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Fortune News

Jul 15 , 2023

Commercial Banks Unveil Research to Illuminate the Spiralling Liquidity Crunch

Commercial banks contending with a worsening liquidity crunch initiated a study to delve into the root cause, under the auspices of the Ethiopian Bankers' Association. Seemingly, the Association th...

Jul 15 , 2023

Ethiopia to Remit $2m Membership Fee for Accession to International Trade Organizations

Amidst revived interest in accession to international trade organizations, Ethiopia is set to pay a 2.1 million dollar membership fee which got approved by regulators at the National Bank of Ethiopia...

Jul 15 , 2023

Condominium Shops Entice A Great Deal of Bidders

A ground floor of a condominium put up for commercial use auction near the Ministry of Revenue (Megenagna area) was sold for 111,000 Br and 126,000 Br for a single square meter. Alem Tour & Tra...

Jul 15 , 2023

Ministry Incorporates Import-Export License Issuance Mandate

The regional states' and city administrations' mandate to issue import-export permits has been revoked by the Ministry of Trade & Regional Integration, which absorbed the service under the federal...

Jul 8 , 2023

CONTROVERSIAL FISCAL TIGHTROBE

Parliament, in a conspicuous departure from a historical penchant for infrastructural investments, has approved a federal budget of 801 billion Br, signalling a potential pivot in policy direction. Th...

Jul 8 , 2023

Dramatic Fiscal Pivot

With the ratification of a towering 801 billion Br federal budget last week, a country once heralded as a developmental state model primarily built on extensive public infrastructure investments appea...

State Considers Private Imports to Tackle Fertilizer Crisis

In an audacious move to rejuvenate the agricultural sector, federal authorities are contemplating allowing the private sector to import fertiliser,(possibly through franco valuta) challenging the stat...

Jul 8 , 2023

Fed Bets on $43m Edible Oil Deal to Thaw Deepening Crisis, Unveils Deferred Payment Plan

The federal government has ventured into a deal with a company, Eteop Black General Trading Plc, in an ambitious effort to address severe shortages and stabilise the edible oil market. The deal, wh...

Jul 8 , 2023

Prospects and Pitfalls as Capital Markets Near Takeoff Amidst Economic Strife

Finance experts from across the world converged in the capital to discuss prospects and pitfalls as Ethiopia births capital markets where lively discussions and lectures ensued on the different types...

Jul 8 , 2023

Public Hospitals Foresee Service Outsource Under Public-Private-Partnership

Zewditu Memorial, Yekatit 12, Menelik II, Ras Desta Damtew Memorial and Tirunesh Beijing hospitals under the Addis Abeba Health Bureau are getting ready to outsource a host of their clinical and non-c...

Jul 8 , 2023

Chief Justice Demands Higher Courts Justify Prior to Appeal Dismissal

A circular that prevents the dismissal of appeals presented before higher courts without adequate justification has been signed by Chief Justice Tewodros Mihret a month ago. The working practice us...

Jul 1 , 2023

Ethiopia's Economy Stumbles as Export Earnings Tumble

The year-end report from senior officials of the Ministry of Trade & Regional Integration (MoTRI) has cast a pall over parliamentarians, as previously anticipated boosts in export earnings followi...

Jul 1 , 2023

A Bill Set to Revitalize Cross-Border Trade with South Sudan, Djibouti

Officials of the Ministry of Trade & Regional Integration (MoTRI) have proposed legislation designed to stimulate cross-border trade with South Sudan and Djibouti, following over a year of economi...

Ministry Clears Path for Agribusiness

A recently ratified proclamation by Parliament, six years in the making, has led to regulation for contract farming, seeking to reduce past failings in production and supply chain risks. The new rule...

Jul 1 , 2023

Austere Budget Proposal Stokes Distress over Infrastructure Development

The plausibility of addressing development goals and meeting the infrastructure objectives of regional states with a slashed capital expenditure was highlighted during the second public hearing on nex...

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...

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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