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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Dangote Reaffirms Investment Commitment in Ethiopia After Meeting with PM Abiy

Dangote Group Signals Renewed Commitment to Ethiopia’s Industrial Growth Following High-Level Meeting with PM Abiy Ahmed Addis Ababa, Ethiopia – June 7, 2025 In a major...

Jaquar Group Opens Flagship Bath & Light Showroom in Ethiopia, Reinforcing Commitment to Innovation and Skills Development

"Jaquar is investing in community upliftment through professional training initiatives and certification programs aimed at building a skilled workforce." Addis Ababa, Ethiopia – June 5,...

Ethiopia’s Birr Falls to 134.95 in Latest Foreign Exchange Auction as NBE Continues Biweekly Adjustments

June 5, 2025 – Addis Ababa The Ethiopian Birr fell to a new low of 134.9519 per U.S. dollar in Thursday’s foreign exchange auction, marking...

Ethiopia Proposes Record ETB 2 Trillion Federal Budget for 2025/26 Fiscal Year

In a landmark move signaling the government’s commitment to economic transformation, Ethiopia’s Council of Ministers has approved a historic draft federal budget of nearly...

Ethiopia Enacts Landmark Startup Proclamation to Boost Innovation and Youth-Led Enterprises

Addis Ababa, June 5, 2025 — Ethiopia has taken a significant step toward fostering a vibrant startup ecosystem with the official endorsement of its...

Ethiopia Introduces Sweeping Tax Reforms Targeting Digital Creators, Consultants, and High Earners

Addis Ababa – June 4, 2025 The Ethiopian government has tabled a comprehensive amendment to its federal income tax proclamation, signaling a major shift in...
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