Federal prosecutors have filed severe corruption and money laundering charges against the former manager of the…
Category: News
Ethiopia’s Beef Crisis: When One Kilo Costs a Worker’s Monthly Wage
Ethiopia is facing a severe cost-of-living crisis as skyrocketing beef prices—surpassing 6,000 birr per kilogram in…
Federal Police Arrest 37 Suspects in Massive 200 Million Birr Mobile Banking Fraud Ring
The Ethiopian Federal Police have apprehended 37 suspects linked to a sophisticated mobile banking fraud scheme…
Over 6 Million Birr of Contaminated Pepper Destroyed in Addis Ababa
Authorities in Addis Ababa have successfully destroyed 69 quintals of spoiled pepper valued at over 6…
Federal Government Establishes Six-Month Interim Administration in Tigray Region
A new federal interim administration has been established to govern the Tigray region for the next…
Ethiopian Inflation Surges to 14.9% as Sweeteners, Meat, and Transport Costs Spike
Ethiopia’s general annual inflation rate rose to 14.9% in September, climbing from 13.2% recorded during the…
US Urges Immediate De-Escalation Between Ethiopia and Eritrea Amid Growing Horn of Africa Tensions
United States Secretary of State Marco Rubio has urged Ethiopian Prime Minister Abiy Ahmed to pursue…
National Bank of Ethiopia Allocates $840 Million to Foreign Exchange Auctions
The National Bank of Ethiopia (NBE) has allocated $840 million for foreign exchange auctions during the…
Toxic Additives Found in Addis Ababa Raw Milk Supply, Study Warns
A comprehensive study conducted across all 11 sub-cities of Addis Ababa has uncovered widespread adulteration in…
PM Abiy Ahmed Sworn In for New Term, Outlines Constitutinal Reforms, Sea Access, and Regional Security
ADDIS ABABA — Prime Minister Abiy Ahmed (PhD) was officially sworn in by the House of…