Ethiopian Business Review

The world’s 85 richest people own the same amount of wealth as the bottom 3.5 billion, Oxfam revealed in a new report released January 20th, before the opening of the 2014 Davos World Economic Forum. These 85 people have USD 1.7 trillion, similar to the wealth of the bottom half of the world’s population. 

Saturday, 15 February 2014 06:00
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When African leaders met to celebrate the 50th anniversary of the founding of the Organisation of African Unity (OAU) in Addis Ababa last year, their hope was that years of conflicts and poverty would soon be over. A year later, a galaxy of African heads of state joined last month during the 22nd African Union (AU) Summit in Addis Ababa to push forward a great leap towards the pan-African quest for economic growth and unity through “Agenda 2063”, a hopeful blueprint for a socio-economic and political transformation of the continent.

Saturday, 15 February 2014 03:00
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Once, some ten - twelve years ago, shoe manufacturing industry owners were at the late Prime Minister’s office to talk about some of the most dreadful challenges they were facing. One of the major grievances they presented to the Prime Minister was that imported shoes have swamped the local market and they couldn’t compete with them. “People are not buying our product and we will be out of business” they told him. 

Wednesday, 15 January 2014 09:00
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