The strength of a nation is measured by and depends even more on the quality, rather than the number of its people. The potential capacity and capability of people are nation’s most precious possessions. Therefore, it is imperative to recognize the true value of human resources with regards to driving the development of an economy and the existence of a nation.



Fake news means news articles or information sources that are intentionally and verifiably false, and are meant to mislead readers. There are two key characteristics of fake news. First, fake news includes false information and fabricated news reports produced either for profit or political purposes. Second, fake news is created with dishonest intentions. It is deliberately fabricated and disseminated with the intention to deceive and mislead others into believing falsehoods or doubting verifiable facts. As a result, fake news shows circumstances in which objective facts are less influential in shaping public opinion than appeals to emotion and personal beliefs.



Unlike African cities planned by colonialists, Addis Ababa is a city unique for its indigenous urbanization created out of natural necessities. The expedition to assimilate the south in the mid-1880s concluded with the emergence of a new capital. So, the first settlements of Addis Ababa were set up with a vision of reestablishing the country. These individual settlements known as ‘sefers’, were naturally conceptualized with a top-down hierarchy named after their own chiefs.



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. This paper focuses on the perspective of organizational leadership, irrespective of leadership style. Although the paper focuses on organizational leadership in general; it fits business organizations much better.



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.



Just like any other aspects of the economy, the insurance industry had been significantly affected by the overall economic and other policies existed in Ethiopia. Though the potential for growth is strong, the insurance industry is not delivering as expected due to structural bottlenecks and challenges at macro as well as micro levels.
Hence, to develop the industry, and achieve the growth envisioned, deeper understanding of the realities on the ground and enabling legal and regulatory framework is needed. On top of these, broader understanding of the industry perspective through the value chain, establishing industry conduct that will enhance consumer trust, identifying growth avenues and by crafting right strategies is also required. Above all liberalizing the sector in every aspect is needed to emancipate the industry.



It is an Africa-wide fact that the policies of the World Bank (WB) and the International Monetary Fund (IMF) such as structural adjustment programs (SAPs) through what is called the “Washington consensus”, which includes privatization across Africa, have been the cause of African stagnation and poverty so far. Apart from liberalization, which includes devaluation and related macroeconomic policies, privatization was one of the key policies that Africans need to undertake in order to get aid from the WB and IMF and through their seal of approval from the Western countries.



“An investment in knowledge pays the best interest,” wrote Benjamin Franklin. A fervent advocate for public education, and a founder of libraries, schools, and the University of Pennsylvania, Franklin viewed education as the foundation of human progress. If he were alive today, he would be horrified by the state of education in developing countries – and he would most likely be backing the International Finance Facility for Education (IFFEd) proposed by the International Commission on Financing Global Education Opportunity, led by former British Prime Minister Gordon Brown.




Ethiopian Business Review | EBR is a first-class and high-quality monthly business magazine offering enlightenment to readers and a platform for partners.



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