Facts and figures show that the insurance density-cum-penetration level in Ethiopia is at the lowest point. While there are scores of factors, both from the supply and demand sides, one possible reason is dearth of research based insurance products and solutions that could meet the needs and socio cultural make up and religious standards of the society. The industry is highly dependent on conventional insurance products such as “motor” which constitutes the largest portfolio.

The financial sector in Ethiopia has been undergoing considerable changes in recent years. The dramatic rise in the number of new market players in the sector has vividly altered the competitive environment and increased the demand for skilled labour.

Quality is a flamboyant concept. It’s just hoax because it means different things for different people according to their experience, perception, desire or orientation. For some quality is being the best, for others it means being unique. Still for others quality means serving purpose. There are also others who consider quality as being different from the past. Therefore, discussions on quality issues may not bear results unless they are started with conversations that contribute to creating a common understanding.

“Science knows no country,” said the great nineteenth-century chemist Louis Pasteur, “because knowledge belongs to humanity, and is the torch which illuminates the world.” Today, the innovative technologies and ideas that are driving the Fourth Industrial Revolution belong to all of humankind, and they are proving Pasteur right in ways that he could not have imagined.

Marine Le Pen, the leader of France’s far-right National Front, claims that the twenty-first century’s defining battle will be between patriotism and globalism. US President Donald Trump appears to believe that it will be between “the very fake news media” and himself, backed by “the people” he claims to represent. They are both wrong.
The battle that will actually define this century will pit long-term thinking against short-term thinking. The politicians and governments that plan for the long term will defeat those that fail – or simply refuse – to look beyond the current election cycle.

The number of public universities in Ethiopia has increased from two in 1991 to 35 in 2015. With ten more planned to be established during the second phase of the Growth and Transformation Plan (GTP II). Not only that, the universities have also increased admission capacity in several folds, making it possible for the country to produce more than one hundred thousand graduates per annum. Private institutions of higher education also produce several thousand graduates annually.

Key Issues to Consider While Negotiation

Because of the booming hospitality industry in Ethiopia and the ever-increasing awareness of hotel owners about management contracts, hotel management by brand-affiliated operators is fast increasing. These contracts grant operational control of a brand – in this case, an international brand hotel chain – to a management company, usually based in the country of operation, in exchange for a fee.In consideration of this fact, the government has issued a basic regulatory framework of franchising to fill the gap in the absence of a detailed franchise law.

Since 2013, when Thomas Piketty published his much-discussed study of the distribution of income and wealth, inequality has been at the forefront of public debate in most advanced economies, blamed for everything from slow growth and stagnating productivity to the rise of populism and the Brexit vote. But inequality remains poorly defined, its effects highly variable, and its causes hotly debated.

The World Bank Group has just released Doing Business 2017: Equal Opportunity for All, the latest version of its flagship report. According to the Bank, the annual report is one of the world’s most influential policy publications, as it encourages countries to reduce the regulatory burden on the private sector. But there is a serious flaw in the report’s formula: the way it treats corporate taxation.

Commercial registration and licensing is one of the legal concerns subjected to frequent changes in regulatory governance – and for good reason: It is a key legal instrument in regulating and governing the private sector. In today’s ever-shifting global economy, governments should stay abreast of the needs and desires of the business community, enacting laws that promote and regulate their activities.