cbe

USD
44.3046
45.1907
,
GBP
59.0449
60.2258
,
EUR
52.6029
53.655
,
CHF
46.5671
47.4984
,
SEK
4.6822
4.7758
,
NOK
4.581
4.6726
,
DKK
6.401
6.529
,
DJF
0.2461
0.251
,
JPY
0.3653
0.3726
,
CAD
32.1795
32.8231
,
SAR
10.6905
10.9043
,
AED
10.9148
11.1331
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
29.6267
30.2192
,
SDR
,
ZAR
,
CNY
6.2058
6.3299
,
KWD
140.6245
143.437

awash

USD
44.3046
45.1907
,
EUR
52.6029
53.655
,
GBP
61.8271
63.0636
,
CAD
35.5575
36.2687
,
AED
12.0606
12.049

abyssinia

USD
44.1282
45.0108
,
GBP
57.339
58.4858
,
EUR
51.9433
52.9822
,
AED
10.8714
11.0888
,
NOK
4.4535
4.5426
,
SAR
10.6471
10.86
,
SEK
4.5931
4.685
,
CAD
31.4804
32.11

buna

USD
44.3046
45.1907
,
GBP
59.0449
60.2258
,
CHF
46.5671
47.4984
,
SEK
4.6822
4.7758
,
NOK
4.581
4.6726
,
DKK
6.401
6.529
,
JPY
0.3653
0.3726
,
CAD
32.1795
32.8231
,
SAR
10.6905
10.9043
,
AED
10.9148
11.1331
,
EUR
52.6029
53.655
,
CNY
6.2058
6.3299
,
AUD
29.6267
30.2192
,
KWD
140.6245
143.437

nib

GBP
59.0449
60.2258
,
EUR
52.6029
53.655
,
CHF
46.5671
47.4984
,
CAD
32.1795
32.8231
,
SEK
4.6822
4.7758
,
AED
10.9148
11.133111
,
SAR
10.6905
10.9043
,
ZAR
3.0145
3.0748
,
JPY
0.3653
0.3726
,
KES
0.405
0.413
,
DJF
0.2461
0.251
,
INR
0.5928
0.6047
,
CNY
6.2058
6.3299
,
DKK
6.401
6.529
,
NOK
4.581
4.6726
,
AUD
29.6267
30.2192
,
USD
44.3046
45.1907

wegagen

USD
44.3046
45.1907
,
GBP
59.0449
60.2258
,
EURO
52.6029
53.655
,
CAD
32.1795
32.8231
,
AUD
29.6267
30.2192
,
CHF
46.5671
47.4984
,
SEK
4.6822
4.7758
,
NOK
4.581
4.6726
,
DKK
6.401
6.529
,
DJF
0.2463
0.2512
,
INR
0.5967
0.6086
,
KSH
0.4076
0.4158
,
JPY
0.3653
0.3726
,
SAR
10.6905
10.9043
,
AED
10.9148
11.1331
,
ZAR
3.0342
3.0949
,
CNY
6.2058
6.3299
,
KWD
140.6245
143.437

dgb

USD
44.3046
45.1907
,
GBP
61.8271
63.0636
,
EUR
52.6029
53.655
,
CHF
48.7614
49.7366
,
CAD
35.5575
36.2687
,
AUD
32.7367
33.3914
,
SEK
5.1737
5.2772
,
NOK
5.0619
5.1631
,
DKK
7.0729
7.2144
,
DJF
0.2461
0.251
,
INR
0.5967
0.6086
,
KSH
0.4076
0.4158
,
JPY
0.4036
0.4117
,
SAR
11.8127
12.049
,
AED
12.0606
12.3018
,
ZAR
3.0342
3.0949
,
CNY
6.8572
6.9943
,
KWD
147.2508
150.1958

enat

USD
44.3046
45.1907
,
EUR
52.6029
53.655
,
GBP
61.8271
63.0636
,
CHF
48.7614
49.7366
,
SEK
5.1737
5.2772
,
NOK
5.0619
5.1631
,
DKK
7.0729
7.2144
,
KES
0.4076
0.4158
,
JPY
0.4036
0.4117
,
DJF
0.2461
0.251
,
CAD
35.5575
36.2687
,
AUD
32.7367
33.3914
,
SAR
11.8127
12.049
,
AED
12.0606
12.3018
,
ZAR
3.0342
3.0949
,
CNY
6.8572
6.9943
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: 280,565
New cases Reported In Ethiopia: 200
Critical in Ethiopia: 240
COVID-19 UPDATES LAST UPDATE( 2021-08-02 00:40:01.267 )
Active cases Reported In Ethiopia: 12,586
New Deaths Reported In Ethiopia: 5

Total Deaths Reported In Ethiopia: 4,390
Total Recovered Reported In Ethiopia: 263,587
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Fortune News

Fortune News

Businesswoman Acquires Nexus Hotel for 740m Br

July 31 , 2021 . By BAMLAK FIKADU


Featured

Featured

Voters Persevere over "Frustrating" Hurdles

June 21 , 2021

The sixth national elections are underwa...



