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July 2 , 2022

Giving Peace a Chance. Long Overdue.

After nearly two years since the civil war broke out in northern Ethiopia, adversaries in this regrettably brutal conflict appear to have realised that there neither is victorious nor the vanquished. Now the most arduous journey in making peace is on the horizon. Ideally. "We want to give peace a...

June 25 , 2022

The Local Elections Everybody Forgets About

It is not the best of times to be in charge of governance in Ethiopia, whether at the federal or regional levels. The news of atrocities coming from around the country is horrific. Enervating insecurity over the past four years in all but Somali Regional State is abound. Ethiopia is one of the 10 conflict zones to watch this year, according to Armed Conflict Location & Event Data Project (ACLED), a conflict mapping project under the University of Sussex. It monitored 1,650 violent political conflicts last year, causing no less than 8,500 casualties in lives. The recent massacre of hundr...


June 18 , 2022

Central Bank Shoots Itself in the Feet. Again!

Some of Ethiopia's economic policymakers may take solace from realising that inflation is a global phenomenon. It would be unwise to disregard their reading on what transpires around the world. In the United States, inflation reached a four-decade high; the United Kingdom, the European Union and China are battling the beast. Not even Japan, with an economy under the grip of deflation before last year, has been spared the scourge of soaring prices. At 3.81pc, the global average inflation rate is the highest in a decade, although lowered by one percentage point from last year. Lockdowns cause...


June 11 , 2022

What Agenda the Budget Bill Serves?

The stereotype many people have of parliamentarians is as clueless seat fillers who exist to rubber stamp legislative bills drafted by the powerful executive body of government. To defeat the stereotype, lawmakers have yet to show as much autonomy of thought as their constituents might have liked to see, partly because almost all of them are part of a supermajority in parliament. But the questions they raised as Ahmed Shide, Finance minister, tabled the budget bill was surprisingly perceptive. Federal legislators seemed to realise the significance of the session and the peculiarities of the bu...

Editorials

June 4 , 2022

Ethiopia Sleeps at the Wheel in the Race for Regional Integration

It was an institution confident in its mission, capabilities and progress that was on display during the African Development Bank’s (AfDB) most recent annual conference in Accra, Ghana. The weeklong...

May 28 , 2022

Cheap Global Capital Era Over. Time to Reimagine Infrastructure Financing

There seem to be all types of wars these days. Civil wars, from Ethiopia to Myanmar; inter-state wars and geopolitical apprehensions, from the Russian invasion of Ukraine to China's growing tension wi...

May 21 , 2022

Capital Market Does Little to Help Crowded Out Private Sector

There was a great deal of handshaking and patting each other on the back at the Hyatt Regency, near Mesqel Square, where the bigwigs of the new economic policymaking team gathered. Ahmed Shidie, Finan...

May 14 , 2022

Macroeconomic Council's Glaring Omissions

Diana Yohannes is one of those actively engaging in social media platforms with her Twitter account @Shai-buna. She is enthusiastic about faith related subjects. But her recent tweet poked a pertinent...

May 7 , 2022

Stagflation Here: Damn If You Do, Damn If You Don't

The Ethiopian Economic Association (EEA) recently proposed the formation of a macroeconomic board to stabilise the galloping prices of goods and services. It may have been a desperate call in an era t...

April 30 , 2022

War Cost Emaciates Agricultural Productivity. Stop the War!

There is no ambiguity in the UNDP's assessment of Ethiopia’s economic performance and prospects. A quarterly economic profile on Ethiopia, released in March this year, portrays a rather dismal pictu...

April 22 , 2022

The Sharing Economy Needs Less Policing, More Support

Most African countries top the list when ranked on the prevalence of conflict, food insecurity, poverty or lack of essential services. Ethiopia is no exception to this. On the contrary, those same cou...

April 16 , 2022

More Farmlands, Less Battlefields in Times of 'Hunger Pandemic'

Earlier this year, a pandemic that ravaged the world was finally subsiding, and demand for consumer goods increased. Some dared to theorise that countries were entering the 'roaring twenties' when sev...

April 9 , 2022

The Battle for Peace with Few Allies, No Time!

The heartbreak from Ethiopia’s civil war has not abated. Not even close. A few months shy of its second year, the war has induced a new chapter in almost three decades of relative peace and economic...

April 8 , 2022

Choosing the Lesser Evil in Macroeconomic Course Correction

By the government's own admission, the macroeconomic reality for Ethiopia is distressing. Consumers battered by inflation find the answer to their bind in life in the first-quarter report recently rel...

March 26 , 2022

Rule by Fiat Remains Yinager Dessie's Unceremonious Legacy

There has rarely been a time when the National Bank of Ethiopia (NBE) is in the spotlight, at least for those that pay close attention to the macroeconomy, as it is lately. The prices of goods and ser...

March 19 , 2022

New World Order on the Ascent. Ethiopia Better Buckle Up!

A crisis that should be familiar to Ethiopians is taking place in the eastern part of Europe. A “military operation” that was supposed to take a few days has been grinding and escalating into a di...

March 12 , 2022

Treasury Bill Financing with Reckless Abandon. Not Wise!

Nassim Talib, the author of an acclaimed book titled "The Black Swan", recently tweeted about his observation made years ago: "Economists didn't get anything right." Those in the economics discipline...

March 5 , 2022

Ukraine War Spells Bad for Ethiopia's Balance of Payments

This decade has not started well for the global community. A once-in-a-century pandemic, COVID-19, inaugurated it and the economic crisis it wrought around the world. Now, a war has come to Europe's d...

February 26 , 2022

GERD Remains a Monument for Cooperation, Solidarity!

A little over a decade ago next April, Meles Zenawi gave one of his indelible speeches from the little known valley of Guba in the Benishangul Gumuz Regional State. His administration connived with an...

February 19 , 2022

Responding to Ethiopia’s Macroeconomic Achilles' Heel

It must have been exasperating for the policy kingpins in Prime Minister Abiy Ahmed (PhD) Administration to see the International Monetary Fund (IMF) skip Ethiopia - perhaps for the first time - from...


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Editorial | Jul 02,2022

Giving Peace a Chance. Long Overdue.


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Read More

Giving Peace a Chance. Long Overdue.

After nearly two years since the civil war broke out in northern Ethiopia, adversaries in...

Editorial | July 2 , 2022

Wedding Industry Rejoices Business Rebound

Matrimony is never a dull affair in Ethiopia. Contesting "My Big Fat Greek Wedding", it is...

Featured | May 28 , 2022 . By REDIET KASSAHUN

Is the Coffee Bonanza Here to Stay?

On a rainy afternoon last week, a coffee processing facility in the capital's Akaki-Qality...

Agenda | July 2 , 2022 . By RUTH TAYE

COFFEE: TOUR DE FORCE

In an economy that has slowed, where consumers are hammered by inflation, and the private...

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