In the first part of this series, which was published in EBR’s 40th edition, I presented how and why our government fails to effectively support small businesses, especially those that prefer not to be organised under the national micro and small business development plan. In this second part, I will suggest solutions that will help reverse the current unfriendly situation.

Throughout human history, mankind has engaged in business transactions – from bartering simple goods to selling and purchasing sophisticated products and services. Governments have been one of the most visible agents in these processes. Initially, they were entrusted to create an efficient legal and regulatory framework for these exchanges to take place in a safe and fair environment. In turn, they became one of the largest financial beneficiaries of this activity – through levying taxes.

According to the 2014 population data from the Central Statistical Agency, the youth aged between 15 and 39 years constitute 42Pct of the Ethiopian population. This is a huge resource and force for the country that must be nurtured through the creation and provision of the right conditions and supports.