Addis Fortune (Addis Ababa)
Website: http://www.addisfortune.com/
August 01
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Ethiopia: The Landman Detained On Return From China
The Federal Ethics & Anti-Corruption Commission (FEACC) today put Kasim Fite, manager of the Land Development & Administration Office of the Addis Abeba City... Read more »
July 28
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Ethiopia: Mung Beans to Enter ECX Trade Floor
In the next few months, the Ethiopian Commodity Exchange (ECX) will install mung beans as the sixth commodity to be traded on its floor, Fortune has learnt. Read more »
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Ethiopia: New Theatre Construction to Commence Shortly
In two months time, the Metals & Engineering Corporation (MetEC) is set to commence the construction of a new theatre, with 300.5 million Br. This will come after the... Read more »
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Ethiopia: DBE Gets New Chairman Once Again
Ahmed Abetew, who succeeded Mekonen Manyazewal as Minister of Industry four weeks ago, will now also take the latter's place as chairman of the board of directors at the... Read more »
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Ethiopia: Registration Kicks for Housing Associations Under the New Scheme
The Addis Abeba Housing Bureau wants to divert capable registrants from the 20/80 scheme, for which over 800,000 home seekers registered a month ago, to the scheme designed for... Read more »
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Ethiopia: High Oil Prices - Boom to Some, Doom to Others [opinion]
Oil prices have remained consistently high and volatile over the past few years. According to estimates, they may remain this way at least until 2014. The Brent crude spot price,... Read more »
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Ethiopia: Double Face
Most prime spots in Addis Abeba are transforming under a far-reaching development plan launched by the Addis Abeba City Administration. The project, which includes the demolition... Read more »
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Ethiopia: Bar for Large Taxpayer Bracket Rises to 27 Million BR
The Ethiopian Revenues & Customs Authority (ERCA) has revised the entry point into the large taxpayer category to start from companies who have an annual sales turnover greater... Read more »
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Ethiopia: Unprofessional Demolitions Continue At the Expense of Human Life
The last two months have been hectic for the Ethiopian Railway Corporation (ERC). It has been ordered by the government to complete the Addis Abeba light railway project within the... Read more »
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Ethiopia: Why Government Must Save Access Real Estate
We believe that it is imperative to comment on the commentary, headlined - "Can Access Real Estate be Saved?" (Volume 14, Number 687, June 30, 2013), written by Abdulmena Hamza. We... Read more »
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Ethiopia: Globalisation Calls for New Social Contracts [opinion]
Around the world, nowadays, persistent unemployment, skill mismatches and retirement frameworks have become central to fiscal policy, and to the often-fierce political debates that... Read more »
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Ethiopia: Communal Confusion [opinion]
Gauging one's priorities is one of the most contentious issues faced in life after high school. From inception to realisation, individual priorities remain so controversial that... Read more »
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Ethiopia: Kenyan Trade Mission to Visit Ethiopia
A high level delegation from Kenya will arrive in Addis Abeba this week on a three day trade mission to Ethiopia. Organised with the Kenya Association of Manufacturers, (KAM) and... Read more »
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Ethiopia: Post-Mobile Revolution [analysis]
Africans like their mobile phones, too. So surely the African continent will simply follow the same telecom development and usage pattern as the rest of the world, just maybe a... Read more »
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Ethiopia: Sixty-Four Percent Leather Lag
The Ethiopian Leather Industry Development Institute (LIDI) last week announced that the nation had earned 123.4 million dollars in leather exports. This was 64.3pc lower than its... Read more »
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Ethiopia: Allana's New Estimate Indicates Mineral Resources Increase By 90pc
Allana Potash announced last week that the mineral resource on its Denakhil potash project increased by 90pc as compared to the April 2012 estimate. The measured and indicated... Read more »
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Ethiopia: Pick-Drop Reforms May Bring Fatigue to Civil Service [opinion]
Since 1991, the EPRDF-led government has embarked on a series of reform programmes. These have hinged on the ideological shift that took place in the country, from a centralised... Read more »
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Ethiopia: Waste Worsens Power Interruption
The old maxim that says, "water is life" can be rectified a bit to include "electric power is also life". This statement is more relevant in towns like Adama, where the water... Read more »
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Ethiopia: Development Bank Signs Dairy, Juice Loan
The Development Bank of Ethiopia (DBE) has agreed to give a loan of 495.8 million Br to Velocity Dairy Plc in a contract signed on July 5, 2013. This company was established in... Read more »
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Ethiopia: U.S. Embassy to Implement New Visa Procedure
The US Embassy in Ethiopia has announced that it will implement a new non-immigrant visa procedure beginning July 31, 2013. The new procedure aims at streamlining and making the... Read more »
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Ethiopia: Cotton Industry in a Spin
Blen Tsegaye is a major shareholder and manager at Blen Tsegaye Business & Industry, a cotton grower that has been operating in Afar for the past seven years. The company has... Read more »
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Ethiopia: This Is a Nation Wherein Every Chieftain Claims to Be a Politician. - Beyene Petros (Prof.)
Beyene Petros (Prof.) said this in explaining the political sphere of the nation. Celebrities coming to the political sphere ought to understand the nature of the sphere, not least... Read more »
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Ethiopia: Ethio Telecom Signs U.S.$800 Million Network Deal With Huawei
Ethio telecom signed part of a 1.6 billion dollars deal with Huawei on Friday 25 July, 2013. ZTE's part of the deal was delayed for unspecified reasons. Read more »
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Ethiopia: Drainage Deficit Hampers Mobility in Addis
Residents around the Lancia area on Debre Zeit Road, have to walk in the flood since the running water, for which there is no drainage, doesn't stop even long after the rain has... Read more »
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Ethiopia: Competitive Politics a Necessity, Not a Luxury [editorial]
The EPRDFites, led by their technocratic chairman, Prime Minister Hailemariam Desalegn, preside over a sprinting but volatile economy. Ethiopia is experiencing a changing external... Read more »
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