FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



Speeding in the Spotlight as New Safety Drive Begins


Speeding in the Spotlight as New Safety Drive Begins

The Road Safety and Insurance Fund Service has stated that drivers are responsible for 68 percent of traffic accidents in Ethiopia, with the remainder mainly caused by pedestrians and road conditions. On this topic, the service launched a one-month mass media campaign on last week focused on raising awareness about speeding, the leading cause of traffic accidents. The campaign, under the motto "Slow Down, Speeding Ruins Lives," plans to shed light on the dangers of speeding. Yohannes Lemma, Executive Director of the Road Safety and Insurance Fund Service, noted that while Ethiopia has a relatively low number of cars, the country faces a high rate of traffic accidents. Last year, 67,633 cars were imported, while there were 46,571 accidents and more than nine daily fatalities. He explained that higher speeds reduce a driver’s ability to control a vehicle, increasing the severity of accidents. Slowing down is crucial to reducing both the frequency and severity of crashes. Yohannes further emphasised that many accidents occur on well-maintained roads rather than poor infrastructure. He explained that speed can turn a minor accident into a fatal one, whereas a slower-moving vehicle is less likely to cause severe damage. "Speed kills," he said, urging drivers to adhere to speed limits. Road fatalities in Addis Abeba decreased slightly from 408 in 2022/23 to 401 in 2023/24, alongside a 3 percent reduction in injuries. Pedestrians accounted for the majority of fatalities, with men making up 78 percent and those aged 20-39 comprising 45 percent. Most fatal accidents occurred between 6:00pm and 10:00pm, with Saturdays accounting for 15 percent of deaths. Speeding contributed to nearly half of all fatal accidents. The campaign launch was attended by stakeholders and media outlets, including CEO Jamal Abbaso.

[ssba-buttons]

Radar

Customs Commission Puts Government Transactions on Mesob

Public institutions must now process customs-related transactions through Mesob, a new electronic platform introduced to reduce manual procedures in government trade operations. The Customs Commission has directed the institutions to use the platform for customs clearance, transit processing, import and export procedures, transaction verification, and related services. Mesob became operational for public institutions on July 20, 2026, for customs services. Institutions must complete intern...


Radar

Addis Grants Extra Month for Residential Lease Renewals

Lessors and tenants in Addis Abeba have an extra month to renew residential lease agreements after the City Administration extended the registration deadline from August 6 to September 5, 2026. The Addis Abeba Housing Development & Administration Bureauattributed the extension to public requests for more time. Officials said it would ease congestion at registration centres and allow residents to complete the process more conveniently. The renewal exercise began in early July, following...


Radar

Government Procurement Goes Digital with 597b Br Turnover

More than 597 billion Br in government purchases passed through Ethiopia's electronic procurement platform during the 2025-2026 fiscal year, widening the use of digital systems in public finance. The platform was used by 172 federal institutions and 196 affiliated entities during the year. More than 135,000 suppliers were registered to provide goods and services through the system, which is intended to improve transparency, accountability and efficiency in public procurement. The governmen...