Fortune News

Winning Concession, Industrial Parks Fight against Transactions Cap

Companies operating in the country's industrial parks have raised concerns with the central bank's recently-passed directives that place limits on transactions and retention r...

Nyala Insurance to Join "Takaful" Bandwagon

April 10 , 2021 . By HAWI DADHI

Nyala Insurance S.C. is the latest firm to announce plans to join Takaful, a Sharia-compliant form of insurance business. It has hired AlHuda Centre for Islamic Banking &...

Frontline Workers, Seniors First COVID-19 Jab Recipients

April 10 , 2021 . By KIDIST NEKATIBEB

Frontline healthcare workers are given priority for vaccination against COVID-19, which began on March 13, 2021, and over 27,000 of them have so far received their inoculation...

Abay Bank Sees Slack Year in Decade

April 10 , 2021 . By KIDUS DAWIT

It was not a gratifying year for the shareholders of Abay Bank, which fell short of repeating the impressive performances it had been exhibiting for the better part of its decade in operation. Abay�...

It was not a gratifying year for the shareholders of Abay Bank, which...

BREATHING THROUGH THE WORST OF TIMES

April 3 , 2021 . By HAWI DADHI

In full personal protective gear, medical staff attend to Novel Coronavirus (COVID-19) patients inside a makeshift intensive care unit (ICU) at Millennium Hall on Africa Avenue (Bole Road). These are...

In full personal protective gear, medical staff attend to Novel Corona...

EthSwitch to Launch Instant Retail Payment Settlement

April 3 , 2021 . By HAWI DADHI

EthSwitch S.C., the national switch operator for the banking industry, is set to roll out several digital payment solutions that will introduce new features. The company has been providing solutions t...

EthSwitch S.C., the national switch operator for the banking industry...

Ministry to Demolish State Monopoly on Multi-Modal Transport Sector

April 3 , 2021 . By HAWI DADHI

The multi-modal transport sector will soon be open to private companies after authorities finalise a bill they hope will introduce liberalisation, thereby opening a long-closed industry to the private...

The multi-modal transport sector will soon be open to private companie...

Bottlenecks Choke Desperate Water Bottlers

April 3 , 2021 . By NEJAT AHMED

Industrial water bottlers have lodged complaints and a plea for assistance before the authorities at the Ministry of Trade & Industry, claiming that issues with foreign currency shortages and disr...

Industrial water bottlers have lodged complaints and a plea for assist...

April 3 , 2021 . By HAWI DADHI

A campaign to repair medical equipment is set to begin with...

April 3 , 2021 . By KIDUS DAWIT

It was a good operating year for Addis International Bank (A...

April 3 , 2021 . By BAMLAK FIKADU

GuzoGo, an online travel booking application, has entered in...

April 3 , 2021 . By BAMLAK FIKADU

The town of Debre Brehan will get its first vehicle-assembly...

Columns

Editorial

Regional Fiscal Perfidy Stems from an Indulgent Fed. Alarming!

April 10 , 2021

It is not often the case for regional states' leaders to swallow their vanity and dec...

Bailout Needs to Contend with Original Sin of Political Corruption

April 3 , 2021

As an Auditor General, he was not the most conspicous of officials in the mainstream...

At Odds with Dev't Partners, Ethiopia Could Miss Out on Improving World Economy

March 27 , 2021

In an unprecedented turn of irony, just as Ethiopia began an attempt to open up to th...

With Limited Room for Maneuver, Gov't Should Tread Carefully with Oil Supply

March 20 , 2021

There is never a dull moment in the tense and combative relationship between regulato...

Sunday With Eden

Everyone Needs to Answer for Ethiopia Predicaments

A few days ago, a friend told me an unnerving story – highly illustrative of Ethio...

April 10 , 2021 . By Eden Sahle

COVID Makes Comeback: This Time Without Kidding Around

Over the weekend, among the people who lost their lives due to the Novel Coronavirus...

April 3 , 2021 . By Eden Sahle

Life Matters

Don't Judge People by Their Tattoo

Do not judge a book by its cover, we say. But we still judge all the same. It is much worse when it comes to a living, breathing person. We...

April 10 , 2021 . By Kidist Yidnekachew

Forgive Some Debt in Time of Hardship

It is often people somewhere near the middle of the socioeconomic ladder who lend money and give the borr...

April 3 , 2021 . By Kidist Yidnekachew

Agenda

On Forex Front, New Rules Bring New Problems

April 10 , 2021 . By HAWI DADHI

For Fitsum Alemayehu (MD), general manager of Biotech Plc, an importer of pharmaceuti...

Ethiopia Lives Through the Worst of Times

April 3 , 2021 . By HAWI DADHI

A 59-year-old man, an actor by profession, fell severely ill about five months ago....

NO PLACE LIKE HOME: The Fate of Tigray’s Displaced

March 27 , 2021 . By MAYA MISIKIR

Merhawit’s days in the town of Mai Kadra, Tigray Regional State, were mostly calm a...

Mobile Money Pioneers Brace for Ethio Telecom's Entrance into Sector

March 20 , 2021 . By HAWI DADHI

It was a humid day out in Addis Abeba's streets where customers sat comfortably away...

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...