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Fortune News

Jul 1 , 2023

Austere Budget Proposal Stokes Distress over Infrastructure Development

The plausibility of addressing development goals and meeting the infrastructure objectives of regional states with a slashed capital expenditure was highlighted during the second public hearing on nex...

Jul 1 , 2023

Freight Operators Embark on Commercial Reestablishment Decree

The awaited standard to regulate freight transport services is put forth by the Ministry of Transport & Logistics delineating the duties of operators, requirements for licensing, and structural or...

Jun 24 , 2023

ETHIOPIA'S DEBT: ABIY'S PLEA

Prime Minister Abiy Ahmed (PhD) alighted in the French capital last week, ushering his high-level entourage, Mamo Mihretu, the central bank governor, and Ahmed Shide, his finance minister, into the "N...

Jun 24 , 2023

Trade Ministry's Price Floor Sparks Discord in Edible Oil Industry, Threatens Supply Stability

Trade Minister Gebremesqel Chala's imposition of a price floor on the exports of oilseed cakes has spurred a dispute with edible oil manufacturers, highlighting the delicate balance in the global agri...

Authorities Open Doors for KEFI's $390m Gold Mine Amid Sweeping Regulatory Changes

KEFI Gold & Copper Plc, the London-based mining and exploration company, has received the green light to open an offshore account as it edges closer to commencing its ambitious 390 million dollars...

Jun 24 , 2023

Commission Steers Joint-Employment Modalities for Civil Servants

Joint employment modalities permitting civil servants to work at two public offices simultaneously have been introduced in a new directive penned by officials at the Civil Service Commission. A min...

Jun 24 , 2023

Digital Classifieds Pioneer Qefira Shuts Down Under New Ownership

One of the early pioneers of online markets, Qefira shut down its website a month ago following the full consolidation of the holding company ROAM by the Swiss media giant Ringier on December 2022. ...

Jun 24 , 2023

Policy Looms Amid the Pursuit of Intra-Continental Trade Integration

A bill that subsidizes local producers and levies tariffs on imported goods that have domestic alternatives is put forth by the Ministry of Trade & Regional Integration (MoTRI). Officials hope to...

Jun 17 , 2023

ETHIOPIA'S LOOMING MEDICAL EXODUS

A wave of "medical brain drain" is taking a toll on Ethiopia's healthcare system, with the country ranking among the top five in Africa for doctor emigration. Despite Ethiopian physicians earning an a...

Jun 17 , 2023

Aviation Authority Pins Hope on Leonardo Deal to Rescue Aging Radar System

The Ethiopian Civil Aviation Authority (ECAA) entered a two million euro deal with the global aerospace giant Leonardo to secure spare parts and maintenance services for its ageing radar system. The d...

Supreme Court Shakes Corporate Landscape with Landmark Tax Ruling

In a landmark ruling that could reshape Ethiopia's business landscape, justices at the Federal Supreme Court Cassation Bench have passed a judgment on the taxability of retained earnings used to pay u...

Jun 17 , 2023

French Company Joins Ethiopian Firm to Fight Widespread Malnutrition

A family-owned company in the nutritional food industry has partnered with a French company in Bless-Agri Food Laboratory Services Plc, eying the fight against malnutrition in Ethiopia. Safir, an a...

Jun 17 , 2023

A Cultural Centre Wavers in the Balance of Urbanisation, Tradition

A cherished cultural establishment, famous for its traditional music and unique offerings of local spirits, is threatened with demolition to make way for hotel development. The potential for an imposi...

Jun 17 , 2023

Battle for Health or Wealth?

A revised draft regulation from the Ethiopian Food & Drug Administration Authority (EFDA) could see sweeping changes to the advertising practices of brewery companies in Ethiopia. The proposed reg...

Jun 17 , 2023

Imminent Reform Stirs Shareholders' Stance

A reform that excludes founding shareholders from additional revenues aside from their due dividends is underway, with a bill that governs the formation, management and dissolution of share companies...

Jun 17 , 2023

Ministry Attempts to Combat Contraband, Eliminates Controversial Mining Category

A new bill that governs licensing of miners has removed a special small-scale mining classification that stood between artisanal and small -scale producers. The category allowed transferring licences...

Columns

Commentaries | Nov 09,2024

Healthcare Systems Miss the Cure for Innovation

Life Matters | Nov 09,2024

Spinning Hope of Digital Services

My Opinion | Nov 09,2024

Why Most Firms Fail to Capitalize on New Technologies

Sunday with Eden | Nov 09,2024

Mud-slinging Supermarkets Time for a Wash-up

Agenda | Nov 09,2024

Blackouts Plague Residents as Aging Grid Fails to Deliver

Editorial | Nov 09,2024

Policy Bargain in Franco Valuta a Double-Edged Sword in the Forex Debacle

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Policy Bargain in Franco Valuta a Double-Edged Sword in the Forex Debacle

Ethiopia's foreign exchange debacle resembles a tangled web of contradictions and constrai...

Editorial | Nov 9 , 2024

Fire Engulfs Mercato, Exposes City's Safety Flaws

A former teacher, Tesfaye, has lost two out of his three shops during a fire breakout last...

Featured | Oct 27 , 2024 . By BEZAWIT HULUAGER

Blackouts Plague Residents as Aging Grid Fails to Deliver

Dagmawit Yilma, a mother of three young boys, knows the struggle of Ethiopia's energy cris...

Agenda | Nov 9 , 2024 . By BEZAWIT HULUAGER

BLACKOUTS SURGE - FRUSTRATIONS MOUNT

Frequent power outages disrupt daily life and hinder economic activities across the countr...

Fortune News | Nov 9 , 2024

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