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Fortune News

Sep 10 , 2023

Twice the Power: Raxio Data Center Comes Doubling its Forces

Raxio data centre which was slated to launch seven months ago aspires to begin operation in a couple of months doubling its capacity. The Tire III data centre was initially planned to operate with...

Sep 9 , 2023

Capital Market Launch Gets IFC Boost

The Ethiopian Capital Markets Authority (ECMA) focuses on setting up local currency bond markets with an estimated budget of around 1.5 million dollars, signing a four-year technical assistance progra...

Sep 2 , 2023

THE INVISIBLE EPIDEMIC SURGES

A silent epidemic of non-communicable diseases is surging, with rates as high as 34pc to 52pc of all morbidities in some regional states. Rapid urbanisation, lifestyle changes, and a woefully under-r...

Ministry Moves Boldly to Transform Troubled Property Valuation Industry

Officials of the Ministry of Urban Development & Infrastructure have proposed a bill to out source the responsibility of property valuations from federal institutions to private property valuators...

Sep 2 , 2023

New Banks Cry Foul as Inflation Fears Take Centre Stage

A recent move by the Central Bank to cap loan growth has sparked an outcry from executives of the newly minted banks, as the fledgling institutions grapple with restricted avenues for lending in a vol...

Sep 2 , 2023

Construction Sector's Fatal Flaws Prompt Regulatory Overhaul

The pervasive construction hazards that in turn affect the human and economic costs have prompted experts at the Ministry of Urban & Infrastructure to prepare a regulatory framework. As part of...

Sep 2 , 2023

Fishing Industry in the Doldrums

Experts at the Ministry of Agriculture turn their heads to the underdeveloped fish industry, preparing a regulatory framework addressing production quality and market chain. Officials contend that...

Sep 2 , 2023

HIV Looms Large, but Testing Lags

A significant drop in providing HIV tests has been recorded in health care during pregnancy follow-ups across the country, according to a report released by the Ethiopian Public Health Institute (EPHI...

Sep 2 , 2023

Hoteliers Scramble to Fill Jobs as Skill Gap Widens

In a bid to address the existing incompetence and lack of professionals in the hotel and tourism sector, the Ethiopian Hotel & Tourism Employers Federation has called for the development of specia...

Aug 26 , 2023

THE THEFT OF NOURISHMENT

The pervasive theft of therapeutic foods and nutritional supplements intended for malnourished children is critically undermining efforts to provide life-saving assistance to millions nationwide. Mini...

Aug 26 , 2023

Coffee Price Dive Threatens to Hit Exporters Hard as Brazil Rebounds

Coffee exporters are grappling with a sharp decline in the international price as the world's largest producer ramps up its supply. A 43pc plunge in prices last week to 1.48 dollars for a pound prompt...

Addis Abeba Unveils Ambitious Economic Hub Despite Feasibility Concerns

The Addis Abeba city authorities have ambitious plans for a sprawling new Special Economic Zone (SEZ) planned in the Gotera area of the Nifas Silk Laphto District. The project, dubbed “Addis Tomorro...

Aug 26 , 2023

Trade Bureau Ousts Consumers Associations from Sugar Distribution

Following repeated attempts to address the distribution challenges of commodities in the city, the Addis Ababa Trade Bureau is adopting a digital system developed by Makiba General Trading Plc. The...

Aug 26 , 2023

Mayor's Office Proposes Mandatory Daycare in Condominiums

As the Addis Abeba City Administration takes a leap to early childhood development programs, upcoming real estate and condominium houses are compelled to include daycares in their design while the exi...

Aug 26 , 2023

Lawyers' Burdens Lifted as Ministry Approves New Tax Decree

Lawyers are receiving the budget year with a sigh of relief as they are met with a notice that recognises their expenses incurred for generating income to be curtailed from income tax as they submit t...

Aug 19 , 2023

A GEOPOLITICAL OASIS

The official visit of Mohamed Bin Zayed Al Nahyan (Sheikh), president of the United Arab Emirates (UAE), casts a fortuitous horizon for a country engulfed by clouds of an austere budget and a politica...

Columns

Commentaries | May 09,2026

Every Encounter with the State Should Not Become an Invoice

The Ethiopian state appears to have discovered a fiscal instrument that is politically con...

Editorial | May 9 , 2026

CAKE Takes the Place of Wine in Addis Abeba’s Social Visits

Weeks after the Easter holiday, Addis Abeba has slipped back into its ordinary pace. The h...

Featured | Apr 26 , 2026 . By MASTEWAL ZEMENE and BEZAWIT HULUAGER

Period Poverty Crisis Forces Women to Pay For Dignity

Luladay Abraham treats the arrival of her menstrual cycle less as a private inconvenience...

Agenda | May 9 , 2026 . By HELINA HADGU and MASTEWAL ZEMENE

FED'S COSTLY TURN FROM MONEY PRINTING PILES PRESSURE ON BUDGET

Finance Minister Ahmed Shide entered the last quarter of the fiscal year with a budget und...

Fortune News | May 9 , 2026 . By NAHOM AYELE