Ethiopian Business Review

Towering Food Inflation

Thursday, 17 May 2018 06:00 Published in Investment

What goes up doesn't always come down

Since August 2017, the general year-on-year inflation has ballooned, exacerbated by a devaluation that came into the picture last October. In similar manner, food inflation has been severe and reached 19.9 Pct last month. The rapid rise of food price, on the other hand, highly affects urban wage earners living on limited and fixed incomes. EBR’s Samson Berhane investigates the issues behind it. 

Living Legacies

Thursday, 17 May 2018 00:00 Published in Art & Life

Redevelopment activities damaging historical heritages in Addis Ababa

The rapid redevelopment undertakings of the city of Addis Ababa have caused many to question the steps being taken to preserve cultural heritage sites. The recent demolition of Ras Abebe Aregai’s residences near Adwa Bridge and many others heritages wiped out from the city’s new map are only some of the demonstration for the extent of damage.  EBR’s Menna Asrat investigates how the city administration plans to preserve Addis Ababa’s architectural and historical stories.

Awol Abdurahim

Wednesday, 16 May 2018 15:00 Published in Sport Biz

Dedebits Successful President Aspires EFF Leadership

The story of football in Ethiopia has had many twists and turns. Many people have passed through and left their mark on the sport, including some like Awol Abdurehim (Col.). After establishing and successfully managing Dedebit Football Club, he is now one of the candidates for the leadership of the Ethiopian Football Federation (EFF). The embattled organisation has postponed the election six times since October 2017. EBR’s Abiy Wendifraw explores the career of the sporting giant.

"there is no urgency to change the incentive policy"

Wednesday, 16 May 2018 15:00 Published in Interview

Ethiopia offers financial incentives such as tax reductions and holidays, as well as custom duty exemptions to companies engaged especially in manufacturing activities. But incentives are given and monitored in a scattered and uncoordinated manner. To address the issue, the Ethiopian Revenues and Customs Authority (ERCA) is currently establishing a directorate that will follow up and monitor the proper use of incentives, which have been exposed to abuse. EBR’s Ashenafi Endale sat down with Mulugeta Beyene, director of the newly established Manufacturers and Duty Free Support Directorate at ERCA to learn more about the government’s plans to enforce proper usage of incentives. 

Fighting Malaria

Wednesday, 16 May 2018 12:00 Published in Society

Can Ethiopia Eradicate Malaria By 2030?

Malaria has been a long reaching challenge for Ethiopia. The state of Afar is one of the areas affected by malaria. About 28Pct of the population of Afar is currently infected with a mosquito-borne infectious disease. To avert the situation, a campaign launched by USAID has been streamlining the distribution of bed nets to at-risk areas including Afar. Other campaigns have also been putting a dent in the prevalence and spread of malaria in the country. However, the fight against the disease is still far from over, as EBR’s Ashenafi Endale reports. 

Fund leaves youths thirsty

Wednesday, 16 May 2018 12:00 Published in Investment

Is the youth fund a viable solution to tackle unemployment?

Youth unemployment has been a pressing issue for the government of Ethiopia for a long time, but at no other time has it become such an issue of national concern. The glut of graduates from rapidly spreading higher education institutions, coupled with the lack of jobs in both rural and urban areas has contributed to the rising political instability in all regions, leading to injury, property destruction and even death. To try and address the problem, the President of Ethiopia, Mulatu Teshome, (PhD) announced an ETB 10 billion revolving youth fund to help youths create their own opportunities. However, the administration and disbursement of the fund has not been as expected in Addis. EBR’s Samson Berhane looks at the reasons behind the underperformance.

Up in the Air

Wednesday, 16 May 2018 12:00 Published in Focus

The growing use of drones in Ethiopia

The growing use of drones in cinematography is helping to increase the quality of Ethiopian-made films and music videos. However, the laws that govern the import and usage of drones are vague, with many people not aware of the agency that is responsible for regulating them. Many people have even been forced to return the drones they bring in from foreign countries. This has led to smuggled drones becoming the most available on the market. EBR’s Ashenafi Endale looks into the effects that unclear regulations and strict follow up by security forces have on those who work with drones.

Ethiopian Traditional fabrics hang by a thread

Wednesday, 16 May 2018 09:00 Published in Focus

From traditional small producers who sell their products in shops in Shiro Meda to international fashion designers, the traditions and patterns associated with Ethiopian traditional garments are making their mark all over the world. However, between fluctuating foreign exchange rates, and the unstable cotton market, some producers and sellers are finding themselves crowded out of the market. The age-old techniques of weaving traditional clothing are competing with modern machine woven textiles, cheaper imported fabrics, and a shrinking number of people willing to learn the craft.  EBR’s Menna Asrat reports.

Born in Aksum, in the state of Tigray, Selome grew up with parents who were both teachers. This contributed to her outspoken and outgoing personality. After completing her primary and secondary education in Addis Ababa, she went to Addis Ababa University during the Dergue regime. But she didn’t finish her studies. Instead, she went to Eastern Europe and enrolled at the University of Belorussia, in the then-Soviet Union. After her third year, Selome dropped out and went first to West Germany, and then South Hadley, Massachusetts where she graduated with a Bachelor’s degree in International Relations. 

She moved to Boston, Massachusetts, working in the Ethiopian Community Centre as a Refugee Programme Coordinator for a few years, and went to Washington DC to work in the Ethiopian Community Development Council. There, she was recruited by the EPRDF-led government which took power in Addis in 1991. She was invited to return home and work in the Ministry of Foreign Affairs as a press counsellor. Soon, she was assigned to assist in setting up the Ethiopian embassy in Washington DC and worked in the Embassy for six years as Press Counsellor and then Political Counsellor.

Upon her return home, she became the first general manager of Ethiopia Radio and Television Agency (ERTA), after the Agency was detached from the then-Ministry of Information. Despite criticism, Selome introduced influential television programmes such as ‘Aynachin’ which were able to challenge government officials and hold them accountable. Unlike its conventional practice of serving as the mouthpiece of the government, ERTA during her tenure became an institution servicing public interest. 

Selome also served as the government’s spokesperson during the Ethio-Eritrea border war in 1998. Since then, she has been vocal about issues related to women’s empowerment, and masterminded Yegna, an all-female acting and pop group established with the aim of reaching and empowering young women. EBR’s Samson Berhane visited her workplace, Emerge Consultancy, where the mother of two is producing a new radio show, to learn about Selome’s career trajectory. 

Swearing-In

Wednesday, 16 May 2018 09:00 Published in News

On April 3, 2018, Members of the Parliament convened to endorse Abiy Ahmed (PhD), as Prime Minister of Ethiopia. This filled the vacuum created by the resignation of former Prime Minister Hailemariam Desalegn, who announced his decision to step down in mid-February with the hope of ending the unrest and political upheaval that has rocked the country since 2015.

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