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Fortune News

Jun 1 , 2024

Central Bank Irons Out Reform Heats with Executives

Regulators at the National Bank of Ethiopia (NBE) are shaking things up in the banking industry, as the country prepares to welcome foreign banks. During a recent meeting with bank executives, they di...

May 25 , 2024

GRIPPING DIPLOMATIC MANEUVER

A handshake between Foreign Minister Taye Atsqeselassie and his Saudi counterpart, Prince Faisal bin Farhan bin Abdullah, seems to have concluded a meeting in Riyadh last week. The backdrop to this me...

Soaring Debt Breeds Sour Solutions

Ethiopia's domestic debt has surged past the 1.2 trillion Br mark, triggering a contentious debate in the federal legislative house. During his nine-month report to Parliament last week, Finance Minis...

May 25 , 2024

Land Rush Bidders' Paradise, a Mirage for the Many

The long-awaited land auction in Addis Abeba drew hundreds of developers eager to secure prime plots across the city, marking an event in the capital's urban development evolution. Over nine days last...

May 25 , 2024

Transporters Fume Over Truck Load Limits

A two-year-old regulation limiting the load capacity of trucks on the road is sparking concerns among freight truck drivers. Set to be enforced in two months by the Ethiopian Roads Administration (ERA...

May 25 , 2024

Tigray Authorities Thwart Fake Fertiliser Distribution

A disturbing discovery of counterfeit fertiliser that infiltrated Tigray Regional State earlier this year was unveiled by the region's Agriculture Bureau during an inter-regional performance report la...

Jul 3 , 2024

A Bold Bet on Affordable Housing Faces Skepticism, Financial Roadblocks

The federal government is embarking on an ambitious venture with the "Chaka Satellite City" project, which will incorporate thousands of "affordable housing units" through a new public-private partner...

May 18 , 2024

Real Estate Deal Falls Through: Anxious Investors Left With Purpose Black's Promises

A Federal Higher Court ruling has ended the legal battle between BGI-Ethiopia and Purpose Black, marking the end of property acquisition and dashing the dreams of thousands who invested in a p...

Procured with Pride, Delivered with Peril

With the impending Meher season, lawmakers' focus shifts to the distribution of fertilisers. The conversation during the Ministry of Agriculture's nine-month performance report has shifted from purcha...

May 18 , 2024

Walking on a Wage Wire

A recent regulatory change that removed the wage requirement for workers under private employment agencies, is sparking concerns about exploitation and a potential violation of worker rights. The law...

May 18 , 2024

SAVING LIVES, ONE SHORTAGE AT A TIME

Behind the nondescript facade of a drop-in centre in Addis Abeba, a quiet struggle unfolds nightly. Among those seeking refuge is a 25-year-old sex worker, driven by financial hardship from waitress t...

May 11 , 2024

Addis Abeba's Grand Plan to Outsmart Its Own Chaos

Officials of the Addis Abeba City Administration are advancing a series of ambitious urban development initiatives, aspiring to transform the city into a "smart city," a vision championed by Prime Min...

May 11 , 2024

Abundance Ignored, Quality in Peril

A downturn in demand from the cement manufacturing sector has resulted in an unforeseen surplus of coal in Oromia Regional State, leaving miners with 125,000tns awaiting buyers. It has prompted th...

May 11 , 2024

Brains Chart Rebuilding Courses

Ethiopia's parliament established an 18-member think tank focused on addressing the construction industry woes. Under the leadership of Hiyaw Terefe (PhD), the team is entrusted with the responsib...

May 15 , 2024

Manufacturers Cry Out on Taxing Wheat Prices

Manufacturers of biscuits, noodles, and animal feed are sounding the alarm, urging policymakers to intervene on the impacts of escalating wheat prices. VAT requirements, soaring production costs, and...

May 11 , 2024

Continental Trade Dreams Pinned on Domestic Reforms

Ethiopia is contested to fully embrace the African Continental Free Trade Area (AfCFTA) due to slow progress on cross-regional payment systems, potential tax revenue losses, and underdeveloped logisti...

Columns

Commentaries | Nov 16,2024

Flower Exports Contested Despite UKs Tariff Break, as Rivals Thrive

Life Matters | Nov 16,2024

Human Face of Public Service

My Opinion | Nov 16,2024

What Donald Trump's Return Means for the World

Sunday with Eden | Nov 16,2024

Finding My Body Back, A Year Later

Agenda | Nov 16,2024

Perfect Storm of Climate, Health, Supply Chain Issues Trigger Resurgent Malaria

Editorial | Nov 16,2024

Bound by Debt, Government's Costly Love Affair with State Bloat

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Bound by Debt, Government's Costly Love Affair with State Bloat

In the realm of public finance, balance sheets speak louder than rhetoric. In such domain...

Editorial | Nov 16 , 2024

Independent Forex Bureaus Offer Valued Choice

Waktole Abdulahi, a long-time resident of Norway, was relieved when he was able to secure...

Featured | Nov 16 , 2024 . By KALKIDAN NEGASH

Perfect Storm of Climate, Health, Supply Chain Issues Trigger Resurgent Malaria

Malaria is no stranger to Ethiopia. Every year, the disease poses a public health issue, e...

Agenda | Nov 16 , 2024 . By BEZAWIT HULUAGER

MALARIA SURGE, HEALTH SYSTEMS BUCKLE

Malaria, a persistent threat in rural areas, is resurging with alarming intensity in 2024...

Fortune News | Nov 16 , 2024

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