cbe

USD
41.3165
42.1428
,
GBP
54.2261
55.3106
,
EUR
48.4973
49.4672
,
CHF
41.8822
42.7198
,
SEK
4.2832
4.3689
,
NOK
4.364
4.4513
,
DKK
5.903
6.0211
,
DJF
0.2295
0.2341
,
JPY
0.3389
0.3457
,
CAD
29.6287
30.2213
,
SAR
9.9698
10.1692
,
AED
10.1787
10.3823
,
XAF
0.012
0.0122
,
INR
0
0
,
KES
0
0
,
AUD
28.4661
29.0354
,
SDR
0
0
,
ZAR
0
0
,
CNY
5.6895
5.8033
,
KWD
130.4378
133.0466

awash

USD
41.615
42.4473
,
EUR
49.4719
50.4613
,
GBP
57.1457
58.2886
,
CAD
33.0514
33.7124
,
AED
11.3284
11.555

abyssinia

USD
41.615
42.4473
,
GBP
54.5741
55.6656
,
EUR
49.4719
50.4613
,
AED
10.2522
10.4572
,
NOK
4.4138
4.5021
,
SAR
10.0422
10.243
,
SEK
4.3895
4.4773
,
CAD
29.9115
30.5097

abay

USD
41.615
42.4473
,
EUR
49.4719
50.4613
,
GBP
57.1457
58.2886
,
CHF
44.9358
45.8345
,
AUD
31.6773
32.3108
,
CAD
33.0514
33.7124
,
AED
11.3284
11.555
,
CNY
6.3546
6.4817
,
DKK
6.6518
6.7848
,
DJF
0.2312
0.2358
,
INR
0.5519
0.5629
,
JPY
0.3805
0.3881
,
KES
0.3889
0.3967
,
NOK
4.8771
4.9746
,
SAR
11.0964
11.3183
,
ZAR
2.8524
2.9094
,
SEK
4.8503
4.9473
,
SDR
59.3222
60.5086

buna

USD
41.5825
42.4142
,
GBP
54.6587
55.7519
,
CHF
42.9868
43.8465
,
SEK
4.3969
4.4848
,
NOK
4.4348
4.5235
,
DKK
6.026
6.1465
,
JPY
0.3442
0.3511
,
CAD
30.0193
30.6197
,
SAR
10.0345
10.2352
,
AED
10.2442
10.4491
,
EUR
49.5206
50.511
,
CNY
5.7489
5.8639
,
AUD
28.7171
29.2914
,
KWD
131.5
134.13

nib

GBP
54.5741
55.6656
,
EUR
49.4719
50.4613
,
CHF
42.9137
43.772
,
CAD
29.9115
30.5097
,
SEK
4.3895
4.4773
,
AED
10.2522
10.4572
,
SAR
10.0422
10.243
,
ZAR
2.8339
2.8905
,
JPY
0.3443
0.3512
,
KES
0.3864
0.3941
,
DJF
0.2312
0.2358
,
INR
0.5483
0.5593
,
CNY
5.7509
5.8659
,
DKK
6.0199
6.1403
,
NOK
4.4138
4.5021
,
AUD
28.668
29.2414
,
USD
41.615
42.4473

wegagen

USD
41.615
42.4473
,
GBP
54.5741
55.6656
,
EURO
49.4719
50.4613
,
CAD
29.9115
30.5097
,
AUD
28.668
29.2414
,
CHF
42.8061
43.6622
,
SEK
4.3916
4.4794
,
NOK
4.4135
4.5018
,
DKK
6.0063
6.1264
,
DJF
0.2311
0.2357
,
INR
0.5561
0.5672
,
KSH
0.3871
0.3948
,
JPY
0.3426
0.3495
,
SAR
10.0279
10.2285
,
AED
10.2375
10.4423
,
ZAR
2.8508
2.9078
,
CNY
5.7357
5.8504
,
KWD
131.3709
133.9983

