Ethiopian Business Review

Back in high school, one of the things that I still remember clearly is a saying by a young African American girl which was posted on one of the school’s buildings:  “Go to college, continue your knowledge to be a person, smart, brave and true for if they can make penicillin out of moldy cheese, they surely can make something out of you.” Since childhood, families insist that their children have to go to college. It is a key to a successful life. Students will be in the dark without a college degree. So, people are encouraged to study, day in and day out.

In most countries around the world, including Ethiopia, a bachelor’s degree is widely regarded as a prerequisite for professional success. Individuals work around the clock to earn a degree, thinking that possessing a degree will help them grab their dream jobs. Employers also favor degree holders, believing that college graduates are more likely to work out well as employees.  But are these two beliefs accurate?

It is true that earning a college degree is a very crucial step, both personally and professionally. Considering the financial and socio – cultural benefits of higher education, it is not difficult to see how a degree can make a difference in someone’s personal life and career.   However,   the problem with college degrees is that they do not prove someone has skills. They simply show that an individual went to college and graduated. Thus, they have some knowledge, but not the necessarily skills.

In Ethiopia, there is academic inflation where more and more people are graduating from college. The excess of college degrees makes it tougher for graduates to find a job. There are a lot of graduates engaged in labor intensive jobs. It is only a matter of time until it will be a requirement to have a bachelor’s degree and a license to work as a truck driver or to take on a lawn mowing job.

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Information and communication technologies (ICTs) are among the main enabling tools of modern civilization. These days, it is an integral part of our lives. The global economy needs ICT infrastructure for its activities such as the facilitation of trade and commerce. In addition to that, human welfare and poverty eradication programmes need proper ICT to enable humanitarian efforts. In this article, I present the importance of ICT restructuring in Ethiopia by first analysing the current state of ICT in Ethiopia and then suggesting the kind of restructuring it needs. 

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Several European cities left by industries and who has accumulated ‘obsolete’ built environment, which is human-made surroundings that provide the setting for human activity, ranging in scale from buildings to parks. Among such cities Barcelona, Glasgow and Bilbao have become models of a tourist magnet city by adopting urban regeneration strategies. Consequently, more and more cities have begun to invest in building hospitality facilities, cultural and convention centres as well as museums, landmarks, entertainment and sports facilities in order to attract tourists and to please ‘the tourist gaze’. This can be called tourism-led urban regeneration.

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