Staff Reporter
Capital News
Domestic workers remain excluded from basic labor protections
Ethiopia’s domestic workers, a workforce largely composed of young women, continue to face exclusion from fundamental labor protections, underscoring urgent calls for changes in...
Capital News
Financial system struggles in Africa’s fastest-growing economy due to market and legal weaknesses
Ethiopia is projected to achieve Africa’s highest annual GDP growth rate at 7.4% over the next five years, but its financial system is being...
Capital News
Water scarcity driven by climate change cited as root cause of Konso Conflict
The long-standing conflict in Ethiopia's Konso Zone is primarily driven by water scarcity worsened by climate change, highlighting the complex links between resource depletion,...
Capital News
Environment authority initiates public hearing for environmental release of GM Maize MON 89
The Ethiopian Environment Authority (EPA) has launched a public hearing process to assess environmental release approval for a promising genetically modified (GM) maize variety,...
Capital News
Global effort to eradicate Polio faces “hardest last mile” amid new outbreaks in Ethiopia
On World Polio Day, October 24, 2025, global health partners, government officials, and volunteers reaffirmed their determination to eradicate the final 0.1% of global...
Capital News
Inflation, currency weakness drive unprecedented surge in gold prices
The price of 24-karat gold in Ethiopia has surged to an unprecedented level, approaching 29,900 birr (ETB) per gram including taxes—around $200—marking a historic...
Capital News
NBE governor pledges “Rigorous Measures” against illegal money transfers
In a bold and decisive effort to rescue the nation's financial system, the National Bank of Ethiopia (NBE) has initiated an unprecedented crackdown on...
Capital News
EIH negotiates transfer of ERC’s foreign debt to sovereign debt
Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, has announced negotiations to transfer the substantial foreign debt of the Ethiopian Railways Corporation (ERC)...
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