Monday, December 29, 2025

Business

Soap Manufacturers on ‘Verge of Collapse’ as Supply Chokepoint Throttles Production

Lobby group alleges input supply monopoly and unfair trade practices A lobby group representing soap and detergent manufacturers says forex-related issues burdening a foreign-owned...

ESX Targets Nine IPOs by September

Dashen Bank issues prospectus ahead of offering 2.2 million shares The Ethiopian Securities Exchange (ESX) has ambitions to list nine companies before the end of...

Nigeria’s Zenith Bank Latest to Express Interest in Ethiopian Market

Lagos-based Zenith Bank is the latest to show interest in joining the Ethiopian financial sector, more than a year after Parliament ratified legislation opening...

Ethiopia Among Ten Countries Blocking USD 1.08 Billion in Airline Revenues: IATA Report

Ethiopia is one of ten countries responsible for nearly ninety percent of airline funds blocked globally, with USD 54 million in foreign currency revenues...

Ethiopian Airlines Tables Fresh Capital Increase Request to State Holding Firm

The Ethiopian Airlines Group has formally resubmitted a request for a capital increase to the executives of Ethiopian Investment Holdings (EIH), reviving a proposal...

Central Bank Spotlights Limitations Lurking behind Digital Payment Adoption

A draft digital payment strategy unveiled by the National Bank of Ethiopia (NBE) this week highlights the inactivity, fraud, fragmentation, and widening rural-rurban divide...

Majority of FDI Projects Go Unrealized, Investment Commission Asleep at Wheel: Report

Less than 40 percent of foreign direct investment (FDI) projects registered over the last six years have gone operational, while many factories have been...

Developing Countries’ Debt Service Payments Exceed Financial Inflow for First Time: World Bank

Ethiopia’s income status ‘unclassified’ in 2025 debt report For the first time in half a century, debt service expenditures by developing countries are exceeding the...

M-PESA Calls Foul on Limited Access to New App

Vodacom Group to buy out Kenyan government’s 15pct stake in Safaricom Safaricom-affiliate M-PESA Ethiopia has lodged complaints with the authorities, alleging that its new financial...

Belated Financial Report Unravels Scope of Sugar Industry Group’s Woes

An overdue audit report highlights the continued struggles of the state-owned Ethiopian Sugar Industry Group (ESIG) and more than a dozen of its sugar...
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