After finish, bombs shatter Boston Marathon
Rita Jeptoo of Kenya and Lelisa Desisa of Ethiopia pose with a trophy at the finish line after winning the...
Day: April 16, 2013
Athletics world appalled by Boston Outrage
Lamine Diack The International Association of Athletics Associations (IAAF), along with the worldwide athletics community, is shocked and appalled by...
New entities to boost the tourism sector
Addis Ababa, Ethiopia - Three new entities, Tourism Transformation Agency (TTA), Tourism Council and Tourism Board, will be established with the...
Terror at Boston Marathon: 3 dead, 154 wounded as witnesses describe horror
Deadly attack at Boston Marathon (Photo: CNN.com) (CNN) -- Investigators are pleading for help in hunting down those responsible for a...
NBE Orders Insurance Companies to Raise Paid Up Capital Ten Fold
National Bank of Ethiopia (NBE) Central bank of Ethiopia issues a trio of directives to regulate insurance sector. Addis Ababa,...
Shares of United Bank sold above Par Value
Berhanu Getaneh, President of United Bank (Photo: AddisFortune.net) New central bank directive on banks’ paid-up capital has inspired numerous share...
United Insurance Picks Zamra for the Construction of its HQ Structure
Expected to take 18 months, structural construction will cost 140 million birr. Addis Ababa, Ethiopia - United Insurance Company SC (UNIC)...
Federal Court Country Club Ruling Favours Homebuyers
Country Club Developers Homes - CCD (Photo: AddisFortune.net) With an increasing number of real estate firms being taken to court,...
Earnings from Tourism expected to reach $3 Billion by end of GTP
“Government to resolve tourism barriers†Addis Ababa, Ethiopia - The highly anticipated Ethiopian Public Private Consultative Forum (EPPCF) on the...