Local Banks Swimming in Murky Water



Ethiopia’s banking industry has had a lukewarm progression since the Bank of Abyssinia became a pioneer as the first bank of the country a century ago. In 1932, a directive from Emperor Haile Selassie ordered the Br...


Ethiopia Mortgaging Future with External Debt


The Ethiopian Parliament recently debated the issue of the high external debt of the country. This is welcome news as the debt of the nation is growing, reaching upwards of almost 16 billion dollars. A large portion of t...


Accessing Reserves Tricky for Banks


In the midst of the liquidity crises that engulfed Ethiopia’s private banking industry, the National Bank of Ethiopia (NBE) has been trying to respond to the crisis in the country’s banking system. In addition to the...


Deafening Inaction in the Face of the Birr’s Decline


One major drag to Ethiopia’s growth aspiration is perhaps the central bank and those we are in charge of the nation’s monetary policy affairs. At the helm of the National Bank of Ethiopia (NBE) are individuals who ar...


Normalising Owning a Car in Ethiopia


At the Diaspora conference in Bahir Dar held this past summer, one of the most pressing and urgent issue discussed was the tariffs on automobiles imported to Ethiopia. The government has promised to look in to it. The...


Blanket State of Emergency Law Requires Proportionality


Two months on from the declaration of the state of emergency and the country now seem to be normalised. Investment activities, which stalled due to the unrest and following extensive property damage, have recommenced ope...


A Public Salary Raise Based on Priorities


At the presidential opening statement of the joint session of the House of People’s representatives (HPR) and the House of Federation (HoF), covered and long list of social, political and economic ills, flickering ligh...


Native Ethiopians Need to Bridge a Transition to Liberalization


Last week, the National Bank of Ethiopia issued a new directive-Manner of Relinquishing Shareholding of Foreign Nationals of Ethiopian Origin in a Bank or Insurer. This is an enforcement mechanism of its rule that no for...


Unprocedural Quasi-Bureaucratisation is No Magic Wand


Last week saw a U-turn for the EPRDFites, who have been boasting about their first step towards transformation. They have been brave enough to bypass one of their most controversial beliefs: “The decisive pointer fo...


Asking Ethiopians to Trade Liberty for Security is a False Choice


It has been a month of complete shutdown of mobile Internet, data and social media access in Ethiopia. While in the past it has been common practice by the government to block certain websites deemed as enemy of the stat...


Public Bailout as a Fix Not Best, Sustainable


Government is soon to put aside some fund to ‘support’, a cautiously coined term by way of implying compensation and keep the options open, the attacked businesses in full or in part. The Ethiopian Investment Commiss...


From Politics of Provisions, to Politics of Concessions


Almost a year after popular protests began in Oromia Regional State, before expanding to Amhara and more recently the southern regional states - and after the loss of hundreds of lives and damage to properties costing mi...


Privatised Violence Degenerates State Control


  Last Sunday, October 2, 2016, was one of those rare but sad moments when tragedy befalls a nation. Ethiopians were gripped with a deep sense of grief and loss as they mourned the unfortunate deaths of no less t...


Talk Not for the Sake of Talking


The Revolutionary Democrats are holding public meetings with different sectors of society as part of their drive to understand the people's needs and get a feel for the public’s heartbeat. This exercise should be comme...


Hailemariam Desalegn’s Limited Room to Manoeuvre


In their ascendance to power, each successive leader of Ethiopia has gone through a rough political ride of consolidation, before they asserted their rule over the country. So too is Hailemariam Desalegn - the second-gen...


Opposition’s Depressing Loss of Moral Compass


No less than a dozen music concerts were cancelled in Ethiopia and around the world last week, having originally been organised to welcome Ethiopia’s New Year. The cancellations came about in the midst of collective so...


Editorial

Last week saw a series of events where the political bigwigs from the f...


Agenda

The cement industry in Ethiopia, although still largely untapped, is se...


Fineline

It is unusual for a federal agency to get estranged...


Commentary

Recently, the National Bank of Ethiopia (NBE) had announced the mandato...


Viewpoint

Neglected Tropical Diseases (NTDs) disproportionately affect women and...


Opinion

Until very recently, Turkey was a proudly democratic Middle Eastern cou...


View From Arada

We often underestimate the importance of time managiment. Especially in...


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