The looming scarcity of essential imported materials has overshadowed traditional weaving in Addis Abeba. Weavers recall a time when Timqet festivities meant a flurry of orders in the northern outskirts of Shero Meda. They once earned at least 2,000...
Jan 19 , 2025
The family of the late Hailu Shawel, a civil engineer and a prominent opposition leader, is embroiled in a high-stakes lawsuit over assets allegedly worth billions of Birr. His widow and several child...
Jan 19 , 2025
Last week's foreign exchange postings from commercial banks offered a revealing glimpse into currency market pressures. Most banks opted to keep their buying rates below the 125 Br mark, even as a han...
Jan 19 , 2025
Cooperative Bank of Oromia (Coop Bank) finished a demanding year in 2023/24, holding on to moderate profitability and widening its presence, manifestations of the Bank's strengths and recent struggles...
Jan 19 , 2025
The edible oil industry is on the brink of collapse, with the number of fully operating factories pl...
Jan 19 , 2025
Pharmaceutical manufacturers have underperformed, failing to deliver 4.1 billion Br worth of medicin...
Jan 19 , 2025
A recently passed Health Service Administration & Regulation Proclamation legalises the donation...
Jan 19 , 2025
Asamenew Arba, a weaver operating from a building housing micro enterprises near Shero Meda in northern Addis Abeba, faces severe difficulties in his trade due to the scarcity of essential imported materials like pattern threads. He says that the...
Jan 19 , 2025
Adanech Abebie, the mayor of Addis Abeba, addressed last week a warm-up session for her party's upcoming convention, urging cadres of the Prosperity Party - Prosperitians - to embrace what she described as “broad and inclusive” gains. Her asserti...
Jan 18 , 2025
Mulatu Astatke, the creator of Ethio Jazz, views music as a science, much like chemistry, where sounds combine to form melodies and harmonies. Mulatu's unique style blends Ethiopian musical modes with jazz, funk, Latin rhythms, and even psychedelic rock. He says that the "bottom" of his music is alw...
Jan 19 , 2025
An average of hours in a year rural households in Ethiopia spend collecting firewood, a mark of social inequities in energy access. This equals approximately 5.5 months of full-time work a year, disproportionately affecting women and children. These households depend on biomass, accounting for 72pc of energy consumption.
Jan 19 , 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
Central Bank Governor Mamo Mihretu characterised a series of monetary policy overhauls, most notably the liberalisation of the foreign exchange regime. The reforms depart from longstanding controls, demonstrating his bid to modernise the financial sector and stimulate economic growth.
Some bands define a generation and leave a lasting mark, becoming anthems for their time. The Beatles, a renowned group from the 1960s to the late 1980s, hold the record for 180 million cert...
Jan 18 , 2025