Author: Ashenafi Endale

Ashenafi EndaleFebruary 17, 2019
Capital-Out-Flows.jpg

1min145800

Illicit financial flows (IFFs) have become a major concern globally, especially in recent years. Ethiopia is not an exception in this regard. The country loses between USD1.3 billion and USD3.2 billion annually in the form of IFFs. This figure accounts for up to 29Pct of the country’s total international trade or 97Pct of the total aid inflows. There are a variety of reasons for capital flight from Ethiopia, including political reasons, decline in economic stability or stricter capital regulation. However, the most prominent causes in Ethiopia are related to the informal sector, crime, trade mis-invoicing and tax evasion, as EBR’s Ashenafi Endale reports.


Ashenafi EndaleFebruary 17, 2019
Pay-Shy.jpg

1min28780
Manufacturers feel the heat due to high staff Turnover

Staff conditions in factories and industrial parks in Ethiopia have long been a subject of debate. From pay scales to working conditions and safety, many of the issues connected to working in factories have led workers to leave their employment in droves. In addition, a lack of skilled manpower has become another hurdle that factory managers have had to contend with. EBR’s Ashenafi Endale explores.


Ashenafi EndaleFebruary 17, 2019
chinise_interv.jpg

1min25920

John Snow, 43, is the General Manager of J&S Metals, the only company in Ethiopia that produces steel roofing nails. J&S Metals exported steel nails to Ethiopia from China for ten years before it established a factory on the outskirts of Addis Ababa five years ago. The company, which currently employees 130 people, produces roof nails. Snow sat down with EBR’s Ashenafi Endale to reflect on the challenges manufacturers are facing particularly in relation with the labour force.


Ashenafi EndaleJanuary 15, 2019
Pirates-of-Addis.jpg

1min33480

Street vending has become a part of everyday life in Addis. On almost every major pedestrian road, there are many young people displaying their wares, from electronics, to shoes, and calling out to city residents to visit them. While these products are cheap and convenient for many, street vending is becoming the gathering place for unemployed youth who move to the cities looking for new opportunities. At the same time, the sourcing of the products is feeding into the problem the country is experiencing with contraband, as many of the items sold on the streets are illegally smuggled into the country. Addressing these issues is a big part of the city administration’s agenda, as EBR’s Ashenafi Endale reports.


Ashenafi EndaleDecember 15, 2018
water_risk.jpg

1min38080
How Safe is Bottled water?

In the past decade, the bottled and mineral water industry has registered enormous growth. From less than 10 a decade ago, the number of companies in the industry has grown now to 70. However, even more operators who bottle water without licenses are filling the market, exposing consumers to health related risks. EBR’s Ashenafi Endale reports.


Ashenafi EndaleDecember 15, 2018
housing_.jpg

1min12270

In the past, house rents in Addis Ababa have increased chiefly because of the critical housing shortage and the surge in demand for apartments and houses.
Over the past three months, however, rental prices have risen at an alarming rate, because of the rise in the number of Eritrean migrants, among other factors. EBR’s Ashenafi Endale investigates the matter.


Ashenafi EndaleDecember 15, 2018
adama.jpg

1min10400
Can it be a vibrant Hub?

Located 99 kilometers from Addis Ababa, Adama is one of the largest and most vibrant cities in the state of Oromia and is home to almost half a million people. Its key role as a route for a large portion of the nation’s imports and exports has made it one of the most energetic cities in Ethiopia. Even more, the completion of its first industrial park last month makes it one of the country’s most promising investment spots. Despite the growth in businesses’ desire to invest in Adama, the city administration has been unable meet demands for investment licenses, which have accumulated for the past four years. Recurrent water shortages and rising living costs have remained challenges for the city’s residents. EBR’s Ashenafi Endale, who visited the city last month, reports.


Ashenafi EndaleDecember 15, 2018
industrial-park.jpg

1min66180
Shortcut to Industrialisation?

The recent unveiling of the industrial park in Adama was just the latest in Ethiopia’s bid to open an industrial park in every region. The plan for industrial parks has always been to attract foreign investment into the country, and thereby start Ethiopia on the road towards industrialization, and eventually to middle-income status. However, many experts warn that the problem of industrializing the country reaches further than just providing a place with reliable electricity and infrastructure. In the face of nearly overwhelming optimism about industrial parks, some still have reservations, as EBR’s Ashenafi Endale reports.


Ashenafi EndaleDecember 15, 2018
Birhanu-Gizaw.jpg

1min11130

Currently, Ethiopia is striving to construct 30 industrial parks in the next two years, as shortcut to cope with late industrialization. However, Birhanu Gizaw (PhD), who has been an industrial engineer both in the academic and private sector for 30 years, the last 15 of which he has spent in Germany, boldly argues that Ethiopia needs to revise its industrialization policy. He argues industrialization is about a fundamental change in mentality, and manufacturing products and technology that simplify the life of each and every citizen, rural and urban alike. Currently, he is developing a technology park in collaboration with Jimma University, the first of its kind. In addition he is a lecturer at the Addis Ababa institute of Technology, and is chairperson for the Society of Electrical Engineers. He recently sat down with EBR’s Ashenafi Endale to discuss the country’s industrial efforts. The following is an excerpt:


Ashenafi EndaleNovember 15, 2018
Bonus.jpg

1min40490
Incentive, Burden

Globally, various bonus schemes are used to keep employees satisfied and motivated. This strategy is increasingly seen adopted by banks, insurances and corporations in Ethiopia. It is becoming common to witness banks and insurance companies showering two to four months of salaries on employees as bonuses. Although these companies are benefiting from the strategy, there are still concerns, as EBR’s Ashenafi Endale writes.



About us

Ethiopian Business Review is first class and high quality monthly business magazine.


CONTACT US

CALL US ANYTIME



Newsletter


Site Statistics
01234567890