42 stories · page 2 of 2
Gwynne Shotwell sold 342,170 SpaceX shares across five transactions on 22 September, at prices between 151 and 155 dollars. She still holds a reported 366 million dollars of the company she has run day to day since 2008.
Fact.et Staff · Sep 26, 2026
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The Confederation of Ethiopian Workers' Unions says the letters it sends to government institutions on employer and employee matters go unanswered, and that officials do not pick up the phone. Its president asked publicly where the body is supposed to take its case.
Fact.et Staff · Sep 26, 2026
300The Ethiopian Construction Contractors Association wants national standards that can actually be enforced. Its president says the deeper problem is the financial imbalance between contractors and the clients who hire them.
Fact.et Staff · Sep 26, 2026
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The benchmark ten-year yield has reached its highest level since July 2007, according to the Venture channel. The historical analogy attached to that fact is doing more work than the fact supports.
Fact.et Staff · Sep 25, 2026
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BNP upgraded Nebius to Outperform, modelling more than 22 billion dollars of exit-2027 annualised revenue on AI cloud pricing moving toward 40 million dollars per megawatt. The pricing assumption is the part worth reading.
Fact.et Staff · Sep 25, 2026
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A Mastercard Foundation-backed programme is offering free leather-goods training, workspace, licences and machines to young people in Akaki Kality. Ethiopia's leather exports have fallen from 33.2 million dollars to 16 million in four years.
Fact.et Staff · Sep 24, 2026
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South Korea's KGM and the UK-registered B&C Group have signed a strategic cooperation agreement for an electric vehicle assembly plant in Ethiopia, targeting 1,000 cars in year one and 3,000 in year two.
Fact.et Staff · Sep 24, 2026
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Ethiopian Investment Holdings and the Dangote Group will build a refined-products pipeline linking Djibouti's Damerjog to Dewele on the Ethiopian border, with storage terminals at both ends. No cost or timetable has been announced.
Fact.et Staff · Sep 24, 2026
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Apple is recruiting an Apple Pay strategy lead with stablecoin and blockchain experience, a job posting that would put stablecoins in front of a payments network with over two billion users. A hire is not a product, but it is a direction.
Fact.et Staff · Sep 22, 2026
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Ethiopia's unemployment rate is 9.6 percent. But 69.4 percent of employment is in agriculture, the average working week is 31 hours, and only 22.9 percent of workers earn a wage. Shega argues the headline number measures the wrong thing.
Fact.et Staff · Sep 22, 2026
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Global oil inventories are projected to reach an operational floor of 6.8 billion barrels this month if the Strait of Hormuz remains closed, JPMorgan says — the point below which pipelines lose pressure and refineries fail. Prices, meanwhile, just hit an 11-day low.
Fact.et Staff · Sep 22, 2026
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The Ethiopian Lottery Service says betting will restart only once a new technology and control system is in place, one that lets the government monitor operators' finances directly. No restart date has been given.
Fact.et Staff · Sep 22, 2026
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Michael Burry argues that Big Tech's AI commitments are larger than their filings show, with Oracle as his main example. He is not alleging fraud — he is arguing the numbers are elsewhere.
Fact.et Staff · Sep 21, 2026
200A one-sentence deal brokered by Oman has kept US and Houthi forces from striking each other in the Bab al-Mandab. Saudi Arabia was never named in it, and Saudi-linked ships are still being hit.
Fact.et Staff · Sep 21, 2026
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Wegagen Bank reported a pre-tax profit of 4.3 billion Br for the 2025/26 financial year and total assets of 111.3 billion Br. Management paired the result with a new five-year expansion plan.
Fact.et Staff · Sep 21, 2026
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Brazil's exports are up 40% year on year, tipping the global market into surplus. For a country that sells arabica for foreign exchange, the direction of that benchmark is the number that matters.
Fact.et Staff · Sep 20, 2026
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Ethio Telecom presented year two of its Next Horizon strategy: 4 trillion birr in telebirr transactions behind it, 21 trillion birr the year-three target, and a handset target that needs twice the current distribution pace.
Fact.et Staff · Sep 4, 2026
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An investigation into car trading centres and the vehicle brokerage sector found widespread under-declaration of income and VAT, the city Revenue Office said.
Fact.et Staff · Sep 3, 2026
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