dgb

USD
41.5555
42.3866
,
GBP
56.9352
58.0739
,
EUR
49.3555
50.3426
,
CHF
44.8231
45.7196
,
CAD
33.0251
33.6856
,
AUD
31.6694
32.3028
,
SEK
4.8526
4.9497
,
NOK
4.8768
4.9743
,
DKK
6.6368
6.7695
,
DJF
0.2309
0.2355
,
INR
0.5561
0.5672
,
KSH
0.3871
0.3948
,
JPY
0.3785
0.3861
,
SAR
11.0806
11.3022
,
AED
11.3122
11.5384
,
ZAR
2.8508
2.9078
,
CNY
6.3378
6.4646
,
KWD
137.5612
140.3124

enat

USD
41.615
42.4473
,
EUR
49.4719
50.4613
,
GBP
57.1457
58.2886
,
CHF
44.9358
45.8345
,
SEK
4.8503
4.9473
,
NOK
4.8771
4.9746
,
DKK
6.6518
6.7848
,
KES
0.3889
0.3967
,
JPY
0.3805
0.3881
,
DJF
0.2312
0.2358
,
CAD
33.0514
33.7124
,
AUD
31.6773
32.3108
,
SAR
11.0964
11.3183
,
AED
11.3284
11.555
,
ZAR
2.8524
2.9094
,
CNY
6.3546
6.4817
Addisfortune-The Largest English Weekly in Ethiopia (Addis) Fortune – The Largest English Weekly in Ethiopia! – The Largest English Weekly in Ethiopia!

Total cases Reported In Ethiopia: 232,512
New cases Reported In Ethiopia: 1,568
Critical in Ethiopia: 967
COVID-19 UPDATES LAST UPDATE( 2021-04-13 20:34:01.626 )
Active cases Reported In Ethiopia: 55,462
New Deaths Reported In Ethiopia: 22

Total Deaths Reported In Ethiopia: 3,230
Total Recovered Reported In Ethiopia: 173,818
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COVID-19 UPDATES: All the stories and commentaries on Coronavirus, in one place


MILKING THE MOMENT

Jemal Ahmed (left), CEO of MIDROC Investment Group, hands Adanech Abiebie (centre), deputy mayor of Addis Abeba, the city that is home to a new factory from one of the conglomerate’s subsidiaries, a bottle of...


Read more


NK

Featured

Featured

Growing But Little Understood Business Afoot

March 27 , 2021 . By BAMLAK FIKADU

An application developer who has recently taken up hiking to...



Editorial

Regional Fiscal Perfidy Stems from an Indulgent Fed. Alarming!

It is not often the case for regional states' leaders to swallow their vanity and declare near-bankruptcy way before the fiscal year comes to an end. Quite a few of them have in the past. The latest entrant into the fiscal perfidy league is the South...

Editorials

Bailout Needs to Contend with Original Sin of Political Corruption

April 3 , 2021

As an Auditor General, he was not the most conspicous of officials in the mainstream. But the end of the tenure of one of the most vocal public servants over the past decade – Gemechu Dubis...

Sunday with Eden

Everyone Needs to Answer for Ethiopia Predicaments

April 10 , 2021 . By Eden Sahle

A few days ago, a friend told me an unnerving story – highly illustrative of Ethiopia's situation. A fourteen-year-old girl wen...

COVID Makes Comeback: This Time Without Kidding Around

April 3 , 2021 . By Eden Sahle

Over the weekend, among the people who lost their lives due t...

With Society Distracted, Underground Drug Market Thrives

March 27 , 2021 . By Eden Sahle

Last Friday, around 8:00pm, I witnessed a crime first-hand in...

Unlikely Lesson from SOS Children's Village to Ethiopia

March 20 , 2021 . By Eden Sahle

Female Leadership, Political Loyalty Don't Go Together

March 13 , 2021 . By Eden Sahle

Rarely Acknowledged Mental Health Pandemic Affects Young People

March 6 , 2021 . By Eden Sahle

Elections: Thin Red Line between Democracy, Violence

February 27 , 2021 . By Eden Sahle

This week's print version

Viewpoints

Global Financing to End the Pandemic

April 10 , 2021 . By Jeffrey D. Sachs

This week’s spring meetings of the International Monetary Fund (IMF) and the World Bank offer a historic chance for financial cooperation. The major economies, including the United States, the European Union, China, an...

