Customer Obsession, Ideal for Today’s Market Dynamics



My friends’ and I have this usual custom of having coffee reviewing the weekend’s papers and discussing what has happened over the week every Sunday morning. Our usual meeting place had been a renowned chain café lo...


Rethinking Profit Sharing During Expropriation


There are media reports to the effect that the existing expropriation proclamation would be amended in a manner that satisfies existing complaints, among others, about inadequacy of compensation. Expropriation is comp...


Time to Revisit and Revitalize Banks’ Crisis Preparedness


Considering the location of our major cities in and around the East African Rift Valley region, known for its turbulent seismic movements; given the average decade and half experiences of private banks and insurances, an...


The Mispriced Risk of Infectious Diseases


Global business leaders and investors are largely transfixed by two kinds of risk: macroeconomic and geopolitical. In the near term, this means a focus on the US Federal Reserve’s impending rate hikes and the upcoming...


Rewriting the Monetary-Policy Script


How long will major central banks blindly rely on rigid rules to control inflation and stimulate growth? Given the clear benefits of nimble monetary policy, central bankers need to open their eyes to the possibilities...


Bids for Bank Shares too Wild to Make Sense


With the resurgence of the private banking business in the economy in 1995, where Awash International Bank (AIB) was the pioneer private bank to commence operation that was solely confined to the state owned banks for ov...


Zero Innovation for the 10b Br Youth Fund


It was midday on a weekend, sitting with a friend sipping coffee enjoying the traditional coffee ceremony with popcorn in the Ambassador area that we started discussing the 10 billion birr budget dubbed the “revolving...


Refugees as Weapons of Mass Destruction


In the summer of 2015, Stephen Harper the former Prime Minister of Canada looked set to win his fourth consecutive election, scheduled for that October. Instead, his Conservative Party won just 99 of the House of Commons...


Climate Insurance Hot Prospect for Ethiopia


Weather-Based index insurance is a tool for small farmers to manage climate risk. In late October 2015 in Ethiopia, a total of 12,000 smallholder farmers in four regions started to benefit from this nation's first wea...


A Case for Launching Securities Exchange Market


Over the past decade, initial public offerings (IPS), real estates, and lease auction prices have been riddled with hype and follies. They have been accompanied by so much pain on the pockets of home buyers and investors...


Principled Civil Servants Key to Building Developmental State


Civil servants, while not necessarily a part of the governing party, play a crucial role in the coordination and implementation of policies in government. Problem identification, formulation, and implementation of all po...


How to Do Industrial Parks Right


On the February 12th issue of Addis Fortune newspaper (Volume 17, No. 876), I read a viewpoint about the industrial parks development in Ethiopia. While the viewpoint was good in terms of defining the industrial parks...


Sow knowledge, Reap Cash


In a little more than two decades since private players entered the banking industry in Ethiopia there is progress. The banks manage to channel and collect savings in the form of deposit to the tune of 27pc of the gross...


Crucial Leather Sector Needs Rescuing


The second edition of the Growth and Transformation Plan (GTPII) has laid out an ambitious plan for the leather sector to reach 800 million dollars in exports by 2020. As part of the country’s move towards more value a...


Diffusing the Ticking Time Bomb of African Youth


  Young people in Africa are not involved in policy making and rarely consulted in decision making. Many are jobless, angry and vulnerable to agitators who want to set fires that would send the youth in a paroxys...


Growth Strategy, Way To the Top for Africa


The most promising concept in the profession of accounting is the ‘Going Concern’ concept, explained in terms of time. There is no company for a day or a month; companies are formed for an indefinite period of time i...


Editorial

Two weeks ago, a landslide in the Repi area of Addis Abeba, commonly kn...


Agenda

The health sector has always been an issue that has long concerned the...


Fineline

There could perhaps be no political party in the wo...


Commentary

In today's growing market place, many businesses are trying to make pro...


Viewpoint

Uncertainty surrounding one of President Barack Obama’s signature...


Opinion

There are some studies which suggest the primary reason for the creatio...


View From Arada

It has been almost six months since the announcement of the state of em...


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