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Fortune News

Jan 13 , 2024

Irrigation Projects Fall Short as Drought, Disarray Take Toll

The federal government is undertaking a major reassessment of its water resource management policy and irrigation infrastructure, responding to the escalating threat of droughts. At the centre of t...

Jan 13 , 2024

Honey Exports Buzz Out of Existence

In a sweet bid to revive the souring honey export sector, experts from the Livestock Development Institute have proposed the establishment of commercial honey farms and the enhancement of its by-produ...

Jan 13 , 2024

Ethiopia's Labor Force Echoes Global Unemployment Rise

The number of youth not in education, employment, or training (NEET) has surged to a staggering 62 million people across Sub-Saharan Africa, according to a recent report released by the International...

Jan 13 , 2024

Lawmakers Scrutinise Data Protection Bill

In a landmark development of crafting Ethiopia's first personal data protection proclamation, fierce debates over legal mandates and regulatory oversight sparked at Parliament last week. The legislati...

Jan 7 , 2024

Breadbasket Blues Threaten Livestock, Dairy Industries

An ongoing wheat shortage plaguing the flour industry and prompting factory closures are sending shockwaves through the animal feed sector. The bi-product of wheat which is essential for feed producti...

Jan 7 , 2024

Local Oil Manufactures Slip in Market Share

Local edible oil manufacturers are contending with shrinking market shares for the past six months, as imported edible oil products flood the market, offering lower prices and garnering higher consume...

Jan 7 , 2024

Customs Adopts Dynamic Steeling Valuation

A price valuation system on duties and taxes of steel and its manufacturing inputs is introduced by the Customs Commission, in response to persistent complaints from importers. The price is set to rev...

Jan 7 , 2024

Taxing Requirements Pull Over Transporters

Members of the Ethiopian Transport Employers Federation are facing serious difficulties adhering to bookkeeping standards introduced by the Revenues Bureau. Organised under 13 share companies, the pre...

Jan 7 , 2024

WHERE TECH MEETS QUIRK

In the high-flying world of Ethiopia's financial and tech industries, where its actors' mettle is tested as much by the market as by slow university computers and existential fears, lie tales of intri...

Dec 30 , 2023

REFORMS SPARK LINGUISTIC TUG-OF-WAR

In a consequential shift in the educational sector, controversial reforms inspired by Scandinavian models are under implementation, sparking intense debate among parents, educators, and policymakers....

Dec 30 , 2023

Failure to Clear Tax Obligations Wipes off Diaper Plant Assets

Ontex Hygienic Disposables Plc, a renowned manufacturer of Canbebe diapers, finds itself embroiled in a protracted dispute with federal tax authorities, a conflict that has recently escalated with the...

Dec 30 , 2023

Currency Rues Drive Lifan Motors Production to Grinding Halt

Ethiopia's automotive landscape is facing uncertainty as Lifan Motors, one of the pioneering assemblers in the country, faces a myriad of challenges that could lead to its exit from the Wollo Sefer ar...

Dec 30 , 2023

Riding in Limbo Amidst Transparency Woes

The iconic blue taxi drivers colloquially known as 'Lada,' are considering the formation of a robust new organisation and advocate for their interests as frustration mounts over delays in receiving ve...

Dec 30 , 2023

Tax Troubles Blossom Threatening Floriculture Industry

A heated tax dispute is blossoming between authorities and six major investors in the floriculture sector. The conflict stems from an investigative tax audit of the Dutch family-owned business initiat...

Dec 23 , 2023

RED SEA RAPTURE

The usually steady flow of global shipping has been disrupted, sending shockwaves through Ethiopia's import and export sectors. As armed militias target international shipping vessels in the Red Sea,...

Dec 23 , 2023

Crunch Time for Tasty Foods

Tasty Foods Plc, a leading manufacturer of popular snack brands "Tasties" and "Jolly Jus", has ceased operations after 24 years of market prominence. The company, a family-owned enterprise under the B...

Columns

Commentaries | Oct 11,2025

The Human Flight a Failure of Political Imagination, Not a Mere Economic Policy

Ladislas Farago, a roving Associated Press (AP) correspondent, arrived in Ethiopia in 193...

Editorial | Oct 11 , 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

TOMATOES TASTE OF INFLATION

Tomato prices in Addis Abeba have surged to unprecedented levels, with retail stands charg...

Agenda | Oct 12 , 2025

TOMATOES TASTE OF INFLATION

Tomato prices in Addis Abeba have surged to unprecedented levels, with retail stands charg...

Fortune News | Oct 12 , 2025