Ethiopia! Wake Up and Smell the Stench

April 10 , 2021 . By Leilt Eshetu

Just like a daily routine – think drinking coffee – the news...

Counterintuitively, Negotiation Can Push GERD Dispute into War

April 3 , 2021 . By Dejen Yemane

Too many still think of war in its traditional and...

In Institutionalising Risk Management, Insurance Sector Indispensable

April 3 , 2021 . By Asseged G. Medhin

With COVID Making Comeback, No Time for Apathy, Vaccine Nationalism

March 27 , 2021 . By Asegid Getachew

Avoiding a K-Shaped Global Recovery

March 27 , 2021 . By Michael Spence and Joseph E. Stiglitz

In Business, Novelty Sees the Future, Veterans Manage Reality

March 20 , 2021 . By Million Kibret

In-Picture

Coffee Train

March 14 , 2021

GEBENA PINATA

January 23 , 2021

Sanctioned Graffiti

June 20 , 2020

NEW MESQEL SQUARE

February 13 , 2021

SECONDHAND MARKET

February 13 , 2021


Editors' Pick

Growing But Little Understood Business Afoot

An application developer who has recently taken up hiking to get some exercise, Mignot Tariku's first experience with her new hobby came in November of last year. After the COVID-19-induced national state of emergency was lifted, she began to use hik...

Editors Picks

Council Establishes Corp. to Absorb Residual Debts

January 30 , 2021 . By FASIKA TADESSE

The Council of Ministers approved a regulation that will establish the Liability & Asset Management Corporation, which will be soaking up debts owed by state-owned enterprises to external lenders and the Commercial Bank of Ethiopia (CBE). Set to be established as a state-owned enter...


Agenda


On Forex Front, New Rules Bring New Problems



For Fitsum Alemayehu (MD), general manager of Biotech Plc, an importer of pharmaceuticals, the waiting for approval to open letters of credit is unusually long. It has been one year and three months since his company has been in queue at the state-ow...

Agenda

Ethiopia Lives Through the Worst of Times

April 3 , 2021 . By HAWI DADHI

A 59-year-old man, an actor by profession, fell severely ill about five months ago. His son, Binyam, and his family took him to St. Yared Hospital to get him a check-up, unsure of what his illness might be. Doctors ordered a CT Scan and discovered that he had...

Commentaries

Done Right, Education System Can Extract Maximum Value with Limited Resources

Apr 10,2021 . By Samuel Wolde-Yohannes (PhD)

Economic and political development go hand in hand with a good educational system. The general view is that the more a country invests in its educational infrastructure, the better chance it has to pr...

Despite Friendly Labour Law, Employees Contend with Arbitration

April 10 , 2021 . By Gidey Belay

Arbitration is a means of dispute settlement that has gained world-wide attention mainly in commerci...

Ethiopia's Commercial Code Joins 21st Century

April 3 , 2021 . By Yehualashet Tamiru Tegegn

Parliament unanimously passed the revised Commercial Code late last month, over six decades after it...

My Opinion

The Bet over the Nile

April 10 , 2021 . By Christian Tesfaye

There was some hope that Ethiopia, Egypt and Sudan would come to some form of general understanding over the Grand Ethiopian Renaissance Dam (GERD) when they agreed to a three-day summit in Kinshasa,...

When Hope Meets Despair

April 3 , 2021 . By Christian Tesfaye

In such times, it would be akin to incredulous to claim that Ethiopia is any sort of country with a prosperous or even v...

Give Child Labour Hashtags at Least

March 27 , 2021 . By Christian Tesfaye

Few things speak louder of the poor state of a country than child labour. Technically, there are laws against this in Et...

