PM Stumbles as he Attempts to Fill Shoes of Meles Zenawi

Handpicked and groomed to take the sticky position and overbearing responsibility, Prime Minister Hailemariam Desalegn has attempted to be the agent of progress that the late Prime Minister Meles Zenawi – the face of the armed struggle that liberated Ethiopia – was . On top of the monumental task of sustaining the double figure economic growth of the country, Fekede Brook argues, he has also tried to put his own signature and voice to the old narrative.

Undesirable Side Effect of New Guideline on Relinquishing Shares

The matter can be resolved without compromising the Commercial Code of Ethiopia and accounting practices and in a way more convenient to financial institutions, according to Abdulmenan H. Hamza. The NBE previously issued directives that require set level of paid capital for banks and insurance companies. There are possibilities of share repurchases amounting reduction of paid up capital if there is no enough accumulated profits to absorb them. The implication of the guideline on previously set level of capital should have been observed.

Canada and Canadians Are No Stranger in Ethiopia

I gave the Minister a road-map on how he could have made an impression to us through Canada’s ambassador to Ethiopia, Philip Baker. He could have met the editorial team behind Addis Fortune newspaper but only granted us a small interview at the Canadian Embassy; we could have met him for Poutine or go for a jog with local Olympians. It was a shame that he was in Ethiopia and left without meeting and having a conversation with the many Canadians he represents in Ethiopia and instead decided to stay in an elitist bubble reflect, Samuel Getachew, an Ethiopian-Canadian, now based in Addis Abeba.

The “Ethnic” Group Underrepresented in the Cabinet

It should have been easy for our Prime Minister, who is privileged to be surrounded by four outstanding women in his private domain, to see women in a different light, explains noted activist, Selome Tadesse. His and our daughters should be able to see that they are worthy of a role in charting the path their nation embarks. But for now, the promise we get from our Prime Minister is that there will be more women in middle and lower leadership positions.

Hillary Clinton: Better the devil you know

I hope Hillary becomes the 45th president of the United States, not because she is an exceptional candidate but because she is the better candidate compared to Donald Trump. Her blind ambition, not the commitment she has for public office, is what turns most away from the Clinton brand, writes, Samuel Getachew, an Ethiopian-Canadian, now based in Addis Abeba.

A Predicament Found Not on Ideology But Purpose

Balancing the tension between the centre and the periphery, choosing between today’s utility needs and investing in our future; sharing resources across the federal republic and strengthening the regions; these are all bones of contention in our Federal Democracy according to Tsedeke Yihune(Eng). What the Prime Minister makes of all these advantages before the need to renew a six-month old emergency law poses itself again as a temptation will mostly depend on his ability to lead this dream team of his peers.

Obama Exits, Having Gently Bent the Arc of Justice

Historians will not judge Obama as America’s best, nor second or third. He was not. He was an average president but symbolically, he remains a powerful voice for good and he will still be one, when he leaves office. I remain hopeful, he will use his voice, to finish the work he started as President, reports Samuel Getachew, an Ethiopian-Canadian currently based in Addis Abeba.

Free Trade is the Way to Go

Free Trade the mantra of the rich countries for over quarter of a century is now being challenged. Such has not come due to its dwindled economic gains but for populist tendencies. Bjorn Lomborg, a visiting professora visiting professor at the Copenhagen Business School, is Director of the Copenhagen Consensus Center, criticizes this move driven by public fear presenting concrete evidence why it should still be the way to go

Untangling Ethiopia’s Export Mixed Bag

Ethiopian exports are still lagging far behind their potential, with a vast number of limiting factors. The difficulty for new actors to become active in the sector is one such bottleneck to its progression, with a limited number of experienced companies dominant. Also, limited value addition and poor marketing are areas in need of improvement. The government must look at ways to improve access to export businesses to new companies, reports Wondwossen W. Mebrat, an MBA student at the Netherlands Business School.

Why Trade Is the Better Option for Ethiopia

Despite years of positive press regarding Ethiopia’s non-energy catalysed economic growth, the East African nation is still struggling to shake its poverty tag. It must, however, not continue to be seen as an aid-dependent nation, but rather aspire to use trade as the tool to shift it’s role in the world. With foreign investments having been impacted by the recent unrest, the nation is at risk of losing one key component of such efforts – foreign direct investment, reports Samuel Getachew an Ethiopian-Canadian currently based in Addis Abeba who is a regular blogger on international and local media.

Have African Presidents Underperformed Over the Last Decade?

With the majority of African countries having become worse in terms of governance over the past decade, according to the Mo Ibrahim Foundation, the time for innovation and collaboration is certainly upon us, writes Paul Banoba, an Africa Regional Advisor at Transparency International. With the Ibrahim Prize so handsomely rewarding leaders on the continent who have achieved great progress, would it not serve us well to utilise their experience in consulting with Africa’s current leaders?

Movement Seek Env’tal Justice Through Creative Art

Despite the usual negativity in the news, there are occasionally small beacons of hope. A group of young African artists, intent on communicating the issues of climate change and climate justice in a new way, are one such example. Their movement is picking up pace across the entire continent, with a presence from Kenya to Morocco, and Nigeria to Mauritania. It is these artists who are able, through a variety of mediums, to communicate clearly to all Africans, but especially the youth, about climate change and the role they all must play in averting the potential calamities of it, reports Seble Samuel, An Ethiopian-Canadian Geographer And Anthropologist.

Econometrics of Diplomacy in Ethiopia’s Foreign Policy

Ethiopia’s foreign policy has, for many years, focused on securing the survival of the multi-ethnic nation state from the domestic threats that emanate from poverty and underdevelopment. This means that all external relations should focus on contributing economically to the country, and thus all Foreign Service officers should understand that they are first and foremost development officers, reports Yohannes Gebeyehu, a foreign policy research analyst.

New Media, Old Politics

Social media is nothing new. The impact the platform can have on politics at the local, regional and global levels has already been well observed. In Ethiopia, however, the government has largely ignored the revolutionary affect the platform can have on the way its population views, shares, digests and debates current affairs, according to Getachew Dibaba, a media, communications and campaign consultant. Raising the issue at an international summit, however, is well off the mark. Rather, the government should use the emergence of social media to reshuffle it’s approach to independent media in the nation.

The Inclusive, Resilient Future We Want

The world took note of the diverse voices of Ethiopian citizens in crafting the global Sustainable Development Goals. Now is the time for Ethiopians to grasp this unique opportunity and use the goals to create the Future We Want for this beautiful country, writes Ahunna Eziakonwa-Onochie, UN Resident Coordinator

When the Insurance Industry Catches the Flu

Insurance companies need to look towards innovation and transformation in light of the increased risks associated to the current political climate. To continue with a business-as-usual attitude is not sufficient; solid procedures and methodology must be cemented into place, transparently, to ensure the security of both the insurer and the insured, writes Asseged G. Medhin (Emba), Certified By The Chartered Insurance Institute (Cii).


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