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Fortune News

May 18 , 2024

Real Estate Deal Falls Through: Anxious Investors Left With Purpose Black's Promises

A Federal Higher Court ruling has ended the legal battle between BGI-Ethiopia and Purpose Black, marking the end of property acquisition and dashing the dreams of thousands who invested in a p...

Procured with Pride, Delivered with Peril

With the impending Meher season, lawmakers' focus shifts to the distribution of fertilisers. The conversation during the Ministry of Agriculture's nine-month performance report has shifted from purcha...

May 18 , 2024

Walking on a Wage Wire

A recent regulatory change that removed the wage requirement for workers under private employment agencies, is sparking concerns about exploitation and a potential violation of worker rights. The law...

May 18 , 2024

SAVING LIVES, ONE SHORTAGE AT A TIME

Behind the nondescript facade of a drop-in centre in Addis Abeba, a quiet struggle unfolds nightly. Among those seeking refuge is a 25-year-old sex worker, driven by financial hardship from waitress t...

May 11 , 2024

Addis Abeba's Grand Plan to Outsmart Its Own Chaos

Officials of the Addis Abeba City Administration are advancing a series of ambitious urban development initiatives, aspiring to transform the city into a "smart city," a vision championed by Prime Min...

May 11 , 2024

Abundance Ignored, Quality in Peril

A downturn in demand from the cement manufacturing sector has resulted in an unforeseen surplus of coal in Oromia Regional State, leaving miners with 125,000tns awaiting buyers. It has prompted th...

May 11 , 2024

Brains Chart Rebuilding Courses

Ethiopia's parliament established an 18-member think tank focused on addressing the construction industry woes. Under the leadership of Hiyaw Terefe (PhD), the team is entrusted with the responsib...

May 15 , 2024

Manufacturers Cry Out on Taxing Wheat Prices

Manufacturers of biscuits, noodles, and animal feed are sounding the alarm, urging policymakers to intervene on the impacts of escalating wheat prices. VAT requirements, soaring production costs, and...

May 11 , 2024

Continental Trade Dreams Pinned on Domestic Reforms

Ethiopia is contested to fully embrace the African Continental Free Trade Area (AfCFTA) due to slow progress on cross-regional payment systems, potential tax revenue losses, and underdeveloped logisti...

May 3 , 2024

MASTERING LIFE MORE THAN LUCK

The feel-good life coaching industry would have people believe that success is not only about showing up in the swirling whirl of modern life, where essentials like health, shelter, and education twir...

May 4 , 2024

No Prospectus, No Play

Brook Taye (PhD), the director general of the newly established Ethiopian Capital Market Authority (ECMA), has issued a stern warning to commercial banks involved in the "securities brokerage business...

May 4 , 2024

Irrigation Dreams Drag in Design Ditches

Dreams of an agriculture sector unshackled from the whims of rain remain tethered to the struggling Ministry of Irrigation & Lowlands. A scathing parliamentary nine-month review exposed a meagre t...

May 4 , 2024

Fed Ponders Mandatory Construction Software for Large Public Projects

Large public projects exceeding 250 million Br will be required to use Building Information Modelling (BIM) software that integrates design, construction, logistics, operation, maintenance, budgets, a...

May 4 , 2024

Sowing Seeds of Hope with Policy Harvests

A new agriculture policy, spearheaded by Minister of Agriculture Girma Amente (PhD), has made its way to Parliament, signalling a shift towards a market-driven approach aimed at revamping the sector....

Central Bank Clamps Down on Exports to Fight Missing Millions

The National Bank of Ethiopia (NBE) has restricted the use of Cash Against Documents (CAD) for exports to Sudan and Somalia. This move comes after identifying a discrepancy between the value of export...

Apr 28 , 2024

UNIVERSITIES CUT CORNERS WITH LEAN CUISINE

A dire situation unfolds across public universities, where students face the harsh reality of declining food quality and quantity, a problem seen as a manifestation of a broader crisis across the high...

Columns

Commentaries | Jun 06,2026

The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE

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