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Mar 18 , 2023 . By Bjorn Lomborg

E-Procurement Promises Billions in Savings, a Blow to Global Graft

Corruption is an enormous, global challenge, likely costing more than one trillion dollars annually, or 120 dollars for everyone globally. World leaders have long promised to tamp down on corruption. Unfortunately, we are getting nowhere. A newly...

Sep 10 , 2022 . By Christian Tesfaye

Just Financial Sector Liberalisation?

The Council of Ministers made a very important decision earlier this month to allow foreign investment into the financial sector. The Council approved a policy that lays the foundation for liberalising the finance sector. Much work needs to be done before any foreign bank sets foot in Ethiopia. Proclamations and regulations need to follow the libe...


Jan 30 , 2022

Pay Debt Like A Lannister

Economics can be heartless. The field's obsession with numbers and taking the long-term macro view drives social justice activists crazy. Economists general penchant for models and large data sets drives the political left nuts. This disconnect informs the criticism against GDP as a measure of the wellbeing of a country. Aggregate economic output i...


Oct 9 , 2021 . By Christian Tesfaye

Population Explosion, For Better or Worse

There has been much to be said about the growth prospects of Ethiopia, like any developing African nation, the challenges going forward and the prevailing obstacles of today. Much of this debate revolves around the impacts of COVID-19 and the civil war, and the previous trends that have held growth back, such as the crowding out of the private sect...




Opinion

The Ethiopian Dream without the Ecosystem

Oct 2 , 2021      |      By Christian Tesfaye      |      18946 Views

Shark Tank is one of those shows everybody has heard about but not seen. Some of the names have become familiar, includi...

Market Dysfunction Creates 'Suckers'

Sep 26 , 2021      |      By Christian Tesfaye      |      33882 Views

Just about everybody likes Sun Chips. It is one of the few packaged and mass-produced snacks in Ethiopia that I would tr...

Glad the US Wants to Help, Unfortunate Sanctions Rarely Work

The international community's attitude towards Ethiopia's civil war has inspired heated debate, and for a reason. As it has done in Afghanistan, Syria and Yemen, we see in real-time as the global order utterly fails in protecting lives and finding a political settlement between c...

Sep 18 , 2021      |      By Christian Tesfaye      |      38347 Views

The Fail Proof Way to Keep Migrants Out of Europe

Europe has a big problem. The people of Afghanistan may be suffering from war, dislocation and poverty. Still, it can be an even bigger disaster if they try to escape this tragedy in the eyes of the Europeans. The European Commission may be big on human rights and democracy, but...

Sep 10 , 2021      |      By Christian Tesfaye      |      38362 Views

Euphemistically Least Developed

Some word processor programmes suggest the use of “developing” to “poor” when referring to a country. The justification is that the latter is somewhat derogatory. It is fitting for a world that has grown politically sensitive. Part of the idea is that countries may be eco...

Sep 4 , 2021      |      By Christian Tesfaye      |      37882 Views

Greed, Pride: Deadly Combination

There is a long-running sub-narrative in HBO's TV series Oz that is reminiscent of Ethiopia. The show is about the inmates of a maximum-security state correctional facility. Much drama takes place inside the prison, especially in a unit known as “Emerald City,” an ironically...

Aug 28 , 2021      |      By Christian Tesfaye      |      37422 Views

Glad the US Wants to Help, Unfortunate Sanctions Rarely Work

The international community's attitude towards Ethiopia's civil war has inspired heated debate, and for a reason. As it has done in Afghanistan, Syria and Yemen, we see in real-time as the global order utterly fails in protecting lives and finding a political settlement between c...

Sep 18 , 2021      |      By Christian Tesfaye      |      38347 Views

The Fail Proof Way to Keep Migrants Out of Europe

Europe has a big problem. The people of Afghanistan may be suffering from war, dislocation and poverty. Still, it can be an even bigger disaster if they try to escape this tragedy in the eyes of the Europeans. The European Commission may be big on human rights and democracy, but...

Sep 10 , 2021      |      By Christian Tesfaye      |      38362 Views

Euphemistically Least Developed

Some word processor programmes suggest the use of “developing” to “poor” when referring to a country. The justification is that the latter is somewhat derogatory. It is fitting for a world that has grown politically sensitive. Part of the idea is that countries may be eco...

Sep 4 , 2021      |      By Christian Tesfaye      |      37882 Views

Greed, Pride: Deadly Combination

There is a long-running sub-narrative in HBO's TV series Oz that is reminiscent of Ethiopia. The show is about the inmates of a maximum-security state correctional facility. Much drama takes place inside the prison, especially in a unit known as “Emerald City,” an ironically...

Aug 28 , 2021      |      By Christian Tesfaye      |      37422 Views

The Gig Economy to the Rescue

Gig working gets a bad reputation. This makes sense considering that much of the debate takes place in the developed world, and narratives are constructed from the perspective of the Global North. Gig workers are basically independent contractors. There is work to be done, and...

Aug 21 , 2021      |      By Christian Tesfaye      |      38445 Views

The Million Dollar Question to What Happens to Floated Birr

It has been an interesting week for the National Bank of Ethiopia (NBE). It sent out a message to all commercial banks that is consequential, to say the least. It ordered all collateral-based bank loans, even those loans that have been approved before it sent out the message on A...

