Tuesday, September 1, 2026
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AGI

EPSS wins gold award...

The Ethiopian Pharmaceutical Supply Service (EPSS) has won the Gold Award at the fifth...

Regional implementation failures turn...

Ethiopian Electric Power (EEP) has revealed that ongoing and planned energy projects are facing...

Mandatory cameras roll out in breweries, bottling plants to curb tax evasion

The Ministry of Revenues (MoR) has begun installing high-definition surveillance cameras in manufacturing facilities subject to excise duty, including major breweries and bottling plants. Sources confirmed by Capital indicate that the federal government has allocated an estimated 300 million birr to fund this advanced technological infrastructure. For years, Ethiopian tax authorities have struggled with significant shortfalls in collecting anticipated revenues from high-demand excise goods such as alcoholic beverages, tobacco, and soft drinks. Government estimates suggest that substantial revenue leakages result from persistent information gaps, under-reporting, and widespread evasion. The new monitoring system aims to close these gaps by providing real-time, remote tracking of production processes, facility exit points, and freight transport, giving the Ministry unhindered digital oversight directly on the factory floor. While excise taxes on items like alcohol, tobacco, soft drinks, and luxury goods are...

Ethiopian evidence rarely cited...

Study finds country-local sources accounted for only 4.9 percent of ChatGPT citations on Ethiopia-related...

World Bank urges Africa...

Africa’s next major economic-integration gains will come not simply from lowering tariffs, but from...
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Critical care access gaps persist: Over...

In East Africa, limited access to emergency medical services remains a significant public health challenge. Recent data reveals that...

Africa endorses new push to protect...

African health ministers have endorsed a new regional strategy aimed at giving every child the best possible start in...

From Pledges...

African leaders have never been short of promises. Every year, health ministers pledge to end preventable child deaths, strengthen primary...

Breaking the...

Ray Dalio’s ‘How Countries Go Broke: The Big Cycle’ is not a book about one country, one government or...

War in...

The prospect of another war in northern Ethiopia should alarm every Ethiopian, every neighbour and every international partner that...

Beyond Borders:...

The images have become painfully familiar: overcrowded boats drifting across the Mediterranean, exhausted migrants stranded at fortified borders, and...
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East Africa’s Next Frontier: Islamic Finance and Interest-Free Banking

In an exclusive interview with Capital, Muhammad Zubair Mughal, CEO of the AlHuda Center of Islamic Banking and Economics, outlines why East Africa—particularly Ethiopia, Kenya and Tanzania—could become one of the most dynamic regions for interest-free banking over the next decade. Speaking ahead of growing regulatory and market activity in Ethiopia’s nascent non-interest banking sector, Mughal highlights the region’s combination...

Insurance reform: Opening a new market

As Ethiopia prepares to overhaul its insurance framework, the sector faces a potentially far-reaching shift in ownership, regulation, licensing and competition. A draft Insurance Proclamation would establish an autonomous insurance regulator, introduce a Policyholders’ Protection Fund, open defined routes for foreign investment and replace composite licences with specialised categories for general, long-term, micro-insurance, inclusive insurance and Takaful operations. The...
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REQUEST FOR EXPRESSION OF INTEREST (EOI)

This notice is placed by UNECA. The accuracy, reliability and completeness of the contents of furnished information is the responsibility of United Nations Economic Commission forAfrica. You are therefore requested to direct all queries regarding this EOI to United Nations Economic Commissionfor Africa using the fax number or e-mail address provided below. Title of the EOI: Supply of Printing Equipment Date of...

REQUEST FOR EXPRESSION OF INTEREST (EOI)

This notice is placed by UNECA. The accuracy, reliability and completeness of the contents of furnished information is the responsibility of United Nations Economic Commission for Africa. You are therefore requested to direct all queries regarding this EOI to United Nations Economic Commission for Africa using the fax number or e-mail address provided below. Title of the EOI: Supply of Printing...

INVITATION FOR OPEN BID

National Bank of Ethiopia invites interested and eligible bidders for the supply of the following items: NoItem DescriptionBid Reference No.Bid Closing Date & TimeBid Opening Date & Time Development of a Financial Services Price Comparator ToolNBE/ICB/S/01/2026/27September 24, 2026 at 10:00 A.M.September  24, 2026 at 10:30 A.M.  Background The National Bank of Ethiopia (NBE), in line with its mandate to safeguard financial stability, promote...

