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Mar 19 , 2022

ALL-FEMALE BRANCH

Ergoge Tesfaye (right), minister of Labor & Social Affairs, and Melik Bedri, CEO of ZamZam Bank, inaugurate an all-female branch in Mekanissa on March 17, 2022. Dubbed ‘Hajera,' the branch is me...

Mar 19 , 2022

TYRE SHOW

For this tyre shop, there is not much space that could not be used for the display of products. Brand new tyres with gleaming rims are arrayed on the sidewalk to attract customers. On the right is a s...

Mar 19 , 2022

'LET'S WORK' KIOSK

A job-matching company has set up kiosks such as this around parts of Addis Abeba, where job seekers can go in person and turn in their CVs. The company calls them ‘job corners.' The company, Enisra...

Mar 19 , 2022

Revenues Ministry Bags 221b Br in Eight Months

The Ministry of Revenues reports it has collected more than 221 billion Br over the first eight months of the financial year. The figure is around eight percent lower than the 240 billion Br its of...

Mar 19 , 2022

Central Bank Introduces Maiden Directive to Govern Reinsurance

Regulators at the National Bank of Ethiopia (NBE) have introduced their first-ever directive to govern licensed reinsurance firms. Reinsurance firms were previously governed using directives drafte...

Mar 19 , 2022

Research Institute Kicks Off Barley Breeding Programme

The Ethiopian Institute of Agricultural Research has launched a barley breeding programme in hopes of introducing new, high-quality raw barley for malt and beer production. The 950,000 euro program...

Mar 19 , 2022

Bunna Bank Introduces New Look

Bunna Bank has refurbished the logo and brand it has been utilising since its incorporation in 2009. Berry Advertising, a local marketing company incorporated in 2012 with 2.4 million Br in capital...

Mar 19 , 2022

Yegna Home Rolls Out Accommodation Booking Platforms

Yegna Home, a digital hospitality service provider, has introduced a website, an unstructured supplementary service data (USSD) service, and a mobile booking solution enabling tourists and domestic us...

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...


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The Rent Law Protects No One Well. Time to Rewrite It.

The federal legislative house rushed through one of the country's most contentious housing...

Editorial | Jun 27 , 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

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At the sprawling Lamberet Long-Distance Bus Station near Asmara Road, the usual din of eng...

Agenda | Jun 27 , 2026 . By MASTEWAL ZEMENE

Electric Cars Boom Tests Insurers' Petrol-Era Rulebook

A year after federal transport authorities restricted fossil-fuelled vehicles to clear the...

Fortune News | Jun 27 , 2026 . By BEZAWIT HULUAGER