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Fortune News

Jul 19 , 2025

Environmental Authorities Turn to Water Fees as Ecological Strains Deepen

Environmental authorities have signalled a shift toward regulatory intervention, introducing a usage-based payment system for water drawn from natural reservoirs such as Lake Zway. The country's ec...

Jun 15 , 2025

Unilever Gains First-Mover Edge as Market Barriers Fall, Fears Rise

Unilever, the British-Dutch multinational, has become the first foreign company licensed to import finished goods directly into the country, following revisions to investment policies. Vaseline petrol...

Jun 7 , 2025

WEGAGEN GRAZES FRESH GREEN GROUND

Wegagen Capital Investment Bank, one of the first two standalone investment banks, launched operations on June 2, 2025, at the Hilton Addis Abeba Hotel. Chief Executive Officer Brutawit Dawit was join...

Jun 8 , 2025

Central Bank Moves to Erase Paper Bonds Betting on Digital Overhaul

Investors will soon find that physical paper certificates for government bonds and Central Bank securities are a relic of the past, replaced by electronic records stored securely online. The National...

Jun 8 , 2025

When Purpose Meets Penalties, the Taxman Strikes Back

In a fresh blow to the embattled Purpose Black S.C., the Ministry of Revenues has demanded over half a billion Birr in back taxes, penalties, and interest, intensifying the regulatory storm surroundin...

Jun 12 , 2025

Horizon Eyes Somali Region for Grand-Scale Agri Investment Push

Horizon Plantations Plc, a subsidiary of MIDROC Investment Group, is launching a major agricultural project in the Somali Regional State, aspiring to transform underutilised land into productive farml...

Jun 8 , 2025

Authorities Target Reckless Driving With Mandatory Retraining

In a marked departure from traditional deterrents, transport authorities are set to impose a compulsory rehabilitation program for drivers whose licenses are suspended due to serious traffic violation...

Jun 8 , 2025

Feds Push for Product Prestige While Global Market Profits Elude Local Producers

Federal authorities are pushing ahead with an ambitious plan to institutionalise Geographical Indications (GIs), a legal framework designed to link product quality and origin. Launched through a partn...

May 31 , 2025

Real Estate Developers Build a Lobby as Rules Tighten

Real-estate developers have formed a new lobbying group, the Ethiopian Real Estate Developers' Association, after years of working piecemeal while rules tightened and public scepticism grew. The new l...

Jun 20 , 2025

Government to Open Farm Advisory Market to Private Sector

A draft proclamation, endorsed by the Council of Ministers two weeks ago, will permit private entities to deliver agricultural extension services that were previously the sole responsibility of govern...

May 31 , 2025

Central Bank Orders Banks to Map Their Own Safety Net

Regulators at the National Bank of Ethiopia (NBE) have issued a notice to commercial banks, instructing them to develop a clear roadmap for staying afloat in the event of trouble and to do so promptly...

May 31 , 2025

Water Ministry Shifts Weed-Clearing Burden to Local Institutions

The Ministry of Water & Energy has announced plans to enlist institutions located near affected water bodies and assign them responsibility for reducing the invasive water hyacinth presence throug...

May 31 , 2025

Addis Abeba's EV Rollout Short-Circuits Due to Power Delays

Addis Abeba is racing to build a public charging network for electric cars estimated to reach 100,000, but the rollout has already hit a wall. The plugs are installed,but the power is not. The Traf...

May 31 , 2025

NBE Plans Insurance Overhaul After Years of Regulatory Drift

The federal government is to establish an independent regulator for the insurance industry, setting in motion a long overdue process, according to industry insiders. A drafting of revised financial se...

May 24 , 2025

URBAN BOOM MEETS DRAINAGE BUST

First came the trickle, then the torrent. On a humid night in late March, a low-lying neighbourhood on Addis Abeba's southeastern fringe watched its usually placid stream surge over the banks, punch t...

May 24 , 2025

Visa Trap Leaves South Sudanese Students Stranded from Going Home

When Moses Akuei received his geology degree from Wolaita Sodo University, the 27-year-old from South Sudan imagined proudly returning home to his family. Instead, he now sleeps on friends' couches an...

Columns

Commentaries | Sep 13,2025

In Climate Talks, Africa Mortgages Tomorrow Simply to Survive Today

At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...

Editorial | Sep 13 , 2025

Digital Payments Reshape Economy While Service Workers Lose Out

The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

Featured | Sep 14 , 2025 . By NAHOM AYELE

Student Tax ID Push Triggers Logjam

The yellow flush of Aday Abeba flowers has returned to Addis Abeba, heralding the arrival...

Agenda | Sep 13 , 2025 . By NAHOM AYELE and YITBAREK GETACHEW

Monument to National Ambition, Geopolitical Agency

The Grand Ethiopian Renaissance Dam (GERD), Africa's largest hydroelectric power project,...

Fortune News | Sep 15 , 2025 . By AMANUEL BEKELE