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Fortune News

Oct 12 , 2025

Wegagen Capital's Debut-Year Loss Masks Strategic Foundations

Wegagen Capital Investment Bank (WCIB), the pioneering private investment firm to enter the nascent capital market, has posted a net loss in its first year of operations. However, beneath the surface...

Oct 5 , 2025

Mesfin Rebrands to Overcome Wartime Shadow

In Meqelle, a name long associated with industrial grit and regional pride is undergoing a strategic metamorphosis. On October 2, 2025, Mesfin Industrial Engineering Plc shed its old skin, emerging...

Oct 5 , 2025

Fed Shifts Gears as Motorists Face New Tax

The federal government is set to roll out a new "motor vehicle circulation tax" in the current fiscal year, targeting fuel-powered vehicles. The policy, though publicly justified as a move toward e...

Oct 5 , 2025

Bank of Abyssinia Loses Landmark Plot as City Reclaims Skyscraper Site

The Bank of Abyssinia is wrestling with the loss of a prime plot of land once leased for its future headquarters, a setback that has left shareholders unhappy, directors frustrated, and city administr...

Oct 5 , 2025

New Tariff Regime Raises Costs, Doubts

The Customs Commission has introduced new tariffs on a wide range of imported goods in response to a directive from the Ministry of Finance. Signed by Azezew Chane, the commissioner representative...

Oct 5 , 2025

Ethiopia's WTO Accession Enters Final Stretch After Two Decades Drift

After more than two decades of protracted deliberations and political hesitation, Ethiopia's ambition to join the World Trade Organisation (WTO) has reached a decisive and accelerated phase. A sixth W...

Sep 27 , 2025

IN MESQEL SQUARE, FAITH ENDURES!

Meskel Square turned into a rolling wave of colour and sound on Friday, September 26, 2025, as thousands pressed toward the annual bonfire celebrating the holiday of Mesqel, which honours the discover...

Sep 28 , 2025

Unity University Hikes Tuition Fee, Students Push Back

Unity University has increased tuition fees sharply, jolting students and families alike, drawing criticism for what many consider a poorly communicated and abrupt financial burden. For some, fees...

Sep 27 , 2025

Commodity Exchange Struggles to Hold Ground as Direct Trade Surges

Seventeen years after its inception as a flagship market reform for agricultural modernisation, the Ethiopian Commodity Exchange (ECX) is wrestling with a crisis of fade in practicality. Once haile...

Sep 27 , 2025

Construction Authority Rolls Out Licensing Regime for Elevator Indus-try

The elevator industry is bracing for sweeping reforms as construction regulators are to impose the first comprehensive licensing and inspection regime on companies installing, maintaining, and inspect...

Sep 27 , 2025

Customs Commission Unshackles Container Deposits

The Ethiopian Customs Commission (ECC) has ended its long-standing policy requiring importers to lodge large cash deposits or financial guarantees before moving shipping containers from ports into the...

Sep 27 , 2025

Drug Makers Left in Limbo as Macroeconomic Reforms Bite

The pharmaceutical industry, which has long been championed as a vehicle for import substitution and national self-reliance, is facing mounting pressures. Currency shortages, rigid procurement fram...

Sep 27 , 2025

Authority's Drive to Clean Up Agriculture Faces Uphill Battle Over Cost, Compliance

The federal government is to inject nearly 31 million dollars into a sweeping overhaul of the country's plant health regime, a strategy authorities hope will safeguard farmers, revive export credibili...

Sep 21 , 2025

Eyob Steps into the Hot Seat with Reform on His Mind

Eyob Tekalegn (PhD) assumed the governorship of the National Bank of Ethiopia (NBE) last week with a pledge to overhaul the Central Bank into “a regulatory body fit for purpose in a modern economy.�...

Sep 21 , 2025

Ministry Moves to Bridge Graduate-Employer Gap with Mandatory Employment Centres

The Ministry of Education is proposing a comprehensive overhaul to address the growing crisis of graduate unemployment. A draft directive currently under review would require all public universities a...

Sep 21 , 2025

Ethiopia Faces Debt Turmoil as Recovery Hopes Dim

Ethiopia has reached a critical juncture after years of aggressive borrowing to fund a state-led growth model. It now finds itself in the crosshairs of global financial scrutiny, following last week's...

Columns

Commentaries | Oct 25,2025

The Rules Multiply. So Does the Confusion, and Uncertainty

The regulatory machinery is on overdrive. In only two years, no fewer than 35 new proclama...

Editorial | Oct 25 , 2025

TRADITION THRIVES AS COSTS CLIMB

As dawn broke over Addis Abeba last week, the city's arteries pulsed not with the usual we...

Featured | Oct 5 , 2025 . By REDIET YARED

Pay Penalty, Convert Lease Hold, or Cease Business

The clang of metal shutters has gone silent on Addis Abeba's commercial corridors across B...

Agenda | Oct 26 , 2025 . By NAHOM AYELE

Addis Abeba Education Bureau Rolls Out Cluster Classes

Officials of the Addis Abeba's Education Bureau have embarked on an ambitious experiment t...

Fortune News | Oct 25 , 2025 . By YITBAREK GETACHEW