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Fortune News

Aug 9 , 2025

Parents Push Back as Elite School's Tuition Hike Spurs Dispute

An elite private school has sparked controversy over fees after its Administration more than doubled tuition for the 2025/26 academic year. Lebawi International Academy (LIA), renowned for its high...

Aug 9 , 2025

Ethiopians Among Top Visa Overstayers in U.S.

A Department of Homeland Security (DHS) data places Ethiopia among the global hotspots for B1/B2 visa overstays, uncovering the growing tension between migration pressures at home and tightening immig...

Aug 9 , 2025

Ethiopian Airlines Cruises High Altitude while Parts Shortages, Price Surges Bite

Ethiopian Airlines is facing an operational and financial balancing act, with its supply-chain bottlenecks now persisting for a fifth year since the pandemic. The shortage of aircraft spare parts has...

Aug 2 , 2025

Ahadu Bank Taps Veteran Banker During Capital Countdown

Regulators at the National Bank of Ethiopia (NBE) have confirmed the appointment of Mulugeta Beza as Ahadu Bank's third president in as many years. The appointment marks a crucial leadership transitio...

Aug 2 , 2025

New Directive Mandates Central Oversight, Digital Integration for SOEs

A sweeping new directive has been issued, marking a shift in the governance of state-owned enterprise (SOE) procurement. This directive brings over 40 major enterprises under unified oversight and dig...

Aug 2 , 2025

False Banana to Get Real Following Ministry's Enset Investment Plan

Federal authorities in the agricultural sector are placing a strategic bet on an indigenous crop that has been overlooked mainly beyond its traditional highland roots. Enset, also known as “false ba...

Aug 2 , 2025

Cosmo Trading Back in Court as Prosecutors Challenge Previous Rulings

A long standing corporate dispute over Cosmo Trading Plc has resurfaced at the Federal Supreme Court, after a federal prosecutor, Kahesay Negasi, lodged an appeal challenging a prior ruling that favou...

Aug 2 , 2025

Gadaa Bank Ventures into Capital Market with New Securities Arm

Gadaa Bank is set to launch a securities dealer share company with an initial investment of 80 million Br, receiving a trade license from the Ministry of Trade & Regional Integration (MTRI) on Jul...

Aug 2 , 2025

FLOODS TEST ADDIS' URBAN AMBITION

The scenes have become all too familiar. Torrents of rain batter the city, transforming boulevards into brown rivers, swallowing vehicles, drowning commerce, and mocking the authorities' infrastructur...

Jul 27 , 2025

ABYSSINIA BANK GOES GREEN

The Bank of Abyssinia has gone all-in on paperless banking, betting that biometric log-ins and touch-free kiosks will save it hundreds of millions of Birr in printing costs while enhancing its green c...

Jul 27 , 2025

In Greening Addis Abeba, a Legacy Planted, a Market Overlooked

As Addis Abeba ushers in this year's rainy season, city officials have committed to planting 4.2 million seedlings across the capital, a far cry from last year's 26 million. Although the scale has nar...

Jul 27 , 2025

Ethio telecom Posts Record Growth While Power Shortfalls, Disclosure Raise Concern

Ethio telecom's latest annual performance review painted a picture of rapid infrastructural expansion and commercial resilience. However, behind the growth lies a deepening strain on the country's ail...

Jul 27 , 2025

Tourism Collapse Triggers Foreclosure Threats in Sacred Town

Once a crown jewel of the country's tourism circuit and a beacon for international pilgrims, Lalibela now finds its lifeline severed. Its hospitality industry, the backbone of the local economy, is bu...

Jul 27 , 2025

Gender-Blind Fiscal System Overburdens Women: Study Finds

A groundbreaking study has uncovered deeply entrenched gender disparities in the tax system, revealing how ostensibly neutral fiscal policies disproportionately burden women. Contrary to the common...

Jul 26 , 2025

Addis Abeba Businesses Face Mandatory Health Insurance Fee Stirring Dissent

The Addis Abeba City Administration has mandated all businesses to contribute to the Community-Based Health Insurance (CBHI) scheme as a precondition for accessing essential government services, inclu...

Jul 26 , 2025

Elite School in 129m Br Tax Crosshairs

A simmering tax dispute between federal tax authorities and Sandford International School (SIS) is threatening to escalate into a courtroom confrontation, putting the status of nonprofit education und...

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

Fortune News

Parents Push Back as Elite School's Tuition Hike Spurs Dispute

Ethiopians Among Top Visa Overstayers in U.S.

Ethiopian Airlines Cruises High Altitude while Parts Shortages, Price Surges Bite

Ahadu Bank Taps Veteran Banker During Capital Countdown

New Directive Mandates Central Oversight, Digital Integration for SOEs

False Banana to Get Real Following Ministry's Enset Investment Plan

Cosmo Trading Back in Court as Prosecutors Challenge Previous Rulings

Gadaa Bank Ventures into Capital Market with New Securities Arm