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Fortune News

Jun 26 , 2021

Gov't Gears Up to Upgrade Tax Management Systems

The federal government gears up to replace the tax administration system in use for two decades, with tax authorities hoping the new system will ease taxpayers's burden and allow greater transparency...

Jun 26 , 2021

Unidentified Camel Disease Poses Threats to Economies in Eastern Ethiopia

Over 1,000 camels have succumbed to an unidentified disease in Somali and Oromia regional states beginning last month. The disease also affected people who consume camel meat and milk in the affected...

THE POLLS, FINALLY!

Relative calm descended on the streets following the end of a rather pallid campaign season for Ethiopia's sixth national elections. On high-security alert and with a population more anxious about wha...

Jun 19 , 2021

Banks in Hot Water over Advance Payment Guarantee Bonds

Three banks navigate troubled waters following failure to settle advance payment guarantee bonds issued to grade-one contractors. Wegagen, Berhan, and Enat banks have been asked to settle 751.5 mil...

Jun 19 , 2021

Glove Shortage Hits Health Facilities Hard

A severe shortage of medical gloves has left medical personnel at risk of contracting infectious diseases as stocks quickly dwindle or run completely dry. The shortage has forced medical personnel...

Jun 19 , 2021

Insurers Set Threshold Rate, Avoiding Price War

The Association of Ethiopian Insurers filed a request to the National Bank of Ethiopia (NBE), seeking its approval of the threshold premium rate for two classes of business after a consensus was reach...

Jun 19 , 2021

Directive to Place New Limits on Projects Contractors Take

Construction companies will not be allowed to take on more than six projects at a time unless they outperform the conditions and expectations stated on their contracts, if a new directive comes to for...

Jun 19 , 2021

Uranium Deposits Among Minerals New Survey Discovers

Uranium deposits were identified among several other minerals in six weredas of the eastern region, including Harar Kersa, Babile, Girawa, Midaga, and Faddis. An outcome of a two-year survey on the pr...

Jun 19 , 2021

Ethiopia's Second Trauma Hospital Construction in Limbo

The construction of Ethiopia's second trauma hospital inside the compound of Alert Hospital is in limbo due to a shortage of finance. The project has seen significant delays after the contractor, Etet...

Jun 19 , 2021

Visually Impaired to Get Copyright Exemption

Developers producing content for the visually impaired will be exempted from criminal offences for republishing copyrighted materials when the copyright law is amended, for the second time since its p...

Jun 12 , 2021

TALE OF TWO ETHIOPIAS

Upbeat and confident, Prime Minister Abiy Ahmed (PhD) (right) arrived under the sunny weather of Debre Markos, East Gojjam Zone, early last Monday. He, as well as Deputy Prime Minister Demeke Mekonnen...

Jun 12 , 2021

Shipping Company Surges Tariffs, Blames Container Shortages

The Ethiopian Shipping & Logistics Services Enterprise (ESLSE) has introduced new cargo tariffs comprising four times higher than its rate last year, blaming a shortage of containers due to imbala...

Central Bank Slaps Debub Global Executives Over LC Malpractice

Regulators at the National Bank of Ethiopia (NBE) have issued a stern warning to the President and Vice-president of Debub Global Bank over what they say was "negligence" during the managment of lette...

Jun 12 , 2021

Petroleum Dealers in a Pickle Over New Payment Scheme

Petroleum companies have introduced new payment modalities on hundreds of gas retailers, which are now required to deposit a guarantee with an average value of five million Birr. The demand comes f...

Jun 12 , 2021

ADMI'N FILLS TOP FOREIGN POLICY SPOT

Girma Temsegen (right), a career diplomat who first joined the foreign office in 1991, has been appointed to serve as a foreign policy advisor to Prime Minister Abiy Ahmed (PhD). Having a minister's r...

Jun 12 , 2021

Second Round of COVID-19 Jabs Approaches, Doses Remain Unacquired

Ethiopia faces a critical shortage of second doses of the COVID-19 vaccine as authorities find themselves in a difficult position to complete the regimen of millions of people who have already receive...

Columns

Commentaries | Jul 31,2026

The Rains May Fail, Policy Dare Not

Weldu Yiheysh has not read the Pacific temperature charts. He does not need to. In Shibta...

Editorial | Jul 31 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

Tax Bills Outrun the Metre, Stalling Ride-hailing Drivers

Elbeletel Tilahun was among the ride-hailing drivers startled by this year's tax assessmen...

Agenda | Aug 1 , 2026 . By BEZAWIT HULUAGER

Right-sizing Tests Addis Abeba University’s Promise for Autonomy

Addis Abeba University set out to win its institutional autonomy. Two years in, that freed...

Fortune News | Aug 1 , 2026 . By NAHOM AYELE