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Fortune News

Dec 2 , 2023

Leather Industry Limps as Regional Free Trade Nears Takeoff

Amidst accession to a cross-regional trade, one of the oldest industries is struggling with policy fragmentation and loose value chains. With 18 operational tanneries, 21 footwear and 25 leather produ...

Dec 2 , 2023

Fed Contemplates Horticulture Exports Price Cusp

Officials at the Ministry of Agriculture move to set a minimum price threshold for horticulture exports, at the backdrop of a study that hopes to regulate international trade. The decision came after...

Nov 25 , 2023

Tax Dispute Dampens Awash's Milestone Profit Thrill

Awash International Bank (AIB) posted a striking surge in net profits, reaching 6.9 billion Br this year, a milestone announcement made by its Chairman, Gure Kumssa, at the shareholders' meeting on Sa...

Nov 25 , 2023

Djibouti Customs Capers Clog Imports

A new regulatory measure Djibouti's customs officials enforced led to importers being confronted with weeks-long delays and incurring significant demurrage costs. Djibouti customs officials have be...

Nov 25 , 2023

Minister Lia Launches Multi-Billion Dollar Health Sector Revamp

Minister of Health Lia Tadesse (MD) has displayed her ambition of rolling out a three-year investment and development roadmap, targeting the rehabilitation of health facilities in regions ravaged by c...

Nov 25 , 2023

Tourism Gleams New Hope To Tigray

A year after the cessation of hostilities agreement was signed between the Tigray People's Liberation Front(TPLF) and the Federal government; Tigray regional state is set to reopen its tourism secto...

Nov 25 , 2023

Ministry Formulates Valuation Standards As Property Tax Looms

Land grading and property valuation criteria across all 2500 cities in the country are set to be formalized as a 51-page standard manual by the Ministry of Urban & Infrastructure to assess real pr...

Nov 25 , 2023

Navigating Sharia Compliant Insurance

As Ethiopia dives deeper into the interest-free financial landscape, insurance industry insiders indicate a lack of enabling policy frameworks, a dearth of competent experts and a general lack of awar...

Nov 18 , 2023

HUNGER IN THE CITY!

A harsh reality unfolds beneath the veneer of Addis Abeba's urban life. A line snaked around the Hope Enterprise's Feeding Centre, on Churchill Road, where several from various backgrounds converge,...

Nov 18 , 2023

Safaricom's Ethiopian Odyssey

Safaricom Ethiopia, a consortium-backed telecom giant, has embarked on an ambitious journey in a market historically hogged by the state-owned Ethio telecom. With a substantial investment of 1.6 billi...

Nov 18 , 2023

Forex Follies Become a Noose for Manufacturers

An embargo on clearance procedures for cargoes imported through partitioned foreign currency permits came into effect this week, sending ripples through the manufacturing landscape. The new regulatory...

Nov 18 , 2023

Special Economic Zones Loom Awaiting Policy Ratification

An industrialisation campaign that aspires to take lessons from failures of industry parks targets diversified exports and enhanced regional trade capacity. Dubbed Special Economic Zones (SEZ), a mini...

Nov 18 , 2023

Peace & Security Bureau Moves to Rectify Loading Woes

Loading and unloading activities in the capital will be met with a sweeping reform as the Peace & Security Administration Bureau under the Addis Abeba City Administration is set to introduce regul...

Nov 18 , 2023

Intelligence Agency Poised to Regulate Tech Imports

The decree for the entry and exit of 48 technology products in the country was drafted by Ethiopia's premier cybersecurity institution, the Information Network Security Administration (INSA). It has r...

Nov 18 , 2023

Big Shots Probe Startup Perks and Pitfalls

Heavy hitter business owners convened to chart a course on the fortunes and adversities of the startup ecosystem last week. In the presence of a policy far from constituting essential elements, the hu...

Nov 11 , 2023

Al-Amoudi Makes Notable Appearance

In a blend of diplomacy and opulence, Prime Minister Abiy Ahmed (PhD) and his delegation have privately met with business magnate Mohammed Hussein Ali Al-Amoudi (Sheik) in Jeddah. The encounter, marke...

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