Ministry Seizes Millions in Goods


The Ministry of Revenues seized containers filled with clothes, medicine, electronics and motorbikes valued at 15 million Br destined to be smuggled into the country. Additionally, the Ministry found over…


WATER BOTTLE SHADE

This eatery in the town of Assela, in the Oromia Regional State, has come up with a creative way of decorating the exterior as well as providing customers with shade.…


‘BUY ETHIOPIAN’

Fetlework G.Egziabher (centre), Trade & Industry minister, and Melaku Ezezew, president of the Ethiopia Chamber of Commerce & Sectoral Association (ECCSA), attended the opening ceremony of the Association’s 11th trade…


REGIONAL CARRIAGE SERVICE

It is not just vehicles and airplanes transporting people between Ethiopia and Eritrea, two nations whose relations have warmed in the past few months. It is also horse-drawn carriages such…


Zemen Complies with Card Payment

Zemen Bank has obtained certification from the global payment card industry data security compliance. The system enables the Bank to process card payment systems. The cards includes debit, credit and…


Police Begin Pulling Over Code-3 Taxi Providers

Police have started citing code-3 vehicles that offer taxi services beginning last week. The measure comes shortly after the city Transport Authority’s decision to prohibit the use of code-3 vehicles…


Lufthansa Kicks off Addis to Frankfurt Flight

Lufthansa, the German airline, inaugurated weekly non-stop flights between Addis Abeba and the German city of Frankfurt on Monday, October 29, 2018. Prior to this change, the flight from Addis…


Turkey Eyes Ethiopia for Industrial Park

Turkey plans to build an industrial park estimated to cost 750 million euros in Tigray Regional State. It is expected to be situated on 500ha in the town of Ade…


Authority Prohibits Impotency Drugs

Food & Drug Authority (FDA) prohibited the sale of sildenafil citrate, tablets known by the trade name Vega, without a physician’s prescription. The drugs are used to treat male impotence,…


Export Generates $628m in First Quarter

Ethiopia earned 628 million dollars from the export of goods in the first quarter of this fiscal year. Out of 123 countries Ethiopia exports to, Somalia was the number one…


Nation to Increase Electricity Tariffs

The Ethiopian Electric Utility announced new electricity tariffs for its residential customers. The tariff increase will be implemented in four different phases to ease the burden on customers. The phases…


Nation Records Single-Digit GDP Growth

The Planning & Development Commission has reported that the nation recorded one of the lowest growth rates over the past decade last fiscal year, 7.7pc. This is in contrast to…


MODEL HOUSE

A little boy in Bekoji wereda in Oromia Regional State’s Arsi Zone spends the day looking after his family’s sheep. As a side hobby, he also builds small amateur models…


TALL AND HEAVY

Addis Abeba, being one of the city’s where construction is booming, has its fair share of heavy trucks snaking their way along the streets. This Isuzu is carrying goods as…


‘NORDIC SOLUTIONS’

The embassies of Sweden and Norway held a business seminar dubbed “Nordic Solutions for Business Development” at Sheraton Addis on October 24, 2018. Nordic companies’ experiences in Ethiopia, the importance…


Authority Digitizes Cargo Handling System

The Ethiopian Maritime Affairs Authority has launched software that digitises its cargo handling system. The country’s logistics service has had many challenges due to the manual system, according to Mekonnen…




Editorial

An expected consequence of the growing rift between the constituent par...


Agenda

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


Fineline

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


SUBSCRIPTION OFFERS

Commentary

As tobacco companies reap the benefits of weak tobacco controls across...


Viewpoint

If some people came to us with something ambitious we feel is next to i...


Opinion

The procedure followed to increase rents for commercial units managed b...


View From Arada

Ethiopians, like their government, are in overdrive, juggling between j...




Business Indicators



ADVERTISEMENT


Editor's Pick
















SUBSCRIBE TO ADDISFORTUNE

MEMBERS' LOGIN

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT


ADVERTISEMENT







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






//