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Crisis in Merkato: Fear of Government Crackdown Drives Merchants to Close Shop
Mercato Merchants in Crisis: Fear of Property Seizures Drives Shop Closures
In Addis Ababa’s bustling Mercato, a wave of confusion and fear has swept through...
Addis Ababa Introduces 50,000 Birr Fine for Dress Code Violations in Hotels and Restaurants
Addis Ababa Introduces 50,000 Birr Fine for Dress Code Violations in Hotels and Restaurants
In Addis Ababa, a new draft regulation has been approved, introducing...
Ethio Telecom and MwareTV Launch IGADO+: A New Affordable, Localized Streaming Service in Ethiopia
MwareTV, a Dutch provider of cloud-based TV platforms, has introduced IGADO+, a new video streaming service specifically developed for the Ethiopian market. In collaboration...
Fitch Upgrades Ethiopia’s Domestic Credit Rating Amid Economic Reforms
In a significant development for Ethiopia’s financial landscape, Fitch Ratings announced an upgrade of the country's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) to...
Ethiopian Airlines Partners with South Sudan to Launch National Carrier
Ethiopian Airlines Takes Bold Step in Regional Aviation by Partnering with South Sudan to Establish National Carrier
In a historic move for regional connectivity and...
Wegagen Bank Celebrates Landmark Birr 9.8 Billion Profit, Outpacing Last Year’s Growth by 40%
Wegagen Bank has achieved record-breaking financial performance for the 2023/24 fiscal year, reporting a net income of Birr 9.8 billion and a gross profit...