Business

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...

How Abel Tesfaye Became the World’s Highest-Paid Musician

For the global music industry, 2025 was a year of historic financial shifting. But for Ethiopians everywhere, it...

Disconnected by Design: Why Christopher Nolan and Haile Gerima Reject the Smartphone

In an era where the smartphone is treated as an extension of the human hand, choosing to step...

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...
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PM Abiy Ahmed Unveils Vision for Africa’s Largest Airport and Expanded Fleet

Prime Minister Abiy Ahmed announced that Ethiopian Airlines has placed an order for 124 new aircraft, marking a significant milestone for the airline. “Ordering 124...

Ethiopian Airlines Debunks Eritrean Airspace Ban Rumors Amid Media Claims

Ethiopian Airlines has dismissed recent reports claiming that it has been banned from flying in Eritrean airspace, labeling such information as incorrect. The airline...

PM Abiy Accuses Embassies of Economic Misconduct and Black Market Ties in Ethiopia

Prime Minister Abiy Ahmed (Dr.) today made a bold statement during a parliament address, pointing to unnamed embassies involved in activities he described as...

NBE’s Directive on Fuel Imports Raises Concerns of Increased Activity in Parallel Markets

The National Bank of Ethiopia (NBE) has shifted a significant portion of the foreign currency responsibilities for fuel imports to commercial banks. As part...

Parliament to Review New Urban Land Leasing Decree Allowing Negotiations

A bill allowing the transfer of urban land through lease will be submitted to Parliament. In addition to auctions and allocations of urban land, a...

How Ethiopia’s Floating Birr is Reshaping Trade for Exporters and Importers

Post Floating: Are Businesses Staying Ahead of the Curve? The recent shift to a market-based exchange regime is affecting businesses across all sectors, from small...
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