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Fortune News

Sep 14 , 2019

Ethiopian Unveils App to Uplift Transit Passenger Experience

Ethiopian Airlines, the national air carrier, has added four of its services to the online system that integrates the immigration office and hotel services. Developed and customised by 10 staff mem...

Sep 14 , 2019

Central Bank Alters Foreign Currency Account Rules

Diaspora international remittance service providers can now open a foreign currency account and maintain foreign currency in retention accounts, according to a new directive issued by the National Ban...

Sep 14 , 2019

Institute Upgrades Education Level for Hospitality Professionals

If approved by the Council of Ministers, the Catering & Tourism Training Institute (CTTI) will start training tourism and hospitality professionals at a first-degree level. Endorsed by the Mini...

Sep 14 , 2019

Woliso Gets First Public Hospital

Woliso, a town located 110Km from the capital, has received its first government-owned hospital. Woliso General hospital, built for 120 million Br, is expected to be fully operational in two months. ...

Sep 14 , 2019

City Bans Commercial Vehicles from Taxi-hailing Services

Vehicles with a commercial license plate can no longer engage with ride-hailing services, according to a new directive issued by the City Administration. The Addis Abeba City Administration Transpo...

Sep 14 , 2019

Aluminum Maker Ventures into Water Bottling

B & C Aluminum Plc, a local pioneer in aluminum production, invested over 410 million Br to set up a water bottling plant, in Aregobena Wereda of Sidama Zone. Garanba Bottling Plc, which is loc...

Sep 8 , 2019

CHANGING TIMES

Things change. That may be a cliche, but it is also true. Addis Abeba is a big city now with high rises, ring roads and even a train service. A lot of its residents live in condominium apartments. The...

Sep 8 , 2019

Five Scenes Disappearing from Social Life in Addis Abeba

There was a time back in the 1980s and 90s where different scenes and consumer products were commonly used and practised. However, changes have led these trends and consumer products to start phasing...

Saudi Co. Ahead of Contenders to Build 250MW Solar Project

A Saudi Arabian energy company, ACOA, is ahead of the competition in a bid to win a deal with the Ethiopian government to build an industrial scale solar park, which will be the first of its kind for...

Sep 8 , 2019

Asian Companies Secure Deal to Power Six Towns

One Indian and four Chinese firms have secured a project to upgrade electric power distribution lines in six regional towns at a cost of 80 million dollars. Ethiopian Electric Utility awarded the c...

Sep 8 , 2019

Addis Home Depot Inaugurates Seventh Merchandise Store

MIDROC Technology Group inaugurated the expansion of its building and construction materials store, which cost a total of 93.1 million Br. Executives of the company and Mesenbet Shenkute, president...

Sep 8 , 2019

Enterprise, Trade Ministry at Loggerheads Over Oil Supply

Two federal agencies find themselves in a bitter dispute, following a decision by the Ethiopian Industrial Input Development Enterprise (EIIDE) to stop supplying edible oil to the market. The Enter...

Sep 8 , 2019

Olympic Committee Steps into Water Bottling Business

The Ethiopian Olympic Committee is stepping into a profit-making business by constructing a water bottling and juice processing plant at Chacha, Amhara Regional State. The Committee is investing 9...

Sep 8 , 2019

Dashen Unveils Special Branch

Dashen Bank, one of the leading private banks, has invested five million Birr to open a special branch inside its recently inaugurated headquarters. Named after the Ethio-Saudi business tycoon Moha...

Sep 8 , 2019

Fleet Mang't Firm Ventures into Delivery Service

Horizon Express, a local fleet management company, has ventured into home delivery services by partnering with application developers and vehicle owners. For the service, Horizon has acquired five...

Sep 8 , 2019

Belcash Launches E-commerce Platform

A Dutch company technology company developed an application that enables buyers to order, pay and receive a shipment. Belcash Technology Solutions Plc launched the e-commerce platform, HelloMarket...

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