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.

Wednesday, 16 May 2018 12:00
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The horrific reality facing patients

Patients with critical illnesses are finding themselves in serious predicaments after the recurring foreign currency shortage began to affect the manufacture and import of medicines. Families are being increasingly forced to turn to unregulated informal market sources to find life-saving medicine now, even as importers and health institutions look for solutions to the problem. However, it may be easier said than done. EBR’s Ashenafi Endale explores the causes of the shortage and what awaits patients in the future.

Sunday, 15 April 2018 15:00
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Since October 2017, the National Bank of Ethiopia (NBE) made a series of monetary policy adjustments such as devaluating the local currency, increasing the interest rate, and introducing a credit ceiling on commercial banks in an attempt to sustain the economic growth achieved in the last decade. However, the policy alterations have had mixed outcomes. Investors, especially those engaged in the service sector, complain about the lack of available credit, which they say worsened after the NBE made the policy changes. On the other hand, the banking industry continues to perform better despite challenges. EBR’s Samson Berhane investigates the different impacts of the monetary policy implemented in recent months.

Sunday, 15 April 2018 06:00
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In the first six months of the current fiscal year, the Ethiopian Revenue and Customs Authority (ERCA) collected ETB90.8 billion, which is 83Pct of the target set for the period and 39.5Pct of the target set for the current fiscal year. Officials stress that a growing number of taxpayers are declaring losses or no income on their annual income tax report and Value Added Tax (VAT) refund. Businesses argue that this is due to the slowdown of economic activities attributable to the scarcity of foreign currency, and recent political unrest in the country. Several companies claim that their sales turnover is declining while overhead costs rise, ultimately affecting their capacity to pay taxes. EBR’s Ashenafi Endale explores the situation. 

Thursday, 15 March 2018 09:00
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Even though large-scale tea cultivation started in Ethiopia at the same time as countries like Kenya, the country lags far behind in the international market. While the tea exported from Kenya accounts for 22Pct of the total global trade currently, the share of Ethiopia remains less than 1Pct. EBR explores the reasons. 

Thursday, 15 March 2018 09:00
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In terms of headcount, Ethiopia has the tenth largest livestock inventory in the world with 120.4 million cattle, sheep and goat. But the country isn’t making the most of it. Roughly 200,000 tons meat is processed annually, and less 10Pct of it is exported. EBR’s Ashenafi Endale explores the issue to find out why.

Thursday, 15 February 2018 09:00
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As Ethiopia’s most important sector, agriculture is a fundamental component in addressing the country’s development challenges. While agricultural output is improving, there are still major gaps in productivity that mechanization can help bridge. And while the benefits of mechanization are immense, the introduction of automated farming processes in Ethiopia has been limited. EBR’s Ashenafi Endale explores the issue and highlights the efforts taken to improve the situation.

Thursday, 15 February 2018 06:00
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Insurance is one of the key pillars of a modern economy. It contributes to mobilize savings, transfer risks and reduce financial losses.

The history of modern insurance in Ethiopia, especially the private sector driven one, is at its early stage. However, the sector is crippled with lack of innovative products and services. As a result, the industry lags far behind several African countries. The sector’s growth, especially in recent years, is marred with rising claims and declining premium rates. The stiff price based competition in the market contributed to this situation. EBR’s Ashenafi Endale explores the issue to offer this report. 

Saturday, 02 December 2017 12:00
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Ethiopia is endowed with extensive natural resources such as fertile soil, abundant water resources and favorable climatic condition that make the country suitable for the development of different varieties of flowers, vegetables, fruits and herbs. Despite this, the country has not benefited from the sector as expected. 

Lack of adequate attention given to the sector by the government, years of insufficient investment by the private sector, and the absence of skilled human resource and technologies are among the major factors that thwart the country from reaping the benefits of its potential in the sub sector.

To avert the trend, Ethiopia, the second largest flower exporter in Africa after Kenya, recently launched the National Horticulture Development and Transaction Strategy. The strategy highlights the plan to create conducive environment for modernized horticulture development. EBR’s Mikiyas Tesfaye has gone through the document and conversed with major stakeholders to offer this report.

Friday, 01 December 2017 09:00
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As the Ethiopian economy began to significantly expand in the last fifteen years, the demand for paper and paper products has also witnessed huge growth. In 2016/17 the demand for paper was 219,840 tons. However, the country managed to satisfy only 18Pct of the demand. The balance has always been matched by imports.

There are six companies currently engaged in the production of rolls of paper sheets from pulp and recycled paper. Although a small number of companies operate in the paper conversion sector, there is no paper mill company in the country. As a result, the country spends millions of scarce hard currency to import paper products. EBR’s Ashenafi Endale explores the issue to offer this report.

Wednesday, 01 November 2017 09:00
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The White-Box of Ethiopian Agriculture

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Ethiopia, Eritrea Should Reunite

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At The Helm of the National Theatre Nebiyou Baye D

The government recently appointed Nebiyou Baye as the new director of the National Theatre of Ethiopia. Although he worked in films as an actor and writer on top of lecturing Read more

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The Sacking Hiring of Coaches In the Ethiopian Pre

It is common to see the firing and appointment of many coaches in the Ethiopian Premier League, in which 16 clubs are participating currently. Even in the 2017/18 season, 12 Read more

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The Irony Behind Wheat Scarcity

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 Read more

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The Riddles of Urban Safety Net

For a long time, rural poverty has been a big concern in Ethiopia. Compared to rural standards, the urban population, which was estimated at over 20 million last year, might Read more

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Standing on the Front Lines of History

The national Archives Strive to Safeguard Treasures, Make History Approachable Much has been made of the looting of treasures from African countries. Recently, the argument over the ownership of relics taken Read more

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“Mavericks at Work: Why the Most Original Minds in

Mavericks at Work explores some of the most successful, innovative businesses in the US, presenting the reader with the goals, strategies and methods that have made companies powerhouses in their Read more

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What Africa Can Learn from East Asia’s Development

While the rest of the world obsesses over Europe’s economic travails, America’s political paralysis, and the growth slowdown in China and other emerging markets, there remains a region – Sub-Saharan Read more

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Violent Lotteries

Since the National Lottery Administration began its operation by issuing the first lottery named Regular lottery on September 8, 1961, it has introduced and sold a variety of lotteries to Read more

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