Abinet Gebremeskel Departs MIDROC, "Sacked" or "Resigned"

Abinet Gebremeskel, a close confidant of Mohammed Hussein Al-Amoudi (Sheikh) for over three decades, has left the MIDROC Ethiopia Group in all but clear circumstances. Abinet says he had resigned from his respo...


Read more


NK

Editorial

Truce Isn't Settlement, But Promising Start for Durable Peace

They say making peace is harder than waging war. It is a real test of the courage of those making decisions on issues of life and death. Extending peaceful gestures in the midst of wars, in good faith, before victory is declared or defeated is accept...

Editorials

Clouds Gathering on Inflation, Policy Consistency Keeps the Rain at Bay

July 24 , 2021

There was an alarming increase in the price of Teffin August 2017. It suddenly skyrocketed from 2,000 Br a quintal to a whopping 3,000 Br. It was unexpected and put a burden on consumers, whi...

Sunday with Eden

The Birds Chirp No More. But Addis' Robbers Do

July 31 , 2021 . By Eden Sahle

Gone are the days where my family and I used to wake up to the singing of the birds nested at our house's old olive tree. Last Fri...

Society that Lacks Reading Culture Bound to Fail, on Repeat

July 24 , 2021 . By Eden Sahle

It is not unheard of for adults to proudl...

Dare Converse on Politics, But with Reason, Open Mind

July 18 , 2021 . By Eden Sahle

A group of us, friends, met over the weekend. Unsurprisingly...

Abebech's Mortal, Her Legacy Lives Immortally

July 10 , 2021 . By Eden Sahle

People Go Through Lots, It Helps to Listen Before the Rush to Judge

July 3 , 2021 . By Eden Sahle

The Forgivers, Superheroes Amongst Society

June 26 , 2021 . By Eden Sahle

'To Have and To Hold,' Easier Said than Done

June 19 , 2021 . By Eden Sahle

This week's print version

Viewpoints

Global Warming Saves More Lives than It Takes, Cold Deaths' Testament

July 31 , 2021 . By Bjorn Lomborg

Headlines worldwide tell us that hundreds have died after the recent heat waves in Canada and the northwestern United States. The stories invariably blame climate change and admonish us to tackle it urgently. However, th...

Blended Manager Beats MBA Ivy Leaguer. Graduate Schools Take Note

July 31 , 2021 . By Asegid Getachew

Management is a discipline that combines science and art. A certa...

When Customer's King, Insurance's 'Joyfully Compensated'

July 24 , 2021 . By Asseged G. Medhin

No power is stronger than customer bargaining capa...

Fixing the Global Tech Split

July 24 , 2021 . By Hoe Ee Khor and Suan Yong Foo

In New Budget Year, Cautious Optimism Ought to Trump Gloom

July 18 , 2021 . By Zelalem Bezabih

Political Violence Exposes Flaw of Federal System, Time to Renegotiate

July 18 , 2021 . By Shewangezaw Seyoum

With Greater Organisational Visibility Comes More Responsibility

July 10 , 2021 . By Asegid Getachew

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

In the Shadow of War, Voters Give Electoral Verdict

This past Monday was the second time Belay Zerihun, a second-time voter, has had to stand in a long queue over the past couple of months. The first time was in early May when he went to get his voter ID card during the extended registration period. H...

Editors Picks

Clouds Gathering on Inflation, Policy Consistency Keeps the Rain at Bay

July 24 , 2021

There was an alarming increase in the price of Teffin August 2017. It suddenly skyrocketed from 2,000 Br a quintal to a whopping 3,000 Br. It was unexpected and put a burden on consumers, which had to go deeper into their savings to buy the most impor...


