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Fortune News

Oct 28 , 2023

City Officials Bet on Trading Enterprise as Pundits Warn Dubious Priority

In an ambitious attempt to grip the galloping inflation rates sweeping across commodity goods, the Addis Abeba City Administration is establishing a three billion Birr trading enterprise for the first...

Oct 28 , 2023

Authority Tightens Grip on Addis Abeba Outdoor Advertising

Addis Abeba City officials have taken it upon themselves to implement the year-long directive banning outdoor advertisement of alcohol along with weapons and explicit graphics while a permit from the...

Oct 21 , 2023

NATIONAL EXAMS EXPOSE EDUCATIONAL CRISIS

Results from national school-leaving exams have unearthed an alarming education crisis, with a tremendous number of students failing to make the cut for higher education. A former top student illustra...

Oct 21 , 2023

Addis Abeba's Digital Dawn

The Addis Abeba Land Development & Administration Bureau is gearing up to provide thousands of previously undocumented properties with official landholding rights in the latest push towards a comp...

Oct 21 , 2023

Contraband Steel Floods Market, Straining Domestic Producers

For years, the construction skyline of Addis Abeba has hinted at a promise of an industrial future. But beneath the scaffolds, domestic metal manufacturers face intense pressure from contraband trade...

Oct 21 , 2023

Community Health Insurance Doubles Premiums, Testing the Limits of Affordability

As residents of Addis Abeba grapple with the galloping inflation, serious concerns over the doubled Community-Based Health Insurance (CBHI) rates from the prior year come up during the mobilisation ca...

Oct 21 , 2023

Facing Geopolitical Uncertainty, Multinationals Struggle with Transfer Pricing

Executives from a few multinational corporations (MNC) gathered last week at the Haile Grand, on Asmara Road, debating the impact of “transfer pricing” as a tool to steer through turbulent waters...

Oct 21 , 2023

Ethiopian Economy on the Upswing Despite Regional Decline: IMF

A trio of economists from the International Monetary Fund (IMF) presented the World Economic Outlook for the first time in Africa last week. The report displayed to an audience that included Centra...

Oct 14 , 2023

Central Bank Ramps Up Digital Finance Oversight Responding to Expansion

The Central Bank is ushering in a new era for digital financial providers, compelling existing and emerging companies to conform to heightened standards, under reforms endorsed by Governor Mamo Mehire...

Oct 14 , 2023

Prime Property Deal Spirals into a Whirlpool of Legal, Financial Turmoil

A transaction involving the transfer of a plot to a reputable family is at the epicentre of a federal probe that led to the arrest of Abinet Gebremeskel, a once close confidant of Mohammed Ali Al-Amou...

Oct 21 , 2023

City Officials Axe Chamber's Exhibition Centre Managment Contract

A struggle over management responsibility and development plans unfolds as a supervisory board severed the Addis Abeba Chamber of Commerce & Sectoral Association's (AACSSA) management contract fo...

Oct 14 , 2023

Petroleum Dealers Seek Triple Profit Boost Citing Soaring Costs

Petroleum retailers hope to prompt officials at the Ministry of Trade & Regional Integration to increase their profit margin threefold with a study that identifies possible means underway by the E...

Oct 14 , 2023

Sahleworq Paints Optimistic Growth Prospect, Despite Shadow of Discontent

President Sahleworq Zewde's address to the joint session of the two legislative houses last week laid down the federal government's plans for the fiscal year. It stood stark against the backdrop of a...

Oct 14 , 2023

Land Services Poised for Digitisation as Belated Project Nears Launch

After dragging years and multiple companies to upload land-holding information of residents into a digital system, the much-anticipated reform of land-related services across the capital initiated by...

Oct 7 , 2023

Abnet's Arrest Adds Fuel to Feud with Al-Amoudi

Abnet Gebremeskel, a long-time confidant-turn-adversary of Mohammed Ali Al-Amoudi (Sheihk), has been arrested by the federal police in a move that seems part of a broader probe into his investment act...

Oct 7 , 2023

From Dusty Archives to Contemporary Pockets

A recent amendment dubbed the "wall and roof tax" - colloquially known as the "property tax" by the populace - is under scrutiny. This tax faces stiff legal resistance four months after its inception...

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