Business
Legal framework in pipeline to guide investment locations, infrastructure...
A new legislation dubbed the National Spatial Development Framework is underway to guide investments and infrastructure development based on...
Gov’t maintains 30% excise tax on saturated fat imports
Ethiopia’s Parliament has decided to disregard a proposal to lift excise duties on imported saturated fat, reinstating the item's...
MOENCO loses $36.8 million due to Ethiopia’s “hyperinflationary economy”
"Hyperinflation" in Ethiopia forces the country's largest vehicle supplier, the Motor & Engineering Company of Ethiopia Limited S.C., to...
ECX considers trading cement
Cement will be added to the list of commodities traded at the Ethiopia Commodity Exchange (ECX) if the move...
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Forex rush disrupts meat export
A scramble for foreign currency by non-abattoir meat exporters has left meat-producing and exporting companies in dire straits. The...
Bidders invited, fertilizer plant consultant tender fails
Mining Ministry plans to pick prospective companies directly
Ethiopia's plans to build Ethiopia’s first natural gas-based fertilizer plant were set...
Draft proclamation cuts validity time for exploration, mining permits
A draft proclamation meant to govern the mining sector shortens the duration of exploration and mining licenses granted to...
Security concerns cripple sesame trade
Unresolved security concerns have resulted in a drop in the volume of sesame traded at the Ethiopian Commodity Exchange...
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Drop in global coffee prices forced Ethiopia to default...
Nation loses 133 million in export proceeds
Ethiopian coffee exporters have defaulted on 394 coffee export contracts since October 2022.
The...
Logistics firms, exporters outraged over Djiboutian authorities ‘anomalies’
No official complaints received, says Ethiopian officials in Djibouti
Ethiopian logistics companies and exporters blame Djiboutian authorities of imposing unprecedented...