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Fortune News

May 4 , 2025

Heineken Steps Up Investment as a Barley Price Puts the Beer Giant on Edge

Heineken Ethiopia is investing 26 million euros in its Qilinto brewery, a move that will accelerate the Dutch company's rise to dominate Africa's second most populous country and consolidate its regio...

May 4 , 2025

Ad Firms Caught in Crossfire as City Bureaus Battle Over Billboard Fees

A bureaucratic spat between two bureaus under the Addis Abeba City Administration is causing frustration and financial strain for the capital's advertising industry. The Construction Permit & Cont...

May 4 , 2025

Amhara State Land Reform Unlocks Capital, But Stirs Fears of Rural Dispossession

A far-reaching land reform bill in Amhara Regional State has entered the record books. The new law rewrites two decades of rural land rules and loosens some of the tightest restrictions on smallholder...

Apr 28 , 2025

Bound by Duty, Lawyers Fight for Fair Pay in Free Legal Aid Battle

The Ministry of Justice has taken a decisive step toward enforcing a four-year-old mandate that requires private lawyers to provide free help to the destitute. A draft directive, now posted for public...

Apr 26 , 2025

CREDIT AND DEVICES FOR THE MASSES

Neway Magersa (Left), president of Sinqee Bank, shared a lighter moment at the Skylight Hotel on Africa Avenue and chuckled with Oromia Regional State senior official Addisu Arega and Ethio telecom's...

Jun 13 , 2025

Addis Abeba Officials Backtrack After Uproar Jolts Property Owners

A controversial decision to clear a large tract of land in Addis Abeba's Wereda 1, around Flamingo and the Olympia roundabout, potentially affecting 31 properties, has been abruptly reversed, bringing...

Apr 27 , 2025

BGI Ethiopia Wins Legal Battle as Ownership Claim Falls to Time

A federal court delivered a sharp rebuke last week to a long-running fight over shares in one of Ethiopia's largest brewers, dismissing an ownership claim by a former shareholder as time-barred and or...

Apr 27 , 2025

Cash Starved Domestic Drugmakers Turn to EIC for a Lifeline

Cash-strapped drugmakers, squeezed by strict banking rules and rising fees, are pinning their hopes on the state-owned Ethiopian Insurance Corporation (EIC) as a means to new sources of working capita...

Apr 27 , 2025

Ethio Telecom to Court Big Investors After Retail Share Sale Falls Short of Ambition

Frehiwot Tamiru, CEO of Ethio telecom, is returning to the capital market after her debut share sale raised only a tenth of the proceeds she wanted. This time, the state-owned telecom company is remov...

Apr 27 , 2025

Digital Shift in Veterinary Drug Registration Struggles Against Glitches, Gridlock

The veterinary drug registration process moved fully online after the Ethiopian Agricultural Authority (EAA) rolled out a new directive in January 2025, requiring all applications, whether for importe...

Apr 19 , 2025

LEGACY Businesses in a Liminal Space

At first light in Addis Abeba's Qality District, the smell of freshly roasted Yirgacheffe beans drifts into the yeasty haze from Shoa Bakery's ovens, a blend that sums up Ethiopia's family firms. Such...

Apr 19 , 2025

Banks Warn as Crackdown on Loans Triggers Fears of Toxic Debt Surge

Commercial banks are scrambling to meet a tougher loan classification regime rolled out by the National Bank of Ethiopia (NBE) in mid-June, warning that the rules could turn thousands of shaky credits...

Apr 19 , 2025

Auditors Under Fire as City Officials Hunts Billions in Lost Taxes

Tax authorities in Addis Abeba have blamed more than 800 auditors and accountants for allegedly understating the tax liabilities of businesses, piling new pressure on a profession already rattled by a...

Apr 23 , 2025

Deposit Insurance Fund Faces Its First Test

The Ethiopian Deposit Insurance Fund (EIF), a federal agency responsible for protecting depositors, has discovered that confidence is costly and that its ambitions outstrip its bank balance. Over t...

Apr 19 , 2025

Universities Flunk Their Own Test as Confidence Wanes

Universities face a tough reality after a national exit examination in January this year produced a pass rate of only 27pc out of 177,552 students, a quarterly performance report from the Education Mi...

Apr 13 , 2025

MERCATO TAXED TO SILENCE

Some parts of Merkato have fallen uncharacteristically silent, contrary to its typical bustle of traders, shoppers, and hawkers vying for business across its sprawling two-square-kilometre expanse. Fo...

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