Agenda


Crackdowns on Hotel Properties Leave Workers Dismayed



It is a tiny dwelling made of corrugated iron near the Gerji Mebrat Hail area, Bole District. For Aster Tsegaye, a 30-year-old woman, it is home. Working as a housekeeper in one of the hotels located on Haile Gebresellasie (Asmara) Road, Aster has...

Agenda

Import's Wild-Wild West

July 24 , 2021 . By HAWI DADHI

This year has been anything but a good year for Gabriela Esayas, a businesswoman who started a few years ago. Ordinarily, she would import goods up to three times a year. Not having been approved a letter of credit, Gabriela has only made a single trip abro...

Commentaries

State-sanctioned Treasury Bills Spoils Gov't, the Market Offers Salvation

Jul 31,2021 . By Abdulmenan Mohammed

The move towards a market-based treasury bills' auction is one of the significant steps taken in financial sector reforms. It is part of a broader reform package including, the fast depreciation of th...

One More Treaty for Gov't, One Giant Leap towards Legal Certainty for Businesses

July 31 , 2021 . By Yehualashet Tamiru Tegegn

In a bid to open up the economy, the government is taking var...

Farmers Sell for Pennies. Markets Starve for Agri-products. Where's the Missing Link?

July 24 , 2021 . By Habtamu Yesigat (PhD)

While traveling from Hawassa, currently a capital to both the...

My Opinion

Green Revolution Yet to Come to Ethiopia

July 31 , 2021 . By Christian Tesfaye

No country has ever industrialised while remaining food insecure. There are examples of countries such as India that have jumped from an agriculture-based economy to more service-based, without going...

Housing Predicament Needs Less Gov't

July 24 , 2021 . By Christian Tesfaye

It is the dream of many to own houses. It makes sense. It is one of the few things that make life easier. Primarily, a h...

The Survival Guide to Ethiopia's High Inflation

July 18 , 2021 . By Christian Tesfaye

Over the past two decades, there have been two significant economic challenges that have been a headache for policymaker...

Fortune video

Films Review

HOPKINS SHINES THROUGH THE TWILIGHT OF THE FATHER

May 15 , 2021 . By Christian Tesfaye

GORY KOMBAT, MORTAL DIALOGUE

May 8 , 2021 . By Christian Tesfaye

PROMISING YOUNG WOMAN TAKES THE CAKE, THEN THROWS IT IN EVERYONE'S FACE

April 30 , 2021 . By Christian Tesfaye

SHADOW IN THE CLOUDS, WOMEN UNDER PATRIARCHY

January 23 , 2021 . By Christian Tesfaye

Radar

DANGEROUS TREK

July 31 , 2021

Nearly everywhere one looks, there is a construction project in Addis Abeba, from roads to skyscrapers and parks. But as the construction is...

GREEN ROOF

July 31 , 2021

SCAFFOLDING PROTECTION

July 31 , 2021

Debub Global Appoints New Board Chairperson

July 31 , 2021

Ernst & Young to Advise Sugar Privatisation

July 31 , 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

Bye, Bye Movie Stars, Make Way for the 'Influencers'

Recently, I had a chat with a once aspiring broadcaster whose dream of being famous through his local FM radio programme fell by the wayside some time ago. I asked him how he became sure of...

Murphy's Law to Life in Present Day Ethiopia

July 24 , 2021 . By TADESSE TSEGAYE

Some famous sayings often express the need for pessimism. Take Murphy’s Law, which states that “if anything can go wrong, it will.” A lesser-known one is Hofstadter's Law: “everything will take longer than you think it will,” coined by Douglas Hofstadter, a...

Delicate number

39

loans collected, in Birr, by the banking sector by the end of the second quarter of the just-ended fiscal year, according to the National Bank of Ethiopia (NBE). It was 2.4pc higher than the same period in the previous year...

Life matters

The Tasteless Musical Tune of Female Objectification

July 31 , 2021 . By Kidist Yidnekachew

There are two epidemics in the music industry. One is not as bad but essential enough. Every week there is a musician that comes out with a song. This is good. Unfortunately, it is a repurposed song, originally performed by some singer from decades a...

Understood without Translation: When White People Speak Local

July 24 , 2021 . By Kidist Yidnekachew

It is a universal thing for friends to use a secret language, or one assumed to be not understood by...

Apple a Day Keeps the Ethiopian Health System Away

July 18 , 2021 . By Kidist Yidnekachew

Not long ago, a friend’s relative became sick. Her grandson rushed her to a hospital only to be greeted with a staggeri...

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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