The stalls of Atkilt Tera market in Addis Abeba were uncharacteristically empty. Onions, a staple of Ethiopian cuisine and indispensable for holiday meals, have become scarce and prohibitively expensive. Prices have doubled in just three weeks, reach...
Sep 14 , 2024
Federal authorities are proceeding with a wage reform for the public service, a long-anticipated move to address economic hardships among public employees. According to officials familiar with the mat...
Sep 14 , 2024
Birr's relentless depreciation against the U.S. Dollar took a brief pause last week as the New Year holiday introduced an unusual calm to the forex market. Yet, beneath the surface, banks were intensi...
Sep 14 , 2024
The capital market is expected to see substantial growth in size and investment over the next four years, contingent on favourable macroeconomic conditions and successful policy implementations, accor...
Sep 1 , 2024
A new directive regulating food additives has been introduced, marking a step in safeguarding public...
The Civil Registration & Residency Service Agency (CRRSA) has undergone a major overhaul, upgrad...
Sep 14 , 2024
Buildings in Addis Abeba are mandated to open their parking spaces to the public, as part of a broad...
Sep 14 , 2024
Atkilt Tera, located in the Haile Garment neighbourhood, has not seen its usual activity. The vibrant market stalls for vegetables now stand largely empty, and the scarcity of onions, in particular, has left both traders and consumers in dismay. Pric...
Sep 14 , 2024
Successive regimes share a common legacy: a deep-seated commitment to education as a vehicle for economic growth and social mobility. From the reign of Emperor Menelik II to the present day, each administration could be subject to all sorts of critic...
Sep 14 , 2024
France's Ambassador to Ethiopia up until last week, Remi Marechaux, arrived in Addis Abeba four years ago with a dual mandate of representing his country and engaging with the African Union (AU). He dove into familiar waters from his previous role as Director General for Africa, using Ethiopia's anc...
Aug 4 , 2024
Hydropower generation reserve's annual opportunity cost (in dollars) by 2023. Although Ethiopia’s hydropower system is believed to maintain a massive reserve capacity to deal with dry years, maintaining such reserve is projected to lead to an opportunity cost due to lost potential exports. By retaining the hydropower reserve, Ethiopia forgoes potential income that could be earned from selling electricity to neighboring countries.
Sep 14 , 2024
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...
Oct 3 , 2020
Mike Hammer, the United States's special envoy for the Horn of Africa, told Tigrai Television that he is not happy with the progress made in implementing the Pretoria Accord, particularly the return of displaced people and withdrawal of non-ENDF forces from the region. He was in Addis Abeba last week, talking with officials of the federal government and the Tigray Regional State.
I found myself deeply engrossed in an interview on local media. The guest was Seble Hailu (PhD), a psychologist known for her efforts in addressing trauma. The host set a sombre tone from t...
Sep 14 , 2024