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Fortune News

Aug 2 , 2025

New Directive Mandates Central Oversight, Digital Integration for SOEs

A sweeping new directive has been issued, marking a shift in the governance of state-owned enterprise (SOE) procurement. This directive brings over 40 major enterprises under unified oversight and dig...

Aug 2 , 2025

False Banana to Get Real Following Ministry's Enset Investment Plan

Federal authorities in the agricultural sector are placing a strategic bet on an indigenous crop that has been overlooked mainly beyond its traditional highland roots. Enset, also known as “false ba...

Aug 2 , 2025

Cosmo Trading Back in Court as Prosecutors Challenge Previous Rulings

A long standing corporate dispute over Cosmo Trading Plc has resurfaced at the Federal Supreme Court, after a federal prosecutor, Kahesay Negasi, lodged an appeal challenging a prior ruling that favou...

Aug 2 , 2025

Gadaa Bank Ventures into Capital Market with New Securities Arm

Gadaa Bank is set to launch a securities dealer share company with an initial investment of 80 million Br, receiving a trade license from the Ministry of Trade & Regional Integration (MTRI) on Jul...

Aug 2 , 2025

FLOODS TEST ADDIS' URBAN AMBITION

The scenes have become all too familiar. Torrents of rain batter the city, transforming boulevards into brown rivers, swallowing vehicles, drowning commerce, and mocking the authorities' infrastructur...

Jul 27 , 2025

ABYSSINIA BANK GOES GREEN

The Bank of Abyssinia has gone all-in on paperless banking, betting that biometric log-ins and touch-free kiosks will save it hundreds of millions of Birr in printing costs while enhancing its green c...

Jul 27 , 2025

In Greening Addis Abeba, a Legacy Planted, a Market Overlooked

As Addis Abeba ushers in this year's rainy season, city officials have committed to planting 4.2 million seedlings across the capital, a far cry from last year's 26 million. Although the scale has nar...

Jul 27 , 2025

Ethio telecom Posts Record Growth While Power Shortfalls, Disclosure Raise Concern

Ethio telecom's latest annual performance review painted a picture of rapid infrastructural expansion and commercial resilience. However, behind the growth lies a deepening strain on the country's ail...

Jul 27 , 2025

Tourism Collapse Triggers Foreclosure Threats in Sacred Town

Once a crown jewel of the country's tourism circuit and a beacon for international pilgrims, Lalibela now finds its lifeline severed. Its hospitality industry, the backbone of the local economy, is bu...

Jul 27 , 2025

Gender-Blind Fiscal System Overburdens Women: Study Finds

A groundbreaking study has uncovered deeply entrenched gender disparities in the tax system, revealing how ostensibly neutral fiscal policies disproportionately burden women. Contrary to the common...

Jul 26 , 2025

Addis Abeba Businesses Face Mandatory Health Insurance Fee Stirring Dissent

The Addis Abeba City Administration has mandated all businesses to contribute to the Community-Based Health Insurance (CBHI) scheme as a precondition for accessing essential government services, inclu...

Jul 26 , 2025

Elite School in 129m Br Tax Crosshairs

A simmering tax dispute between federal tax authorities and Sandford International School (SIS) is threatening to escalate into a courtroom confrontation, putting the status of nonprofit education und...

Jul 19 , 2025

Startup Law Promises Change But Faces Trust Deficit

Federal lawmakers have finally passed the long-anticipated startup law, setting the stage for what many in the sector hope is a transformative shift in the country's technology and innovation ecosyste...

Jul 19 , 2025

Feds Crack Down on Parallel Market with Tougher Fuel Enforcement

An aggressive push by federal authorities to digitise fuel sales has ignited a market-wide reckoning, exposing deep-rooted illicit trade and the limits of digital transformation in a country still str...

Jul 19 , 2025

Hailu Shawel's Sons Rekindle Bitter Feud Over Father's Assets

A new lawsuit filed by Hailu Shawel's, once a towering figure in both engineering and opposition politics, third son, has intensified a years-long inheritance dispute. Allegations of asset mismanageme...

Jul 19 , 2025

Supreme Court Sets Bold Course Toward Digital Justice

The Federal Supreme Court has unveiled a sweeping plan to digitise the judicial system, marking one of the most ambitious overhauls in its modern history. Branded as “eCourt Ethiopia,” the init...

Columns

Commentaries | May 09,2026

Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE