Ethiopian Business Review

It has been widely recognized that the Ethiopian international trade has been in trouble for so long despite the growth it has been registering. The time consuming and costly customs clearance process, the weak and poorly coordinated logistics and transport services and the underdeveloped warehouse and inspection mechanism among others have been obstructing the performance of the sector.

Wednesday, 14 August 2013 23:29
Published in Economy & Finance
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Worku Girma spent nearly two years looking, unsuccessfully, for work after graduating in Law from Wollega University, one of the recently established higher institutions in the country. Back then, he would probably never have imagined that he would be a designer at a shoe factory for a Chinese company. Yet, that was what happened after he completed three weeks of training the company gives for new employees. He currently works for Huajian International Shoe City, which is one of the companies nested in the Eastern Industrial Zone.

Wednesday, 17 July 2013 20:28
Published in Investment
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If you go to Mesalemiya, near Africa’s largest open air market Merkato, you likely find yourself dodging cars, pedestrians, donkeys and carts struggling to reach their destinations. And adjacent to this world where traders and buyers barter loudly all day and grain is unloaded from dusk till dawn; you will also come upon the entrance gate for Ethiopia’s only public mental hospital, Amanuel Specialized Hospital.

Wednesday, 17 July 2013 20:21
Published in Society
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Almost 100 years before Columbus discovered America, a Chinese explorer named Zheng He (also known as Cheng Ho) led seven expeditions from China all the way to the Cape of Good Hope in South Africa. His ships are said to dwarf anything sailed by later European explorers and continue to amaze today. In all, it is estimated that he had between 48 to 317 ships with a crew of over 28,000 men. During each of Zheng’s voyages, he brought back diplomats from other countries or encouraged ambassadors to go to the capital Nanjing on their own, according to historical records.

Wednesday, 17 July 2013 17:16
Published in Investment
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In Ethiopia, prosecution for corruption has been rare, which is why establishing the Federal Ethics and Anti Corruption Commission (FEACC), in 2001, was seen as a ‘game-changing’ move by the government. Although there have been notable arrests in the past such as Tamirat Layne, prime minister of the transitional government, Siye Abraha, former minister of defence and Abate Kisho, former president of the Southern Nations Nationalities and Peoples Region, some argue that arrests were politically motivated and that corruption from big players on Ethiopia’s political and economic stage went un-checked by an enforcement body seen as weak and a public seen as apathetic.

Wednesday, 17 July 2013 17:10
Published in Society
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Zewde Zeleke (PhD), general manger and owner of Biyo Agricultural Development, has received 6,749 hectares of land to develop a commercial farm in Benishangul Gumuz regional state, almost a decade ago. The farm was profitable and earned him an award for the export crops he grew. He created more than a thousand jobs for the local community and provided supports including building roads and helped train residents in new farming technologies. This is what the government had in mind when it encouraged local investment in commercial farming.

Wednesday, 17 July 2013 17:01
Published in Economy & Finance
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For many, the untimely death of Meles Zenawi, Ethiopia’s long-serving and able prime minister, on August 20, 2012 was considered as a serious threat to the country’s unity. This was because; the premier had been too powerful as he had drawn overwhelming political and military control particularly after 2001. His sudden death after 21 years of firm control was anticipated to create vacuum and power struggle within the ruling Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF) and the four parties that constitute it.

Wednesday, 17 July 2013 16:57
Published in People
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In May 2000, The Economist, the English weekly, came out with “Hopeless Africa” as its cover page story. The article depicts Africa as a messy place. It goes as far as painting corruption, brutality and despotism as part of the culture of African societies. A decade later, the magazine changed its pessimistic outlook and came out with a positive story: “Africa Rising: The Hopeful Continent,” and explained why the future is Africa.

Wednesday, 26 June 2013 07:33
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One of the videos recently posted on the official website of Project Hopeful, an advocacy group for adopting children with HIV/ AIDS based in the USA, shows the testimony of a fourteen year old Ethiopian girl. The girl named Selah Twietmayer narrates her adoption story, how she was saved by the Twietmayers family from an orphanage in Ethiopia, where she lived as an HIV infected orphan.

Tuesday, 25 June 2013 20:13
Published in Society
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