BALE UNDER PRESSURE


Bale Mountains National Park, established in 1970 under the Dergue regime, is located 400km southeast of Addis Ababa. The park is endowed with spectacular natural resources of glacial lakes, juniper forests, rivers, open plateaus, mountain peaks and endemic species of plants and animals. Since its establishment, there has been continuous encroachment by human settlers that has negatively impacted the natural resources of the Park, writes KALEAB GIRMA, FORTUNE STAFF WRITER.


Betty G – Engages Positively

Fortune: How scared were you to cut the sides of your hair? It was a clean cut, and it was scary. Whenever you want to try a new style it…


X-Mass Gift Packages, New Tradition

Holiday gift packages of Western European traditions are being marketed by bakeries, supermarkets and wineries in the capital. Customers purchase these items as part of their holiday preparations for the Ethiopian Christmas. The packages, typically containing gingerbreads, candies, chocolates, biscuits and wines are used by companies as employee rewards and as family gifts by individuals. Some local package offerings have ventured into non-traditional school supplies and cosmetics, write MIHRET G. KIRISTOS, FORTUNE STAFF WRITER.


Ethiopian Christmas Hockey, Ye’Gena Chewata, Still Alive

The traditional Ethiopian Christmas game, Ye’gena Chewata, is not as popular as it used to be during the imperial times when lavish ceremonies and rewards greeted players. The games are still played annually, albeit with less fanfare, with a championship game planned this year for Sunday, January 6, 2019, at the Ethiopian Youth Sports Academy. The game is similar to hockey, with players trying to score goals kicking a  leather puck with a wooden club across a playing field, writes NOEL MINWAGAW, FORTUNE STAFF WRITER and PHOTO BY MARCO NEGRETE.


Teff Company Enters Global Markets, Wins Awards

Yonas Admassu, who hails from the lowland teff farms of Gojam, ventured into the food market by happenstance. He has now taken to packaging and selling teff products in the United Kingdom, under his own company, Lovegrass Ethiopia. His products of teff-based pasta, flours, cereals and pancake mixes are found on the shelves of prestigious supermarkets in London and have won prominent awards in the highly regulated and competitive European food sector, writes BERHANE HAILEMARIAM, FORTUNE STAFF WRITER.


X-mas Expos Break Mold with New Trends

Price escalations of holiday shopping events at Millenium Hall and the Addis Abeba Exhibition Center affect organizers, exhibitors and visitors. Some vendors are threatening to pull out as they face disappointing sales figures. Some visitors enjoy the variety of product choices they find if not the discounts they expected. Exhibition organizers have added extra features including swimming pools, playgrounds and popular amusement park themes, writes BERHANE HAILEMARIAM, FORTUNE STAFF WRITER.


Jerseys in High Demand, Low in Supply

The Ethiopian football premier leagues are stumbling over a lucrative source of income in sport paraphernalia. Sports merchandising, an old source of revenue for established leagues in Europe and the United States, has eluded St. George, Buna (Coffee) and Fasil Kenema, popular local football clubs. The clubs, overcome by poor internal organisation and lack of planning are unable to take advantage of the opportunity and fail to meet the high demands for jerseys, wristbands, scarves, flags and other items bearing their colours and logos. writes NOEL MINWAGAW, FORTUNE STAFF WRITER.


Motivational Speech Movement on Rise

Motivational lectures are common across the globe and are mostly favoured by aspiring professionals who seek to advance their careers and enhance their personal lives. In Addis Abeba, a number of motivational lectures are offered in ballrooms, rented spaces and even at the National Theatre. Some attendees have turned devotees, participating regularly and paying hundreds or even thousands of Birr for the lecture series, writes TEMESGEN MULUGETA, FORTUNE STAFF WRITER.


Without Regulations, Businesses Blossom in Drone Technology

The unregulated business of drone technology has blossomed in Ethiopia, particularly in the capital. Drones, unmanned aerial vehicle systems, with mounted cameras, have become popular features of film, video, photography and television productions; recording of public events, rallies and private events like weddings; documenting landscapes and cityscapes; and as weapons in the war in Yemen, writes GENET ASSMAMAW FORTUNE STAFF WRITER.


Regulations Guard the Door for Potential Middle Eastern Workers

The government lifted a travel ban on domestic workers seeking employment to Middle Eastern countries. The 2013 ban cited incidences of injuries, exploitation and illegal migration as reasons for the action. In lifting the ban, the government imposed new rules that require workers to undergo training and medical checkups, procedures for employment agencies and established labour attachés at its embassies. BERHANE HAILEMARIAM, FORTUNE STAFF WRITER.


African Made, for Africa and Beyond

The African Investment Forum, held earlier this month in Johannesburg, South Africa, brought together prospective investors and project owners in Africa. Organised by Eastern & Southern African Trade & Development Bank and the African Development Bank, the forum was designed to match capital with projects. Although Ethiopia’s share was tiny, it spectacularly succeeded with 42 investment deals worth 32 billion dollars completed, writes TAMRAT G. GIORGIS, FORTUNE STAFF WRITER.  


