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Fortune News

Oct 6 , 2024

Ministry Unveils New Patient Safety Guidelines

The Ethiopian Ministry of Health (MoH) has made a significant move toward improving healthcare by launching the country's first-ever National Patient Safety Guideline (NPSG). This guideline aims to ad...

Sep 28 , 2024

FESTIVITY MEETS FRUGALITY

For 43-year-old Alemnesh Neri, the twice-yearly trips from Addis Abeba to her hometown of Gumer was a cherished tradition, a time to reconnect with family and bring gifts from the city. This year, the...

Sep 28 , 2024

Ethiopia's Digital Strides Amid UN's E-Governance Index Low Ranking

Ethiopia's journey into the digital age faces challenges as a recent UN report ranked the country 169th out of 193 countries in the E-government Development Index. Published last week, the survey c...

Sep 29 , 2024

UN-Backed Fund Targets Overlooked Entrepreneurs, Contests Entrenched Banking System

The United Nations-backed initiative spearheaded by the IFL represents a step toward resolving the financing challenges SMEs and startups face. The program seeks to build a robust venture capital syst...

Sep 28 , 2024

Lease Dispute Leads AquaAddis Water Plant Shut Down, Leaving Hundreds Jobless

AquaAddis, one of the pioneer bottled water brands, has abruptly suspended operations at its Burayu plant following a contentious dispute with regional tax authorities over millions of Birr in alleged...

Sep 29 , 2024

Nascent Deposit Insurance Fund Seeks Growth, Faces Funding Shortages

The pioneering sovereign deposit insurer, the Ethiopian Deposit Insurance Fund (EDIF), is undertaking a major step to enhance its operational efficiency vying to deploy an automatic payout system for...

Sep 22 , 2024

FAMILY BUSINESSES STRUGGLE FRAGILE LEGACIES

When her father died suddenly in 2008, Heleanna Georgalis found herself at the helm of Moplaco Trading Plc, a venerable coffee company founded in 1897 during Emperor Menelik's reign. Thrust into leade...

Sep 22 , 2024

Getu Gelete, Family Takes an Unlikely Leap into Forex Frenzy

Get-As International Plc, a recognised conglomerate under the family of business magnate Getu Gelete, is positioning itself to become one of the three pioneer non-bank foreign exchange bureaus. Operat...

Sep 22 , 2024

Fed Calls Finance Sector to Foot Wollega Development Bill

Federal authorities are urging banks and insurance companies to contribute hundreds of millions of Birr to pay for a major development project in the Wollega region, in Oromia Regional State, a develo...

Sep 22 , 2024

Public Transporters in Crosshairs

Public transporters are facing financial constraints following the order of transport authorities to undergo a transition from associations to commercial entities. Last month, leaders of the Addis Abe...

Sep 22 , 2024

Fed Unveils New Tool for Tourism’s True Economic Impact

Ethiopia has taken a significant step in tourism data analysis by introducing the Tourism Satellite Account (TSA), a framework for quantifying the sector's contribution to GDP, investment, and employm...

Sep 14 , 2024

SOARING PRICES DAMPEN FESTIVE SPIRITS

The stalls of Atkilt Tera market in Addis Abeba were uncharacteristically empty. Onions, a staple of Ethiopian cuisine and indispensable for holiday meals, have become scarce and prohibitively expensi...

Sep 14 , 2024

Wage Reform Fails to Soothe the Civil Service

Federal authorities are proceeding with a wage reform for the public service, a long-anticipated move to address economic hardships among public employees. According to officials familiar with the mat...

Oct 21 , 2024

Authority Targets Food Additives to Safeguard Public Health

A new directive regulating food additives has been introduced, marking a step in safeguarding public health. The directive aims to control the unauthorised use of potentially harmful additives in food...

Sep 14 , 2024

Civil Registry Overhauls Digital Infrastructure to Boost Public Services

The Civil Registration & Residency Service Agency (CRRSA) has undergone a major overhaul, upgrading its network and digital systems across the city. The new systems aim to resolve longstanding ser...

Sep 14 , 2024

Addis Abeba Demands Buildings Open Parking Spaces to Public

Buildings in Addis Abeba are mandated to open their parking spaces to the public, as part of a broader effort to address the city's persistent traffic congestion and enhance parking infrastructure. Ad...

Columns

Commentaries | Sep 13,2025

In Climate Talks, Africa Mortgages Tomorrow Simply to Survive Today

At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...

Editorial | Sep 13 , 2025

Digital Payments Reshape Economy While Service Workers Lose Out

The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

Student Tax ID Push Triggers Logjam

The yellow flush of Aday Abeba flowers has returned to Addis Abeba, heralding the arrival...

Agenda | Sep 13 , 2025 . By NAHOM AYELE and YITBAREK GETACHEW

Monument to National Ambition, Geopolitical Agency

The Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydroelectric power project,...

Fortune News | Sep 15 , 2025 . By AMANUEL BEKELE