Ethiopian Business Review

Even with so many promising stories about Africa, it should come as no surprise to hear one about underachievement on the macro level. Africa still drags its feet when competing with the rest of the world. A report recently released by the World Economic Forum entitled- Reducing Barriers to Economic Growth and Job Creation- evaluated world economies’ travel and tourism competitiveness and revealed that many African countries are lagging behind, as always.

Tuesday, 25 June 2013 10:49
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Having excelled to prominence with her entrepreneurial drive in less than a decade, Bethlehem Tilahun Alemu, 33, has proven her business acumen to the world. From being featured on Forbes’s ‘Top Lists’ repeatedly, to receiving global repute for her innovative enterprise, she has garnered enormous recognition She has also been featured in several international Media including the BBC, CNN, Le monde, and various others. The emerging business leader has much more prospect than what she has proved so far. In her own terms, her success is yet to be proved if she manages to open 100 stores worldwide by 2020.

Bostex PLC, the company she founded in 2004 with her husband and serves as its managing director, produces soleRebels, which is a brand of the eco-sensitive shoe produced from organic Ethiopian materials. The brand has now become trendy and is available through high streets and online retail stores in more than 60 countries. soleRebels has truly become successful, sustainable, and unquestionably world- class for its authenticity, style and value. Amanyehun R. Sisay, Executive Editor of Ethiopian Business Review sat down with Bethelhem to discuss where the company heads, among others: Excerpt:

Monday, 29 April 2013 11:02
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The BRICS - Brazil, Russia, India, China and South Africa- have agreed to establish a new development bank on their 6th summit staged in Durban, South Africa, on March 27, 2013. There are speculations that 50 billion dollar will be injected in to the new bank as an initial capital. The five countries will contribute equal amount.   Following this announcement economists around the world have been contemplating what it will mean to the global order.

Monday, 01 April 2013 14:29
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