Great Trade Expectations Behind the US-Ethiopia Trade Relations


Ethiopia is abuzz with the pending historic visit of US President Barack Obama. This is easily understood in light of a relationship between both countries that is more than a century old. However, unsatisfactory trade relations and limited US investment prevail in spite of initiatives such as the African Growth Opportunity Act. This theme is explored by FORTUNE STAFF WRITER, BROOK ABDU as he engages private investors and development partners in the conversation about possible outcomes of President Obama’s visit.


Civil Society’s David in Quest for Goliath’s Tax Dollar

Civil society’s push for a UN global body to effectively address tax evasion, could not withstand the might of rich and powerful forces present at the Third International Conference on Financing for Development. The latter opted for maintaining the status quo with regard to the role of the OECD in decision-making about global tax standards, while the former produced The Civil Society Declaration reiterating the need for global decision-making on taxes to be more inclusive. FORTUNE’S STAFF WRITER, HIDAT ARKEBE, zooms in on this particular issue and shares the position of this seemingly still marginalised sector in a process that cannot be sustainable if not people-centred.


Ministry Allocates Budget for Ongoing Roads Only

While the Ministry of Transport is planning to construct new roads for GTP II, the Ministry of Finance & Economic Development has budgeted only for the completion of ongoing road projects. FORTUNE’s STAFF WRITER, DAWIT ENDESHAW takes the long budget road from parliament to stakeholders involved in providing road infrastructure in order to understand the challenges and the cost of correcting them.


Penalties for Poor Quality in Medical Training Colleges

The quality of Continuing and Higher Education is cause for concern and in terms of penalties and corrective action, those providing training in medical and dental health disciplines have come under close scrutiny, with some barred from admitting new students. FORTUNE’S STAFF WRITER, DAWIT ENDESHAW spoke with students, administrators and regulators to find out how inadequacies and breaches in the sector are being addressed.


Proposed Amendment to Social Security Scheme Highly Debatable

There are arguments for and against the proposed amendments to existing provision for the administration and payment of social security benefits with private sector employees bracibg themselves to bear the brunt. However, the inclusion of temporary contract workers in the public sector is positive. As FORTUNE’S STAFF WRITER, BROOK ABDU talks with various stakeholders he finds out that some of the proposals are not in keeping with the law.


Mass Transportation Mess : The Poor Traffic Management in Addis Abeba

Despite various initiatives taken by the agencies responsible for the provision and management of the public mass transportation system in the city, commuters are still not adequately serviced. FORTUNE’S STAFF WRITER, BROOK ABDU, discusses the challenges and solutions with experts, service providers and fellow commuters.


A Precarious Budget

Concern is being expressed about the budget for the new fiscal year expected to finance the first year of GTP II and the sustainable development goals. While it has been accepted by the Council of Ministers, it is yet to be discussed by the Budget & Finance Affairs Standing Committee. However, as macroeconomic experts point out to FORTUNE STAFF WRITER, BROOK ABDU, the deficit is not properly counted and there is real risk of increased inflation.


Lentil Scarcity Hits Consumer Pockets at 50 Br per Kilo

Lentils are an Ethiopian food staple prepared in a variety of delicious ways. Their scarcity on the market due to late and low rainfall and disease has driven up prices and affected consumption. DAWIT ENDESHAW, FORTUNE STAFF WRITER gets at the heart of the lentil production and distribution cycle as he talks with farmers and traders of this highly valued food.


Voting Day Violations

Results of the count in the fifth national election have begun to be released but there is discontent in opposition camps where there are several accounts of mismanagement. Breaches ranged from campaign posters and armed persons in and near polling stations, to questionable treatment of ballot papers. Some of these were witnessed by FORTUNE’S STAFF WRITERS, BROOK ABDU AND DAWIT ENDESHAW, whose observer review follows.


The Campaign Is Over, Ethiopians Vote Today

An election campaign may have its challenges but there is due process to be followed. The NEBE has taken pains to ensure that all comply with the law in the exercise of the franchise to select political leadership for the next five years. While the critics and pundits have had their say, DAWIT ENDESHAW FORTUNE STAFF WRITER, bears witness that today it is the people who exercise their power.


NO RAIN, NO GRASS, NO MILK

Now that consumers want to enjoy their milk in the non-fasting season, they are faced with limited supply and higher prices. SNETSEHAY ASSEFA, FORTUNE STAFF WRITER went in search of the milk and managed to purchase her half litre, while hearing recommendations from the market place.


International Schools, Illegal but Allowed

An investigation of international schools in Addis Abeba, unearthed a mixture of curricular provision including local and international content in the various categories of schools within the education system. However, as FORTUNE STAFF WRITER, BROOK ABDU, discovers, there is no law that authorises the operation of international schools.


THE FOREX QUANDARY

One of Addis Abeba’s black markets for hard currency is also one within reach of the several branches of both public and private banks. People walking by are approached by…


Massive Show of Grief, Outrage

On Wednesday, FORTUNE STAFF WRITER, DAWIT ENDESHAW joined throngs of mourners in the massive demonstration called by the government to condemn the atrocious killing of Ethiopians in Libya by the ISIL. What he witnessed was a spilling over of sadness and anger that led to some arrests and left several people injured.


Editorial

As they are preparing to host their historic guest, President Barack Ob...


Agenda

Ethiopia is abuzz with the pending historic visit of US President Barac...


Fineline

It is the memory of those at the gossip corridors t...


Commentary

Fully understanding the relevance of President Barack Obama’s visit t...


Viewpoint

Published two days apart, two of the widely read newspapers in Addis Ab...


Opinion

In 1950, people in South Korea and Pakistan earned roughly the same amo...


View From Arada

Ethiopia is expected to host President Barack Obama, for a day and half...


Editors Pick










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