FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Association Puts Notice on Unhealthy Lifestyle

Apr 29 , 2023


[ssba-buttons]

Over 31.4 billion Br loss is recorded from direct and indirect costs of non-communicable diseases annually, according to a study presented by Health Development and Anti-malaria Association. Panellists in the medical field presented their papers on the growing threat and how to address the problem at a workshop organized by the Association at the Inter Luxury Hotel on Guinea Conakry Street last week. Mussie GebreMichael (MD), a participant from the Ministry of Health, said the health burden of non-communicable diseases is growing at a breakneck pace accounting for 34.2pc of the total number of deaths recorded in 2019. According to Mussie, heart and artillery diseases take the lead at 14pc while chronic respiratory disease follows at 2.5pc and sugar and kidney failure account for four percent of the death toll. He stressed that diseases related to high concentrations of sugar, salt and saturated fat should not be overlooked as unhealthy foods are the factors accounting for 18.3pc of premature deaths.   Editors' Note: This article is updated from its original version on August 30, 2023.


Radar

Customs Authorities Intercept Major Alleged Contraband Shipment Worth 422 Million Br

The Customs Commission seized alleged contraband goods worth more than 422 million Br during inspections conducted between June 25 and June 30, 2026. The haul included clothing, electronics, ammunition, construction materials, coffee, vehicle spare parts, cosmetics, khat, narcotics, minerals, livestock and foreign currency. The Addis Abeba Airport, Moyale and Awash customs branches recorded the largest seizures, valued at 115 million Br, 93 million Br and 61 million Br, respectively. Authorit...


Radar

Hijira Bank Posts Record Growth as Assets Reach 31.45 Billion Br

Hijira Bank posted 3.55 billion Br in income in 2025/26, exceeding its combined earnings over the previous four years, while gross profit reached 1.9 billion Br. Assets rose 115pc to 31.45 billion Br, deposits doubled to 24 billion Br, and capital increased 202pc to 7.45 billion Br. Digital transaction value surged 86pc to 41.72 billion Br, foreign currency earnings reached 158 million dollars, and total banking transactions hit 615.39 billion Br. The bank also disbursed 1.5 billion Br in col...


Radar

Gadaa Bank Offers One Million Shares to Public Investors

Gadaa Bank has offered one million shares to the public at 1,050 Br per share following approval from the Ethiopian Securities Exchange (ESX) on June 22, 2026. The share sale keeks to expand the bank's capital base and strengthen shareholder value. The offering will run until September 17, 2026, and is open to existing shareholders and new investors who meet ESX requirements. It is open to existing shareholders and new investors who meet ESX requirements...