Ethiopian Business Review

The Great Ethiopian Run which has been organizing mass running events since 2001 has been working as a non-profit organization. When the new Ethiopian Charities and Civil Societies Proclamation came to effect, the organization changed its status into a business entity as a private limited company late in 2012. The ETB 9million it collected through the years was distributed to four regional governments to use for similar purposes. Despite its identity change leaders of the organization explain that its core objectives will not be compromised- it will continue doing what it used to do. 

Wednesday, 16 April 2014 06:00
Published in Sport Biz
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“We could see her do something special in anything from 1,500m to 10,000m, but certainly in the 5,000m,” the legendary British athlete Paula Radcliff, commented on BBC sport, about Genzebe Dibaba, after she broke three world records within 15 days, last February.

Saturday, 15 March 2014 09:00
Published in Sport Biz
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One hundred twenty years ago, in 1893, Willie Grooves, a West Bromwich Albion inside forward in the then professional English Football League, was sold with a record transfer fee of 100 Pounds Sterling (GBP) for Aston Villa. This transfer was considered controversial. The Football Association labeled the transfer process ‘unfair’ because the player was illegally poached and a huge amount of money was tendered. Nevertheless, Grooves subsequently became the first player to be transferred with ‘that amount’ of money in the history of football and helped Villa win the league championship in 1894. Villa actually ended up being fined for the incident by the Football Association.  

Saturday, 15 February 2014 09:00
Published in Sport Biz
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