Sudden inspection puts dairy products out of reach
A liter of milk sees 87 percent price hike in less than a month
A sudden inspection by authorities leads to a spike in price...
Inflation overshadowing festivities
Easter and Eid al-Fitr, the two holidays marking the end of fasting seasons observed by the Christian and Muslim faithful respectively, are being observed...
Ministry green lights fuel transporters 42% profit margin adjustment
It will cost the gov't 300 million birr in additional budget a month
Effective early May 2022, the Ministry of Transport and Logistics has agreed...
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Condom prices quadruple as shortage recurs
Amhara region faces critical shortage of condom
The price of condoms saw a four-fold increase since last month, costing as high as 40 birr a...
GPS scarcity casts shadow on fuel subsidy for Public Transporters
The shortage of GPS devices that have fuel sensors is feared will be an obstacle for the price discrimination that is going to be...
Ethiopia to seek compensation as Telecom confab switches venue to Rwanda
Ethiopia will seek compensation from the International Telecommunications Union (ITU) for the cost it has incurred while preparing to host the eighth World Telecommunication...
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IMF projects lowest growth rate for Ethiopia in over a decade
Ukraine war drops 2022 global economic outlook by almost 1%
Included in this year’s International Monetary Fund (IMF) World Economic Outlook, Ethiopia’s economy is expected...
NBE drafts bill to accommodate M-Pesa
Local Fintech’s worry over foreign competition
The National Bank of Ethiopia (NBE) has drafted a bill that aims to allow foreign Fintech’s join the financial...
Corporation, regional government locks horn over salt mining license
The Minerals, Petroleum and Biofuel Corporation has requested for an extension of its salt mining license it operates in Afar regional state, despite an...
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Authority to nullify credentials of graduates from unlicensed colleges
Their competence will be evaluated
ediThe Ethiopian Education and Training Authority (ETA) revealed plans to evaluate competencies of graduates from unlicensed higher learning institutions, with...