Ethiopia, Eritrea On Positive-Sum Road


The last time he was here it was in 1996, two years before his troops advanced into what was then a disputed town, Bademe. The war caused a bloody two-year…


Nation Dreams Big to Lessen Lag in Tech

The appearance of Sophia, the first and only robot to receive legal personhood, during a five-day long ICT Expo held at Millennium Hall last week helped boost the number of participants. Beyond that, Sophia’s visit helped motivate and encourage young programmers believe in the nation’s ability to one day advance Artificial Intelligence(AI) and Blockchain Technology. Although there is still work to be done, some believe that innovations in software programming can help the low-income community, reports YARED TSEGAYE, FORTUNE STAFF WRITER.


World Cup Bears Seasonal Bonanza for Businesses

The once every four years event has finally arrived, hosted by Russia the World Cup has helped open business opportunities for sports bars, hotels, showrooms, pubs,and paid tv. Football Fanatics usually go to these viewing events together creating an atmosphere all about sharing experiences has also helped companies associate their brand with the excitement around the matches, reports, BEHAILU AYELE, FORTUNE STAFF WRITER.


Era of Popular Politics Heralds, In Tragedy

It was not a rally called by any political party, whether incumbent or the opposition. Not even a civic organisation was behind the demonstration held in Addis Abeba on Saturday,…


Austere Budget

Amidst a tough macroeconomic situation, the Ministry of Finance & Economic Cooperation (MoFEC) has allocated a 346.9 billion Br budget for the coming fiscal year, of which 68pc will be…


Ramadan Season Tests Restaurants` Gear

The type of living and increases in disposable incomes of urbanites has taken a toll on their free time. Sometimes all the adults in the family have to hold jobs. In addition to the quest for enjoyment, there is no time even to prepare food at home so it becomes a trend to find an alternative Iftar arrangement. Some restaurants in the Capital are replacing the traditional norm of the family gatherings at home for iftar, reports BERHANE HAILEMARIAM, FORTUNE STAFF WRITER.


High-end Coffee Houses on the Rise

Coffee houses can be found on almost every corner in Addis Abeba, with more high-end coffee houses joining the growing market. They provide high-quality coffee and a unique atmosphere that CATERS FOR well-off individuals, reports TARIKU GASHU, FORTUNE STAFF WRITER.


Music Studios Crescendo in the City

It has been five months since Habtu Abraha, in his late thirties, started a band at a music studio he owns close to Mesquel Flower Hotel, along Gabon Street. Having…


Children’s Literature Too Laborious for Authors

Even though there are writers dedicated to writing books for kids, even if there are exciting stories to be told to them, and even if parents desperately need to shape their children through stories, authors are finding the process of publishing too unbearable, reports EYUEL GETACHEW, FORTUNE STAFF WRITER.


Remittance Grapples with Parallel Market

A large population of Ethiopians live outside of the country and send currency to their friends and families. But with a higher exchange rate on the parallel market, those who look to exchange foreign currencies sent from outside the country look to the black market while those looking to purchase proceed to the banks, reports Berhane Hailemariam, FORTUNE STAFF WRITER.


Social Media Springs Up as Contemporary AD Platform

With a large number of individuals in Ethiopia using social media, local companies take advantage of using the cost-effective way of advertising on social media. Even with the instability of the internet a shift in the platform companies use to advertise is becoming more visible, reports Eyuel Getachew, FORTUNE STAFF WRITER


Pilgrims’ Flock to Jerusalem on the Rise

For past five decades, since the establishment of the Jerusalem Memorial Association, which took religious travellers to Israel, things have changed a lot. Pilgrimages to ‘the Promised Land’, Jerusalem, were considered to be trips made by the elderly and the rich. However, more recently, companies have started charging half of the previous fees, making the travel possible for many more people, reports,


Easter, Holiday of Big Drinks

With the preparation for the Easter holiday and the end of the longest fast, observed by those who follow the Orthodox and Catholic doctrines, the demand for liquor has increased. Traditionally a gift to take to someones’s house during the holidays, both the traditionally homemade and factory distilled liquors are a choice for celebrations, reports, Bethelhem Bahran, FORTUNE STAFF WRITER.


Cash Raffle Thrives Amid Strict Law

Cash raffles become more and more popular in the city, and as their numbers rise the National Lottery Administration has given a warning on the consequence of operating without a license, reports, Solomon Yimer FORTUNE STAFF WRITER.


Unrest Glances off Valentines Flower Business

February is among the peak times where the flower market hits high all over the world, as the Valentines day festivity was at the mid of the month. Ethiopian flower suppliers are among the beneficiaries of this market opportunity, which faces a pause last week. The harvesting of flowers was hardly happening in the farms, and the cut flowers were not able to be transported to the capital. Also, the decline in the demand of the local market and the almost non-supply of flowers disappointed retailers who talked with HAIMANOT ASHENAFI, FORTUNE STAFF WRITER.


Local Furniture Struggles to Keep Up with Imported Rivals

Before spending thousands on furniture, deciding upon a specific item when there are more choices than ever the task of choosing the one that ticks all the boxes becomes even more daunting. With the burgeoning retail market for furniture and large options, it finally comes down to choosing between locally produced or imported ones. The mindset of buyers that an imported item is better in quality and appearance has sidelined locally manufactured furniture, writes HAIMANOT ASHENAFI, FORTUNE STAFF WRITER.


Editorial

Our subscribers to the print edition are entitled to get a bonus in a f...


Agenda

The rapprochement between Ethiopia and  Eritrea has led to the signing...


Fineline

The Revolutionary Democrats concluded their council...


SUBSCRIPTION OFFERS

Commentary

The National Bank of Ethiopia needs to take measures to improve the red...


Viewpoint

Our subscribers to the print edition are entitled to get a bonus in a f...


Opinion

Our subscribers to the print edition are entitled to get a bonus in a f...


View From Arada

The rallies of the past weeks are healthy manifestations of citizens’...






Business Indicators



Editor's Pick
















SUBSCRIBE TO ADDISFORTUNE

MEMBERS' LOGIN

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT


ADVERTISEMENT

 

Verbatim, News Analyis, Lifestyle, Radar and...





 
 



//