LIBERAL LEAN


LIBERAL LEAN

An infrastructure pole around Bole is being moved on a busy afternoon. The first telephone infrastructure was extended from Harar to the capital city in 1894, during the reign of Emperor Menelik II. The state-owned Ethiopian Telecom has made significant headway since its reestablishment six years ago by cutting tariffs, expanding coverage, and entering new business avenues. The 130-year-old enterprise will avail a 10pc ownership stake as Ethiopia launches its inaugural stock exchange next year. It had revenues of 42.9 billion Br in the first half of the current year. The telecom operator which had a monopoly on telecom services for all but the last two years is the first of at least four SOEs poised to open themselves up to private ownership.


In-Picture

CORRIDOR CONUNDRUMS

A three-month road around German Square confuses drivers and pedestrians following a hasty construction. Traffic accidents have become common in the area after the roundabout was removed to widen the road and simplify movement through the area. Above half a billion birr is lost to damages arising from traffic accidents annually in Ethiopia. Over 400 casualties and 3,471 injuries due to traffic accidents were registered in the last fiscal year, with 80pc of the victims being pedestrians. Megenagn...


In-Picture

LIQUID ALLEGIANCES

Forum for regional integration and reasonable utilization of the Nile(Afri-run III) took place at the Skylight Hotel last week.(5th left to right)  Jafar Bedru , Executive director of Institute of Foreign Affairs, Misganu Arega , State Minister for Foreign Affairs and Sultan Welle (PhD), State Minister  for Water & Energy. Freshwater is “the world's most precious and exploited resource” reads the latest report by the Worldwide Fund For Nature(WWF) which estimated annual economic value...


In-Picture

NIMBLE COMMERCE

Street vendor lays out his merchandise at a bus stop around the Mexico roundabout. He looks to instigate impulsive purchases from pedestrians through a shifting marketplace. The Addis Abeba Trade Bureau is drafting regulations that restrict the type of products sold by street vendors. High levels of urban unemployment fueled in part by elevated rural-urban migrations contribute to the thriving informal sector. Recent estimates of the informal sector are around t 69pc in the capital compared to t...


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