Ethiopian Business Review

Bonus Featured

Incentive, Burden

Globally, various bonus schemes are used to keep employees satisfied and motivated. This strategy is increasingly seen adopted by banks, insurances and corporations in Ethiopia. It is becoming common to witness banks and insurance companies showering two to four months of salaries on employees as bonuses. Although these companies are benefiting from the strategy, there are still concerns, as EBR’s Ashenafi Endale writes.

Monday, 15 October 2018 06:00
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Home to just over half a million people, Asmara has been the capital city of Eritrea since the early 19th century. Although its evolution dates back centuries, many parts of the city were built during the Italian colonial period. Referred to as ‘Little Rome’, its impressive architecture and well designed buildings make Asmara distinct from other cities in the horn of Africa. However, not everything in the city has stood the test of time. From the decaying and severely damaged heritages to poor economic conditions and tough business environment, Asmara is currently struggling to maintain the artefacts of its golden era. EBR’s Samson Berhane visited the city to discover what makes it exceptional: both in a good and bad ways.

Sunday, 16 September 2018 06:00
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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. 

Thursday, 16 August 2018 13:43
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