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Fortune News

May 24 , 2025

Central Bank Pushes to Till New Ground in Farm Finance

The Central Bank is launching a sweeping initiative to overhaul the agricultural finance system, targeting deep-rooted structural gaps that have long limited the sector's potential. The plan seeks...

Jun 20 , 2025

Federal Bill Seeks Foreign Cash for Housing, Barring Access to Domestic Credit

Federal legislators are considering a bill that would allow foreign nationals to lease land and own residential properties, while prohibiting them from borrowing money or raising capital from local ba...

May 24 , 2025

In Addis Abeba, Tourist Numbers Rise But Tables Stay Empty

Traditional restaurants in Addis Abeba, known for serving authentic domestic dishes and offering vibrant cultural performances, face severe constraints, despite an uptick in tourist arrivals officiall...

May 24 , 2025

Toxic Residue Taints Avocado Boom

Traces of pesticides, banned internationally due to serious health and environmental concerns, have been found in avocados, pressing for stronger regulation and increased awareness among farmers. Repr...

May 17 , 2025

MILK SUPPLY DISRUPTIONS DRIVE PRICE SURGE

The soaring price of milk is becoming increasingly unaffordable, uncovering a deepening crisis in the dairy industry. Households are feeling the pinch as prices recently jumped by 20pc, leaving famili...

Jun 13 , 2025

Sovereign Fund Dips Into T-Bills Stirring Markets Long Left Dormant

Ethiopian Investment Holdings (EIH) has stepped into the Treasury Bill (T-bill) market for the first time, investing nearly seven billion Birr, marking a notable shift for commercial entities in the p...

May 17 , 2025

New Pharmacy Rules Promise Order But Threaten Survival of Small Businesses

In a sweeping move that has triggered applause from regulators and alarm among small operators, the federal government has rolled out new national pharmacy standards, ushering in stricter operational...

May 23 , 2025

Addis Abeba's New Policy Makes Landlords Tax Watchdogs

A new measure from the Addis Abeba Revenue Bureau (AARB) makes commercial landlords partly accountable for their tenants' unpaid taxes, an attempt to plug revenue leaks and prevent alleged tax evasion...

May 17 , 2025

Federal Tax Tribunal to Extend Wings to Regional Capitals

The Federal Tax Appeals Commission is preparing to open regional branch offices next year in the Amhara, Oromia, and Sidama regional states, a move hoped to ease the long-standing logistical and finan...

May 17 , 2025

Tourism Ambitions Hit Roadblocks as Violence, Red Tape Undermine Recovery

The tourism sector, battered by security risks, bureaucratic slowdowns, and infrastructure gaps, is struggling to regain its footing despite promising signs of recovery. In an address to federal legis...

May 11 , 2025

PROMISED HOMES COME WITH DEBT

In northern Addis Abeba, a neighbourhood known for its vibrant community has become a symbol of relocation, as city authorities push forward with an ambitious riverside development project. Longtime r...

May 11 , 2025

Revenue Rises Falter Under Weight of Smuggling Surge, Depreciation, Inflation

The federal government collected 653.2 billion Br in tax revenue in the third quarter of the current fiscal year, narrowly surpassing the Ministry of Revenue's target of 646.7 billion Br but falling s...

May 11 , 2025

Ministry Pushes Auto Policy Shift as Industry Hits the Brakes

Federal officials have drafted a sweeping policy for automotive development, aspiring to turn Ethiopia into an assembly hub that can join South Africa and Morocco. The text, prepared with input from d...

May 12 , 2025

Worker Turnover, Export Slump Test Industrial Parks

Labour churn erodes the flagship industrial-park experiment, unsettling managers who hoped the zones would anchor an export-led industrialisation drive. During the first nine months of the current fis...

May 11 , 2025

Avocado Boom Faces a Bitter Harvest Despite Lofty Promises, Fragile Supply Chains

Federal officials have unveiled a three-pronged allocation strategy for this year's anticipated avocado bonanza. Of the record 18.1 million tonnes forecasted, half is earmarked for export, 40pc for do...

May 11 , 2025

Addis Abeba's Parking System Goes Cashless

Addis Abeba's municipal authorities are rolling out a digital overhaul in urban transport infrastructure, targeting what has long been a cash-heavy, allegedly graft-prone parking system. Through the A...

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