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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Ethiopian Airlines Suspends Tel Aviv Flights Amid Heightened Regional Tensions

Addis Ababa, June 16, 2025 — Ethiopian Airlines has temporarily suspended all flights between Addis Ababa (ADD) and Tel Aviv (TLV) until June 22,...

Addis Ababa Approves Record 350 Billion Birr Budget for 2025 Fiscal Year

Addis Ababa, June 16, 2025 — The Addis Ababa City Administration Cabinet has approved a landmark 350 billion birr (approx. $6 billion USD) draft...

Ethiopia at Risk of U.S. Travel Ban Amid Growing Immigration Scrutiny

Addis Ababa, Ethiopia – June 15, 2025 Ethiopia has been named among 36 countries facing potential travel restrictions to the United States, according to a...

Ethiopia Opens Trade Sectors to Foreign Investors: New Directive Unlocks Export, Import, Wholesale, and Retail Markets”

ADDIS ABABA, Ethiopia — June 13, 2025 — In a sweeping policy reform aimed at attracting foreign capital and invigorating the country's trade sector,...

Ethiopia Plans to Unveil 15% New Fuel and Vehicle Taxes to Bolster Public Revenue

The Ethiopian government is preparing to roll out a new set of fuel and vehicle taxes as part of a broader fiscal reform aimed...

Ethiopia Proposes 1.93 Trillion Birr Budget for 2018 Fiscal Year

Addis Ababa — The Ethiopian federal government has presented a draft national budget of 1.93 trillion birr for the 2018 Ethiopian fiscal year, Finance...
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