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Oct 12 , 2024

Can the Birrs Free Float Lift Economic Fortunes? Will It Fan the Flames of Instability?

The federal government's recent move from a fixed to a floating exchange rate system should be seen as more than a routine policy change. It rather represents a seismic transformation with profound implications for the country's economic stability an...

Oct 12 , 2024 . By Adekeye Adebajo

Africa's Place in the Emerging Global Order

Contrary to widespread expectations, the rapidly evolving geostrategic environment has not led to greater multipolarity. Instead, it has increased bipolarity between China and the United States (US), which are engaged in a cold war centred not on ideology but on technology. Former US President Donald Trump's 2018 tariffs on Chinese goods, on which...


Sep 8 , 2024 . By Geoffrey Heal

The Right Not to Be Lied to by the Powerful

Hardly a week goes by without a new piece of misinformation circulating online, from the freshet of conspiracy theories unleashed by the attempt on former President Donald Trump's life to Elon Musk tweeting the far right's false claim that the United Kingdom (UK) has a two-tier policing policy. Truth is under attack, and people know it. According t...


Sep 8 , 2024 . By Yuen Yuen Ang

China's Economic Paradox

Western observers often view China as either a rising superpower on the cusp of global dominance or a fragile country on the brink of collapse. These contradictory takes amplify only one side of China's economic trajectory: a tech boom alongside a growth slump. This paradox can be attributed largely to the directives issued by President Xi Jinping...




Commentary

Policymakers Should Be Cautious While Banking on Franco Valuta Scheme

Sep 1 , 2024      |      By Tesfaye B Lelissa (PhD)      |      1452 Views

The federal government's recent introduction of the Franco Valuta (FV) scheme clearly acknowledges the country's acute foreign currency shortage. While this measure may provide some immediate relief, it risks e...

Kenya's Lesson on Curbing Debt-Fueled Unrest in Emerging Markets

Aug 25 , 2024      |      By Vera Songwe and Ishac Diwan      |      1102 Views

The effects of recent contractionary monetary policy in the United States (US) are still playing out. It has often been said that the world catches a cold when the US sneezes. More broadly, advanced economies c...

Powering the Forgotten, the Urgent Race to Electrify a Warming World

Although we are fast approaching five years until the deadline for the Sustainable Development Goals (SDGs), we are still far from achieving SDG7, which calls for universal access to clean, affordable energy. Worse, we are in the middle of yet another year that will shatter heat...

Aug 18 , 2024      |      By Woochung Um      |      1055 Views

Energy Management Systems to Counter Rising Costs, Tightening Regulations

In today's fiercely competitive business world, where environmental regulations are becoming increasingly stringent, implementing energy management systems has emerged as a tool for achieving rapid and sustained financial gains. Modern industries need to recognise that ene...

Aug 10 , 2024      |      By Yemanebrhan Kiros      |      1686 Views

A Neglected Solution to the Development-Finance Gap

Last week, the United Nations (UN) convened world leaders and development experts in Addis Abeba to try to focus minds on the need for more development finance. In the face of tight government budgets, a looming debt crisis, and the chronic challenge of attracting private investm...

     |           |      860 Views

New Central Bank Strategy to Tame Inflation's Wild Ride

Two weeks ago, the National Bank of Ethiopia (NBE) introduced a new monetary policy framework, marking a notable shift from a decades-old monetary targeting strategy to an "inflation targeting lite" policy strategy. Spearheaded by the newly appointed governor, it is underpinned b...

Jul 27 , 2024      |      By Matias Assefa      |      1923 Views

Powering the Forgotten, the Urgent Race to Electrify a Warming World

Although we are fast approaching five years until the deadline for the Sustainable Development Goals (SDGs), we are still far from achieving SDG7, which calls for universal access to clean, affordable energy. Worse, we are in the middle of yet another year that will shatter heat...

Aug 18 , 2024      |      By Woochung Um      |      1055 Views

Energy Management Systems to Counter Rising Costs, Tightening Regulations

In today's fiercely competitive business world, where environmental regulations are becoming increasingly stringent, implementing energy management systems has emerged as a tool for achieving rapid and sustained financial gains. Modern industries need to recognise that ene...

Aug 10 , 2024      |      By Yemanebrhan Kiros      |      1686 Views

A Neglected Solution to the Development-Finance Gap

Last week, the United Nations (UN) convened world leaders and development experts in Addis Abeba to try to focus minds on the need for more development finance. In the face of tight government budgets, a looming debt crisis, and the chronic challenge of attracting private investm...

     |           |      860 Views

New Central Bank Strategy to Tame Inflation's Wild Ride

Two weeks ago, the National Bank of Ethiopia (NBE) introduced a new monetary policy framework, marking a notable shift from a decades-old monetary targeting strategy to an "inflation targeting lite" policy strategy. Spearheaded by the newly appointed governor, it is underpinned b...

Jul 27 , 2024      |      By Matias Assefa      |      1923 Views

Can Currency Swap Change the Game in Regional Economic Dynamics?

The central banks of Ethiopia and the United Arab Emirates (UAE) have recently established a groundbreaking currency swap agreement, promising to reshape the economic relationships between East Africa and the Middle East. The deal prescribes a nominal value cap of up to three bil...

Jul 27 , 2024      |      By Tesfaye B Lelissa (PhD)      |      2095 Views

Can NBE Turn the Tide in New Framework, Old Problems Trap?

The National Bank of Ethiopia (NBE) announced a "new" monetary policy framework with much publicity. The central bank described it as "a historic step that will better align its policy tools with modern central bank practices and address some long-standing weaknesses in the macro...

