Why Did the Prime Minister Focus On Releasing Prisoners?

Photo: Pixabay (File photo). By Solomon Dibaba The release of thousands of prisoners of all kinds by the government over a couple of months back was not a mere decision made at a snapshot. The Executive committee of the EPRDF had earlier discussed on numerous issues including the measures to be adopted in widening the[…]

UAE Reveals U.S.$3 Billion Aid, Investment Package

Photo: Addis Fortune Prime Minister Abiy Ahmed and Mohammad bin Zayed Al Nahyan. By Addisalem Mulat ADDIS ABABA –The United Arab Emirates pledged a total of 3billon USD aid and investments in Ethiopia as UAE Crown Prince Sheikh Mohamed Zayed arrived in Addis Ababa for official state visit on Friday. Upon conferring with Ethiopian Prime[…]

Min Litazez – Funny Yet Dead Serious

column By Christian Tesfaye (Christian.tesfaye@addisfortune.net) Is Fortune's Op-ED Editor Whose Interests Run Amok in the Directions of Both Print and Audiovisual Storytelling. The power of political satires to help us see officials as public servants and government as an end to the state, is often underestimated. The significance of having a much overdue debate on[…]

Ronali Hotel Sets to Expand With Half a Billion Birr

By Yonatan Belay The owners of the hotel also operate Empire Addis Hotel Addis Abeba is set to get another local brand hotel, Ronali, which comes with a total investment of half a billion Br. The Hotel, located in Bole District will house a total of 203 rooms. Currently, the hotel has completed 64 rooms,[…]

Companies Ally to Manufacture Aluminium Pipe

By Yonatan Belay The project will cost 380 million Br and rests on a 10,000sqm plot of land The first aluminium pipe factory in Ethiopia, a joint venture of Rifeng Ethiopia and Rifeng China, is set to be constructed in Debre Birhan, Amhara Regional State with a total investment of 380 million Br. To rest[…]

Keangnam Lands Partial Relief of Taxes for Reentry

By Fasika Tadesse Keangnam Enterprise Limited, a Korean construction firm that had requested the government to be relieved of 75.6 million Br of unpaid taxes has finally agreed to pay the due amount in instalment payments. The company, which pulled out of Ethiopia in 2016 after operating for two decades due to bankruptcy, is trying[…]

Media Should Rise to the Occasion of a New Era

column By Belay Aberabelay Abera Is a Public Health Professional and Researcher. He Could Be Reached At Belayab2020@gmail.com. In a democracy, the media can serve as an independent observer of government and society. Without it, citizens would remain uninformed about policies and government officials’ exercise of power. However, journalists are still jailed, and press freedoms[…]

Why Ethiopia’s Social Safety Net Would Become Model for Others

By Girmachew Gashaw Ethiopia’s Productive Safety Net Program (PSNP) which lifted out many out of poverty is a model to be replicated by other African countries, according to the World Bank and stakeholders. Established in 2005, the government has been effectively implementing PSNP in rural part of Ethiopia, benefiting a large number of citizens. Likewise,[…]

Regionalized Perspectives in Dealing With Nile Basin Crucial – Experts

By Haftu Gebrezgabiher ADDIS ABABA – Poor management of resources is the major cause of African backwardness, regional water resources experts stressed while calling for regionalized perspectives in the utilization of Nile basin water resource. In an exclusive interview with The Ethiopian Herald recently, Kajibu Enock, Ugandan national specialized in Water Resources Engineering and Drainage[…]