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Fortune News

Apr 9 , 2022

Ministry Inks 480m Br Deal to Curb Water Wastage in Towns

Two companies have signed a half-billion Birr contract to supply and install equipment that controls and measures utility water flow to cut down on wastage. The Ministry of Water & Energy has sele...

Apr 9 , 2022

Federal Gov’t to Launch Digital Agri Extension Services Roadmap

A digital agricultural extension services advisory roadmap will be developed by an American consulting firm the federal government hired. Boston Consulting Group, a global consulting firm, will be...

Apr 9 , 2022

Dysfunctional Irrigation Project Deflates Farmers' High Hopes

An irrigation project in the Amhara Regional State remains dysfunctional four years after its completion, trouncing the dreams of thousands of smallholder farmers who had hoped the project would help...

Apr 2 , 2022

UNPLIABLE PLASTIC, BATTERED SECTOR

A few years ago, a week did not go by without a new plant for bottled water kicking off production. Those roaring times have come to a screeching halt. Consumers are noticing. A two-litre bottle of mi...

Apr 2 , 2022

Pressed for Cash, Unable to Access Loans, Payment Scheme Troubles Oil Companies

Oil companies struggle to make upfront payments to the Ethiopian Petroleum Supply Enterprise (EPSE) following the shift in payment modalities accepted by the state-owned company. For years, transac...

Apr 2 , 2022

'Reject' Coffee Scarcity Hurting Business: Roasters Decry

Coffee roasters plead for a solution to the scarcity of "reject" coffee on the Ethiopian Commodity Exchange trading floors (ECX). Legislation makes the ECX the only place where roasters can source cof...

Apr 2 , 2022

Fuel Truck Owners Run Out of Patience, Threaten Strike

Leaders of an association representing fuel truckers say they have run out of patience waiting for the federal government to adjust fuel transportation tariffs, threatening to strike if their demands...

Apr 2 , 2022

Fed to Set Up 700m Br Seed Labs

The setting up of laboratories for seeds inspection is underway on a plot of land in Akaki Qality District, behind St. Gabrial Church. The 23,000sqm land is under the Ministry of Agriculture (MoA), wh...

Apr 2 , 2022

Japanese, Chinese Firms Pair to Build Ethiopia Geothermal Plant

A Japanese and Chinese consortium is contracted to erect a geothermal power plant in Ethiopia after willing a lucrative deal. Comprising the Mitsubishi Corporation and SEPCOIII Electric Power Construc...

Apr 2 , 2022

Corp's Grand Housing Development Plans Draw International Attention

International developers have shown strong interest in constructing 15,000 housing units, three convention centres, and two horse racing venues to be developed in Addis Abeba. The Land Bank & Deve...

Apr 2 , 2022

Zemen Bank Joins E-commerce Bandwagon

Zemen Bank is the latest to join an international e-commerce gateway service partnering with the global payment service provider, Mastercard. The gateway is a merchant service provided through an e-co...

Apr 2 , 2022

Law to Compel Mass Transport Vehicles Install GPS Tracking Devices

A law prescribing satellite tracking devices be installed on vehicles engaged in mass transportation is in the making, designed to manage the enforcement of the federal government's impending petroleu...

Mar 30 , 2022

INFLATION CAUSES PAIN, LITERALLY!

Consumers in Ethiopia wake up each day to find the cost of living edging ever higher. The outcome is muffled consumption on most goods, except those essential and, evidently, items of life and death....

Mar 26 , 2022

Tax Liabilities, Pending Lawsuits Hamper Edna Mall Foreclosure

Claims by tax authorities and pending lawsuits stand between the Chinese company in the process of acquiring Edna Mall and the state-owned commercial bank that foreclosed the property a few months ago...

Mar 26 , 2022

Bill Keen to Overhaul Contract Farming, Expands to Other Grains

A long-awaited legislative piece that formalises contract farming models has reached the final stage before a landmark parliament passage. Federal officials hope to encourage expanding a demand-dri...

Mar 26 , 2022

Comm'n Authorities Contemplate to Enforce Building Code for Telecom Infrastructure

The allocation and use of land to erect telecom infrastructure is to be standardized as the industry is going through a liberalisation process, allowing space for competition. Officials at the Ethiopi...

Columns

Commentaries | Aug 22,2026

Exports Record Worth Having. They Worth More as a Beginning

A record is a strange thing to worry about. Federal trade officials have booked the best e...

Editorial | Aug 22 , 2026

SMALL-NOTES SQUEEZE WORN, TORN, NEVER RETURNED

For Hirut Ayalew, a small shop owner around Ferensay Legasiyon, the shortage of usable sma...

Featured | Aug 1 , 2026 . By BIZUAYEHU ABIY

The City Wants to Widen Its Tax Net. Shops Feel It Tighten

The tax bill that reached Ferdos Debebe this year left little room in the tight finances o...

Agenda | Aug 22 , 2026 . By ABDUREUF JUHAR and FITSUM TADESSE

Central Bank Writes Rulebooks for Billion-Birr Market Already Exists

The forthcoming strategy for interest-free finance will place Sharia-compliant financing o...

Fortune News | Aug 22 , 2026 . By BEZAWIT HULUAGER