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Fortune News

Mar 27 , 2021

Disgruntled Labourers Walk Out at Coca-Cola Addis Abeba Plant

Almost one-third of employees at the Addis Abeba plant under East Africa Bottling S.C. have staged a walkout over a dispute with annual bonuses and unanswered requests about incentives and workplace c...

Mar 27 , 2021

Overseas Wheat Supplier Emerges Triumphant over Litigation

A wheat supplier based in the United Arab Emirates (UAE) cannot be held liable for additional costs incurred by a federal public procurement agency in sourcing wheat at a more expensive price after th...

Mar 27 , 2021

Planning Commission Drops 16pc of Ministry-proposed projects

Several public projects under review by the federal planning commission failed to receive a positive nod due to an inability to meet the commission's criteria and priorities. Close to 16pc of the ...

Mar 20 , 2021

ELBOW BUMP TO ENTREPRENEURSHIP

Filsan Abdullahi Ahmed (left), minister of Women, Children & Youth, elbow bumps President Sahle-Work Zewde before launching a continental networking platform for women entrepreneurs at the Skyligh...

Mar 20 , 2021

Agency, Health Ministry Officials in Deadlock over Competence Examination

Officials at the Ministry of Health and a federal agency in charge of quality education in higher learning are at loggerheads over the readiness of new graduates joining the medical industry to sit fo...

Mar 20 , 2021

Beverage Companies Win Favorable Verdict over Disputed Merger

A federal consumer protection agency has lost a bid to stop a merger of two companies in the beverage industry after a legal battle of 44 months came to an end last month. Justices at the Supreme C...

Mar 20 , 2021

Contractors Association Decries Shortage, Soaring Prices

Construction industry leaders have urged policymakers to “immediately” intervene in what they say are “untenable problems” besieging their industry, particularly concerning cement availability...

Mar 20 , 2021

Ministry to Open Unprecedented Transport & Logistics Areas to Foreign Investment

A series of industries in the transport and logistic sectors are now open to foreign direct investment, joint ventures with local businesses, and public-private partnerships (PPP). Authorities at t...

Mar 20 , 2021

Committee Gears Up for Chemical Disposal

A committee has been set up by the Federal Public Procurement & Property Administration Agency to conduct a study on how to effectively dispose of expired and toxic chemicals stockpiled at governm...

Mar 20 , 2021

Dire Dawa Hospital Scheduled to Close for Delinquent Taxes

A private hospital in Dire Dawa is threatened with a sudden closure due to a dispute over tax arrears claimed by the federal government. The management of Bilal General Hospital says it is only day...

Mar 20 , 2021

Agency to Begin Food Security Survey

The federal agency responsible for national statistics will give a closer look at how well the fourth round of the Productive Safety Net Programme (PSNP IV) has fared over the past five years in meeti...

Mar 13 , 2021

TIGRAY'S HEALTH IN TATTERS

Burnt cars and shelling-devastated landscapes, empty and deserted streets, and quiet and eerie nights, not to mention fighting and general insecurity, are the scenes and order of the day in Tigray Reg...

Mar 13 , 2021

Payment Modality Embroils Gov't, Fuel Retailers in Dispute

Demanding higher compensation, oil retail companies have refused to sign an agreement for a new payment scheme that requires the retailers to pay the cost of oil they receive upfront. The companies ar...

Finance Ministry Overhauls Tariff Book

The federal government has finalised the overhaul of its domestic tariff book, a price index for imported goods, by placing a customs duty on each item. The existing book puts duties and tariffs on ca...

Mar 13 , 2021

Lion Bank Registers Growth Third Year in Row

Income from interest on loans and advances helped Lion International Bank, one of the mid-sized banks, net 643.1 million Br in profit over the last fiscal year. The profit grew by 19.3pc compared with...

Mar 13 , 2021

Shemu Edible Oil Factory Cements Expansion

Shemu Plc, a company known for manufacturing fast-moving consumer products, invested 1.6 billion Br in its already operational edible oil plant in Dire Dawa to triple its production capacity. The expa...

Columns

Commentaries | Jun 06,2026

The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE