Running on Fumes: Ethiopian Tourism in 2020

The Great Bank Rush for Digital Gold

The Great Bank Rush for Digital Gold

June 5 , 2021 . By HAWI DADHI

For domestic businesses with a robust presence in the global market, the inability to accept small online payments from international customers remains beyond incomprehensible. It is a frustrating ordeal. Adam Overton...

Petrified Labour Cries  over Burdensome Living Costs

Petrified Labour Cries  over Burdensome Living Costs

May 29 , 2021 . By SAMSON BERHANE

The day Rabia Ali found a job was unforgettable for her family. She had to walk for two hours from her homeland, Siyomba, a small town in Amhara Regional State, to apply for the job at Kombolcha Industrial Park. It was t...

Shadows of the Glittering Bonanza

Shadows of the Glittering Bonanza

May 23 , 2021 . By BAMLAK FIKADU

This past Tuesday, the luxurious Sheraton Addis hotel was the venue for a rather unique event hosted by the Ministry of Mines & Petroleum (MoMP). The hotel was bustling with a motley crowd that seemed to have come in from all parts of the country to attend. Sec...

The Medical Sector Breathes, Amidst Need for More Air

The Medical Sector Breathes, Amidst Need for More Air

May 15 , 2021 . By HAWI DADHI

A sharp and deafening noise exhales from an oxygen production centre in the Saris neighbourhood, Nefas Silk District. Two sets of enormous machines operate at full capacity; they are so overpowering...

A sharp and deafening noise exhales from an oxygen production centre...

Easter Market Feeling the Pressure

Easter Market Feeling the Pressure

April 30 , 2021 . By HAWI DADHI

To anyone who had visited Shola Gebeya two months ago, it may have looked like one of Addis Abeba’s popular open markets was under self-imposed lockdown. Idle traders hungry for customers, sleepy sh...

To anyone who had visited Shola Gebeya two months ago, it may have loo...

Remittance, Losing its Battle Against the Parallel Market

Remittance, Losing its Battle Against the Parallel Market

April 24 , 2021 . By HAWI DADHI

Opened a few weeks ago, the Birmaji branch of the Cooperative Bank of Oromia (CBO), on Africa Avenue (Bole Road), was quiet and empty around lunchtime on Thursday. Two staff, an accountant and a custo...

Opened a few weeks ago, the Birmaji branch of the Cooperative Bank of...

What's Interest Free for Banking, Takaful for Insurance on Market

What's Interest Free for Banking, Takaful for Insurance on Market

April 17 , 2021 . By HAWI DADHI

It was an African invention, first developed in Sudan in the 1970s. An Arabic word roughly translated to "shared responsibility," Takaful is an insurance policy introduced to Ethiopia by a company in...

It was an African invention, first developed in Sudan in the 1970s. An...

On Forex Front, New Rules Bring New Problems

On Forex Front, New Rules Bring New Problems

April 10 , 2021 . By HAWI DADHI

For Fitsum Alemayehu (MD), general manager of Biotech Plc, an importer of pharmaceuticals, the waiting for approval to open letters of credit is unusually long. It has been one year and three months s...

For Fitsum Alemayehu (MD), general manager of Biotech Plc, an importer...