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April 22 , 2022 . By TSION HAILEMICHAEL

Growing Speciality Coffee Market Promises Sweet Prospects

Habtamu Bogale is a farmer who takes a great sense of pride in knowing "every inch" of the thick highland forests of Keffa. It is hard to challenge, for he grew up in Keffa Zone, South Western Regional State, where he and his peers spent their youth watching parents grow coffee. The legend of cof...

April 22 , 2022 . By TSION HAILEMICHAEL

Walking on Eggshells: Poultry Farms Grapple for Survival

Not much noise was coming from the six pullet barns as expected from such places. Five remained empty; four employees stood nearby the only barn housing chicken coops, readying to feed the fowl. A few feet away, a casually dressed man observed their work. Calmly. It was Dendin Debabu, a general manager of the poultry farm for the past 15 years. In his tenure at Alema Koudjis, in Bishoftu town, 61Km southeast of Addis Abeba, he has seen many ups and downs. Dendin could not recall when nearly all the barns were as empty. The farm was alive with the clucking of tens of thousands of chick...


April 22 , 2022 . By RUTH TAYE

Tella Thrives Owing to Price Jumps in Liquor Market

Near Hayat Hospital in Bole District lies a cosy and traditionally-furnished establishment dubbed Shifta Restaurant. For an outing in the busy neighbourhood of Addis Abeba, the name – literally translated as “bandit” – may sound uncanny. On a chilly evening last week, a few dozen regulars braved the cold and sat in small circles at the establishment, enjoying refreshing beverages and Caribbean cuisine. The vegan dishes are the restaurant's specialities. But Shifta Restaurant has gained a reputation for something else. It serves homemade beverages like tella, an Ethiopian beer bre...


March 26 , 2022 . By SAMUEL BOGALE

Ride-Hailing Companies Proliferate, Gov't Remains Incognizant

Before joining the taxi-hailing business, Abraham Temesgen, 33, spent his days working as a technician for a radio station based in Addis Abeba. His earnings were not enticing enough to keep him from joining the rapidly expanding pool of part-time taxi drivers. His parents came in handy. Abraham bought a 2003 model Toyota Corolla sedan and enlisted with Ride nearly three years ago. He has been at the job since, but not limited to what is one of Ethiopia's first taxi-hailing companies. He now offers his services on other platforms like Feres (Horse), one of the hailing gigs that proliferated...

Feature

January 15 , 2022

Diaspora Homecoming Breathes Life into Businesses. Will It Last?

On the verge of losing his job as a sales officer at Ayat (Real Estate) Share Company, Waktola Woldemichael was caught in a desperate search for potential homebuyers. In his late twenties, he could be...

January 7 , 2022

Affordable Homemade Cakes Contend for Sweet Market

Mekiya Ahmed, in her mid-thirties and a mother of one, returned to Ethiopia five years ago after the civil war broke out in Yemen. The homecoming was anything but easy. She spent nearly a year without...

January 1 , 2022

Hospitality, Guesthouses Recover as Diaspora Begins to Descend on Capital

Yilkal Kefyalew, 53, returned from Canberra, Australia, five years ago. He invested in the guesthouse business when the hospitality industry was booming in Addis Abeba and across the regional states....

January 1 , 2022

Silky, Flufy Dresses Cost a Pretty Penny

Not long after dawn on Friday, December 31, 2021, traders in Merkato opened their shops, anticipating a spike in business as the Christmas holiday approached. As the cold morning got warmer, the marke...

November 13 , 2021

Public Apathy Impairs COVID-19 Vax Drive

Pedestrians passing by the St. George Cathedral in Piassa a couple of weeks ago could notice a minivan parked outside the church. Inside the van was a group of seven health workers who were out to vac...

October 30 , 2021

Farmers Shift to Green-Gold Eying Export Markets

Not long ago, Ashenafi Ayalew, 41, would have laughed if told he could generate over half a million Birr from growing avocado on a hectare of land. A father of five, Ashenafi has spent the better part...

October 23 , 2021

The Gig Economy: Small Jobs, Large Outlook

When Abraham Fanathun enrolled on a diploma programme at Rift Valley University four years ago, his intention was to join the ever-growing workforce as an accountant. He comes from a family that had a...

October 16 , 2021

Flavoured Beverages Frenzy Takes Over Bar Scene

It is a small but cosy establishment dubbed "Beer Lovers" located in the Ayat neighbourhood, in the northeast suburbia of Addis Abeba. Over two dozen customers braved the chilly night, grouped around...

October 16 , 2021

BEAUTY'S PRICE: Makeup Schools Thrive Despite Prodigal Fees

Winta Ta'ime, 28, has been waiting for the opportunity to break into Addis Abeba's blossoming cosmetics industry. She has worked as a technician in a nail salon for over four years. Her job and raisin...

October 2 , 2021

MADAM MAYOR!

Almost three generations after Addis Abeba was founded, the elegant landmark of the capital, the City Hall, took 15 years to finish and a budget of eight million Birr when it was inaugurated in 1964,...

September 26 , 2021

Benishangul-Gumuz Remains Hole in Ethiopia's Electoral Debacle

When voters went to the polls in June this year, Tesfahun Adugna was following the political theatre from his home in Jigjiga, the seat of Somali Regional State, 622.5Km from Addis Abeba. Though he wa...

September 18 , 2021

Vehicle Security Market Crops Up as Car Thefts Climb

On an ordinary day last month, Dawit Eshetu, 26, parked his Toyota Hiace minibus half a kilometres from Qechene Medhanialem Church along Dej. Haileselassie Avenue. A taxi driver, he had come home from...

September 10 , 2021

Pandemic, Forex Crunch Hits Cross-Border Trade Hard

The temperature was almost 30 degrees celsius on a Tuesday afternoon last month. Motorcycles were everywhere, driving across the border between Kenya and Ethiopia but without any restrictions. Secu...

September 10 , 2021

Cinema Industry Gasps for Breath

When Yoseph Kassahun, 28, graduated from Addis Abeba University with a degree in civil engineering seven years ago, he had already decided to pursue a career unrelated to his field of study. Instead,...

September 10 , 2021

Fast Food Chains Continue to Flourish, Despite Rising Living Cost

On a regular Tuesday evening on Cameroon Street, across Bole Medhanialem Cathedral, Filimon Hailu and his friend Yohannes Bahru were making their way through a bustling crowd in one of the city's busi...

September 4 , 2021

Bazaar Scenes Struggle with Low Demand, Surging Prices

Wearing a grey sweater, chatting with his spouse and playing with his two daughters, Belay Asrat seemed unbothered by the noise and clamour coming from the crowd. On a Saturday morning, he and his fam...


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Capital Market Does Little to Help Crowded Out Private Sector

There was a great deal of handshaking and patting each other on the back at the Hyatt Rege...

Editorial | May 21 , 2022

Growing Speciality Coffee Market Promises Sweet Prospects

Habtamu Bogale is a farmer who takes a great sense of pride in knowing "every inch" of the...

Featured | April 22 , 2022 . By TSION HAILEMICHAEL

Education and Safety: Parents' Dilemma, Students' Anxiety

Hundreds of thousands of high school students prepare for matriculation exams, as Nahom Ta...

Agenda | May 21 , 2022 . By RUTH TAYE

Capital Market Launch Unlikely Before Two Years

Efforts to form the country's first-ever capital market took a meaningful step last week...

Fortune News | May 21 , 2022 . By BERSABEH GEBRE