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...


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...


Editorial

Last week saw a series of events where the political bigwigs from the f...


Agenda

The cement industry in Ethiopia, although still largely untapped, is se...


Fineline

It is unusual for a federal agency to get estranged...


Commentary

Recently, the National Bank of Ethiopia (NBE) had announced the mandato...


Viewpoint

Neglected Tropical Diseases (NTDs) disproportionately affect women and...


Opinion

Until very recently, Turkey was a proudly democratic Middle Eastern cou...


View From Arada

We often underestimate the importance of time managiment. Especially in...


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