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Fortune News

Oct 25 , 2024

Authority Unveils Securities Trading, Investor Protection Bills

Ethiopia's long-awaited capital market is taking shape. Last week, officials unveiled two key draft directives for public consultation—one on Self-Regulatory Organisations (SROs) and another on the...

Oct 13 , 2024

COFFEE EXPORTERS ROAST CURRENCY RULES

A new directive by the Central Bank requiring coffee exporters to convert half of their foreign exchange earnings into local currency within 30 days is causing upheaval in the crucial coffee industry...

Oct 13 , 2024

Regulatory Storm Looms Over Microfinance as Auditing Flops Spark Crackdown

The National Bank of Ethiopia (NBE) is heightening its regulatory oversight of microfinance institutions, fortifying a sector that has proliferated but faces mounting risks due to inadequate financial...

Oct 13 , 2024

Fertiliser Shortfall Worries Cast Shadow Over Agricultural Ambitions

Despite a substantial boost in budget and import volumes, farmers may contend with fertiliser shortages that could impact agricultural productivity in the coming farming season. The Ministry of Agricu...

Oct 13 , 2024

Rising Fuel Prices Ignite Concerns Over Subsidy Impact, Economic Strain

Fuel prices have spiked, exacerbated by global supply disruptions and a weakening Birr, leading to higher transportation and production costs. The federal government has announced close to 10pc increa...

Oct 13 , 2024

Ethiopia Fully Opens Logistics to Foreign Capital

In a significant policy shift, authorities have fully opened the logistics and transport sector to foreign investors. Minister of Transport and Logistics Alemu Sime (PhD) announced that 100pc foreign...

Oct 6 , 2024

TRADITION COLOURS CITY'S EVOLVING PULSE

On Saturday, October 5, 2024, Mesqel Square transformed into a vibrant venue for colour and culture, as tens of thousands gathered to celebrate Irreecha, the annual Thanksgiving event. The air was fil...

Oct 6 , 2024

Pharma's Export Ambitions Meet Regulatory, Capacity Hiccups

The pharmaceutical industry is moving to export their products overseas, aiming to reach 15 new markets in east and central Africa in the next two years while increasing annual export revenue by 20pc...

Oct 6 , 2024

Capital Market Tax Reform Demands Face Reality Check as Gridlock Mounts

Senior officials of the Ministry of Finance are racing to establish a regulatory framework that breathes life into the nascent capital market. The plan is to integrate incentives into an income tax la...

Manufacturers Plead for Relief as Delays Stall SEZ Lifeline

Manufacturers press federal authorities to speed up the transformation of industrial parks into special economic zones (SEZs), a shift they see as vital to their survival during mounting economic pres...

Oct 6 , 2024

Ministry Unveils New Patient Safety Guidelines

The Ethiopian Ministry of Health (MoH) has made a significant move toward improving healthcare by launching the country's first-ever National Patient Safety Guideline (NPSG). This guideline aims to ad...

Sep 28 , 2024

FESTIVITY MEETS FRUGALITY

For 43-year-old Alemnesh Neri, the twice-yearly trips from Addis Abeba to her hometown of Gumer was a cherished tradition, a time to reconnect with family and bring gifts from the city. This year, the...

Sep 28 , 2024

Ethiopia's Digital Strides Amid UN's E-Governance Index Low Ranking

Ethiopia's journey into the digital age faces challenges as a recent UN report ranked the country 169th out of 193 countries in the E-government Development Index. Published last week, the survey c...

Sep 29 , 2024

UN-Backed Fund Targets Overlooked Entrepreneurs, Contests Entrenched Banking System

The United Nations-backed initiative spearheaded by the IFL represents a step toward resolving the financing challenges SMEs and startups face. The program seeks to build a robust venture capital syst...

Sep 28 , 2024

Lease Dispute Leads AquaAddis Water Plant Shut Down, Leaving Hundreds Jobless

AquaAddis, one of the pioneer bottled water brands, has abruptly suspended operations at its Burayu plant following a contentious dispute with regional tax authorities over millions of Birr in alleged...

Sep 29 , 2024

Nascent Deposit Insurance Fund Seeks Growth, Faces Funding Shortages

The pioneering sovereign deposit insurer, the Ethiopian Deposit Insurance Fund (EDIF), is undertaking a major step to enhance its operational efficiency vying to deploy an automatic payout system for...

Columns

Commentaries | Aug 22,2026

Exports Record Worth Having. They Worth More as a Beginning

A record is a strange thing to worry about. Federal trade officials have booked the best e...

Editorial | Aug 22 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

The tax bill that reached Ferdos Debebe this year left little room in the tight finances o...

Agenda | Aug 22 , 2026 . By ABDUREUF JUHAR and FITSUM TADESSE

Central Bank Writes Rulebooks for Billion-Birr Market Already Exists

The forthcoming strategy for interest-free finance will place Sharia-compliant financing o...

Fortune News | Aug 22 , 2026 . By BEZAWIT HULUAGER