Market

Ethiopia Unveils Landmark Shebele Resort in Push for Regional Tourism Hub

Ethiopia officially inaugurated the Shebele Resort in the Somali Region on Saturday, marking a...

Federal High Court Grants Bail to Teddy Afro’s Assistant Manager and Co-Defendants

ADDIS ABABA — The Federal High Court issued its final ruling this afternoon regarding the bail requests of...

Teddy Afro’s 148 Million-View Triumph Highlights YouTube’s Ethiopia Revenue Problem

The release of Teddy Afro’s latest album, Etorika, has not just been a musical event; it is a...

Teddy Afro’s Associates Arrested, Studio Raided After Etorika Album Breaks Records: What We Know

Ethiopia's most celebrated musician, Tewodros Kassahun — known worldwide as Teddy Afro — is at the centre of...

Made in Ethiopia Earns Emmy Nomination, Spotlighting China’s Industrial Footprint Through Women’s Stories

Addis Ababa, Ethiopia — The documentary Made in Ethiopia has been nominated for an Emmy Award in the...
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Ethiopia Plans Tax on High-Earning TikTokers and YouTubers Under New Draft Law

A new draft regulation prepared by Ethiopia’s Ministry of Finance proposes that digital content creators earning more than two million birr annually from platforms...

Ethio Telecom Announces Tariff Adjustment Amid Rising Costs and Macroeconomic Pressures

Ethio Telecom has announced a modest adjustment to its telecom tariffs, citing rising operating costs and challenging macroeconomic conditions, while emphasizing its continued commitment...

Dashen Bank Reports Record Revenue of 31.4 Billion Birr, Strengthening Its Position in Ethiopia’s Banking Sector

Dashen Bank has announced a historic financial performance for the recently concluded 2017 Ethiopian fiscal year, recording total revenue of 31.4 billion birr—a remarkable...

Safaricom Ethiopia Raises Data Package Prices by Up to 82%,

Safaricom Ethiopia has introduced a significant revision to its mobile internet packages, increasing costs by 20 percent to 82 percent across several daily, weekly,...

ECMA Grants Securities Dealer License to Gadaa Securities,

The Ethiopian Capital Market Authority (ECMA) has issued a Capital Market Service Provider (CMSP) license to Gadaa Securities Dealer S.C., authorizing the firm to...

Dinaw Mengestu Elected President of PEN America as Organization Faces Intensifying Free Speech Challenges

Ethiopian-American novelist Dinaw Mengestu has been elected president of PEN America, taking leadership of the influential literary and human rights organization at a moment...
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