Holes, Poles, Lines


A dangerous hole that has been dug and left exposed along Sierra Leone Street, a.k.a Debreziet Road, is forcing pedestrians to tiptoe around it lest they fall in. The hole…


Electricity Export Generates $81.6m

Ethiopia’s electricity export to Sudan and Djibouti has generated 81.6 million dollars in the recently concluded fiscal year. The Ministry of Water, Irrigation & Electricity planned to sell 1.5 billion…


Parliament Gives Amnesty to Political Dissidents

Parliament has legislated the amnesty proclamation with one objection and one vote abstaining. The proclamation gives amnesty to accused, implicated, charged or sentenced dissidents and allows them to return to…


Saudi Arabia, India Extend Hand to Displaced Ethiopians

Saudi Arabia and India have pledged rice, dates, textbooks and medicine to the one million Ethiopians displaced by inter-regional disputes in Gedeo and West Guji zones. Through King Salman Center…


Merkato Gets Two Parking Lots

Merkato, the largest open market in the city, gets two parking lots at Anwar Mosque constructed for 40.5 million Br. One of the two parking systems is smart parking, while…


Banks’ Reserve Reaches 688b Br

The National Bank of Ethiopia (NBE) announced the reserves of banks in Ethiopia reached a combined 688 billion Br in the first nine months of the recently ended fiscal year.…


Industry Creates Jobs, Generates Revenues

The Ethiopian Metal Industry Development Institute reported that industry has created 16,405 jobs under the small- and medium-scale enterprises sector in the just-ended budget year. Over 2.2 million tonnes of…


Local Firm Invests 140m Br in Flower Farm in Bahir Dar

Abyssinia Horti Plc plans to establish a floriculture farm for 140 million Br. The farm will sit on 100ha of land in Bahir Dar, capital of Amhara Regional State. Currently,…


Tena Oil Expands with 100m Br 

The asset managing company, 54 Capital, is expanding its edible oil company, investing 100 million Br. The new expansion enables the company to produce 50,000lt of sunflower oil a month.…


Creative Dance

The Destino Dance Company performs at the European Union-funded event, Bridging the Gap, held on July 12, 2018, at the Mosaic Hotel. The event focuses on “inclusive policies and services…


Recyclables

A man is standing in the river between Olympia Bole and Bambis searching for items that can be reused or recycled. As the river flows, the man reaches in pulling…


Dishes for Sale

With the excitement of the World Cup that is being held in Russia, this satellite salesperson around Haya Hulet, in front of Golagolle building, has decided to display his product…


Export Keeps Underperforming

Export keeps missing the target during the past 11 months of the just-ended fiscal year. During this period the country generated only 2.5 billion dollars in revenue from export, which…


Red Cross Provides Relief to the Displaced

International Committee of the Red Cross (ICRC) and Ethiopia Red Cross Society are going to start providing relief to 100,000 people displaced in Kochere district, Gedeo zone due to the…


City’s Gets 29.7b Br from Tax

Addis Abeba Revenue & Customs Authority collected 29.7 billion Br tax revenue in the first 11 months of the last fiscal year. The authority planned to collect 35.5 billion Br,…


Chemical, Construction Input Export Generate $28.2m

Chemical & Construction Input Industry Development Institute has generated 28.2 million dollars from exports. It is 45pc of its target for the year. Compared to the previous year, it has…


Editorial

The honeymoon appears to have come to an end. Members of the public are...


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

I love and respect Prime Minister Abiy Ahmed (PhD). I want him to succ...


Opinion

Back in the middle of June, when all the jubilation and hope was in ful...


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...





 
 



//