Sunday, September 6, 2026
photo_2024-08-17_11-04-01-edited
photo_2024-08-17_11-04-01-edited
photo_2025-05-21_10-33-34
photo_2025-05-21_10-33-34
photo_2024-08-19_15-42-23
photo_2024-08-19_15-42-23

Holiday meat market goes...

As technological and digital transformations sweep across the globe, Ethiopians are continually working to...

UN adopts resolution to...

The United Nations has voted to adopt a resolution calling for the world to...

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...

Ethio Telecom sets 295...

Ethio Telecom has unveiled an ambitious business plan for the 2026/27 fiscal year, targeting...

Africa’s Power Grids face...

Africa must accelerate investment in efficient, digitalised and reliable electricity grids as population growth,...
spot_img
spot_img
spot_img

ECX launches digital portal to cut...

The Ethiopia Commodity Exchange (ECX) has launched a new digital service portal aimed at eliminating bureaucratic hurdles and streamlining...

Jemal, Belayneh face legal challenge over...

The election of MIDROC Investment Group CEO Jemal Ahmed as President of the National Chamber Sectoral Associations, with Belayneh...

From pledges...

Africa does not need another conference that produces a long communiqué and a short list of concrete actions. The...

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...
spot_img
spot_img
spot_img
spot_img

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...
spot_img

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...
spot_img
spot_img
spot_img
spot_img

Reply launches AI Film Festival to connect tech talent with global cinema

Technology consultancy Reply has launched the Reply AI Film Festival, a global competition designed to bridge the gap between artificial intelligence experts and the international film industry by showcasing short films created with AI tools. Now in its 2026 edition, the festival invites AI practitioners, filmmakers and multidisciplinary teams to submit short films that explore how generative models, machine learning...

Addis Raw turns Addis Ababa’s architecture into Wearable Art

Bezawit “Beza” Tibebu is reshaping the landscape of contemporary fashion by merging her foundational training in architecture with traditional Ethiopian craftsmanship. Long before establishing the Tibebu Collection, Beza learned to study the built environment, noting spatial rhythms, structural lines and the silent storytelling embedded within architecture. Today, she has shifted her canvas from static buildings to the human body, using...
spot_img

The Shoe Paradox

Business management has an enduring fascination with the idea of fit. We recruit the right person for the right...

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...

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...

“My Ethnicity” or “Our...

Our identities may differ, but our citizenship should unite us. A country is not tested merely by who holds power....

When growth is actually...

Why entrepreneurs should distinguish productive expansion from debt-fuelled size “Give me a place to stand, and a lever long enough,...

Why airlines need a...

A passenger selects a flight. The schedule works, the fare is right, they add a bag and choose a...

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...