Ethiopian Business Review

Premier Reshuffles Cabinet

Thursday, 16 August 2018 22:43 Published in News

In a session held today, Prime Minister Abiy Ahmed reshuffled his cabinet, of which half are women, a move said to be the first of its kind in Ethiopia.

High-End Men Barbers Burgeon

Thursday, 16 August 2018 16:43 Published in Focus

Lately, Addis Ababa has witnessed a boom in high-end men’s barbershops, which have distinct features such as neat rooms, wider spaces and attractive interior designs. With a unique marketing strategy, this new kind of barber, which usually charges between ETB70 and ETB150, is seemingly popping up in every new building. As it becomes one of the quickest-growing professions in the capital, the new trend is now starting to appeal to more and more of the city’s residents, as Ashenafi Endale reports.

Ministry Warns Consumers Not to Use Classy

Thursday, 16 August 2018 16:43 Published in News

The Ministry of Trade has warned consumers not to use Classy Water, whose products were found to be in violation of the requirements of the Ethiopian Conformity Assessment Enterprise.

Unraveling Local Sourcing Problems

Thursday, 16 August 2018 13:43 Published in Investment

Nation Continues to lose billions to raw material imports

In recent years, domestic sourcing, a procurement strategy adopted by companies to purchase their inputs,  is gaining momentum due to the fact that localisation brings cost-savings across the supply chain, especially in light of climbing costs in traditionally low-cost regions. However, although many multinational and local companies are investing in the country, Ethiopia lags behind in this regard. Even though the lack of raw materials on the local market has forced companies to lean towards imports, the scarcity of foreign currency is putting extra pressure on their survival. EBR’s Ashenafi Endale investigates the difficulty faced by manufacturers due to low level of raw materials sourcing from domestic suppliers in Ethiopia. 

Tens of thousands displaced in Deadly Violence

Thursday, 16 August 2018 13:43 Published in News

More than 10,300 people have been displaced because of the recent violence in Burayu and Ashewa Meda, the National Disaster Risk Management Commission announced.

Noah Real Estate Inaugurates 120 Apartments

Thursday, 16 August 2018 13:43 Published in News

Noah Real Estate inaugurated 120 apartments, built at a cost of ETB200 million.

The Irony Behind Wheat Scarcity

Thursday, 16 August 2018 10:43 Published in Focus

Why Ethiopia imports huge amounts of wheat while endowed with vast suitable land for farming 

In recent years, wheat shortages have been getting more and more severe in urban areas like Addis Ababa, putting pressure on local businesses engaged in wheat processing, as well as residents.  On the other hand, close to 10 million people who have been struck by drought and displaced by internal political conflicts have to wait for months in order to receive wheat. EBR’s Ashenafi Endale explores the fundamental reasons behind wheat scarcity in Ethiopia. 

Jember A New Hero for A New Generation

Thursday, 16 August 2018 07:43 Published in Art & Life

Since the launch of various cinematic universes from different comic book companies, demand has been created for stories from all over the world. Africa, one of the biggest consumers of Western media has not yet capitalised on its full potential in terms of comic book narratives. Now, Etan Comics, an imprint based in the United States, founded by Ethiopian-born Beserat Debebe, is trying to fill that gap, with its first comic book, Jember released five months ago. EBR’s Menna Asrat explores the future of Ethiopian and African comic book art. 

Inadequate infrastructure continues to undermine the competitiveness of African countries in the global arena. Despite being blessed with ample mineral and other natural resources, the continent has the lowest infrastructural development in the world in areas like energy, water, sanitation, transportation, and communications technology.

Sinking Swimming Sport

Thursday, 16 August 2018 07:43 Published in Sport Biz

Despite the availability of many lakes and rivers, Ethiopians have yet to embrace the sport of swimming. Many are hard-pressed to name any professional Ethiopian swimming icons. Lack of proper attention given to the activity, shortage of financing as well as the unavailability of swimming facilities is hindering the sport from growing, as EBR adjunct writer Abiy Wendifraw reports. 

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