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Sep 8 , 2019

Walia Presses Ahead to Rescue Walia Ibex

Temera Tigabu was born and raised on the cliffs of the Simien Mountains, some 830Km north of the capital. The last child to a family of four, she says growing up in the mountains made her upbringin...

Sep 8 , 2019

Ten Things to Know Before Buying Real Estate

Three years ago, 48-year-old Almaz Mekonnen, who had been living in a rental house for almost a decade, had decided to end life at a rental house. "Rental fees were constantly increasing, becoming a...

Sep 8 , 2019

Ten Exciting Innovations of the Year

Twenty-year-old Sebelewongel Biruk used to receive sharp criticism from her family on her ability to bake injera, a sour flatbread made of teff. She was never able to bake the perfect injera and f...

Sep 8 , 2019

Five Execution Cases that Grabbed Highest Offers in Court

Many people who do not have detailed information about the legal procedures of the country would assume that a civil legal case is concluded once a court makes a judgment. However, it is not. If so...

Aug 31 , 2019

TICAD: Japan's Tool to Out Compete Other Asian Giants in Africa

On the morning of August 30, 2019, Keiichi Furukawa, executive officer of Fukunaga Engineering, and Habtom Welday, an intern at the same company, were at Pacifico Yokohama, officially known as Pacific...

Aug 24 , 2019

City Faces Hurdles Taxing Hard-to-Tax Businesses

Two weeks ago Abiy Getachew, an accountant at Novis Import & Export Plc, a company that has exported pulse crops and imported Sino Trucks for the past two years, was at the Western Addis Abeba Tax...

Aug 17 , 2019

Ban on Unlabeled Foods Despairs Manufacturers

On a sunny Thursday at the beginning of this month, dozens of people were shopping at the Shoa Supermarket on Africa Avenue (Bole Road). Some seemed familiar with what they are buying. They just pi...

Aug 10 , 2019

Financial Reform Triggers Flurry of Bank Formations

Hussein Ibrahim, 43 years old and father of three, had been in a salt distribution business for a decade and a half that brings the mineral from Afdera, an area in Afar Regional State known for its sa...

Jul 27 , 2019

Forex Crunch Pushes Banks into Risky Business

For Abichu Yoseph, forty-five years old and a father of two, buying a house was one of his dreams that always seemed far-fetched. Moving to Addis Abeba eight years ago from Harar, he accepted a pos...

Jul 13 , 2019

State Bank Gobbles UP Utility Payment Services

Berhanu Regassa, 40, an employee of Awash Bank has been a loyal customer of the Legehar branch of digital service provider Lehulu, where he has been paying his monthly utility bills since the firm ope...

Jul 6 , 2019

Government Nurtures Business Startups

Anduamlak Mehariw and Egzieryalew Ayele graduated from Addis Abeba Institute of Technology three years ago with degrees in mechanical engineering. For their final year project thesis, they chose to...

Jun 22 , 2019

Lubricant Supply Feels Heat of Forex Crunch

Dagim Yosef, 40, a father of two and expecting a third child soon, has never encountered such shortages for lubricants in the seven years he has been in the industrial lubricant business. He operat...

Jun 15 , 2019

Construction Slump Impacts Equipment Rental Business

On the afternoon of June 12, 2019, Leulseged Belachew, 43, was lounging with his friends around CMC square. Leulseged and his friends are waiting for someone to rent construction equipment, so that th...

Jun 8 , 2019

State Concedes Leather Industry Challenges, Operators Cry Foul

For Walia Tannery, which has been exporting semi-processed hides and skins for close to six decades, the leather business has paid off handsomely to its owners for years. The company's annual expor...

Jun 1 , 2019

Drought Pushes Teff Prices to Record High

Early this month, Eshetu Lema, 48, was in Merkato, the largest open market in the capital. He was looking to buy teffin one of the specialized sections of the market, Ehil Berenda, where cereal crops...

May 25 , 2019

Forex Crunch Escalates Price of Dates

On the afternoon of May 21, 2019, Mohammed Dinsefa, 27, was in Merkato, the large open-air marketplace in the capital, searching for dates, a fruit used to break the Muslim daily fast, Iftar, during R...


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