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...


All That Garbage – Disgruntled Collectors Leave City on Edge


Addis Abeba had its name derived from the Amharic phrase Addis Abeba, literally meaning ‘New Flower’. But this proved a paradox when Forbes magazine released a ‘standard of living’ index worked out by Mercer Llc,...


Dangerous ‘Red Terror’ Still in Demand


On a Thursday afternoon less than ten days ago, a truck was speeding along the quiet back roads that lead west from Ayat. As it made a right turn at the Summit bottling plant, the driver lost control and hit the concrete...


Hospitality Withstands Crisis’ Punch


British citizen, Richard Graham (PhD, OBE), is lounging in the lobby of a hotel along with a few of his newly made friends. He is relaxing after a long day of training at the hotel situated in a town barely half an hour...


POINTS TAKEN, ROAD SAFETY YET TO COME


“The new policy, point system implementation was sprung on us” Kuru Tessema, president of Walta Taxi Drivers Association told Fortune on Thursday, three days after majority of the mini-bus drivers in the city withdre...


Beer Distribution’s Competitive Edge


"It is not like the old time," said Mekdes Zerabza, manager of Waakan Hotel while describing how breweries are performing now in terms of distributing their products. Her hotel, established two years ago, is one of the b...


Red Light on Benzine Gauges, Fuel Prices Down


Mekbeb Estifanos and Ashenafi Kebede passed six gas stations as they drove from Kality to Bole, before finding one at which they could fill their Volkswagen. Gas stations owned by OiLibya, National Oil Company (NOC),...


Staggering Food Aid Bleeds Businesses


For Assefa Edris, a truck driver along the Ethio-Djibouti road, his engagement in the drought response disbursement has been a serious point of frustration, unlike any in his 12 years of experience. He finds that the urg...


That Illusive US Investment


In the wake of the African Union Summit, Addis Abeba was busy yet again hosting another conference. But instead of political emissaries, this assembly was full of business delegates. The Corporate Council on Africa (C...


Access’ Drama Continues


The cracks in his voice resonate with the deep emotional pressure he tries to communicate. “My daughter got divorced because of Access,” Deboch Belay said. Won over by Access Real Estate’s impressive sales pitch...


Coordinating Wedding Bells


As Christmas decorations are slowly being brought down, weekends in Addis are taking on their traditional seasonal look. Persistent car horns are heard on the streets and anyone who cares to look for the source of the co...


Afar, Wello – Land of Extremes with Shared Concerns


On the morning of Monday January 11, 2016, Semera, the capital of the mainly pastoralist and arid Afar Regional State, had fair weather, a stark contrast to the usual heat and, especially, the ongoing drought, which is a...


Paradox of the Cattle Market


On January 06, 2015, a day before Christmas, the 60-year old cattle market centre at Kera was full of stock from all over the country - Addis Abeba as well as Oromia, Amhara, Benshangul Gumuz and Southern Nations, Nation...


Christmas Trees Full Circle


The city is starting to feel like Christmas. The deep forest greens of Christmas trees, and the reds and golds typical to the season are becoming visible. As the date of the holiday approaches, more and more businesses a...


Editorial

Last week Diriba Kuma, mayor of Addis Abeba, was in attendance for the...


Agenda

Despite widespread concerns over foreign exchange crunch in the economy...


Fineline

There could perhaps be no political party in the wo...


Commentary

With recent events in the country such as mild earthquakes, the need to...


Viewpoint

Though Ethiopia is the first African country to make modern laws, inclu...


Opinion

In the 16th Century, Polish astronomer Nicolaus Copernicus published a...


View From Arada

A mountain of garbage that had accumulated in "koshe" gave way to a lan...


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