INITIATIVE AFRICA (IA)CALL FOR CONSULTANCY SERVICES

Baseline Study ConsultantCSIF II Consortium-Wide Baseline Study Initiative Africa (IA), together with its consortium partners, invites applications from qualified individual consultants to design, coordinate, analyze and report a consortium-wide baseline study for the project "Advancing Social Cohesion through Indigenous Civic Space in Ethiopia," funded by the Civil Society Innovation Fund II (CSIF II). Scope: The assignment covers 10 implementation locations across...
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Mahmoud Ahmed Announces 26th and Final Album, LeTarik

Legendary Ethiopian singer Mahmoud Ahmed has announced the release of his 26th studio album, LeTarik—meaning “For History”—which he described as the final work of his long artistic career spanning six decades. The announcement was made during a press conference held at the Sheraton Addis Hotel on August 26. Mahmoud Ahmed, widely regarded as one of the defining voices of Ethiopian...

Dolly Parton, country music icon and global philanthropist, dies at 80

Dolly Parton, the American country music singer, songwriter, actor, businesswoman and philanthropist whose career spanned more than six decades, has died at the age of 80. Her family said Parton died peacefully at the Vanderbilt-Ingram Cancer Center in Nashville after what her representatives described as a brief battle with cancer. She was surrounded by loved ones, and a small private...
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The Beaumont Code and...

In business, success is often measured in figures: profits, growth, market share and shareholder returns. But behind every balance...

Does the law of...

The promise is irresistible. Think positively, visualise financial success, believe that prosperity is on its way and somehow the...

Why the best business...

For decades, business leadership has often been presented as a story about one person which is the chief executive...

Cameroon claim first Wafcon...

Cameroon cruised to a 3-0 victory over tournament debutants Malawi to claim their first ever Women's Africa Cup of...

Team Amani dominate Tour...

Team Amani capped off a dominant week of racing at the Tour Cycliste International Féminin du Burundi (UCI 2.2)...

Fifa official sacked after...

Fifa's chief operating officer Kevin Lamour has been sacked by the governing body, less than three weeks after he...

The fall of Evergrande:...

On 20 August 2026, a court in Shenzhen sentenced Hui Ka Yan, the founder of China Evergrande Group, to...

How edge intelligence and...

For years, artificial intelligence has largely been associated with hyperscale data centres and cloud computing environments. But the next...

Time on two scales:...

Technology is changing at a pace that often exceeds humanity’s ability to understand its consequences. Artificial intelligence, biotechnology, robotics...

The Nile Is not...

The Horn of Africa and the Red Sea basin are witnessing a major geopolitical realignment. The issue of maritime...

The quiet scream beneath...

We must acknowledge that human interaction often operates on a surface level—one that is useful precisely because it creates...

Truth has no nationality:...

One of the defining characteristics of a traditional society is its strong attachment to continuity, inherited norms, and established...

MCB grants strategic financing to Invictus Investment to expand...

By our staff reporter The Mauritius Commercial Bank Limited (MCB) has provided a strategic financing package to Invictus Investment Company PLC (ADX: INVICTUS), a prominent agro-food enterprise operating in the Middle East and Africa. The package, structured as an acquisition finance and revolving credit facility, aims to support Invictus Investment’s expansion into new markets and strengthen its working capital position as it scales operations. This financing agreement builds on the existing partnership between MCB and Invictus Investment and underscores a shared commitment to advancing food security...

Wingu Cloud Exchange launch marks a new era for...

By our staff reporter Wingu Africa has launched Wingu Cloud Exchange (WCX), a locally hosted private cloud platform designed for the wider East African region.WCX gives organisations a secure, compliant, cost-effective, and easy-to-use alternative to offshore cloud services. With transparent local-currency pricing, rapid deployment, and instant scalability, it enables businesses to grow workloads without complexity or unpredictable costs. Launching first in Tanzania, the platform will gradually roll out across all Wingu markets, including Ethiopia and Djibouti. WCX includes Wingu Compute, Wingu Kubernetes, Wingu Drive, and Wingu...