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Fortune News

Feb 12 , 2022

Agri Exporters Rush to Meet Tightened Chinese Customs Rules

Exporters of primary commodities face difficulties shipping to China following stricter requirements on imported food items. The Chinese General Administration of Customs issued a compelling regulatio...

Feb 12 , 2022

Consumer Protection Agency Peers into BGI's Meta Acquisition

A federal agency overseeing competition in the market queries about the impact of BGI-Ethiopia's acquisition of Meta Abo Brewery, asking other breweries for their views on its effect on their business...

Feb 12 , 2022

Legislative Reform to Pave the Way for Fertiliser Blending Industry

The era of farmers using only two fertiliser varieties will be over soon as a legislative reform seeking to change a two-decade law will allow a domestic blending industry to emerge. Blended fertil...

Feb 12 , 2022

Addis Abeba Expands E-Filing Netting More Categories

The Addis Abeba Revenues Bureau is to broaden an electronic tax payment system hoping to net additional taxpayer categories this year in a bid to boost revenues. The Bureau has been implementing an...

Feb 12 , 2022

Shipping Company Jacks Up Deposit, Slashes Grace Period to Offset Container Scarcity

The Ethiopian Shipping & Logistics Services Enterprise (ESLSE) has beefed up container guarantee deposits by as much as 66pc and cut container returning periods for importers by five days, shorten...

Feb 12 , 2022

Southern Region Doubles Down on Irrigation as Drought Encroaches

Six small-scale irrigation schemes with a projected cost of 100 million Br will be launched in the Southern Regional State as drought continues to take a crippling toll in the south and east. Covering...

Feb 5 , 2022

THE COMEBACK SUMMIT!

Prime Minister Abiy Ahmed (PhD) and Moussa Faki Mahamat, chairperson of the African Union Commission, fist-bump inside the main hall of the African Union (AU) headquarters on Ras Leulseged St. The bia...

Feb 5 , 2022

State Telco Eyes External Credit Review as Monopoly Nears End

Ethio telecom wants to unfasten its non-guaranteed external debt from Ethiopia's total outstanding debt stock. Its executives hope the move would enable access to credit for the company, which had a n...

Feb 5 , 2022

Four Spices to Debut on ECX Floor Amid Shrinking Export Revenues

Four types of agricultural produce will make their debut on the Ethiopian Commodity Exchange(ECX) trading floor, bringing the commodities traded to 15. The addition of black pepper, fenugreek, blac...

Feb 5 , 2022

Rising Soil Acidity Concerns Push Gov't to Mull Limestone VAT Exemption

Limestone dealers will be exempted from a 15pc value-added tax (VAT) in the federal authorities' bid to control worsening soil acidity on agricultural land. Officials at the Ministry of Agriculture...

Feb 5 , 2022

High Court Judges Reject TACON's Appeal to Intervene in ERA Suit against Abay Bank

Federal High Court judges have rejected pleas by lawyers representing Tekleberhan Ambaye Construction Plc (TACON) to intervene in legal proceedings between the Ethiopian Roads Administration (ERA) and...

Feb 5 , 2022

City Admin Embarks on 6b Br Manufacturing Cluster Zone Project

Officials of the Addis Abeba City Administration are pushing to establish an industry cluster zone on 40ht of land in Akaki Qality District, aspiring to meet goals in a cluster development strategy ad...

Feb 5 , 2022

Yirgalem Construction Bags 1.3b Br Addis Abeba Road Project

Yirgalem Construction, a grade-one contractor, sealed a deal last week to build one of the capital's most expensive road projects ever undertaken. With an outlay of 1.3 billion Br, the 5.6Km road proj...

Feb 5 , 2022

Wegagen Bank Seventh President Bullish to Steer Ship to Calm Waters

Aklilu Wubet, 48, has won the approval of regulators at the central bank to take the helm at Wegagen Bank as its seventh president since its foundation. Serving as acting president following the re...

Jan 29 , 2022

DROUGHT LOOMS IN EAST. AGAIN!

For weeks, stories and photos coming out of the Somali and Oromia regional states have revealed a growing humanitarian crisis of a magnitude unseen for decades. Cattle have been pictured with their bo...

Jan 29 , 2022

Telecom Infrastructure Sharing Deal Remains Unsettled Ahead of Safaricom Launch

Two months are left before Safaricom Ethiopia launches what will be the country's first private telecom services, but an infrastructure sharing agreement with the state-owned Ethio telecom remains inc...

Columns

Commentaries | Jun 06,2026

The Elections Offered Order at the Centre, Silence at the Edges

For a political veteran as controversial as Getachew Reda, last week's national elections...

Editorial | Jun 6 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE GOLD RUSH RUNS OUT OF FUEL

Zenebe Girja used to sit close to the centre of the formal gold trade, where sacks of raw...

Agenda | Jun 7 , 2026 . By MASTEWAL ZEMENE

National Census Delay Opens a New Fight Over Who Controls the Facts

The long-delayed census has returned to Parliament not as a counting exercise, but as a fi...

Fortune News | Jun 7 , 2026 . By NAHOM AYELE