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Fortune News

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...

Pharma Ambitious to Leap to Regional Markets

The pharmaceutical industry is moving to export products overseas, with major domestic companies planning to venture into neighbouring markets within the next two years. Kilitch Estro Biotech Plc,...

Oct 7 , 2023

Boards to Remedy Public Hospital Administrative Pains

A sweeping reform entailing a board of directors establishment across hospitals and health centres under the purview of the Addis Abeba Health Bureau is initiated as part of a radical overhaul of heal...

Oct 7 , 2023

Authorities Chart Course on Livestock Exports

Meat exporters are eagerly awaiting the implementation of a binding agreement with livestock suppliers, hoping to compete in global markets efficiently. This comes in response to exporters' requests f...

Oct 7 , 2023

Labour Ministry Revamps Occupational Hazard Standards

The list of occupational hazards that compel compensation has been comprehensively revised following a groundbreaking research program, aiming to align with an evolving work environment that poses eme...

Oct 7 , 2023

Contractors to Forge Joint Alliances

An ambitious bill that sets to seal the skill gap between foreign and local contractors through joint venture modalities is pending ratification from the Parliament. The proclamation was drafted by...

Sep 30 , 2023

PEELING BACK LAYERS

A staple vegetable's price is ringing alarm bells. Onion prices have skyrocketed, with a kilo costing up to 120 Br on certain days. For many Ethiopians, this surge reflects larger economic woes plagu...

Sep 30 , 2023

Manufactureres Shift to Domestic Market as External Trade Faces Headwinds

A vital shift is on the horizon for Ethiopia's manufacturers, who once thrived on exports braced by the African Growth & Opportunity Act (AGOA). If a bold proposal by Melaku Alebel, minister of In...

Sep 30 , 2023

Ethiopia's Coffee Caps Raise Temperatures Beyond the Kettle

In a move rattling the coffee industry, officials of the Ethiopian Coffee & Tea Authority have imposed a limit on outbound personal coffee carry-ons: two kilograms. This comes on the heels of requ...

Sep 30 , 2023

Biotech Reforms Set to Overhaul Dairy Animal Production

Applying advanced reproductive biotechnology to dairy cattle is indicated as a way to rectify the underwhelming performance of the industry plagued with dismal production and earnings. Following a...

Sep 30 , 2023

Half a Billion Dollar Gold Project Inches From Shovel Ready

The Toronto-based mining multinational Allied Gold Corporation has received board approval for a two-phase advancement of its expanded Kurmuk Project, slated to become the largest gold mining project...

Sep 30 , 2023

Transport Bureau Shoves Taxi's Out of Student Transport

The Addis Abeba Transport Bureau's recent decision to restrict the number of minibus taxi drivers who can transport school children to five per cent per association has sparked outrage among taxi owne...

Sep 30 , 2023

Ethiopia Seeks IMF Lifeline at Marrakesh Meet

As the global financial community prepares for the annual conclave in Marrakesh, Morocco, Ethiopia's mounting economic challenges have emerged as a discussion point, with its authorities seeking finan...

Sep 23 , 2023

CONFLICTS DEEPEN TRANSPORT CRISIS

In the misty break of dawn, the usually scuttling Lamberet Bus Terminal in Addis Abeba stood comparatively quiet. This terminal serves as a primary gateway to the conflict-prone regions of Amhara and...

Sep 23 , 2023

SUR Construction's Post-War Reckoning

In the wake of a devastating two-year war, SUR Construction Plc, one of Ethiopia's premier contracting firms, is turning its gaze inward. As its executives grapple with significant losses, including t...

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