Ashenafi EndaleMarch 15, 2020
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1min2980

For long, import business has been lucrative in Ethiopia, fetching relatively higher profits in a short period of time. However, this reality has been changing lately. With the persistent foreign currency shortage and import-discouraging policies of the government, many importers are now closing their doors, shifting to other sectors in search of better fortunes. EBR’s Ashenafi Endale explores.


Samson BerhaneMarch 15, 2020
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1min2550
A Step in the Right Direction?

Establishing a stock market has been a hot issue under discussion in Ethiopia for almost two decades. While some argue that there is a need for a capital market, citing the existing shortage of finance both in local and hard currencies, others disagree, mentioning the immature financial reporting and fragile corporate governance systems, absence of the required legal framework, and a very weak private sector. Meanwhile, the government’s position is firm: setting up a stock market in no less than a year, if possible, before the end of 2020. EBR’s Samson Berhane investigates to find out whether the country is ready to institute a stock exchange.


Ashenafi EndaleFebruary 15, 2020
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1min6240

Having one of the largest reserves of human and natural resources, Ethiopia should have had a prosperous economy. However, it is one of the poorest countries in the world, as manifested through low per-capita income and low human-development index. The vast expansion of education and health services over the past two decades has not solved the problems of farmers and pastoralists or changed the lives of the overwhelming majority. As a result, the contribution of human capital to economic growth remains insignificant in Ethiopia. EBR’s Ashenafi Endale explores to shed light on the matter.


Ashenafi EndaleFebruary 15, 2020
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1min4050

Despite having an immense potential, poultry farming is still at its infancy in Ethiopia. Commercial poultry production is characterized by a large number of small-holder farms, and few medium to large scale poultry farms. Production is concentrated mainly in the Addis, Bishoftu and Adama areas, with some small concentrations around northern and southern rural towns. Farmers lack basic knowledge on good poultry keeping practices and the inputs needed (feed, vaccines, drugs, and hardware such as drinkers and feeders) are scarcely available. Meanwhile, the demand for poultry is growing in a market which is characterized by seasonally fluctuating prices owing to religious fasting periods. EBR’s Ashenafi Endale explores.


Ashenafi EndaleJanuary 1, 2020

1min9540

Thanks to big corporations and financial companies, Addis is becoming a city with a high number of buildings compared to east African cities. Many of these buildings were constructed by local contractors that were able to learn fast in the past two decades, though not free from flaws. Majority of buildings constructed by local contractors lack quality and basic infrastructures and have very similar designs. Frustrated, many builders are now turning their backs on local contractors, while strengthening their ties with the foreign ones, particularly those from China. Almost all big buildings, roads and dam projects throughout the country are being handled by Chinese contractors. EBR’s Ashenafi Endale investigates.


Ashenafi EndaleJanuary 1, 2020
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1min5610
Are theyAchievable?

With power interruption becoming the norm, implementing green manufacturing has been almost impossible in Ethiopia. Although there are many companies that have embraced the idea of using green energy as a source of power, poor electricity supply has forced them to be dependent on fossil fuels. Especially cement factories, and industries that require high voltage, have no choice but to spend increasing amounts of foreign currency to import coal and fuel. Such a reality, coupled with inefficient energy usage, is profoundly costing the country. EBR’s Ashenafi Endale explores.


Ashenafi EndaleJanuary 1, 2020
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1min6030
Why & How Ethiopia is Losing its Precious Commodity

A decade ago, gold constituted close to one-fifth of the total export earnings of Ethiopia. But the country has not been able to sustain this momentum. Last year, export income from gold plummeted to a dismaying USD32 million from 654 million in 2011/12 fiscal year. This is largely due to the growth of contraband trade and the closure of mining companies for allegedly polluting the environment. EBR’s Ashenafi Endale investigates.


Ashenafi EndaleDecember 12, 2019
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2min7780
Is it the right model to sustain Ethiopia’s growth momentum?

A year after parliament legislated a proclamation governing Public Private Partnerships (PPPs), a Saudi firm has become the first to be awarded the construction of two solar power projects under such scheme. Another 15 projects, on the basis of PPPs, will soon be awarded to winning companies. While such a move is expected to fill the huge financing gap in the electricity sector, there is hope that this will have a positive impact on the efficiency, equity and quality provision of services.
While the idea of PPPs in general is theoretically appealing, its practical implementation in developing countries is not as easy as theory suggests. Perhaps partly for that reason, a large number of implemented PPPs have left the contractual parties dissatisfied, indicating that either developing countries, investors, or both may have had unattainable expectations. Experts fear this may happen in Ethiopia as well. EBR’s Ashenafi Endale explores.


Ashenafi EndaleDecember 12, 2019
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1min8020

Ethiopian exporters are almost blind to international accreditation and certification systems. Even though there are significant outsourcing market opportunities in Europe, USA and Japan, Ethiopian exporters could not benefit from this, largely because they fail to meet standards. Such problems are not uncommon across sectors prioritized by the Ethiopian government, including coffee, leather, textile, garment, fruits and honey. The presence of few quality accrediting companies, both private and local, does not help Ethiopia buck this trend, chiefly because they lack international accreditation. EBR’s Ashenafi Endale probes into the matter.


Kiya AliNovember 29, 2019
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1min10620

Ethiopia is one of the few African countries to achieve a strong and broad economic growth in the past decade. But keeping up with this momentum has not been easy. The construction industry, one of the main engines to the economy, has come to a standstill. As many have become unemployed as a result of the slowdown, construction firms are experiencing loss and some are shifting to other sectors seeking better returns. EBR’s Kiya Ali reports.



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