YEAR IN REVIEW – 2017/18


New Body Ascends to Streamline Corporate Fund The Ethiopian Chamber of Commerce & Sectoral Associations formed an exclusive body to handle corporate funds and channel donations from the private sector.…


Competing Narratives of Political Uncertainty

General Take and Competing Narratives The nature of the challenge the EPRDF government has faced in recent months, relating to the country at large, is new – at least over…


Steel Bars Supply Drags for Several Months

The year 2015/16 was a fascinating one for those involved in the steel industry. It seems there was a cutthroat fight among two contradictory forces within the industry, which ended…


Real Estates Reside in Courts

Courts have been busy with outstanding cases between real estate companies and homebuyers – such as the cases against Ermias T. Amelga, charged with fraud against homebuyers. Other real estate…


Budget and Loans

Loans have escalated this year. The International Monetary Fund (IMF) estimated a growth of 7.4pc of GDP in 2015; yet, at the end 2015, their debt was estimated at 29pc…


Hawassa Industrial Park

Prime Minister Hailemariam Desalegn dubbed the Hawassa Industrial Park as “the defining instrument for achieving our industrialisation goals”. The federal government has earmarked close to 750 million dollars, obtained from…


Urban Land Lease Price in the Capital

This year, urban land leasing in the capital has repeated the ever escalating price trend in the 17- 21st rounds. In the last five rounds of auction this year, 26ha…


All Banks Now Using CORE Banking

The National Bank’s fierce year started as early as September, when, despite a strong push, rejected two Dashen Bank vice president candidates for being under qualified for the position. Then,…


Public Health and Procurement Challenges

Despite the success story of Ethiopia’s achievement in curbing malaria and meeting several Millennium Development Goals, the past year has seen many issues in the health sector. This ha included…


City Roads Authority Flattens Small Shops for Construction

Numerous container-like shops, commonly known as Arkebe souqs have, in the past  two months been demolished in six districts of Addis Abeba, to make way for either road construction or…


YEAR REVIEW

So much has happened in Ethiopia in the span of one year. It could be said that 2015 marked a sprint in time, with the ticker moving in different directions,…


Recipe for Africa’s Success

For years, African countries have been told that the road to industrialization is long and full of intractable obstacles, made even more difficult by the need for institutional capacity to…


Book Review: A Blind Alley

Arekebe Oqubay (PhD) should be congratulated for a job fairly well done in his book titled, Made in Africa: Industrial Policy in Ethiopia. Whatever the merits of the book, the fact that an insider of the EPRDF can write a book of this standard is quite a revelation on its own, writes a macro-economist whose name Fortune withheld upon request.


Concrete Competition for Cement Market Still Unmet

With the ongoing construction boom in the country, various high rise corporate headquarters, dissatisfaction over building heights and the complex process of obtaining construction permits were reported but none of…


Expanding the Road Network from 2007 to 2008

Travel by road is the best and least expensive way to experience a country. Road infrastructure is also critical to commerce and economic development, particularly for landlocked countries like Ethiopia…


Much More than Addis or 13 Months of Sunshine

Though Ethiopia was selected as the 2015 World Best Tourism Destination by the European Council on Tourism & Trade, for its contributions to the economy, the sector is nowhere near…


The Presidential Visit – News Beyond the News

It would be interesting to know what the people in remote corners of Ethiopia thought about the visit of President Barack Obama to Ethiopia, for how could they not have…


Rain, the Rains, the Right Rains at the Right Time

In Ethiopia, rainfall is never taken for granted because it is under-stood in precise relation to the food chain. Successful (or failed) harvesting of specific crops, depends on rainfall in…


A Nation Family in Mourning

Some first learned of the atrocity via social media. Others went online and saw images purported to be those of the gruesome massacre of Ethiopians in Libya by the Islamic…


Earth, Wind, Fire – Ethiopia Exploits Renewable Energy Resources

One of the strategies being used to blaze the trail to a Green Economy, is Ethiopia’s pace-setting strides in exploiting its various renewable energy resources, with interested development partners contributing…


Battle of the Beers

It is written that man shall not live by bread alone but bread and a beverage, well, that could be a pleasant meal for a hungry person; for lovers of…


The Overlapping Arms of Democracy

Two companies that are as familiar to Fortune as they are to the courthouse and to the Government are Access Real Estate and Holland Car Plc. Though these two do…


Tax Fraud by Foreign Companies in Ethiopia

This outgoing Ethiopian year presented scandals beyond belief and also hard news to Fortune readers related to court cases of tax fraud, acts of corruption, money laundering, engagement in areas…


Five Things You Should Know about Ethiopia’s Budget Bill before Parliament

It is the first in a decade to have a year-on-year increase of 25pc; No budget has ever seen a consolidated budgets deficit (52.1b Br) equivalent to this year’s; This…


Abadula Gemeda, Speaker of the Parliament

Abadula Gemeda, Speaker of the Parliament Powerful   What Happened:   Abadula Gemeda, speaker of the House of Peoples’ Representatives, was on the spotlight in the past year for the…




Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


Fineline

Who it is that midwifed the rapprochement between E...


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Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




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