Ethiopian Business Review

In Ethiopia, shortages in the availability of foreign exchange, also known as a foreign exchange crunch, has beenone of the pressing economic agendas for quite some time, and has lead to heated discussions. In response to the prevailing shortages, the government has recently taken some measures that aim to ameliorate the problem. Two actions standout in this regard: a fast crackdown on black market operators, and controlling the foreign currency that exits through Bole International Airport and boarder areas. As a result, confiscation of large amounts of foreign currencies (at least from the perspective of individual stances) continues to be reported.

Friday, 16 November 2018 00:00
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US President Donald Trump’s erratic unilateralism represents nothing less than abdication of global economic and political leadership. Trump’s withdrawal from the Paris climate agreement, his rejection of the Iran nuclear deal, his tariff war, and his frequent attacks on allies and embrace of adversaries have rapidly turned the United States into an unreliable partner in upholding the international order.

Sunday, 16 September 2018 00:00
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In July 2018, while presenting a three-month report to Parliament, Prime Minister Abiy Ahmed (PhD) addressed the nation and the diaspora community. In his address, he spoke about the role of the diaspora in the development of the country and promoting Ethiopia to foreigners. He mentioned that the diaspora has the responsibility to convince potential tourists and investors to flow to the country. As a foreign resident, who has been living in a Scandinavian country for nearly 15 years, my reaction to his address was mixed. I have been coming to Ethiopia every year and I would like to speak about what the country needs to address before it starts to attract tourists, and what the role of the diaspora should be in promoting the country and creating a positive narrative of the nation. 

Thursday, 16 August 2018 07:43
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