Ethiopian Business Review

Ever since the Commercial Bank of Ethiopia introduced prize linked saving promotion mechanism seven years ago, many commercial banks have followed suit by launching similar promotional schemes. This includes the almost ten year old Bunna International Bank, which started offering prizes, ranging from smart phones to a tractor worth more than a million birr, to its remittance customers. EBR’s Samson Berhane sat down with Tadesse Chinkel, president of the Bank, to discuss the results achieved from such promotional tool so far and the way forward.

Sunday, 03 June 2018 13:56
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Ethiopia offers financial incentives such as tax reductions and holidays, as well as custom duty exemptions to companies engaged especially in manufacturing activities. But incentives are given and monitored in a scattered and uncoordinated manner. To address the issue, the Ethiopian Revenues and Customs Authority (ERCA) is currently establishing a directorate that will follow up and monitor the proper use of incentives, which have been exposed to abuse. EBR’s Ashenafi Endale sat down with Mulugeta Beyene, director of the newly established Manufacturers and Duty Free Support Directorate at ERCA to learn more about the government’s plans to enforce proper usage of incentives. 

Wednesday, 16 May 2018 15:00
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Born in Aksum, in the state of Tigray, Selome grew up with parents who were both teachers. This contributed to her outspoken and outgoing personality. After completing her primary and secondary education in Addis Ababa, she went to Addis Ababa University during the Dergue regime. But she didn’t finish her studies. Instead, she went to Eastern Europe and enrolled at the University of Belorussia, in the then-Soviet Union. After her third year, Selome dropped out and went first to West Germany, and then South Hadley, Massachusetts where she graduated with a Bachelor’s degree in International Relations. 

She moved to Boston, Massachusetts, working in the Ethiopian Community Centre as a Refugee Programme Coordinator for a few years, and went to Washington DC to work in the Ethiopian Community Development Council. There, she was recruited by the EPRDF-led government which took power in Addis in 1991. She was invited to return home and work in the Ministry of Foreign Affairs as a press counsellor. Soon, she was assigned to assist in setting up the Ethiopian embassy in Washington DC and worked in the Embassy for six years as Press Counsellor and then Political Counsellor.

Upon her return home, she became the first general manager of Ethiopia Radio and Television Agency (ERTA), after the Agency was detached from the then-Ministry of Information. Despite criticism, Selome introduced influential television programmes such as ‘Aynachin’ which were able to challenge government officials and hold them accountable. Unlike its conventional practice of serving as the mouthpiece of the government, ERTA during her tenure became an institution servicing public interest. 

Selome also served as the government’s spokesperson during the Ethio-Eritrea border war in 1998. Since then, she has been vocal about issues related to women’s empowerment, and masterminded Yegna, an all-female acting and pop group established with the aim of reaching and empowering young women. EBR’s Samson Berhane visited her workplace, Emerge Consultancy, where the mother of two is producing a new radio show, to learn about Selome’s career trajectory. 

Wednesday, 16 May 2018 09:00
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