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Fortune News

Jun 27 , 2020

Theft Leaves Bole-Lemi Industrial Park in Dark

An incident that caused damage to power transmission towers left 22 companies operating in Bole-Lemi Industrial Park without electricity. Residents of Summit Condominium, Bole Arabsa, Goro, ICT Park,...

Jun 27 , 2020

Danish Firm to Assess Ethiopia's Road Mgmt System

NTU, a Danish consultancy company, has secured a contract to conduct a road traffic control and emergency response pilot study for 71 million Br. The Ministry of Transport hired the company mid-Jun...

Jun 27 , 2020

Ministry to Institutionalise Building Permit Process

The Ministry of Urban Development & Construction has drafted a proclamation that proposes the establishment of an executive organ in all urban centres to approve building plans, supervise approved...

Jun 27 , 2020

Bole Road Gets Eight Traffic Lights

The city's Road Traffic Management Agency has installed eight new traffic lights on African Avenue (Bole Road) with the goal of regulating traffic congestion through the corridor. The Addis Abeba C...

Jun 27 , 2020

Ex-Investment Commissioner Opts to Join Intergovernmental Org

Abebe Abebayehu, ending two years at his post as commissioner of the Ethiopian Investment Commission and a total of five years of public service, is venturing into the intergovernmental sphere. The...

Jun 27 , 2020

Wood Processing Plant Sets Foot in Debre Tabor

A Chinese company is set to build a wood processing plant in Debre Tabor town, 324Km from the capital, with an investment of five million dollars. Wu Ke Song Wood Products will process plywood and...

Jun 27 , 2020

Pensioner's Agency Switches Payment to Banks

The Addis Abeba Region of the Public Servants Pensioners Agency has terminated its contract with the Ethiopian Postal Service Enterprise for the monthly payments to pensioners. The Agency will now be...

Jun 27 , 2020

Opposition Party Decries Ethio Telecom Privatisation

The Ethiopian Citizens for Social Justice Party, widely known as Ezema, has put out a statement decrying the decision of the government to continue with the partial privatisation of state-owned Ethio...

Jun 20 , 2020

ONION TEARS

They may be few in number, but consumers are venturing to the vegetable market in Qera to buy basic food items at prices that are becoming more and more prohibitory. One of the main culprits is the re...

Bill Outlines Formation of Secondary Market Regulatory Agency

Ethiopia will soon have its own Capital Market Authority that will supervise and regulate a new financial market, where equities, bonds and financial derivatives will be transacted, according to a bil...

Jun 20 , 2020

EY Draws Nearer to Advising Ethio Telecom Privatisation

Ernst & Young (EY), an advisory, tax and transaction services provider, has moved closer to securing a deal to advise the partial privatisation process of the state-owned Ethio telecom. EY has bee...

Jun 20 , 2020

Agency Drafts Directive to Activate Online Learning

The Higher Education Relevance & Quality Agency (HERQA) has drafted a directive that will enable higher education institutions to teach undergraduate and postgraduate students online. It is the...

Jun 20 , 2020

Hyatt Regency Gets Back on Track with Paperless Services

The Hyatt Regency, which stopped service for almost two months, has reopened its doors to patrons under a new style of operation. The hotel is now offering guests a paper-free experience that is in co...

Jun 20 , 2020

Ethiopia Permits Self-Isolation to New Entrants

The government has loosened the chains around the state of emergency decree, allowing funerals to take place with the presence of families and cutting the mandatory quarantine period by half for those...

Jun 20 , 2020

Tomoca Coffee Branches out to Kenya

The seven-decade-old Tomoca Coffee company has joined in the deluge of international food and retail chains establishing a presence in Kenya and tapping into the continent's expanding consumer class....

Jun 20 , 2020

Bankers Association Sets Up Committee to Offset COVID-19 Impact

With growing concern at the spread of Novel Coronavirus (COVID-19), the Ethiopian Bankers Association, a consortium of commercial banks, has formed an ad-hoc committee that will work on lessening the...

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