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Fortune News

Sep 11 , 2020

Bishoftu to Host Meat, Dairy Products Lab

The Ministry of Finance has approved the construction of the first national research, laboratory and training centre for dairy and meat products. The centre will rest on 73ha of land in Bishoftu, Orom...

Sep 6 , 2020

TIGRAY STATE DEFIES

Banners flying high, speakers blaring campaign slogans and cafes abuzz with conversations about politics, Meqelle is in election fever as the Tigray Regional State prepares to hold a vote for its Stat...

Sep 6 , 2020

City to Involve Private Banks in Housing Projects

The city's housing bureau has prepared a directive that enables all private and government commercial banks to participate in financing the new cooperative housing scheme, where organised associations...

Sep 6 , 2020

CHINESE FIRM EMBARKS ON SHEGER BEAUTIFYING'S SECOND PHASE

A Chinese firm has begun the construction of a central square that rests on 179,000Sqm of land located adjacent to the premises of the Ministry of Foreign Affairs and on the National Palace Garage for...

Sep 6 , 2020

Concerned US Ties Certain Assistance to Ethiopia's Unilateral Move on GERD

Concerned by Ethiopia's unilateral decision to start filling the Grand Ethiopian Renaissance Dam (GERD) before an agreement, the United States has partially paused aid it has been giving to Ethiopia....

Sep 6 , 2020

Finance Ministry Scrutinises Seconded Employee Salaries

The Ministry of Finance has started conducting a nationwide study on the salary rates of project employees, those working at government offices under the payroll of international organisations. The st...

Sep 6 , 2020

Haile Resort Adama Basks in State-of-the-Art Tech

An Olympic gold medal athlete has installed the latest information and technology system at his hotel in Adama at a cost of 7.4 million Br. Haile Hotels & Resorts Group, co-founded by Haile Gebre...

Sep 6 , 2020

Opposition Party Accuses City Officials of Land Grab

Ethiopian Citizens for Social Justice, known as Ezema, has accused City Administration officials of a massive land grab and illegal distribution of condominium units in the capital. The political part...

Sep 6 , 2020

Commission Envisions Investment Fund for Start-ups

The Jobs Creation Commission aims to raise 100 million dollars for an investment fund in a bid to jump-start a greater number of firms that require early-stage and growth capital. In the making for...

Sep 6 , 2020

Headline Inflation Gallops to 20pc

Headline inflation, an indicator of the cost of living, recorded a 20pc rate in August, according to the latest report from the Central Statistical Agency (CSA). Gauged by the Consumer Price Index...

Sep 6 , 2020

Global Pioneers Interest-Free Insurance Policy

Global Insurance has started providing insurance policies in which members contribute funds into a pool to guarantee each other against losses or damages. The service, dubbed takaful, was launched as...

Aug 29 , 2020

DEATH OF THE CASKET SALESMAN

The projections of health experts and economists on the public health and food security impact of the Novel Coronavirus (COVID-19) pandemic have been bleak, especially when it comes to low-income coun...

Ethio Telecom Undergoes Major Expansion

Ethio telecom, the state telecom giant, has begun the process of replacing its business support system, which manages customer and billing information. The new components will enable the company to ho...

Aug 29 , 2020

Bill Introduces Online Reverse Auction System

The government has drafted a new bill that introduces electronic reverse auctions, an online real-time procurement process whereby suppliers vie to secure a deal by offering increasingly lower prices...

Aug 29 , 2020

Ethiopia Lines 22 Irrigation Dams up for Construction

The newly established government agency to oversee the construction of irrigation dams has kicked off a feasibility study and design process for the construction of 22 new medium and large irrigation...

Aug 29 , 2020

Companies Vie to Build School Dining Halls, Kitchens

A total of 45 construction companies submitted bids for the construction of kitchen and dining halls across 151 schools in the city, a project estimated to cost 25.5 million dollars. The Food Secur...

Columns

Commentaries | Aug 29,2026

The Education Minister Celebrates the Wrong Numbers

Every year, the Ministry of Education (MoE) sets a national examination. Every year, it fa...

Editorial | Aug 28 , 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

Between Tax Authorities, Dealers, Buyers Who Cannot Keep Up

For Tefera Worku, buying a car was meant to be a simple calculation of convenience. The co...

Agenda | Aug 29 , 2026 . By FITSUM TADESSE

Fed Now Repays Its Bills with More Bills

The federal government is increasingly relying on Treasury bills (T-bills) to repay Treasu...

Fortune News | Aug 29 , 2026 . By BEZAWIT HULUAGER