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News
Ethiopia welcomes European Council’s decision to delay deforestation rule by a year, easing pressure on coffee industry
On 16 October 2024, the European Council of Ministers approved the proposal to postpone the implementation of the European Union…
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Commentary
Ethiopia’s Economic Gamble: Birr battles inflation, instability, and austerity
Headquarters of the National Bank of Ethiopia (Photo: Addis Fortune) By Beneal Walker Addis Abeba – Historically, Ethiopia’s birr (ETB) has been…
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News
Mekelle residents protest housing scheme turnabout after five-year wait; demand accountability over sudden policy change
On 15 October, 2024, participants in a government-backed housing scheme, who have been waiting for five years to build their…
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News
City municipality scales up tech-driven home delivery of essential commodities
(Photo: Addis Abeba Trade Bureau/Facebook) Addis Abeba – The Addis Abeba Trade Bureau has reported that 294,000 customers have registered for a…
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News
Woldia City endures night of heavy gunfire, mortar attacks last Sunday; residents still face ‘restricted’ movement
(Photo: Woldia City Communications Office/Facebook) Addis Abeba – Following a brief but intense battle involving heavy weaponry in the vicinity of…
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DailyScoop
Tragic shooting claims lives of three farmers in Kore Zone, South Ethiopia region
(Photo: DW) Addis Abeba – Three farmers were shot and killed yesterday morning on 14 October, 2024, in the Kore Zone…
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News
Importers ‘unable’ to use approved foreign currency; CBE reports only 28% of hard currency allocation utilized post-reform
(Photo: AFP) Addis Abeba – Since the introduction of new macroeconomic reforms in late July 2024, less than one-third of the $282…
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DailyScoop
House of Federation to revise regional budget subsidy allocation formula
(Photo: ENA) Addis Abeba –The House of Federation has announced a plan to revise the regional state budget allocation formula based…
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News
Gov’t raises fuel prices by up to eight birr per liter; experts, consumers warn of inflationary pressures
Addis Abeba – In one of the most significant fuel price increases in recent years, the Ethiopian government has raised retail fuel…
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News
Interim admin accuses TPLF of ‘destabilizing’ the region; warns of legal action amid rising tensions
Getachew Reda, president of Interim Administration of Tigray (Photo: Dimtsi Weyane/Screeshot) Addis Abeba –The interim administration of Tigray has issued a…
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