Traditional coffee vendors in Mesalemia neighbourhoods embody a dilemma now playing out across the capital. Within a week, bean costs soared by 100 Br from 650 Br, forcing them to charge 25 Br a cup, an unwelcome hike for consumers. Daily sales have...
Mar 16 , 2025
A new directive is beginning to shake up the tax regime with tougher penalties for non-compliance. Federal tax authorities are claiming to fight under-reporting and boost revenue collections. Under Ay...
Mar 16 , 2025
An escalating divergence in the foreign exchange market is rattling confidence in the Birr, (Brewed Buck), as banks aggressively compete amid acute shortages of foreign currency. Despite recent interv...
Mar 16 , 2025
ZamZam Bank demonstrated measured growth and cautious risk management, placing it in a strong position within the niche Sharia-compliant market it pioneered as a fully-fledged interest-free financial...
Mar 16 , 2025
In an unambiguous policy shift, the federal government has granted operational licenses to three com...
Mar 16 , 2025
Local authorities in towns across the Amhara Regional State have begun enforcing newly revised tarif...
Two years after the civil war left Tigray Regional State in ruins, a contentious effort to rebuild t...
Mar 16 , 2025
Addis Abeba's coffee culture is under siege as soaring prices ripple through every level of the market, from humble street vendors to bustling market stalls. Fantu Welde, a traditional coffee pot vendor in Mesalemiya, is one example. She is forced...
Mar 16 , 2025
Ask anyone about the population of Addis Abeba, and a straightforward answer proves elusive. Wikipedia claims the city's population reached 5.7 million this year. Worldpopulationreview.com, however, puts the figure at nearly six million. The UN's Hum...
Mar 16 , 2025
Charged with transforming colossal state-owned enterprises into modern and competitive powerhouses, the sovereign wealth manager, Ethiopian Investment Holdings (EIH), is at a defining moment. At the helm is Brook Taye (PhD), its third CEO since its founding in 2020, whose vision departs from convent...
Dec 22 , 2024
The value in Birr an individual needs annually to buy a basket of food that provides the minimum nutritional requirements. Close to 17pc of urban households are unable to afford this.
Mar 16 , 2025
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...
Oct 3 , 2020
Payton Knopf, a former US deputy special envoy for the Horn of Africa, and Alexander Rondos, previously the EU’s special representative for the region, have called on leaders from the Western countries and the Gulf States to intervene before hostilities break out between Ethiopia and Eritrea. Writing in Foreign Policy, the two veteran diplomats warned that tensions risk escalating into open conflict if an international effort defuse the situation pre-emptively.
My first encounter with GebreKristos Desta's work was through his poem Yemejemeriaw Ken (The First Day). The verse brief and direct, rapidly escalates toward the climax of the story. In fewe...
Mar 16 , 2025
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