FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo

1,058,000,000

May 10 , 2025.

The cash reserve in Birr held by Ethiopost in the fiscal year 2023/24, registering a staggering increase of 259pc from the previous year. However, such an increase was disproportionate to the Enterprise’s operating cash flow (200 million Br) and net income (139 million Br). The supporting cash flow statement does not clearly reconcile how such an enormous increase materialised, particularly as financing activities netted a negative flow of 58.6 million Br.


PUBLISHED ON May 10,2025 [ VOL 26 , NO 1306]

[ssba-buttons]

Most read

Editor's pick

Commentaries

Sandford School's Tax Battle Signals a Reckoning for Nonprofit Sector

When Sandford International School (SIS) opened its doors in Addis Abeba more than se...

Lines Blur with Parent Lenders, Investment Banking Debut Will Face Credibility Test

The financial sector underwent a decisive shift this year following the National Bank...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Saplings Should Not Be Rushed Like Election Rallies

Aug 2 , 2025

At daybreak on Thursday last week, July 31, 2025, hundreds of thousands of Ethiop...

Teaching Hospitals Shoulder the Burden While Administrators Count the Beans

Jul 26 , 2025

Teaching hospitals everywhere juggle three jobs at once: teaching, curing, and discov...

In Taxing Aggressively, Fed's Fiscal Reckoning Arrives

Jul 19 , 2025

Parliament is no stranger to frantic bursts of productivity. Even so, the vote last w...

Legal, Policy Volatility Turns Promises into Headwinds

Jul 12 , 2025

Political leaders and their policy advisors often promise great leaps forward, yet th...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

Reborn Through Betrayal

Last week, my new house helper, only twenty-two years old, shared a story that left me breathless. I found her crumpled on the stairs, sobbi...

Rogue Accountants Bleeding Businesses

In recent months, a troubling pattern has emerged across Ethiopian businesses: a wave of rogue accountant...

Life Matters

Facing the Butcher's Cut

The image remains vivid; standing at the butcher's shop, watching as the order was prepared, and spotting it. A small, unbandaged cut on the...

The Law, the Guards, and the Doghouse

A recent incident in my residential compound reinforced a growing sense of unease: our society struggles...