Ethiopian Business Review

The beer market is at a turning point. Its value has grown significantly to reach USD620 million during a time when consumption grew by 16Pct annually. Recently, sustained success and the changing demographics of brewery ownership have led to acquisitions and big transactions involving billions of birr in investments. BGI’s recent announcement of a record ETB4.5 billion deal to takeover Raya, the fastest growing brand in the northern parts of the country is just the latest indicator of intensified acquisition activity in the brewery industry. EBR’s Samson Berhane talked to executives, experts, officials and industry insiders, in order to shed some light on the matter.

Sunday, 15 April 2018 06:00
Published in Focus
Read more... 0

In 2012, the Ethiopian government introduced a 150Pct export tax on hide, skins, and semi-processed leather products in order to encourage local value addition. The following years saw an increase in export revenues from finished leather products. Although the introduction of the tax created an opportunity for tanneries and leather factories by making a large amount of hide and skin available for the local market, a significant percentage of the raw materials available in the local market still remain unused. EBR’s Ashenafi Endale explores the reasons behind this. 

Thursday, 15 March 2018 09:00
Published in Focus
Read more... 0

For a long time, restaurants in Ethiopia have been offering a wide variety of stews to their customers. These days, the ‘less is more’ philosophy has taken root in cities like Addis Ababa, where some restaurants are specializing in shiro, while others offer a small handful of options to go with the traditional stew. 

Thursday, 15 March 2018 06:00
Published in Focus
Read more... 0