Ethiopian Business Review

Until recently, the construction sector has been instrumental in catapulting the nation to higher levels of development. The sector has been catalyzing the burgeoning of all the economic sub sectors such as modern agriculture and manufacturing. However, the construction sector is slowing down nowadays due to various factors such as political unrest and shortages of construction machineries as well as scarcity of finance and hard currency. On top of this, the sector is now confronting another hurdle: shortage of skilled manpower available to handle the maintenance and repair of construction machineries, as EBR’s Ashenafi Endale explores.

Saturday, 15 December 2018 00:00
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Shortcut to Industrialisation? 

The recent unveiling of the industrial park in Adama was just the latest in Ethiopia’s bid to open an industrial park in every region. The plan for industrial parks has always been to attract foreign investment into the country, and thereby start Ethiopia on the road towards industrialization, and eventually to middle-income status. However, many experts warn that the problem of industrializing the country reaches further than just providing a place with reliable electricity and infrastructure. In the face of nearly overwhelming optimism about industrial parks, some still have reservations, as EBR’s Ashenafi Endale reports.

Friday, 16 November 2018 12:00
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Can it help commercial banks mobilize more deposits?

Commercial banks in Ethiopia are currently engaged in ever-more stiff competition to mobilize deposits. Most notably, almost all of the banks have begun to use face to face marketing to gain the attention of new customers. It is now not unusual to see tellers from various commercial banks pleading with people in streets, cafes and other public places to open bank accounts at their respective branches. Experts argue that such methods of deposit mobilization are not effective or sustainable, and criticize banks for not coming up with products and services for the unbanked population, as EBR’s Samson Berhane writes.

Friday, 16 November 2018 06:00
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