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Dec 1 , 2024 . By AKSAH ITALO

Government Reforms Battle Market Forces on Cement Industry Control

On the outskirts of Addis Abeba lies the subdued Qaliti cement market with retailers like Tsigereda Eshetu gazing for customers that may be interested in their products. The price for a quintal of cement has sharply dropped by 27pc to 1,700 Br. Over the past two weeks, demand has remained neutral...

Nov 24 , 2024 . By AKSAH ITALO

Mercato's Taxing Transformation Tests Tax Authorities

Business owners in Mercato, the largest open market, were left stunned by a sudden gridlock following a consequential decision by authorities to tighten tax administration in the economic hub. The move has exacerbated an already fragile business climate in the capital. Last week, many closed their shops for a few days in protest. Some, fearing potential confrontations with authorities, discreetly moved their merchandise under the cover of night. A 38-year-old retailer sat in quiet unease in front of his shop around the Military Tera area, a hub for selling tailored garments. He expressed a...


Nov 16 , 2024 . By BEZAWIT HULUAGER

Perfect Storm of Climate, Health, Supply Chain Issues Trigger Resurgent Malaria

Malaria is no stranger to Ethiopia. Every year, the disease poses a public health issue, especially in rural regions where the majority of the population lives in areas conducive to mosquito breeding. However, as the country wrestles with a sharp uptick in cases and fatalities in 2024, the ongoing crisis reveals deeper, systemic issues ranging from climate change and health infrastructure shortcomings to global supply chain disruptions. Mandela Abiyu, a 24-year-old student from Butajira, Central Ethiopia Regional State, never imagined that a brief academic journey to Jinka General Hospital...


Nov 9 , 2024 . By BEZAWIT HULUAGER

Blackouts Plague Residents as Aging Grid Fails to Deliver

Dagmawit Yilma, a mother of three young boys, knows the struggle of Ethiopia's energy crisis all too well. Simple tasks like making breakfast and preparing school lunches have become a daily ordeal thanks to the persistent power outages. With the rising cost of living, affording charcoal for cooking has become difficult. "My TV also broke down," she said, explaining how power surges destroyed her 55-inch Samsung. Her refrigerator has become unreliable, leaving her family with spoiled food far too often. Even baking injera requires her to travel to her in-laws' house. Living in a condominium...

Agenda

Nov 3 , 2024

Schools Disrupted, Dams at Risk

A calm Monday morning on October 7, 2024, took a turn for residents of southern Afar Regional State. An earthquake that rattled the campus caused widespread chaos and fear for students at Sabure Prima...

Oct 27 , 2024

Infrastructure Woes Derail Hosting Football Dream

Ethiopia's football scene is undergoing a transformative period, marked by ambitious aspirations and pressing issues. The country's dream of hosting the 2029 Africa Cup of Nations (AFCON) has ignited...

Oct 20 , 2024

New Bill Breaks Real Estate Brick Walls

Sixty-year-old Alemnesh Nigussu had a dream—to secure three apartments for her children. With a considerable sum of 4.5 million Br, she invested in Purpose Black, a relatively new real estate compan...

Oct 13 , 2024

Coffee Exporters Left Steaming as Central Bank's Forex Grind Brews Trouble

A recent directive is roiling the coffee industry, following the Central Bank's requirement that exporters convert half of their foreign exchange earnings into local currency within 30 days. Exporters...

Oct 6 , 2024

Addis Abeba University's Autonomy Shuts the Door on Brightest Minds

For as long as he could remember, 18-year-old Menase Samuel had dreamed of studying software engineering at Addis Abeba University (AAU). Like many of his peers, he saw AAU as the pinnacle of higher e...

Sep 28 , 2024

Inflation, Insecurity Leave the Tourism Industry Smouldering

For 43-year-old Alemnesh Neri, travels to her hometown of Gumer in central Ethiopia have long been a cherished tradition. Twice annually for the past 22 years, she would make the trip from Addis Abeba...

Sep 22 , 2024

Legacy Businesses Face Succession Struggles, Market Shifts

Heleanna Georgalis never anticipated that she would become the fourth-generation proprietor of Moplaco Trading Plc, a venerable coffee trading company founded in 1897 during Emperor Menelik's reign. B...

Sep 14 , 2024

Holiday Market Dampened by Rising Food Prices

Atkilt Tera, located in the Haile Garment neighbourhood, has not seen its usual activity. The vibrant market stalls for vegetables now stand largely empty, and the scarcity of onions, in particular, h...

Sep 8 , 2024

Online Market Thrives During Festive Season

Mekdes Endale's business journey began after her return from Dubai, where she lived for two and a half years. Like many businesses born out of necessity, she launched Mekdi Surprise & Delivery to...

Sep 1 , 2024

Public Hospitals' Drug Shortages Reveal Deep-Rooted Budget Issues

An attendant at Minelik II Referral Hospital, Kindu Berihun was shocked by the cost of surgery needed for his relative. The patient, a 28-year-old bartender was rushed to the hospital last week due to...

Aug 25 , 2024

University Lecturers Grieve for Reform Amid Pay Disparities, Professional Struggles Chronicles

For Nega Gudetaa, a hydraulics lecturer at Mizan Tepi University in South West Regional State, becoming a researcher was a lifelong dream. He graduated with honours, yet the reality of his career has...

Aug 18 , 2024

Rising Costs, Inflation Threaten Insurance Industry

Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to accidents. For two years, his insurance company had reliably covered his claims, but a recent visit to the insurer...

Aug 11 , 2024

Substandard Drugs, Fractured Pharma Market: Bitter Pills Patients Swallow

On a rainy afternoon, Almaz Teshome, draped in yellow and black, walked through the 8th-floor hallway of Tikur Anbessa Specialized Hospital (TASH). She had just visited her 30-year-old son, newly diag...

Aug 4 , 2024

Businesses Brace for Floating Impacts

Last week, a soap and detergent manufacturer was in the middle of finalising a seven million Birr import payment for chemicals, mandatory input for his production. On July 29, 2024, he was hit with ja...

Jul 28 , 2024

BREWING DISCONTENT

Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently switched to local brews following a 20 Br increase in beer price...

Jul 21 , 2024

Tradition Meets Transition

Bole Airport Area Residents' Idir members gathered at a consumer association cafeteria around Cape Verde St for their monthly meeting. What began as a routine gathering turned into a storm of confusio...


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Featured | Nov 16 , 2024 . By KALKIDAN NEGASH

Government Reforms Battle Market Forces on Cement Industry Control

On the outskirts of Addis Abeba lies the subdued Qaliti cement market with retailers like...

Agenda | Dec 1 , 2024 . By AKSAH ITALO

FRANCE'S SOFT POWER MAKEOVER

France and Ethiopia have reinforced their bilateral relationship with a landmark agreement...

Fortune News | Dec 1 , 2024

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