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Jun 1 , 2024 . By MUNIR SHEMSU

Weeding Out Debt, Seeding a Greener Economy

Jennifer Lee Morgan, inaugural state secretary of Germany and special envoy for International Climate Action, is spearheading a  shift in global financial structures to facilitate a sustainable transition towards a green economy. As a leading advocate for meeting the loss and damage demands of emer...

May 11 , 2024 . By TIZITA SHEWAFERAW

BGI Ethiopia Stirs the Pot with Bold Moves, Sour Realities

Herve Milhade, the CEO of BGI Ethiopia, believes he is steering the company toward a more consumer-centric focus. He emphasises that his goal is not to be a leader in paying taxes but to “become the leader in the heart” of consumers. His tenure began as Ethiopia emerged from a bloody and brutal civil war in the North, after the signing of the Pretoria Accord, marking a landmark for the company. Milhade's appointment coincided with the reopening of BGI Ethiopia's Raya Brewery in Machew, Tigray Regional State, which had been closed due to the civil war in the North. Under its French paren...


Jan 27 , 2024 . By MUNIR SHEMSU

Cloudy Horizons in the Digital Ecosystem

With a background in cybersecurity, CEO Charly Bahaous is from Israel and relocated to South Africa in 2006. Under his watch,  Touchnet has grown to encompass over 300 employees across various sub-sectors. The Company's portfolio includes a fibre management and construction business, cybersecurity sourcing and distribution, and a recently initiated remote hand's smart driving system with approximately 250 personnel on board. There is a 40-member staff based in South Africa dedicated to the Internet Service Provider (ISP) operations, complemented by numerous partners such as 251 in Ethiopia an...


Jan 7 , 2024 . By BERSABEH GEBRE

Inside the Quirky World of Ethiopia's Tech, Finance Mavericks

ABREHAM TILAHUN (Kacha) Abraham Tilahun, 40, married and a father of four, is an alumnus of Addis Abeba and Jimma universities and graduated in Banking & Finance and Accounting. Under his leadership, Kacha is the first private payment instrument issuer to obtain a license in 2022. Incorporated with 13 shareholders pooling 200 million Br subscribed capital, Kacha paved the way for others. When was the first time you used a computer? Ah, the early days at Addis Abeba University. Slow and steady might win the race, but it tested my tolerance. What is your biggest fear? AI deman...

Interview

Aug 4 , 2024

Patience - Consistency - Respect

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 d...

Dec 23 , 2023

Marcus Pledges to Offer Modern Ethiopian Experience

Fortune: What does opening a new restaurant feel like? Marcus Samuelsson: It is a homecoming. I have been in hospitality most of my life, so sharing this in my homeland is incredibly gratifying. Bo...

Oct 21 , 2023

Germany Takes a Stand

In a noteworthy gesture signalling its commitment to international peace and development, Germany has sealed an ambitious deal with the United Nations Development Programme (UNDP). The agreement, amou...

Sep 9 , 2023

TRADITION TALENT TRANSITION

At the forefront is Jemberu Demeke, a name that echoes local music evolution's rhythmic and lyrical potency. Yididya Wondwossen, fondly known by this artistic pseudonym, bridges the rich musical legac...

Sep 10 , 2023

The Untamed Spirit: Living Young, Wild and Free

Q: If we went through your car right now, what three things would we find? Aziz Ahmed: Glass case. Breaking too many eyeglasses is a perennial headache for a traveller. This one holds it tight, so...

Aug 19 , 2023

Audacious Blueprint: Partnership in Tackling Planetary Upheaval Caused by Climate Change

FORTUNE: What outcome do you hope for from the African Ministerial Conference on the Environment? Rose Mwebaza: This particular African Ministerial Conference hopes to examine three critical issues...

Jun 24 , 2023

France's Bold Bid to Reshape Development Finance Amidst Global Crises

Fortune: I understand this was not a summit for any particular resolution or trying to create any new international organisation. Can I say it was designed as a warming up for something big? Amb. M...

Apr 29 , 2023

A Minimum Wage Law Warrants Some Dignity

Fortune: How has the labour movement evolved through its tumultuous half-a-century history? Kassahun Follo: The beginning of the worker's union was completely different from its current state. Duri...

Apr 22 , 2023

Count on France and the Paris Club

Fortune: What principles and guidelines does the Paris Club follow when dealing with debt relief for long-term and debt-burdened developing countries like Ethiopia? William Roos: It is an informal...

Apr 15 , 2023

Apprehending Global Shifts in Climate Change

Q: It has been almost 35 years since the IPCC was born. How has your understanding of climate change over the past few decades evolved? What are the most significant findings that have shaped your cur...

Mar 18 , 2023

Unilever's Bold Strategy: Invest in Local Production to Shield against Global Disruptions

Q: Unilever was among the top 20 taxpayers a few years ago. However, it did not even reach the top 40 last year. Why? Stefan Cloete: We paid a record level of taxes last year - 85pc more than in 2...

Mar 4 , 2023

It’s about People, the Planet and Prosperity

Q: When it was established over 77 years ago, the United Nations was created to stop wars. Look at the world today; it is full of violent conflicts from Ukraine to Ethiopia. Do you find it frustrating...

Jan 24 , 2023

Inflation, Geopolitical Tension and Climate Change Torment the World

Project Syndicate (PS): You have often pointed out that inflation has been exacerbated by trade protectionism, which weakens the market competition that induces firms to keep prices low, and by immigr...

Jan 7 , 2023

Offloading Climate Responsibility on the Victims of Climate Change

Question: Climate change is a complex problem, but maybe there is a simple solution. What might that look like? Nnimmo Bassey: Simple solutions are avoided in today's world because they do not supp...

Oct 30 , 2022

Towards a Progressive Economic Agenda

Project Syndicate: From the start of your recent book, Mission Economy: A Moonshot Guide to Changing Capitalism - you argue that changing capitalism will require us to overhaul “how government is st...

Oct 15 , 2022

Capturing the "Missing Middle"

What makes the lab innovative? And a laboratory? Who selected the advisory board, and how can companies become eligible to get support from the lab? Our Managing Editor, Tamrat G. Giorgis, sat with Gi...


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During Taxing Times, Tax Hunt Tests the Limits of an Unsteady Economy

The fiscal puzzle deepens as the Council of Ministers approved a supplementary budget of ...

Editorial | Nov 23 , 2024

Independent Forex Bureaus Offer Valued Choice

Waktole Abdulahi, a long-time resident of Norway, was relieved when he was able to secure...

Featured | Nov 16 , 2024 . By KALKIDAN NEGASH

Mercato's Taxing Transformation Tests Tax Authorities

Business owners in Mercato, the largest open market, were left stunned by a sudden gridloc...

Agenda | Nov 24 , 2024 . By AKSAH ITALO

TAXING TIMES AT MERCATO

Business owners in Mercato were reeling from a crackdown on tax compliance that has disrup...

Fortune News | Nov 24 , 2024

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