Blog – Page 197 – Ethiopian Business Review

Party rental companies are those that rent items like decorations, utensils and cookware to individuals who are planning events like weddings, funerals, and meetings. Although a relatively new concept in Ethiopia, data demonstrates that the presence of these companies is growing rapidly. According to data from the Addis Ababa Trade Bureau, 208 rental companies were issued to business licenses within the last four years, generating ETB373 million in investment capital. Despite the growth potential in the sector, industry insiders say that difficulties accessing investment capital is hindering their growth prospects. EBR’s Fasika Tadesse spoke with those involved in the sector to learn more about this nascent industry.

Is Ethiopia Addressing the Special Needs of Juvenile Offenders?

Like many sub-Saharan African nations, Ethiopia provides some special treatment for juvenile offenders. The logic behind the provision of special treatment is rooted in the idea that young offenders should be given rehabilitation in order to improve their well-being and hopefully deter them from committing crimes in the future. However, many stakeholders argue that the problems facing teenage offenders extend beyond a mere desire to do bad things – that they’re linked to larger problems like homelessness, cyclical poverty, and whether or not they have attentive parents. EBR’s Meseret Mamo visited the Juvenile Delinquent Remand and Correction Centre, Ethiopia’s sole facility to address the needs of this population, to speak with key individuals involved in the juvenile justice system for this report.

Circus performance stands at the intersection of artistic craft and difficult athletic performance. Often, performers spend years perfecting their craft through athletic training and calisthenics. While it’s garnered much acclaim abroad, circus performance is a growing trend in Ethiopia – and one that numerous performance groups in the country hope will continue to grow. In connection with the African Circus Festival held recently in Addis Ababa, EBR’s Ashenafi Endale spoke with performers and organisers of the event to learn more about the craft and its nascent journey in Ethiopia.

Business organisations and individuals in Ethiopia vary in terms of their stance on the subject of electing insurance as a risk management tool. Practice and figures show that although insurance policies are availed to guard businesses from apparent life, property and liability risks, most prefer self-insurance or other risk management tools instead of traditional insurance.

The Fundamental, Missing Issues in the Debate

Industrialisation is the process of building up a country’s capacity to convert raw materials into new products. It involves a growing complexity of production systems, reliance on primary or secondary economic activities and an increase in output.

In the run-up to the United Nations Climate Change Conference (COP21) in Paris, more than 150 governments submitted plans to reduce carbon emissions by 2030. Many observers are asking whether these reductions are deep enough. But there is an even more important question: Will the chosen path to 2030 provide the basis for ending greenhouse-gas emissions later in the century?

When people speak of Ethiopia’s artistic tradition, it’s likely they are referring to the techniques and styles that have predominated Ethiopian art for centuries. What’s more difficult to find, art insiders say, is a culture that appreciates and consumes contemporary Ethiopian art in a meaningful way. Despite the difficulty in bringing about this culture, many in the country’s artistic community are hopeful things will change gradually. EBR’s Meseret Mamo spoke with a few members of the community to explore the economic and social benefits that may come if their vision comes to fruition.

Time for Re-orientation

On September 16, 2015, the Organisation for Economic Co-operation and Development (OECD) released the world interim economic outlook – and after reading the report, there are many things of which to be concerned.
The slow progress of recovery in advanced countries and the economic slowdown in emerging economies, notably Brazil and China, are two main factors cited for sub-par global growth during the rest of 2015 and 2016.

Culture Centre Pays Homage to Alganesh Tariku

If you are familiar with the recent history of Ethiopia’s artistic community, then you have probably heard of the actress and dancer Alganesh Tariku. The renowned artist is regarded for her time as a dancer and stage performer at Ethiopia’s National Theatre and can now be seen on the TV show Wazema. Her decades-long career was recently honoured at the Ethiopian Cultural Centre. The Centre is one among a few institutions that are actively working to preserve the history of Ethiopia’s rich artistic tradition through commemorating prolific individuals. EBR’s Meseret Mamo attended the ceremony and sheds more light on the work being done to give credit to the country’s most respected artists.

What needs to be done in order to create greater financial inclusion and literacy in a developing country like Ethiopia? That’s the question on the minds of many government officials who are looking to encourage greater financial knowledge among the country’s populace. Finance experts are looking to mobile technology to create greater financial awareness. Large banks and companies like M-BIRR, which provide mobile financial services, are emerging in Ethiopia and have ambitious plans to have millions subscribe to their services in a few years. These goals, however, are lofty, considering that Ethiopia has one of the lowest mobile penetration rates in sub-Saharan Africa. So what has to be done? EBR’s Samson Hailu spoke with stakeholders dealing with this issue in order to shed light on its complexity and potential solutions.

Party Rental Business

Denied of Lawful Attention

Is Ethiopia Addressing the Special Needs of Juvenile Offenders?

Circus Gradually Takes Off in Ethiopia

Insuring Risks of Liability

Industrialisation in Ethiopia:

The Fundamental, Missing Issues in the Debate

From Good Intentions to Deep Decarbonization

In Search of an Appreciative Eye

African Growth:

Time for Re-orientation

Honouring Legends

Culture Centre Pays Homage to Alganesh Tariku

Financial Inclusion: Where Does Ethiopia Stand?