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Fortune News

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...

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...

Columns

Commentaries | Oct 04,2025

Central Bank Loosens Credit Reins But Stops Short of Bold Overhaul

Eyob Tekalegn (PhD) had been in the Governor's chair for only weeks when, on September 29...

Editorial | Oct 4 , 2025

TRADITION THRIVES AS COSTS CLIMB

As dawn broke over Addis Abeba last week, the city's arteries pulsed not with the usual we...

Featured | Oct 5 , 2025 . By REDIET YARED

Textbook Shortages Mount as School Year Advances

The school year in Addis Abeba began almost a month ago, yet across the capital, thousands...

Agenda |

Mesfin Rebrands to Overcome Wartime Shadow

In Meqelle, a name long associated with industrial grit and regional pride is undergoing a...

Fortune News | Oct 5 , 2025 . By NAHOM AYELE