D-Day for Ethiopia’s Textiles Industry



Fistum Hagos seems well aware of the risks involved with investing into the textile sector. With his familiarity of the nitty-gritty of the sector for so long as a supplier of accessories to the manufacturers and later m...


Cholera Outbreak Threat in Addis


Melese Kebede was rushing to get his wife timely treatment when Fortune met him in the early hours of Wednesday, July 6, 2016. She was in a critical health condition; horribly weak from her unstoppable loss of fluid thro...


Public Health Concerns in Booming Bottled Water Sector


With the changing lifestyle of Ethiopia’s urban population, the use of treated and bottled water has been increasing exponentially. The number of factories involved in the mineral water is also enormous. It was in the...


Businesses, Consumers Bear Brunt of Hoax Circulated on Goods


One week after World Blood Donors Day, the staff and administration of the Ethiopian Red Cross Society (ERCS), located on Ras Abebe Aregay Street, are still overwhelmed by the huge turnout of donors on the day. The other...


Rent Price, Building Numbers Go Symmetrically Up


Jemila Mohammed was busy packing her items, mainly accessories and the clothing of Muslim women, hijabs, on her display shelves on the morning of hours June 12, 2016. She, along with other shopkeepers, was busy setting u...


New Budget Questioned Based on Auditor’s Report


Abdulaziz Mohammed, minister of Finance & Economic Cooperation, made his first budget speech since he took office from his predecessor, the long-service former finance minister, Sufian Ahmed. However, the budget deba...


Despair, Hope Over Squatters Housing Rights in Addis Abeba


On the evening of May 17, 2016, anxious heads of families came together in the field where their children have been playing for about four years on average. It was not to recount their days or discuss some development is...


Agent Banking: Banks’ New Venture


Looking at the banners and posters posted on the entrance of small shops, Internet cafes and beauty salons around Addis Abeba, one would learn that something new is happening. To the amazement of an observer, the adverti...


Tomato, Onion Prices Rise with Flooded Fields


For Mulu Yihune, a resident in Addis Abeba, vegetables and fruits are necessary to raise a healthy family. The Lent season was, however, a challenge in terms of the prices of these foods. “The price of vegetable usu...


Official Standards Prescribed for Traditional Medicine Industry


Afework Getahun, Meri Geta, has been a traditional medicine practitioner for a decade now. Back when he was a novice to the business, he used to have an average of 30 visitors a day, willing to pay him up to 150Br. H...


Building Collapse Cements Quality Concerns


In the early hours of Wednesday, April 27, a five-storey building collapsed in the Bole district, in an area commonly known as Summit. Fortunately, its construction had not yet been completed and only the ground floor an...


Baking a Living


Two years ago, Sofia Benger was a stay-at-home mum, taking care of her four children and socialising with friends at an array of ceremonies. When her neighbours planned to go visit a mother who had just given birth, atte...


Advertisement Industry Thrives, with Hiccups


The walls of his office adorned with pictures, certificates and awards along with the half a century old autograph, tell a brief story of the industry. Anbessa Advertising in the age old Philips Building on Chad Street,...


Commercial Farms’ Domino Effect on Banks


For a commercial farm investor, who by profession is an agricultural economist, putting his money and energy into commercial farming demonstrates keen interest. Not only was he born into a family of farmers who have been...


New Face of Markets


When Hailu first started making commercial injera 13 years ago, it was practically taboo. In fact, four months later when Mamma Fresh Injera was unable to cope with demand, they were too afraid to ask for a bank loan.


Watch Out!


On the morning of every July 31, residents, shoppers and shopkeepers around 18 Mazoria in Kolfe district come together to light candles in memory of those who lost their lives in a horrific accident that occurred on that...


Editorial

To the shock of many people a building around Summit in the Bole Distri...


Agenda

Road maintenance in Addis Abeba has been a bone of contention between c...


Fineline

The manner in which the current leadership of the O...


Commentary

The concept of climate insurance is not new in developed countries, but...


Viewpoint

Exactly 26 years ago a close relative of mine died from kidney failure.


Opinion

For the Europeans, the late 19th century was a great period of industri...


View From Arada

The recent passing of Professor Richard Pankhurst has been the news aro...


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