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BUSINESS & ECONOMY INDICATORS TRENDS FORTUNE+ VIDEO TENDERS JOBS

“IT’S ETHIOPIA’S SEASON”

It looks like Prime Minister Abiy Ahmed (PhD) has begun an undeclared campaign on the behest of his newly merged and yet-to-be registered Prosperity Party (PP), which he chairs. Addressing a conference on peace...


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Fortune News

Fortune News

Awaking to New Excise Tax, Brewers Hold Back Investment

December 21 , 2019 . By GELILA SAMUEL


Featured

Featured

Right-of-Ways, Roads Delayed: Addis Construction Projects Burden Business Owners

December 21 , 2019 . By ELIAS TEGEGNE

Unlike her schedule for the first five y...



Editorial

Ethiopia Signs Up for IMF Deal: What's in Store?

It is not unprecedented for the International Monetary Fund (IMF) to lend an amount much more substantial than what is prescribed in its members' quota. But it is rare for it to extend a generous loan 700pc larger than Ethiopia’s quota under its Sp...

Editorials

A Rare Honour to Be Earned

December 14 , 2019

By any measure, starting life in the small town of Beshasha, a town with no running water or electricity, as Abiy Ahmed (PhD) recalled, with little privileges to give him a leg up in life, to be bestowed arguably the most respected award and recognit...

Sunday with Eden

Abiding by Rule of Law to Save Lives

December 21 , 2019 . By Eden Sahle

Going out for evening walks almost daily is our family’s exercise routine. It is not uncommon for us to witness horrific and fat...

Ethiopia: Valuing Life for Peaceful Coexistence

November 9 , 2019 . By Eden Sahle

An occasional outburst of respect, compassion and unity from...

My Way or No Way: A Failed Creed

November 2 , 2019 . By Eden Sahle

While walking on the streets of London a few months back, I f...

Bad to Worse is Not Merit

October 19 , 2019 . By Eden Sahle

Irresponsible Public Servants Erode Trust in Public Institutions

October 12 , 2019 . By Eden Sahle

Self-Worth does not Sprout from Families

October 5 , 2019 . By Eden Sahle

Antidote for Rumours: A Questioning Culture

September 28 , 2019 . By Eden Sahle

This week's print version


Agenda


Beef not for Dinner as Butchers Decry New Taxes



The current fasting season of Gena, the Ethiopian Christmas, did not force all butcheries in the capital to close their doors. But it does not mean that all of them are open either since most of them remain closed until the holiday. Some open door...

Agenda

Birr Depreciation Brings Mixed Feelings to Businesses

December 14 , 2019 . By DIBORA SAMSON and YOSEPH MERGU

At the edge of Addis Abeba Abattoir Enterprise, alongside the sheep sale yard, different car dealerships are lined up one after the other on Alexander Pushkin Street. Elias Kedir, in his late 20s, is a salesperson at one of these car dealerships named Sina...

Life matters

Prudence Versus Generosity

December 21 , 2019 . By Kidist Yidnekachew

There is a common culture in this country whenever someone buys a house or a car we expect them to invite us or treat us, what we call "ye des des," which is a way of sharing one’s happiness and success with a loved one. And usually, it is not some...

Is Love Really Enough?

December 14 , 2019 . By Kidist Yidnekachew

I have met many people on many occasions who think they know what is best for the greater society, who think they are privileged to pull strings and make the call for oth...

Memes: Not Funny Sometimes

November 9 , 2019 . By Tsion Fisseha

How far can funny pictures on the internet go? And how much of them are socially conscious? The internet has officially become a middle-aged adult. And if the internet is...

Verbatim


Exclusive Interviews


AFC Courting Ethiopia for Sovereign Membership

First established in 2007 with a one-billion-dollar contribution from the Central Bank of Nigeria, the African Finance Corporation (IFC) has become one of the prominent development lending institutions in Africa. It is expanding its shareholder base with the addition, two weeks ago, of the Africa De...



First established in 2007 with a one-billion-dollar contribution from the Central Bank of Nigeria, the African Finance Corporation (IFC) has become one of the prominent development lending institutions in Africa. It is expanding its shareholder base with the addition, two weeks ago, of the Africa De...

Exclusive interview

Constitutional Tailor Would Prefer Constitutional Court

August 10 , 2019

Hardly anyone matches the intellectual repository and experience of constitution making in Ethiopia as Fasil Nahum (PhD). He was involved in the drafting of three constitutions since the Imperial days but under radically different regimes. Never entangling him...


Viewpoints

Prospectuses and the New Commercial Code

December 21 , 2019 . By Ahadu Y. Assefa

A prospectus is a document through which an issuer of a security (mainly shares) discloses material information to potential investors. It is a document prepared when a company wants to offer its shares to the public or...

Ethiopia’s Jobless Economic Growth

December 21 , 2019 . By Senay Lemma and Solomon Girma

Ethiopia has gained a reputation as one of Africa’s fastest-gro...

Motherhood, Not Just a Woman’s Burden

December 14 , 2019 . By Etenat Awol

Maternity remains the ultimate emotional attachmen...

