News
Justice grows dearer as fed courts ready to hike fees
Federal courts are finalizing preparations for the introduction of a regulation that would levy significantly higher verdict fees on petitioners seeking justice for civil...
Long-awaited Army Bank switches to Microfinance
The board of the Ethiopian Army Foundation is looking to establish a microfinance institution, more than a decade after it tabled its initial proposal...
Customs Commission eyes residential plot for new HQ
The Ethiopian Customs Commission is set to erect a new headquarters in the center of Addis Ababa as the Ministry of Finance allots 60...
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Over two-thirds of agriculture credit goes unutilized: report
The majority of agriculture financing loans provided by banks goes unutilized, according to a report from the Ethiopian Agricultural Institute.
An analysis of the credit...
Ministry sets sights on public transport after formalizing freighters
Federal transport authorities are working on legislation that would force existing public transport associations to re-establish themselves as share companies.
The directive follows a similar...
African Development Bank – AfDB demands ‘physical assault’ investigation in Addis Ababa
An investigation into the unlawful detainment and alleged physical assault of two senior staff members of the African Development Bank (AfDB) Addis Ababa regional...
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Ethiopian Airlines places massive order with Boeing
An Ethiopian Airlines purchase order for 67 commercial aircraft with US manufacturing giant Boeing goes down as the largest ever one-time order by an...
Ethiopia adjusts for ‘temporary debt suspension’
- Awaits announcement for temporary solution this month as debt restructuring delays
- Finance State Minister ditches Fitch’s recent report
Officials at Ethiopian Ministry of Finance...
Fed. Gov’t, Armed Group resumes peace-talks, amid military deadlock
IGAD, US, Norway spearhead mediation
The federal government of Ethiopia and the armed forces of self-declared Oromo Liberation Front (OLF-Shane) have resumed peace talks in...
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Authority, fuel dealers lockhorns over perplexing crackdown
The Ethiopian Petroleum and Energy Authority has doubled-down on administrative measures, suspending operations of 40 gas stations for a month, and giving a final...
