IMPRUDENT SCHOLARSHIP


IMPRUDENT SCHOLARSHIP

A vendor spreads a variety of books for sale around the Arat Kilo area near the pioneer university in the country. Adult literacy rates are around half in Ethiopia, with growing numbers exiting the school system due to conflict. A wave of reforms by the Ministry of Education has brought both hope and uncertainty to both parents and students. With three percent of examinees passing university entrance exams and the exit exams for senior university students lurking about, a decline in the number of new entrants into the workforce is expected by experts. Insinuations by the federal government on the unlikeliness of new hires as part of a civil service restructuring have also cast doubt over employment prospects for many students grappling with insurmountable odds of finishing their education.

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Radar

Parliament Enacts Solid Waste Management, Disposal Proclamation

Parliament has unanimously passed the solid waste management and disposal proclamation, marking a decisive move toward environmental sustainability. It mainly introduces stringent penalties for the use and distribution of single-use plastic bags, focusing on reducing pollution and promoting responsible waste practices. Under the new proclamation, individuals carrying plastic bags face fines ranging from 2,000 to 5,000 Br, while commercial producers, importers, and retailers may be fined betwe...


Radar

NBE Sustains Dollar Supply as Exchange Rate Rises

The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia's (NBE) foreign exchange auction held on June 5, 2025. This marks a steady increase from 133.17 Br in the previous round and 132.90 Br in the fifth. In the latest bi-weekly auction, the central bank offered 50 million dollars to 12 commercial banks. By comparison, 60 million dollars was supplied to 16 banks at 132.96 Br in early May. In April, two auctions distributed 70 million dollars to 26 b...


Radar

Holland Dairy Unveils Cold Facility, Reinforces Eco Goals Through New Treatment Plant

Holland Dairy has officially inaugurated a cold storage facility and commissioned a wastewater treatment plant, marking a significant step forward in its commitment to growth and sustainability. The event was attended by the Mayor of Bishoftu and the Ambassador of the Kingdom of the Netherlands to Ethiopia, showcasing both national and international support for the initiative. The new cold storage facility, with a capacity of over 400,000 liters of yogurt, is designed to enhance supply chain...