Jul 20 , 2024      |      By Matias Assefa      |      2387 Views

A Heated Solution to Industrial Emissions, Energy Woes

Committed to international climate change initiatives, Ethiopia faces problems in reducing energy consumption and emissions. Its leaders' ambitious goals, articulated through the Clean & Resilient Green Economy (CRGE) initiative and nationally determined contributions (NDCs)...

Jul 13 , 2024      |      By Yemanebrhan Kiros      |      2296 Views

The False Distinction Between Industrial, Economic Policy

After decades of disparagement and disdain, industrial policy is back on the global economic agenda. Perhaps the strongest evidence of this rehabilitation is a recent international conference on rethinking structural transformation, cosponsored by the International Monetary Fund...

Jul 13 , 2024      |      By Celestin Monga      |      1386 Views

Post-Harvest Losses Remain Ethiopia's Billion-Dollar Food Dilemma

Ethiopia faces a pressing challenge in feeding a population projected to reach 205 million in the next 25 years. While increasing food production is necessary, the country can enormously boost its crop output and ensure food security by enhancing post-harvest management practices...

Jul 7 , 2024      |      By Sofia Ahmed and Teklemariam Awoke      |      2799 Views

How South Korea Broke the Development Mold

South Korea is one of the few countries to transform itself from a low- to high-income economy, and the only country to go from a recipient of aid from the OECD's Development Assitance Committee to a DAC donor. It achieved this not by blindly following a pre-designed development...

Jul 7 , 2024      |      By Keun Lee      |      1591 Views


Most read

Columns

Commentaries | Oct 12,2024

Can the Birrs Free Float Lift Economic Fortunes? Will It Fan the Flames of Instability?

Life Matters | Oct 12,2024

Threads of a T-Shirt

My Opinion | Oct 12,2024

U.S. Envoys Misfire on Growth Raise Questions Over Diplomatic Messaging

Sunday with Eden | Oct 12,2024

Filthy Reality of Public Spaces

Agenda | Oct 13,2024

Coffee Exporters Left Steaming as Central Bank's Forex Grind Brews Trouble

Editorial | Oct 12,2024

With the Horn Edging to the Brink, Regional Leaders Should Extol Trust


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Editorial

With the Horn Edging to the Brink, Regional Leaders Should Extol Trust

Oct 12 , 2024

In his inaugural address on October 27, 2024, Taye Atseqesellasie, the fifth presiden...

Birr's Unmoored Descent Threatens to Drown an Economy Awash in Debt

Oct 5 , 2024

Not long ago, the sight of exchange bureaus in Addis Abeba was as rare as a cloudless...

Not to Turn the "Land of Origins" into a Land of Uneven Promises

Sep 28 , 2024

In the early 2010s, Ethiopian authorities found themselves at odds with the Internati...

The Civil Service Gets a Pay Boost, But Inflation Laughs Last

Sep 21 , 2024

A nurse in Addis Abeba shares a cramped one-room apartment with three colleagues. Her...

Sunday With Eden

Filthy Reality of Public Spaces

I recall watching a historian passionately defend the origins of one of the ancient castles in Ethiopia. What caught my attention was the a...

Heedless Urban Development, Neglect Turn Streets into Lethal Hazards

Last week, during an evening drive, my family and I narrowly escaped a catastrophic road accident. As...

Life Matters

Threads of a T-Shirt

I witnessed a wave of frustration from my friend when her older brother refused to let her wear his shirt. Her reaction came in the context...

Playgrounds of Neglect

Choosing a kindergarten for my son was supposed to be a straightforward task, but it quickly turned into a path through a landscape of negle...

Agenda

Coffee Exporters Left Steaming as Central Bank's Forex Grind Brews Trouble

Oct 13 , 2024 . By AKSAH ITALO

A recent directive is roiling the coffee industry, following the Central Bank's requi...

Addis Abeba University's Autonomy Shuts the Door on Brightest Minds

Oct 6 , 2024 . By BEZAWIT HULUAGER

For as long as he could remember, 18-year-old Menase Samuel had dreamed of studying s...

Inflation, Insecurity Leave the Tourism Industry Smouldering

Sep 28 , 2024 . By BEZAWIT HULUAGER

For 43-year-old Alemnesh Neri, travels to her hometown of Gumer in central Ethiopia h...

Legacy Businesses Face Succession Struggles, Market Shifts

Sep 22 , 2024 . By AKSAH ITALO

Heleanna Georgalis never anticipated that she would become the fourth-generation prop...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Commentaries

Can the Birrs Free Float Lift Economic Fortunes? Will It Fan the Flames of Instability?

The federal government's recent move from a fixed to a floating exchange rate system...

Africa's Place in the Emerging Global Order

Contrary to widespread expectations, the rapidly evolving geostrategic environment ha...

Fineline

Leaders of the National . . .

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 me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Fortune news

COFFEE EXPORTERS ROAST CURRENCY RULES

Oct 13 , 2024

A new directive by the Central Bank requiring coffee exporters to convert half of the...

Regulatory Storm Looms Over Microfinance as Auditing Flops Spark Crackdown

Oct 13 , 2024 . By AKSAH ITALO

The National Bank of Ethiopia (NBE) is heightening its regulatory oversight of microf...

Fertiliser Shortfall Worries Cast Shadow Over Agricultural Ambitions

Oct 13 , 2024 . By BEZAWIT HULUAGER

Despite a substantial boost in budget and import volumes, farmers may contend with fe...

Rising Fuel Prices Ignite Concerns Over Subsidy Impact, Economic Strain

Oct 13 , 2024 . By BEZAWIT HULUAGER

Fuel prices have spiked, exacerbated by global supply disruptions and a weakening Bir...

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