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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Visible gold struck in the first hole drilled at Segele

Ethiopia-focused gold exploration and mining company Akobo Minerals has hit visible gold in its first drill hole at the third mineralization style, 140 m...

How’s Your Business Impacted by the New Excise Tax Amendment?

By Tsegamlak Solomon What Impact Will the New Excise Tax Amendment Proclamation Have on Your Company? The parliament convened last week to ratify the proposed...

CBE Introduces Digital Foreign Currency Remittance Service: EthioDirect

The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect. This move by the CBE is aimed...

Ethiopian Airlines Ups Accra Schedule As Part Of Wide African Expansion

Ethiopian Airlines is in expansion mode. Not just in terms of long-haul routes to Copenhagen, returning after two decades, or Addis Ababa to Atlanta. Crucially, it has...

2.5 Billion Birr Hotel: Haile Hotels and Resorts Inaugurates New Addis Ababa Hotel

The Haile Grand Addis Ababa Hotel, built by the Haile Hotels and Resorts Group, was officially inaugurated in October. The hotel, which is located...

Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars

Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars Today January 26, 2023, the Ministry of Finance...
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