mar 12 , 2022

Sheger Bread Resumes Operation, Prices Jump

Following more than two months of dormancy, the Sheger Bread & Flour Factory has resumed production at its plant in the Akaki-Qality District. However, prices for its subsidised product have jumpe...

Mar 12 , 2022

Cooperative Bank Deposits Top 79b Br

The Cooperative Bank of Oromia reports its total deposits have neared the 80 billion Br mark. Incorporated 17 years ago with a paid-up capital of 112 million Br, the Bank has exhibited impressive g...

Mar 12 , 2022

Gov't Secures 44b Br from Latest T-Bill Auction

The central bank's latest treasury bill (T-bill) auction attracted offers totalling 43.9 billion Br. The National Bank of Ethiopia (NBE) had 20 billion Br worth of T-bills on offer during the auction...

Mar 12 , 2022

UAE Announces $85m Aid to Bolster Humanitarian Operations

The United Arab Emirates (UAE) announced last week it would be disbursing 85 million dollars in aid to support humanitarian operations in Ethiopia. The contribution will be disbursed to several age...

Mar 12 , 2022

Postal Service Continues Bounce Back with 75m Br Profits

The Ethiopian Postal Services Enterprise has announced profits of 74.8 million Br over the first half of the financial year. The figure is 20 million Br higher than what its executives had targeted...

Mar 12 , 2022

Indian Pharmaceutical Inaugurates $5m Plant at Kilinto Park

Glocare Pharma Manufacturing Plc, an India-based pharmaceutical producer, has inaugurated a plant erected in Kilinto Industrial Park at a cost of five million dollars. Located in the outskirts of A...

Mar 12 , 2022

Tana Beles Sugar Factory Goes Online

Tana Beles I Sugar Factory has commenced sugar production operations following trial runs. Inaugurated last June in the presence of Prime Minister Abiy Ahmed (PhD), the factory has the capacity to p...

Mar 5 , 2022

STAIR VENDING

On the rare of a narrow asphalt road in the Saris area, there is a marketplace popular with the community. Consumers can go shop at the marketplace through another area but an opening has also been se...

Mar 5 , 2022

HEALTH EXHIBIT

Melaku Ezezew (right), president of the Ethiopian Chamber of Commerce & Sectoral Associations, and Shri Robert Shetkintong (center), ambassador of India, at the opening of the Ethio Health Exhibit...

Mar 5 , 2022

MARKETPLACE FROM RARE

No area is left unused for very long in city centres. This space under a stair that leads to an elevated railway in Leghar, around the Addis Abeba Stadium, is being used by street vendors to display t...

Mar 5 , 2022

COVID-19 Jab Campaign Hits 20m Mark

Over 21 million people had been vaccinated against COVID-19 as of last week. Health professionals have administered close to 26 million doses of COVID-19 jabs since the Ministry of Health kicked off i...

Columns

Commentaries | Jun 22,2026

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