Beer connoisseurs in Ethiopia can have a field day every day, with the diversity of beer brands competing to cover every nook and cranny. DAWIT ENDESHAW, FORTUNE STAFF WRITER, sips only water as he explores with brewers, their distribution strategies to bring drinkers their favourite brands.
There is frustration at the pumps, sometimes spilling over into banging and slanging matches needing traffic police intervention. But why is there a shortage when gas prices are down everywhere? DAWIT ENDESHAW, FORTUNE STAFF WRITER, joins the gas station lines (on foot) to talk with drivers, distributors and also representatives of the sole supplier to find out what has created the oily mess.
Transporters are frustrated but distressed beneficiaries hardly want to wait for relief supplies to ameliorate their plight. Despite the multiplicity of authorities involved (or perhaps because of them), the drought relief effort seems marked by delay. DAWIT ENDESHAW, FORTUNE STAFF WRITER delves into the logistics of delivering food and fertilizers to vulnerable victims, exploring causes and solutions.
The recently concluded 10th US-Africa Business Summit provided much opportunity for dialogue and networking among counterparts but it was not characterised by investment deals that signal the winds of change in Ethiopia’s direction. The country’s potential as well as limited institutional capacities continue to be acknowledged but as SOLIANA ALEMAYHU FORTUNE STAFF WRITER reports, the investments of other countries continue to outstrip those of the US in Ethiopia.
The name Ermias T. Amelga may have become a household word and as this report by SOLIANA ALEMAYEHU, FORTUNE STAFF WRITER indicates, angry stakeholders of Access Real Estate are seeking justice. But the troubles of Ermias seem symptomatic of a real estate sector in trouble.
A wedding is not just the start of a lifelong family partnership, it is also an investment that may take a sizeable chunk of the couple and their family’s income. SOLIANA ALEMAYEHU, FORTUNE STAFF WRITER, checks out the business of the wedding protocol, the range of services provided and the cost of a well-organised wedding ceremony.
The rising incidence of malnutrition among vulnerable groups due to the drought, may not have been preventable but the good news is that the surveillance and screening mechanisms seem to be working effectively. DAWIT ENDESHAW, FORTUNE STAFF WRITER travelled to Afar with the Save the Children team and brings this first hand report on how measures to mitigate the impact of the drought are working.
The traditional Christmas celebration involves breaking a period of fasting and the slaughter of animals for the Christmas feast. In the run up to Christmas Day, DAWIT ENDESHAW FORTUNE STAFF WRITER explored the cattle market in Addis Abeba and the factors that affect current availability and price.
The iconic Christmas tree has become a standard feature of Christmas in the west. Ethiopians have begun to adopt this symbol in their observation of this holiday. SOLIANA ALEMAYEHU, FORTUNE STAFF WRITER explores the environmental impacts of Christmas trees and their disposal. Her findings may affect sales, one way or the other.
The Integrated Master Plan may have sparked the recent unrest in many parts of the Oromia Regional State, but underlying issues emerged and continue to fester resentment. DAWIT ENDESHAW, FORTUNE STAFF WRITER, has talked to those who witnessed, participated in and suffered from the recent riots that left unconfirmed numbers dead and unaccounted property damage.
The recent provision of public toilets in Addis Abeba is welcome. Yet the details of their provision give rise to questions of public health. DAWIT ENDESHAW, FORTUNE STAFF WRITER, declined a cup of coffee at a public toilet compound but talked with multiple users of the facilities and shares their experience.
Recent disturbances involving protests in Oromia state have resulted in the tragic loss of youthful lives. The root cause of the unrest seems to have been grounded in the cause of major conflict – land, people’s ties to their ancestral lands and feelings of pending loss associated with the assumed implementation of the Integrated Regional Development Plan. This Master Plan for the development of Addis Abeba incorporates several special zones that fall under the jurisdiction of Oromia State. While the claimed rationale is about harmonization of development, discerned risks of generational dispossession are based on historical trends. DAWIT ENDESHAW & MISGANAW GETACHEW, FORTUNE STAFF WRITERS have spoken with those connected to the Plan and those affected by it.
The recent revocation of investment licences granted to three foreign companies and one local investor was based on their failure to perform. DAWIT ENDESHAW & MISGANAW GETACHEW, FORTUNE STAFF WRITERS, get to the roots of this matter.
