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Fortune News

Aug 31 , 2019

Nation's First Water Park Opens in Bishoftu

Kuriftu Resort & Spa inaugurated the nation's first-ever water amusement park in Bishoftu on August 31, 2019. The park, lying on 72,000Sqm of land, features a water play area and 123 international...

Aug 31 , 2019

Ministry Issues Ten Mining Licences

The Ministry of Mines & Petroleum has issued ten mining licences for seven companies with investments valued at a total of 258 million Br. Seven of the licences are issued for exploration, while...

Aug 31 , 2019

Ministry Upgrades Training Centre into University

The Ministry of Science & Education is considering upgrading the existing Federal Technical & Vocational Training Institute into a technical university. For the upgrade of the Institute, th...

Aug 31 , 2019

Ethio-Japan Business Seminar Takes Place In Japan

The Ethio-Japan Business Seminar is taking place in Yokohama, Japan with the presence of over 230 local and Japanese companies. The seminary is taking place as a side event of the seventh Tokyo Int...

Aug 30 , 2019

African Chamber of Commerce Forms in Japan, by Diplomats

The African Chamber of Commerce in Japan (AfCCJ) was formed today, by members of the diplomatic corps gathered for a forum where high-level delegates from no less than 45 heads of state from African c...

Aug 24 , 2019

CALLING ON THE GURUS

An initiative that partners the government of Ethiopia with economic experts from Harvard University was unveiled on August 23, 2019, at the Addis Abeba Hyatt Regency Hotel. The event was attended by...

Aug 24 , 2019

Ministry Removes Industrial Inputs Privileges

Imported complete knocked-down and semi knocked-down industrial inputs will not be getting a special privilege beginning this November, according to the revised customs tariff issued by the Ministry o...

Aug 24 , 2019

Lawmakers Legislate Controversial, Stringent Electoral Law

Candidates who run for a parliamentary seat should bring 3,000 endorsement signatures from their intended constituency, according to the new electoral law that was legislated last week. The controv...

Chamber’s Project Award Disgruntles Bidders

Cancelling a bid for the design of a five-year strategic plan and training, the Ethiopian Chamber of Commerce & Sectoral Association has awarded the contract to a company owned by a member of the...

Aug 24 , 2019

Delayed Rail Academy Begins to Fall into Place

For the construction of the nation's first-ever railway academy, the Ethiopian Railway Corporation compensated 150 farmers with 65 million Br to relocate from their land. To rest on 60ha of land, t...

Aug 24 , 2019

Two Local Firms Vie to Supply Bulk Rebar

Two local companies are vying to supply 21,761tn of rebar for various projects in the city with an estimated value of over 300 million Br. C & E Brothers Steel Factory and Mohammed Hassan Adem...

Aug 24 , 2019

Oromia Bank Goes Live with Upgraded Solution

Oromia International Bank, a decade-old private commercial bank, has gone live with an advanced core banking solution procured for one million dollars. ICS Financial System (ICSFS), a company from...

Aug 24 , 2019

Center Emerges to Train Leather Specialists

The World Bank has pledged 24 million dollars for the construction of the first Centre of Excellence for leather processing and technological advancement. Planned to be constructed by the Federal T...

Aug 24 , 2019

GIZ Drafts Sludge Management Guideline

The German development agency has drafted a new guideline on how to manage and reuse sludge discharged from textile and garment plants. Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ...

Aug 24 , 2019

Commission Writes Strategy to Recycle Car Batteries

A joint effort between the government and development partners will recycle car batteries, which are known for environmental contamination and can be toxic if humans become exposed to them. The Env...

Aug 17 , 2019

LEADING THE WAY

President Sahle-Work Zewde launched a five-year national road map to end child marriage and female genital mutilation (FGM ) with Yalem-Tsegay Asfaw, minister of Women, Children & Youth, in a cere...

Columns

Commentaries | Jun 13,2026

Logistics Reform Should Deliver More Than Market Entry by Foreign Capital

The recent policy decision to fully open freight forwarding to foreign capital may become...

Editorial | Jun 13 , 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 PRICE OF MISTRUSTING THE TAP

Bottled water, once a symbol of convenience and safety for most residents, has become a sm...

Agenda | Jun 14 , 2026 . By HELINA HADGU

Parliament Receives Biggest Budget Bill, Debt Already First in Line

Finance Minister Ahmed Shide walked into Parliament on Thursday, June 11, 2026, with the l...

Fortune News | Jun 14 , 2026 . By NAHOM AYELE