Jun 17 , 2023
As Ethiopia teeters on the precipice of a fiscal tightrope, clouds of worry are gathering for the country's economic custodians. The lurking spectres of a severe foreign exchange crisis, burgeoning ex...
Jun 10 , 2023
The recent Prosperity Party (PP) convocation unfolded under the incumbent leader's intent gaze, Abiy Ahmed (PhD). The gathering was not just a political spectacle; it was the manifestation of an ideol...
At the hub of Ethiopia's fiscal planning on King George VI Street, the country's budget formulation wheels for the upcoming fiscal year are now in full swing. Finance Minister Ahmed Shide and his cadr...
May 27 , 2023
Tauted as a somnolent giant, Ethiopia's financial scene now stirs, roused by favourable demographics, geostrategic position and untapped markets, offering a tantalising prospect for growth. An incessa...
May 20 , 2023
The pungent irony wafting from Pretoria last week was hard to miss. Cyril Ramaphosa, the South African president, grandly announced a peace mission to Moscow and Kyiv, offering to mediate the end of R...
May 13 , 2023
In March this year, Kamala Harris, the United States Vice President, visited Ghana, Tanzania, and Zambia as her first tour to Africa since taking office. With ancestral ties in Zambia, Harris addresse...
May 6 , 2023
The history of the Ethiopian labour movement dates back to the 1940s, marked by periods of struggle, tribulations, and occasional triumphs. Workers have fought for democratic rights and demanded impro...
Apr 29 , 2023
Public frustration and bewilderment were palpable as motorists queued up for hours in Addis Abeba last week. The sudden edict by the transport authorities mandating fuel purchases through mobile payme...
Apr 22 , 2023
Ethiopia remains a country with a literacy rate of over 50pc, compared to Kenya's 82pc. It did not stop the World Bank from commending the substantial progress made in the social services sector, part...
Apr 15 , 2023
The International Monetary Fund (IMF) released its annual outlook on the global economy last week, forecasting an optimistic prospect for Ethiopia's economy next year. Ethiopia is expected to have the...
Apr 9 , 2023
As the current fiscal year draws to a close, over 170 federal agency heads frequent the Ministry of Finance on King George VI St., jostling for their share of the federal budget. If past trends are an...
Apr 1 , 2023
Teshome Toga, a seasoned public serviceman, now bears the weight of immense responsibility. Having spent years as a diplomat in Kenya, later serving as a Speaker of Parliament, and subsequently return...
Mar 25 , 2023
At a crossroads, Addis Abeba finds itself on the precipice of monumental transformation. Nearing four million residents (the World Bank puts it at 4.8 million), the bustling city boasts a young, relat...
Mar 18 , 2023
Ethiopia's economy once hailed as a paragon of growth and development, now faces a confluence of challenges, including falling net foreign assets, an expanding trade deficit, and escalating inflation...
Mar 11 , 2023
Ethiopia is rapidly emerging as one of China's top African debtors, second only to Angola, which owes the second largest economy in the world 42.6 billion dollars. Although Ethiopia owes only a little...
Mar 4 , 2023
Once again, Ethiopia has claimed international attention in the past few weeks for reasons that are rather unsavoury. A few weeks after the federal authority's declaration the country has joined a lis...
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