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News

News In Brief

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All the Brief News Articles from various papers
 

Entertainment News

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Find out about all the Entertainment news From Addis Fortune
 

News Archive

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Get all the Previous Volums of the News paper
 

OPAL-Mines Ministry eyes potential of gemstones

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Although the site for opal, a semiprecious stone, in the Menz Gishe District of North Shewa Zone, 140km northwest of Addis Abeba, was discovered in 1978, its market in Ethiopia boomed only after 20...
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Agro Ministry Calls Meeting in Alarm over Excess Cotton

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Alarmed by a surplus in cotton production that is yet to be used by the nation’s yarn industry, officials at the Ministry of Agriculture (MoA) are to call a meeting with managers of ginneries, te...
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First Ethiopian Print Cartridge Assembler to Build Factory

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Premium Print Plc, the first ever printer toner cartridge assembler in Ethiopia, is to build a factory with the capacity to produce 40,000 toner cartridges, annually.
 

Determined Leikun out on Bail, Still Fighting Conviction

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Once again, Leikun Brehanu, 65, former president of Awash International Bank (AIB), is out of jail against a 50,000 Br bond, approved by the Cassation Bench of the Federal Supreme Court. Justices a...
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Bole One of First Airports in Africa with the ICAO Cert

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Ethiopian Airports Enterprise (EAE) got the International Civil Aviation Organisation (ICAO) certification for Bole International Airport two weeks ago.
 

Enat Bank Nominates Brutawit Dawit for Top Slot

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Enat Bank may, at last, have come up with the woman whom the central bank can approve as its president in the person of Brutawit Dawit, a veteran in Ethiopia’s private banking industry.
 

Authority to Completely Quench Addis Abeba’s Thirst

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Residents of Addis Abeba will soon have full water provision coverage, provided that a new project to add 20 additional wells to the recently inaugurated groundwater project is a success.
 

As Sudans Broil over Oil, Ethiopia Keen to Broker Deal

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Negotiators from Sudan and South Sudan appear to have a liking to camp at the Sheraton Addis and get hosted in Addis Abeba. They have had six rounds of talk over the past six months, hardly drawing...
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Laid off Employees to Complain to Ex-bosses

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Laid off employees of the Agency for Government Houses (AGH) will meet with their bosses tomorrow, Monday, April 9, 2012, to complain about what they say was an unfair dismissal.
 

Girmay of Askallukan Promises to Pay Back Accusers If Aquitted

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The hearing of the fraud charge on Girmay Gebremichael, deputy manager of Askallukan Trading Plc at the Federal High Court 16th Criminal Bench has been adjourned to May 3 after the court heard four...
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Berhan Bank to Introduce Internet Banking

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Berhan International Bank SC has hired Ernst & Young (E&Y) to undertake an IT security audit, which will enable the Bank to launch Internet banking.
 

Flintstone to Build Furnished Shops for Light Manufacturing Firms

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Flintstone Engineering is to launch another innovative project, dubbed Flintstone Manufacturing, aimed at constructing and selling hundreds of small-scale industrial shops which are furnished with ...
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FRIENDS FOREVER?

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Prime Minister Meles Zenawi has become increasingly bold and assertive in his vilification of what he describes as “a bankrupt ideology” that “has impoverished our thinking and hindered our p...
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UN Iran Sanction Delays Ethiopia’s Electric Export

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Metal & Engineering Corporation (MetEC) is trying to ease its burden in steering the nation’s drive to an industrial economy by subcontracting various projects to domestic construction firms, alt...
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Longing for Road Brings Tirunesh Back to Game

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Ethiopian distance running star Tirunesh Dibaba has endured three years of stops and starts in her running career after multiple injuries since returning from her honeymoon early in 2009. But the 2...
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Derba Cement to Slash Price by Further 10pc

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The management of Ethiopian Airlines acknowledged, last week, that the national carrier is under pressure due to a surge in the price of oil on the global market, which almost doubled its fuel expe...
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Atkilt Terra Coming to Saris

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Nearly five dozen Atkilt Terra traders are moving to Nefas Silk Lafto District, with their own market, near Kadisco Paint Factory on Debre Zeit Road, expected to open doors as of Monday, April 2, 2...
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ERCA Cuts Capital Requirement for Tracking Device Supply to 5mln Br

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Andreas Eshete, former Addis Abeba University president and advisor to Prime Minister Meles Zenawi, and former Nigerian president Olusegun Obasanjo, are organizing an international security forum t...
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