Reports about the ongoing drought vary, with commendations and criticisms emanating from myriad sources. Having reported from the field three months ago, DAWIT ENDESHAW, FORTUNE STAFF WRITER, follows-up to bring a current account from Amhara State.
By any calendar, the end of the fiscal year of banks and insurers means increased business for firms providing goods and services in preparation for their annual general meetings. This mandatory assembly of shareholders, directors and managers is the highest decision making body of the firms when officers report to owners, giving an account of annual performance. After the serious business of reporting, there is, traditionally, a celebration: an opportunity to thank customers and entice clients. Though not partying with the bankers, SOLIANA ALEMAYEHU, FORTUNE STAFF WRITER, finds out just how much other business is generated by the general assemblies.
Land distribution always ranks high on the development agenda and takes on even greater proportions in the capital city where scarcity and location drive prices. SOLIANA ALEMAYEHU, FORTUNE STAFF WRITER reviews the results of monthly land auctions and shares findings, not only about the bidding process but also about the areas where land can be leased at the highest and lowest prices.
The shady dealings that have become common in the foreign exchange market may well reflect the basic economic principle which says where there is demand there will be supply. But accessing foreign currency by any means necessary seems to have evolved from corrupt business and banking practice to a fine art where legal procedures are followed in making illegal transactions. MIKIYAS TESFAYE, FORTUNE STAFF WRITER, enters this lucrative underworld (not as a player) but to investigate the complex nature of international trade in a context of chronic shortage of hard foreign currency. In this story, it is quite understandable why almost no source wished to be named. Meanwhile, the entire economy and honest, ethical businesspersons continue to bear the brunt.
The new Parliament with no deviating voice was expected by many to fall short of the usual, low impact ideas from the minority opposition parties. The third extra-ordinary meeting of the Parliament though, added to the realistic expectations of the public. While the Premier covered all the issue bases, his responses to questions raised by his comrades were superficial and unable to inspire the hope needed for transformation.
Branding Ethiopia is definitely not restricted to tourism but also applies to high quality indigenous products and innovation such as that which characterises Little Gabies. FORTUNE STAFF WRITER, MIKIYAS TESFAYE, enters the warm and cuddly world of hand made baby blankets made in Ethiopia, incorporating its rich heritage in source materials, design and production for sustainability. Little Gabies has all the makings of an Ethiopian brand with a global market to be exploited. Definitely a brand to watch.
Legal Draftspersons have obviously been busy demonstrating the urgent need for regulating housing development and related transactions. FORTUNE STAFF WRITER, DAWIT ENDESHAW discusses the draft legislation and obtains the views of various stakeholders.
Beginnings always hold promise – new hope of things to come and one must wish the country continued peace and prosperity. While the new appointees can be congratulated, the public has the responsibility of vigilance to ensure that the ministries and authorities are transparent and accountable in executing their mandates. As the saying goes, the road to hell is paved with good intentions, so these must quickly translate to effective action if, indeed, youth and women are to be mainstreamed in development. As Fortune staff writer, Dawit endeshaw learns, good governance must go beyond cosmetics if there is to be meaningful engagement that enables the voice of opposition to be heard at the highest levels of decision-making. Especially now, it cannot be business as usual in the execution of GTP II.
With obvious concern about food security, all indications are that Ethiopia is affording its livestock sector priority in all aspects – from protecting live animals and regulating domestic trade, to increasing revenue earnings from meat exports. No evidence of the heightened prioritisation is more compelling than the proposed new Ministry of Livestock and Fisheries Development. As FORTUNE STAFF WRITER, LUCY KASSA reports, the new ministry will have to hit the ground running as one of its first tasks will be to address quality assurance issues in the export market and persuade Ethiopia’s biggest meat export destination to lift the recently imposed ban.
The numbers of students enrolling for Higher Education are indeed impressive but quality seems to be sacrificed when one encounters graduates of tertiary education who seem unable to meet the needs of the labour market. FORTUNE STAFF WRITER, MIKIAS TESFAYE takes an in-depth look at the poor state of Higher Education institutions and joins the call for greater focus on quality.
Three years and nine months after the survey design of the project was conducted in January 2012, Getachew Betru (PhD), CEO of the Ethiopian Railway Corporation (ERC), announced last week…
Another year and another controversy surrounding a would-be concert by Teddy Afro, dubbed by many as the most popular, if not populist, contemporary Ethiopian singer and song-writer. Enjoying the support…
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