Addis Fortune (Addis Ababa)
Website: http://www.addisfortune.com/
November 27
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Ethiopia: Ethiopia to Host Second Conference On Pulses, Oilseeds
The Ethiopian pulses, oilseeds and spices processors exporters association is to host the second international conference on pulses, oilseeds and spices with the theme... Read more »
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Ethiopia: Undeveloped Urban Land Resource Management System Escalates Losses [editorial]
If there is one thing that the ruling-EPRDF remains to argue fiercely over, it is the issue of land resources. Its long overdue belief over state ownership of the resources had put... Read more »
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Ethiopia: Not Time to Disengage [column]
The World Bank's fund for the poorest, the International Development Association (IDA), was created more than 50 years ago to meet an urgent need, to make sure the world's most... Read more »
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Ethiopia: Information Drought [column]
I would always remember the meeting that I once had with a renowned car dealer in our fair city. Not that the guy was popular but his statement was as definitive as a summary of... Read more »
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Ethiopia: Little Mercato!
Merkato, located at the centre of Addis Abeba, is the hub of a large chunk of Ethiopian, in-country business and trade activities, and is said to be one of the largest open markets... Read more »
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Ethiopia: United Bank Picks Winning Design for 800 Million Br Headquarters
Eskender Woubetu & Partners Consulting Architects, came up with the winning design for United Bank's future headquarters, which the latter estimates will cost up to 800 million... Read more »
November 20
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Ethiopia: Little Sanitary - Guard On Addis Abeba Eateries
Sometimes restaurants, like the kind seen above on Ras Leoulseged street in Mexico, lock up toilets unless a customer specifically requests to use them. Read more »
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Ethiopia: Undoing Doing Business Ranking Decline Paves Economic Future [opinion]
Kebede Chane, the modest minister of Trade, and Mulu Solomon, the rather hyperactive president of the Ethiopian Chamber of Commerce & Sectoral Associations (ECCSA), seemx to... Read more »
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Ethiopia: United Bank Profits While Shareholders' Return Stays Same
Despite registering a 297.9 million Br profit after tax in 2011/12 fiscal year, the Earning per Share (EPS) of United Bank stayed the same, hovering at 52.8pc as the result of the... Read more »
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Ethiopia: Taxman Grows Reluctant [opinion]
Anyone who has a culture of shopping at the flourishing supermarkets of our fair city could have experienced what I have noticed in my latest shopping experience. No doubt that it... Read more »
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Ethiopia: The Blessing and Curses of Urbanisation [opinion]
Urbanisation and its incessant expansion have become both curses and blessings in many developing countries of the world, not least our fair nation. Read more »
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Ethiopia: The Youngest Bank Rivulets in Profit in Full Year Operation
In its first full year operation since its founding, Abay Bank has announced a net profit of 24.2 million Br. However, its annual report contains couple of unusual glitches in its... Read more »
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Ethiopia: Complaint Over Audit Report Keeps Zemen in Dispute
Two shareholders of Zemen Bank have complained to the management and board of directors about the inclusion of 100 million Br in paid up capital, that was declared void by a court... Read more »
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Ethiopia: NIB Insurance Increases Its Profit After Tax By Half
Faced with a new insurance landscape that came out over the past fiscal year, Nib Insurance Company (NIC) looks confidently into the future by increasing its net profit after tax... Read more »
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Ethiopia: Uneasy Ethiopia Slides Down in Doing Business
If at all there is one edge that the incumbent government of Ethiopia had been recognised for since it assumed power in 1991, it had been the liberalisation of the economy. With... Read more »
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Ethiopia: Addis Abeba Transferring Public Businesses to Consumers' Cooperatives
The Addis Abeba City Administration Trade & Industry Development Bureau transferred 419 public shops and other income generating institutions which used to be under the Weredas... Read more »
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Ethiopia: Chamber Trade Fair Below Expectations
For people like Atsede Zemene, a mother of two, who usually goes to different exhibition and bazaars, the fifth Ethio-Chamber international trade, is a bit quiet compared to the... Read more »
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Ethiopia: Ex-CEO Employment Case Stalled
The Federal High Court appointed for the morning of December 17, 2012 to hear the statement of defense of Oromia Insurance Company (OIC) for the appeal filed by its former CEO,... Read more »
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Ethiopia: Despite Solid Standing, Dashen Bank Needs to Worry Over Declined Trends
Dashen Bank has thrived for yet another year after declaring record high profit after tax that also puts the bar high on its peers in the banking industry. Read more »
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Ethiopia: Investing in Financial Sector Smart Move
Despite doomsday projections subsequent to government's decision, in May 2010, for private banks to spend 27pc of their loans and advances in buying mandatory bonds, the financial... Read more »
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Ethiopia: Fifth Ethio Chamber International Trade Fair
The Fifth Ethio Chamber International Trade Fair, which was held in Addis Abeba Exhibition Centre and Marketing Development Enterprise last week brought an opportunity not only for... Read more »
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Ethiopia: Logistics Company Comes to Ethiopia
The owners of Trade Path International, the logistics company responsible for handling 70pc of Ethiopia's flower exports, have opened a local SEKO office, as part of a strategic... Read more »
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Africa: Are Political Outcomes Random? [opinion]
Africa has made very good progress in building institutions and in promoting democratic practices on the political front. However, there is some way to go in some countries where... Read more »
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Ethiopia: The Ultimate Telecom Solution - Liberalisation [opinion]
Today's Ethiopia has gone a long way in creating access for basic telecom services to its over 85 million population as compared to what has been there before two decades. Read more »
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Ethiopia: Delight of Homeownership Marred by Incomplete Infrastructure for Condo Owners
People began to reside at the new condominium site, Summite, though the necessary facilities and infrastructures are under construction yet. Read more »
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