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Fortune News

Nov 11 , 2023

Ministry Targets Import Substitution to Bump Manufacturing

In an industrial manufacturing landscape plagued by shortages of raw materials, foreign currency and skilled labour, an industrial policy entailing increased focus on import substitution has made its...

Nov 4 , 2023

ADDIS ABEBA'S URBAN QUAGMIRE

Addis Abeba's rapid expansion and population bulge outpaces its infrastructural development, leaving residents in many of the condominium sites in a precarious situation. Efforts are underway to addre...

Coffee Exports Wilt Under Credit Duress

As the harvest season hits its stride, the coffee industry faces a financial bind. Growers, exporters, and traders are scrambling as access to credit dries up, leaving them without the means to pay fo...

Nov 4 , 2023

Dashen Bank Defies Forex Flux, Posts Profit in Choppy Waters

In a financial landscape beset with market uncertainty, Dashen Bank has registered a modest increase in net profits in its operations for 2022/23. While this marks a positive trajectory, the growth is...

Nov 4 , 2023

Ethiopia Eyes $750m Agri Investment from Private Sector

As part of the strategy to boost agricultural production, Ethiopia moves to mobilise international funds through a 750 million dollar investment proposal submitted to the Food and Agricultural Organiz...

Nov 4 , 2023

Foreign Civil Societies Entry Set for Revamp

Civil society organisations (CSOs) with roots extending to foreign countries are compelled to provide a two-year work plan which clearly highlights their program expenses, source of funds and project...

Nov 4 , 2023

A Quantum Leap Forward for Rural Land Use Policy

Farmers will be able to access loans from financial institutions using their landholding rights as collateral through a revised rural land administration bill which was passed to the Parliament last w...

Oct 28 , 2023

THE MENTAL CARE DEFICIT

Amanuel Mental Specialised Hospital is more than a medical facility; it embodies Ethiopia's turbulent past and the ongoing trauma it faces in addressing mental health issues. In the busy area of Merka...

Oct 28 , 2023

Ministry Slashes Subsidies as Global Fertiliser Price Slumps

Officials of the Ministry of Agriculture are poised to make a considerable reduction in fertiliser subsidies, potentially by over 50pc this year, in response to the shifting global fertiliser markets...

Floriculture Investors Navigate Oromia Region's Murky Landholding Waters

For the past 15 years, horticulture farmers in the thriving towns have lived through a paradox - booming business with no solid footing on the land they operate upon. Investors have long navigated the...

Oct 28 , 2023

Capital Reforms Poised to Upend the Public Offerings Landscape

As Ethiopia gears up to launch functional capital markets, an impetus to regulate the informal issuance of shares has resulted in a fourth draft directive by the Ethiopian Capital Market Authority (EC...

Oct 28 , 2023

Local Companies Reel In Maritime Bid

Companies interested in multimodal transportation have a rare opportunity that opened after the Ethiopian Maritime Authority decided to onboard capital and enhance logistics capabilities across the ei...

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...

Columns

Commentaries | Jul 25,2026

Cost Recovery by Public Institutions Becomes a Hidden Tax

Ideally, citizens who have paid income tax all year should not have to reach for their wal...

Editorial | Jul 25 , 2026

Chasing Excellence in the Summer, Raising Questions Over Who It Leaves Behind

For as long as her daughter had been in school, the summer break belonged to the family. E...

Featured | Jul 25 , 2026 . By BIZUAYEHU ABIY and TIGIST MEKONNEN

Shematera Weavers' Chain Meets the VAT Line

The footsteps, bargaining voices and rustle of cotton cloth that once filled Shematera in...

Agenda | Jul 25 , 2026 . By NAHOM AYELE

Global Bank Board Suspends 18 as Deposit Probe Widens

Global Bank's Board of Directors have overhauled top management, after suspending several...

Fortune News | Jul 25 , 2026 . By BEZAWIT HULUAGER