October 2018 – Ethiopian Business Review

Eyob Tesfaye (PhD), a macroeconomist and policy analyst, is among the few scholars who are known for voicing their concerns about the well-being of Ethiopia’s economy. He has served in different governmental positions, including as the Director-General of the Public Finance Institutions Supervisory Agency and Director of the Academy of Financial Studies at the National Bank of Ethiopia. He has been an external examiner of post graduate students at Addis Ababa University and advisor to post graduate students of the London School of Economics and Georgetown University.

Home to just over half a million people, Asmara has been the capital city of Eritrea since the early 19th century. Although its evolution dates back centuries, many parts of the city were built during the Italian colonial period. Referred to as ‘Little Rome’, its impressive architecture and well designed buildings make Asmara distinct from other cities in the horn of Africa. However, not everything in the city has stood the test of time. From the decaying and severely damaged heritages to poor economic conditions and tough business environment, Asmara is currently struggling to maintain the artefacts of its golden era. EBR’s Samson Berhane visited the city to discover what makes it exceptional: both in a good and bad ways.

Asmara Keren And Massawa Through Ethiopian Eyes

Although optimism about the future of Eritrea was high in the 1990s, Eritrea now exists in isolation; the lives of ordinary Eritreans is tough and many cities remain underdeveloped. In fact, Eritreans now make up a significant portion of those migrating to Europe on dangerous crossings through Libya. EBR’s Samson Berhane, who travelled to Asmara, Keren and Massawa explores the lives of Eritrean residing in these cities.

Hardships of National Service Recruits in Eritrea

Eritrea has long had a policy of national service, which conscripts the country’s youth into positions in its army and civil service. However, in spite of legislation limiting the term of national service to 18 months, many people are trapped in their service for many times that limit, even up to nearly 20 years. This, in addition to the already existing issues of low wages, strict anti-desertion laws, and alleges human rights abuses compounds the day to day issues faced by the soldiers. EBR visited Eritrea to get a glimpse at the lives of everyday people who are serving their country.

The New Year in Ethiopia brings with it a chance for rejuvenation, and for some lucky people, the chance to win a lot of money. However, many lottery winners don’t stay in the public eye, leading many to wonder what they did with the money they won. Even though everyone who buys a ticket seems to have some kind of plan for what they would do if they won, EBR’s Menna Asrat tried to find out what the reality is for those who strike it rich on these games of chance.

Eritrean Refugees Left Out in the Cold

Migration is still as a big concern in Eritrea. Youths, frustrated by the policies of the government, cross the border in droves, searching for a better life. Ethiopia hosts the highest number of refugees from Eritrea. The absence of rule of law, unlimited mandatory national service and absence of freedom of expression are reasons usually expressed by refuges for fleeing their home country. Even after entering Ethiopia, most of them are not able to join the workforce, partly because the law does not allow it. While the recent peace between Eritrea and Ethiopia renewed the hopes of a few Eritrean migrants, some still fear that the peace could endanger their lives. EBR’s Ashenfi Endale, reports.

A Sport Like No Other

Cycling is a culture in Eritrea. From the youth to the elderly, Eritreans use cycling as their primary mode of transportation. Introduced by the Italians during colonial rule, the sport has currently enabled the nation to be one of the top professional cycling countries in Africa, and the world. For instance, the national team won the African Championships for eight consecutive years. However, there are uncertainties behind the successes. Many Eritreans who aspired to follow the path of their friends into professional cycling have not been able to pursue their dreams because of financial constraints, as EBR’s Samson Berhane reports.

In Ethiopia, traditional dances used to celebrate festivals, weddings, and occasions of every kind. With more than 80 traditional dances from all the corners of the country, one of the most widely known forms of Ethiopian traditional dance, known as eskista, has been experiencing some ups and downs in the past few years. However, eskista along with other traditional dances are making their way to global audiences currently. Even some people in Europe and America are learning Ethiopian traditional dances on their own. EBR’s Menna Asrat looks at where Ethiopian traditional dance is today and what the future may hold for the art form.

Prime Minister Abiy Ahmed (PhD) signed a Joint Declaration of Peace and Friendship agreement with Eritrea in Asmara, on July 9, 2018. The Declaration explicitly allows resuming transportation, trade and communications between the two countries. This opens the door for both countries to utilize the Assab and Massawa ports for their mutual benefit.

Leadership can be discussed from different perspectives such as organizational, political, military, religion, and business. There are also different kinds of leadership styles such as strategic, charismatic, transformational, and ethical. Although this commentary focuses on the perspective of organizational leadership, the main point will be who effective leaders irrespective of their leadership style are.

Older Posts

“It is too Early to say whether the Gov’t Should Continue with Developmental state Model or not.”

Asmara Golden History, Grapples with Modern Struggles

A Trip to Eritrea

Asmara Keren And Massawa Through Ethiopian Eyes

No End in Sight

Hardships of National Service Recruits in Eritrea

Lottery Bonanza

Nowhere to Run

Eritrean Refugees Left Out in the Cold

Cycling In Eritrea:

A Sport Like No Other

The Renaissance of Traditional Dance?

How to Utilize Eritrean Ports

Effective Organizational Leaders

Arki Homes Expo being held at Millennium Hall

Tulu Kapi Signs Umbrella Agreement

Local company Wins Fintech Innovation Award