Season of Dreams, Profits

The American Diversity Visa lottery, known by its popular acronym DV, is a much anticipated affair by thousands of Ethiopians who dream of migrating and making their fortune in the United States. In a country with limited internet access, internet cafés provide a venue to help applicants submit their electronic documents, and at the same time increasing their revenue, WRITES MHRET GEBREKRISTOS.


Despite Murky Picture, Bitcoin Hatches

Bitcoin, a cryptocurrency created in 2009, has grown popular and received wide use these days. The coins are created by a process called mining, a very expensive computerized operation. Bitcoin networks and clubs have reached Ethiopia, too, and people are investing in these companies. However, the companies are set up under murky business models in which the main source of income is commission payments, what experts describe as pyramid schemes, instead of mining the Bitcoins, writes KALEAB GIRMA, FORTUNE STAFF WRITER.


Quarries Extract Environmental Costs

The demand for quarry material like dimensional rocks, riprap, aggregates and other products to supply the construction of infrastructure projects, building sites and industry is growing rapidly in the capital. Quarry sites located in the outskirts and suburbs of Addis Abeba are feeding the demand for the material at the high cost of environmental degradation and socio-economic costs, writes DAWIT ASTATIKE, FORTUNE STAFF WRITER.


Mosaic Animates City

The mosaic art form is mushrooming into cottage industry in the capital, mainly driven by graduates of Alle School of Fine Arts & Design of Addis Abeba University. Mosaics are created using imported ceramics broken into different sizes and shapes and then placed on patterns and designs as part of decorative items on public buildings and private homes , reports BERHANE HAILEMARIAM, FORTUNE STAFF WRITER.


Modern Bamboo Industry Burgeons Despite Sector Frailty

A thriving bamboo business that manufactures modern home furnishings like chairs, sofas, tables and other products has mushroomed in Addis Abeba. Ethiopia, endowed with natural bamboo forests, is a leading country in Africa in the resource. Sustainable management of natural bamboo, modernization of the manufacturing processes and value additions along the supply chain are recommended by researchers. MADEBO GIRMA, FORTUNE STAFF WRITER.


In the Absence of Founding Fathers

When Hawassa, capital of a Southern regional state, hosted the 11th congress of the ruling EPRDF last week for the third time in the post-Dergue era, none of its 20…


Digitally Ethiopian

Technology startups by Ethiopians are operating at various digital frontiers. Adapting local themes, figures, narratives and images these software companies are changing the digital platform of storytelling, drawing enthusiasts and eying generating revenues and profits. The art form with Ethiocentric themes have been picked up by companies as logos, comic books, games played on smartphone and movies, reports KALEAB GIRMA, FORTUNE STAFF WRITER.


Political Situation Weaves Publishing Business Godsend

The ascendancy of Prime Minister Abiy (PhD) and the liberalization of the political landscape has propelled a seasonal trend in publishing industry to the stratosphere. Book vendors and publishers are reporting increases in the number of books that are reaching the market. The double taxation on pulp and paper products, however, is considered a barrier in the industry. DAWIT ASTATIKA, FORTUNE STAFF WRITER.


Tourism Endeavours to Stay Afloat

Although there have been improvements, the Ethiopian tourism industry has seen declines in revenues and tourist numbers over the last two or three years Thies follows political unrest and the declaration of a state of emergency by the government. The new administration under Abiy has reshuffled heads of boards and tourism institutions in an effort to revitalize the industry, and efforts are underway to promote tourism in Ethiopia, writes TSION WUDMATAS, FORTUNE STAFF WRITER.


Mob Attack in Burayu Displaces, Injures Many

Several thousand people were forced out of their homes by violence in Burayu town, Oromia Regional State, and are sheltering in the capital.The incident took place when a marauding mob, returning from a massive rally in the capital, attacked residents, killing more than two dozen and wounding hundreds, writes DAWIT ASTATIKE , FORTUNE STAFF WRITER.


Rophnan: Roots with Rare Genre

Rophnan Nuri, Rophy, was only 16 when he started producing music, literally six years after his first performance before his classmates. The ninth child of a family of 10, he…


WHERE TO GO

Ethiopian New Year Events NEXUS HOTEL Where:Nexus Hotel, eighth floor When:September 10, 2018 at 6:00pm Organizer:Nexus Hotel Artist/Performer:DJ Willy Entrance Fee:free Nexus Hotel has 151 guest rooms and suites. In…


Processed Meat, Pre-prepared Traditional Dishes Grace Holiday Tables

Businesses that freshly process meat and poultry have sprung up across the city. Slaughterhouses that kill, de-feather, gut and cut up chickens fill the demand of busy customers unable to perform these traditional tasks at home because of limited space and other inconveniences. The old ways of preparing traditional dishes are giving way to businesses that cater to conveniences but may still pose potential health hazards to the public, reports  HIKMA AHMED, FORTUNE STAFF WRITER.


Event, Party Planners Pick Up Steam

Party planners for birthdays, weddings and other occasions are enjoying a boom in business as parents and busy professionals hire them to do their planning.  As disposal incomes increase of Ethiopian families increased in the last few years, birthday party planners are flourishing by supplying party decors, toys, bouncing castles and by painting the faces of partygoers and charging thousands of Birr for their services writes DAWIT ASTATKE,FORTUNE STAFF WRITER.




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