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Fortune News

May 13 , 2023

Forex Crunch Inflames Agro-Industrial Parks' Inadequate Power Supply

Foreign currency shortage has impeded power supply installations to integrated agro-industrial parks despite the Ministry of Industry remunerating Ethiopian Electric Power (EEP) in local currency. ...

May 13 , 2023

Agriculture Ministry Envisage Machinery Inspection, Training Centre to Hoist Mechanished Farming

Uniform standards and inspections on imported and locally manufactured agricultural machinery are nearing sight following the agreement to establish agricultural mechanisation centre. The centre is ex...

May 6 , 2023

HOPE AMID RECOVERY

In a move telltale of Ethiopia's continued aspiration to bolster its tourism sector, Prime Minister Abiy Ahmed (PhD) presided over the inauguration of the expanded Skylight Hotel on Friday, May 5, 20...

May 6 , 2023

Forex Crunch Exacerbates Fertilizer Crisis, Heightening Food Insecurity Fears

A severe foreign currency shortage has led to a drastic drop in fertiliser shipments and distribution, exacerbating concerns over food security. The distribution plan faced considerable challenges due...

Nov 20 , 2023

New Bill Offers Hope for Sweet Revival

Experts at the Ministry of Agriculture have drafted a bill to fix shortfalls in the production, quality, and marketing of honey and apicultural products four years after the effort began. The bill...

May 6 , 2023

Civil Societies Alarmed over Embargo on Tax-free Vehicles

Members of Civil Society Organisations (CSOs) are dismayed over the delisting of selected types of vehicles from duty-free privilege. The directive, which came to effect in January by the Ministry...

May 6 , 2023

Central Bank Rolls Out Financial Inclusion Scheme for MSMEs

Financial technology firms partnered with the central bank to design and execute a regulatory framework for moveable collateral and non-collateral loans that address Micro, Small and Medium Enterprise...

Apr 29 , 2023

DIGITAL DREAR

Addis Abeba came to a standstill when cars were forced to pay for petrol using digital technology rather than cash last week. Several technologies started offering their services to facilitate cashles...

Apr 29 , 2023

Transport Ministry Collects Half a Billion Birr from Penalty

Traffic penalties have earned the Ministry of Transport & Logistics half a billion Birr within nine months. The figure was revealed as the newly appointed Minister Alemu Sime (PhD) presented hi...

Security Concerns on Ethio-Djibouti Railway Pose 145m Birr Loss

A staggering amount of possible losses have occurred due to repeated derailment of the Ethio-Djibouti railway with security issues indicated as critical hurdles to the pathway. According to the Sta...

Apr 29 , 2023

Digital Procurement System Faces Drawbacks

The federal institutions compelled to electronic procurements after a couple of months are apprehensive over the drawbacks observed in the pilot following the Public Procurement & Property Authori...

Apr 29 , 2023

Milk Shortage Meets Dairy Industry Regulation

A bill which regulates participants in the dairy industry put forth by the Ministry of Agriculture is making its way to the parliamentary grill. It requires all parties with the exception of smallh...

Apr 29 , 2023

Labour, Skills Ministry Rolls Out TVET Reformation

A bill to form a link between the labour market demand and the field of specialisation in technical and vocational training was put forth by the Ministry of Labour & Skills. Under Muferihat Kam...

Apr 22 , 2023

UNTOUCHED SKINS

Ethiopia's leather industry has significant untapped potential from its large livestock population. However, foreign currency shortages, limited access to chemicals, and a lack of prioritization from...

Apr 22 , 2023

PwC Nabs $1.3m Contract to Transform Digital Landscape for the CBE

The London-based accounting giant, PricewaterhouseCoopers (PwC), has secured a 1.3 million dollar contract to help executives of the Commercial Bank of Ethiopia (CBE) reposition the state-owned Bank....

Apr 22 , 2023

Capital Embraces Three Mega Market Centers Near Completion

Three giant market centres expected to house agricultural produces are underway in the capital with Ovid Construction Plc undertaking the construction project. The centres which have a combined siz...

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