Fortune video

Films Review

SHADOW IN THE CLOUDS, WOMEN UNDER PATRIARCHY

January 23 , 2021 . By Christian Tesfaye

SOUL, QUITE SOULFUL

January 3 , 2021 . By Christian Tesfaye

On the Nolanite Tradition of Time, Reality: Taken Too Far

December 26 , 2020 . By Christian Tesfaye

TRIAL OF THE CHICAGO SEVEN

November 29 , 2020 . By Christian Tesfaye

Radar

UNSUNG DISTRIBUTION PROBLEM

April 10 , 2021

With all of the controversy around the Grand Ethiopian Renaissance Dam (GERD), the conversation has turned to how low power production has h...

OVERLOAD

April 10 , 2021

SQUEEZED WALKWAY

April 10 , 2021

USAID Proffers $152m to Humanitarian Efforts

April 10 , 2021

Ethio telecom Continues 4G Expansion, to the East

April 10 , 2021


Exclusive Interviews


Rockstone's Dietrich Rogge Looks to Fit into Addis

Dietrich Rogge, founder and CEO of Rockstone, a German-based real estate developer and investment company, did not want an Anglo-Saxon name for the project it embarked on in Ethiopia. A rare European player in a real estate market dominated by local players, it wanted to signal the height it wants t...



Dietrich Rogge, founder and CEO of Rockstone, a German-based real estate developer and investment company, did not want an Anglo-Saxon name for the project it embarked on in Ethiopia. A rare European player in a real estate market dominated by local players, it wanted to signal the height it wants t...

Exclusive interview

Constitutional Tailor Would Prefer Constitutional Court

August 10 , 2019

Hardly anyone matches the intellectual repository and experience of constitution making in Ethiopia as Fasil Nahum (PhD). He was involved in the drafting of three constitutions since the Imperial days but under radically different regimes. Never entangling him...

The fineline

Leaders of the National . . .

October 3 , 2020

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during...


When the country’s most. . .

September 19 , 2020

When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two by way of emphasis...

Old habits die hard, so they say. The TPLF's leadership community...

Old habits die hard, so they say. The TPLF`s leadership community - the existing alike the former - is back to its old se...

Yinager Dessie (PhD), governor of the central bank...

In the absence of a hegemonic political force...

May 2 , 2020

For countries like Ethiopia where scarcity of resources...

April 25 , 2020

Ethiopia is bracing for a potential constitutional crisis...

April 4 , 2020

News Analysis



View from arada

The Jazzy Feeling of the Transcendental Music Experience

It is not an object identified as being the perk of studying at Addis Abeba University – which was instead its superimposing sights, the library, classrooms, cafeteria...

Death of Melody in Ethiopia's Music Scene Greatly Exaggerated

April 3 , 2021 . By TADESSE TSEGAYE

Recently, one of my friends argued that melody is dying. I counter-argued that it will never die and reminded him of the last time everyone was complaining of melody's demise. It was a time when music that cross...

Delicate number

24

Amount, in Birr, disbursed to the agriculture sector over the past fiscal year, according to the National Bank of Ethiopia (NBE)...

Life matters

Don't Judge People by Their Tattoo

April 10 , 2021 . By Kidist Yidnekachew

Do not judge a book by its cover, we say. But we still judge all the same. It is much worse when it comes to a living, breathing person. We often tend to judge people by their appearance, clothes or other external measurement scales. Some agree that...

Forgive Some Debt in Time of Hardship

April 3 , 2021 . By Kidist Yidnekachew

It is often people somewhere near the middle of the socioeconomic ladder who lend money and give the borrower a generous grace period, even if they need it badly enough....

By-stand at Society's Peril

March 27 , 2021 . By Kidist Yidnekachew

Some of us would think that a person is most likely to get help when others are present. It is actually the opposite, and the culprit is the phenomenon known as "the byst...

Verbatim

Gallery

2020 in Posterity

January 5 , 2021

With an election initially expected to be held in 2020, the past year was supposed to be eventful. It did not disappoint. In fact, it outpaced expectations. Much of 2020 was talked about, analysed and debated. And thanks to technology, it was caught...

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

September 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

December 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

April 26 , 2019

Mourning Nation, Grieving World

March 17 , 2019

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