Decolonising African Scholarship

December 7 , 2019 . By Kenneth Amaeshi

The Challenges of Stabilisation and Reform in Ethiopia

November 30 , 2019 . By Yonas Biru (PhD)

Not Easy to Look the Other Way

November 23 , 2019 . By Etenat Awol

Sub-aggregated Data Useful Tool in Reporting

November 16 , 2019 . By Million Fikru

In-Picture

LIFTING THE CUP

December 14 , 2019

THE PLASTIC HOUSE

November 16 , 2019

BAG TIME

October 26 , 2019

A Rare Moment

November 28 , 2019

SHOP ON WHEELS

November 16 , 2019

Films Review

Divorce Story

December 21 , 2019 . By Christian Tesfaye

HUMAN AMBITION V CORPORATE GREED

December 7 , 2019 . By Christian Tesfaye

CHARLIE’S ANGELS: NOTHING ANGELIC ABOUT IT

November 23 , 2019 . By Christian Tesfaye

DARK FATE: ONE OF THE BETTER TERMINATORS

November 9 , 2019 . By Christian Tesfaye

Radar

GALLERY AT UNITY

December 21 , 2019

Historical and artistic photographs taken by the late renowned photographer Johannes Haile (1927 - 2016) are being displayed at the Unity Pa...

Coop Bank Opens Full-fledged IFB Branches

December 21 , 2019

Privatisation Bill Reaches Legislators

December 21 , 2019

RECYCLING

December 21 , 2019

10 YEARS

December 21 , 2019

The fineline

A Pronouncement of Political Dissent by Lemma Megersa...

November 30 , 2019

The public's attention, if not space, has been overwhelmed since late last week by a pronouncement of political dissent by Lemma Megersa, a once ardent ally of Abiy Ahmed (PhD). The coup de cœur of t...


The last executive committee meeting of the EPRDF...

The last executive committee meeting of the EPRDF, as it has been known for the past three decades, was held over the wee...

Leaders of the parties in the ruling coalition are playing chicken...

November 2 , 2019

Abiy Ahmed (PhD), chairman of the ruling coalition, is determined to go full speed ahead in forming a unified party out o...

The turn now appears between the TPLF and the ODP

More worrying to Abiy may come from his own backyard

September 28 , 2019

The EPRDF Executive Committee...

August 10 , 2019

The coalition under the EPRDF as it has been known for the past three decades is over...

July 20 , 2019

News Analysis




View from arada

Point in the Middle

According to my Facebook, we are all feminists who are keen to see equality while spreading love or sarcastic memes at one another. Facebook and Instagram, along with most other social media platforms, filter out what we see through algorit...

Greatness is all Around Us

December 14 , 2019 . By Hanna Haile

A coat of pride engulfs Ethiopia once again, as two international awards shine their lights on the country. Freweini Mebrahtu was chosen as CNN Hero of the Year and Ethiopia’s Prime Minister Abiy Ahmed (PhD) accepted his Nobel Peace Prize in Oslo. It helps me remembe...

Delicate number

11

Expected federal government revenue in Birr in 2019/20 from taxes on wages and salaries...

Commentaries

Nine Billion: Generous but Woefully Inadequate

Dec 21,2019 . By Yonas Biru (PhD)

Africa’s economic reform track record is replete with high expectations and shattered dreams running in alternate cycles. After nearly 50 years of revolving reforms of all sorts and hundreds of bill...

Road Safety in Ethiopia: The Need for a Shift in Emphasis

December 7 , 2019 . By Henok Girma and Matts-Åke Belin (PhD)

In a recent article published on Addis Fortune[vol. 20 No.10...

Changed Directive Demands Capable Central Bank

November 30 , 2019 . By Abdulmenan Mohammed

Last week, the National Bank of Ethiopia (NBE) announced that it lifted the requirement imposed on p...

My Opinion

The Common Good

December 21 , 2019 . By Tibebu Bekele

Alexandria, Bangkok, Basra, Mumbai, Shanghai and Ho Chi Minh City are some of the well-known cities in the world that could be submerged under rising tides by 2050, according to one recent study. Arou...

Cloudy With Brilliant Sunrise

November 30 , 2019 . By Tibebu Bekele

I am not a big fan of importing cultural holidays from the West and commercialising them here in Ethiopia. But I also re...

Federation not Confederation

November 9 , 2019 . By Tibebu Bekele

The 1994 Ethiopian Constitution has been a bone of contention going on for more than two decades and a half now. Perhaps...

Fortune video


Editors' Pick

Ethiopia Signs Up for IMF Deal: What's in Store?

It is not unprecedented for the International Monetary Fund (IMF) to lend an amount much more substantial than what is prescribed in its members' quota. But it is rare for it to extend a generous loan 700pc larger than Ethiopia’s quota under its Sp...

Editors Picks

MetEC Loses One More Wing

December 21 , 2019 . By SEBLE WONDEMAGEGN

Metals & Engineering Corporation (MetEC), the state-owned military-industrial conglomerate, lost one more department that has been working on quality assurance and certification. Last month, Prime Minister Abiy Ahmed (PhD) approved a request that moved the Quality Engineering Centre of MetEC to the Technology & Innov...

Gallery

IN-PICTURE: LAUREATE'S RECEPTION  

December 14 , 2019

President Sahle-Work Zewde hosted a state dinner reception to congratulate and welcome the Prime Minister on his return home from Oslo, Norway, where he accepted the 2019 Nobel Peace Prize two days earlier...

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

April 26 , 2019

Mourning Nation, Grieving World

March 17 , 2019

THE FINISH LINE

March 16 , 2019

Pizza Hut Triples Branches

February 2 , 2019

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