Aug 14 , 2021      |      By Christian Tesfaye      |      39060 Views

The Miltonian Argument to Bring Political Stability

The power of markets to bring people together cannot be underrated. Milton Friedman, famed economist, infamous if one is more left-leaning, once used the pencil to describe how markets bring people together from around the world. He took from an example utilised by Adam Smith on...

Aug 7 , 2021      |      By Christian Tesfaye      |      38530 Views

Green Revolution Yet to Come to Ethiopia

No country has ever industrialised while remaining food insecure. There are examples of countries such as India that have jumped from an agriculture-based economy to more service-based, without going through the cycles of industrialisation and de-industrialisation that much of th...

Jul 31 , 2021      |      By Christian Tesfaye      |      38340 Views

Housing Predicament Needs Less Gov't

It is the dream of many to own houses. It makes sense. It is one of the few things that make life easier. Primarily, a home is wealth. It can be inherited and is usually a stable keeper of value. Especially in Ethiopia, where property prices appreciate at lightning speed, one can...

Jul 24 , 2021      |      By Christian Tesfaye      |      38333 Views

The Survival Guide to Ethiopia's High Inflation

Over the past two decades, there have been two significant economic challenges that have been a headache for policymakers. One is the foreign currency shortage, which famously led Sufian Ahmed, former Finance Minister, to remark that it would not be addressed in his lifetime. Ind...

Jul 18 , 2021      |      By Christian Tesfaye      |      38755 Views


Most read

Columns

Commentaries | Mar 18,2023

Confronting the Global Water Crisis

Life Matters | Mar 18,2023

A Week without Our Three-wheeled Allies

My Opinion | Mar 18,2023

E-Procurement Promises Billions in Savings, a Blow to Global Graft

Sunday with Eden | Mar 18,2023

Healing Societal Wounds through Clemency

Agenda | Mar 18,2023

Rainy City Calls for Running Water

Editorial | Mar 18,2023

Confronting the Axis of Threat: Diminished Assets, Inflation, and Trade Imbalance


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Editorial

Confronting the Axis of Threat: Diminished Assets, Inflation, and Trade Imbalance

Mar 18 , 2023

Ethiopia's economy once hailed as a paragon of growth and development, now faces a co...

Is Ethiopia Insolvent? Or Just Illiquid?

Mar 11 , 2023

Ethiopia is rapidly emerging as one of China's top African debtors, second only to An...

Nature May Cause Drought; Famine Results from Political Failure

Mar 4 , 2023

Once again, Ethiopia has claimed international attention in the past few weeks for re...

What Internet Shutdown Posit about Ethiopia’s World Standing?

Feb 25 , 2023

Millions of people in Ethiopia have continued to be deprived of access to information...

Sunday With Eden

Healing Societal Wounds through Clemency

I met Solomon Desta a couple of years ago. He lives and works in a religious institu...

Women Thrive Against All Odds

International Women's Day was celebrated on March 8th last week. However, for Ethiopia, it should be another reminder of how far behind the...

Life Matters

A Week without Our Three-wheeled Allies

A comedian made a joke about how citizens' wishes are not granted but rather what government thinks is ou...

A Longevity Quest to Parenting

As an only child, I did not experience life with siblings and I do not remember arguing with my parents. Perhaps when I became a teenager I...

Agenda

Rainy City Calls for Running Water

Mar 18 , 2023 . By BERSABEH GEBRE

Water is a vital utility for Dawit Assefa, a contractor and father of two who lives on the second floor of a condominium building. The natur...

Fed Broadens Tax Base Despite Mounting Inflation

Mar 11 , 2023 . By MUNIR SHEMSU

A series of discussion panels were summoned a couple of weeks ago at the Ministry of Finance headquarter...

Lost in Transportation: Teff Prices Spike Up

Mar 4 , 2023 . By BERSABEH GEBRE

Injera is a luxury food item for Birtukan Mengesha, a waitress at Addis Abeba University student's lounge...

Despite Wane Production Fish Market Blooms in the Capital

Feb 25 , 2023 . By DANIEL METAFERIA

As the sun sets and the cold wind starts to breeze, Birhanu Shambel, 29, goes out to work where he makes...

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

Confronting the Global Water Crisis

The world's water crisis can no longer be ignored. Unless we manage water properly, w...

Why Ethiopia’s Budding Startups Appeal to Global Capital?

Ethiopia has been overshadowed by its African counterparts, as 92pc of total tech inv...

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

Quenching Addis Abeba's Thirst

Mar 18 , 2023

Residents in the capital are all too familiar with the rationing of running water supply as the 0.48 million cubic meters of water pumped ou...

Benishangul-Gumuz State Most Expensive to Reside

Mar 18 , 2023 . By MUNIR SHEMSU

Consumers in the Benishangul-Gumuz Regional State feel the pinch of a high cost of living, exacerbated by...

Korean Firm Takes the Helm to Consult Bus Transit Corridors in Addis Abeba

Mar 18 , 2023 . By AKSAH ITALO

A Korean-based consultancy firm, DONG IL Engineering Consultants bagged the contract to conduct a detaile...

Price Thresholds for Horticulture Exports Rise Despite Quality Issues

Mar 18 , 2023 . By AKSAH ITALO

Authorities raise the minimum price threshold for horticultural products on vegetables and fruits exporte...