Ethiopia Approves 581 Billion Birr Supplementary Budget for 2024/25
In a significant session, Ethiopia’s Council of Ministers convened for its 40th regular meeting, deliberating on a range of pivotal issues that aim to...
PM Dr. Abiy Inaugurates Ethno Mining Gold Factory
Prime Minister Abiy Ahmed (Dr.) today inaugurated the Ethno Mining Gold Factory, constructed in the Gambella Regional State.
In a post on his social media...
Importers Face Delays and Risks in Ethiopia’s New Forex Regime
Floating Exchange Rate Sparks Concerns Over Exchange Rate Risk in Ethiopia
Ethiopia has recently launched a comprehensive macroeconomic reform program to tackle long-standing economic challenges...
Merkato Shuts Down Amid Disputes Over Receipt-Based Trading Requirements
Addis Ababa, Ethiopia – Merkato, the largest commercial hub in Addis Ababa, has seen a significant disruption in its trading activities as a majority...
Ethiopian Airlines Faces Setbacks Due to Boeing Strike but Remains Optimistic About Growth
Addis Ababa, Ethiopia — Ethiopian Airlines CEO Mesfin Tasew has expressed concerns over the impact of Boeing’s recent seven-week machinist strike on the carrier’s...
Residents Ordered to Leave Bishoftu Amid Land Leases to Emirati Investors
In an effort to position the city as an "East African tourism center," reports have emerged that significant portions of land in Bishoftu are...
