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Fortune News

Jul 1 , 2023

Freight Operators Embark on Commercial Reestablishment Decree

The awaited standard to regulate freight transport services is put forth by the Ministry of Transport & Logistics delineating the duties of operators, requirements for licensing, and structural or...

Jun 24 , 2023

ETHIOPIA'S DEBT: ABIY'S PLEA

Prime Minister Abiy Ahmed (PhD) alighted in the French capital last week, ushering his high-level entourage, Mamo Mihretu, the central bank governor, and Ahmed Shide, his finance minister, into the "N...

Jun 24 , 2023

Trade Ministry's Price Floor Sparks Discord in Edible Oil Industry, Threatens Supply Stability

Trade Minister Gebremesqel Chala's imposition of a price floor on the exports of oilseed cakes has spurred a dispute with edible oil manufacturers, highlighting the delicate balance in the global agri...

Authorities Open Doors for KEFI's $390m Gold Mine Amid Sweeping Regulatory Changes

KEFI Gold & Copper Plc, the London-based mining and exploration company, has received the green light to open an offshore account as it edges closer to commencing its ambitious 390 million dollars...

Jun 24 , 2023

Commission Steers Joint-Employment Modalities for Civil Servants

Joint employment modalities permitting civil servants to work at two public offices simultaneously have been introduced in a new directive penned by officials at the Civil Service Commission. A min...

Jun 24 , 2023

Digital Classifieds Pioneer Qefira Shuts Down Under New Ownership

One of the early pioneers of online markets, Qefira shut down its website a month ago following the full consolidation of the holding company ROAM by the Swiss media giant Ringier on December 2022. ...

Jun 24 , 2023

Policy Looms Amid the Pursuit of Intra-Continental Trade Integration

A bill that subsidizes local producers and levies tariffs on imported goods that have domestic alternatives is put forth by the Ministry of Trade & Regional Integration (MoTRI). Officials hope to...

Jun 17 , 2023

ETHIOPIA'S LOOMING MEDICAL EXODUS

A wave of "medical brain drain" is taking a toll on Ethiopia's healthcare system, with the country ranking among the top five in Africa for doctor emigration. Despite Ethiopian physicians earning an a...

Jun 17 , 2023

Aviation Authority Pins Hope on Leonardo Deal to Rescue Aging Radar System

The Ethiopian Civil Aviation Authority (ECAA) entered a two million euro deal with the global aerospace giant Leonardo to secure spare parts and maintenance services for its ageing radar system. The d...

Supreme Court Shakes Corporate Landscape with Landmark Tax Ruling

In a landmark ruling that could reshape Ethiopia's business landscape, justices at the Federal Supreme Court Cassation Bench have passed a judgment on the taxability of retained earnings used to pay u...

Jun 17 , 2023

French Company Joins Ethiopian Firm to Fight Widespread Malnutrition

A family-owned company in the nutritional food industry has partnered with a French company in Bless-Agri Food Laboratory Services Plc, eying the fight against malnutrition in Ethiopia. Safir, an a...

Jun 17 , 2023

A Cultural Centre Wavers in the Balance of Urbanisation, Tradition

A cherished cultural establishment, famous for its traditional music and unique offerings of local spirits, is threatened with demolition to make way for hotel development. The potential for an imposi...

Jun 17 , 2023

Battle for Health or Wealth?

A revised draft regulation from the Ethiopian Food & Drug Administration Authority (EFDA) could see sweeping changes to the advertising practices of brewery companies in Ethiopia. The proposed reg...

Jun 17 , 2023

Imminent Reform Stirs Shareholders' Stance

A reform that excludes founding shareholders from additional revenues aside from their due dividends is underway, with a bill that governs the formation, management and dissolution of share companies...

Jun 17 , 2023

Ministry Attempts to Combat Contraband, Eliminates Controversial Mining Category

A new bill that governs licensing of miners has removed a special small-scale mining classification that stood between artisanal and small -scale producers. The category allowed transferring licences...

Jun 10 , 2023

Land Acquisition Speculation Clouds Addis Abeba's Bid to Expand East Africa's Premier Convention Centre

At the northeast gate of Addis Abeba, near the bustling CMC roundabout, lies the Addis-Africa International Convention & Exhibition Centre (AAICEC), a pivotal establishment that carries hopes of b...

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