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Fortune News

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...

Jan 29 , 2022

Trade Ministry Sets Threshold Livestock Export Prices Amid Burgeoning Illicit Trade

Exporters of live animals from Ethiopia cannot ask for less than a threshold price set last week by officials of the Ministry of Trade & Regional Integration. Cattle weighing more than 320Kg will...

Columns

Commentaries | Jul 31,2026

The Rains May Fail, Policy Dare Not

Weldu Yiheysh has not read the Pacific temperature charts. He does not need to. In Shibta...

Editorial | Jul 31 , 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

Tax Bills Outrun the Metre, Stalling Ride-hailing Drivers

Elbeletel Tilahun was among the ride-hailing drivers startled by this year's tax assessmen...

Agenda | Aug 1 , 2026 . By BEZAWIT HULUAGER

Right-sizing Tests Addis Abeba University’s Promise for Autonomy

Addis Abeba University set out to win its institutional autonomy. Two years in, that freed...

Fortune News | Aug 1 , 2026 . By NAHOM AYELE