Policy Bank’s Vicious Downward Spiral in Overdrive

Bringing back the non-performing loans (NPLs) of the Development Bank of Ethiopia (DBE) on track requires a clear understanding of financial situations of client businesses, a positive thinking attitude, and a clear focus as to where the Bank’s effort should be concentrated in solving the problem at hand, argues Ibrahim Jelan.

Intra-African Tourism Within Reach in Liberal Skies

With the launch of the Single African Air Transport Market (SAATM), it is expected that flight schedules and routes will improve to the benefit of leisure and business travellers, not to mention that travellers will be provided with more choices and cheaper fares, writes David Desta (destadavid@gmail.com), a Cornell University graduate from the School of Hotel Administration who has been working in Ethiopia with Kuriftu Resorts for the past several years.

Vicious Circle of Weak Resource Allocation, Mobilisation

The existence of poor and inefficient domestic financial resource mobilisation has become a cause as well as a means for the nation’s economic ills. To successfully implement development plans, the commitment of the government to work with the people is crucial, writes Kennedy Abebe (kennedyecondevt@gmail.com), an E-banking business development officer at Wegagen Bank.

Universal Care, Affordable Prescription for Health Sector Transformation

In September 2015, leaders of 193 countries endorsed a new set of development goals, the sustainable development goals (SDGs), to make the world a better place for all human beings.…

Litmus Tests to Gauge AAU’s Progress, Performance

Productive faculty, student experience and engaging social and intellectual campus infrastructure are the monitoring tools for excellence in the grand areas of teaching and learning, research and scholarship, and community services and engagement, writes Getachew Assefa (PhD) (getachew@triple10.ca), associate professor of Environmental Design at University of calgary and sustainability consultant.

Food for Thought for AAU’s New Leadership

The new president of Addis Abeba University (AAU) needs to come up with a novel and strategic plan to make the university competitive continentally. Getachew Assefa (PhD) (getachew@triple10.ca ), Associate Professor of Environmental Design at University of Calgary and Sustainability Consultant, suggests that the plan should be focused on excellence in the areas of teaching and learning, research and scholarship, and community services and engagement.

Time to Put Hunger Goal Back on Track

Conflicts and drought that affected many countries have been the primary contributors to the increase of hunger in sub-Saharan Africa in 2016. But political will has not evaporated and the world’s economy is recovering, scenarios African countries could use to eradicate hunger, writes Jose Graziano da Silva, director general of the Food & Agriculture Organisation (FAO) of the United Nations.

Ethiopia: Tourist Destination that Can Compel More

With stagnant growth over the past several years, Ethiopia is still a relatively unknown tourist destination. But a nation of 100 million people, diplomatic capital of Africa, and home to nine World Heritage Sites, Ethiopia should be at the forefront of tourism in East Africa, writes David Desta (destadavid@gmail.com), a Cornell University graduate from the School of Hotel Administration who has been working in Ethiopia with Kuriftu Resorts for the past several years.

EPRDF’s Rebel Mindset, Incompatible with Governing Role

The EPRDF has come a long way from the rebel force it used to be, to the major governing party it is today. But it appears to have failed to build a capable state bureaucracy and independent institutions that transcend itself, which impeded the realisation of its developmental vision. Still, its experimentation with democratisation and developmentalism testify to its willingness to re-invent itself and to play a leadership role, writes Addisu Lashitew (PhD) (lashitew@rsm.nl), a researcher at Erasmus University Rotterdam (The Netherlands).

Work Hours, Economic Fundamental Ripe for Makeover

A reasonable compromise between an impending era of automation, leading to mass job losses, and adapting the Luddite philosophy, in an effort to protect workers, is a work day that is comprised of six regular work hours for employees, carried out in two shifts, to mean a 12-hour work day for employers. This though would require significant complementary reforms specifically where wages are concerned, writes Samson Getachew (nosmasget@gmail.com), whose interests run amok in the areas of economics.

Sound Mobilisation of Domestic Resources for Tip-top Economy

The economy of developing nations is in a vicious circle, where poor domestic mobilisation and allocation worsens the economic state of the country, which in turn exacerbates local financial sourcing. It has also made them highly dependent on uncertain external sources of finance for the functioning of their economy that are full of pre-conditions, ultimately perpetuating long-lasting socioeconomic and political problems, writes Kennedy Abebe (kennedyecondevt@gmail.com), an E-banking business development officer at Wegagen bank.

Coherent Sector Policies, Strategies for Sustainable Forest Management

Over the years, key players such as the Food & Agriculture Organisation (FAO) of the UN have supported many countries in Eastern Africa to deal with the complex issue of managing forest resources. It has developed tools, guidelines, and generated data and assembled information on sound policy practices and approaches.

Ethiopia’s Forseeable Inflationary Pressure

Ethiopia’s economy has been experiencing a phenomenal economic growth. Likewise, it has also been experiencing high inflation. Even as incomes have risen, the living standard has not done as well and should be an area that should most concern the government.

Eight-hour Work Day, Impractical to Modern Economic Conditions

The long-serving parts of the economy need pruning. The eight-hour work day needs to be revised and reformed to widen the economic space and allow both human labour and technology have a fair playing ground.

Africa’s Continental FTA, Boost to Growth, Development

Covering a market of 1.2 billion people and a combined GDP of 2.2 trillion dollars, Africa’s Continental Free Trade Agreement (CFTA) is a staggering proposition that by 2050 will represent a larger market than the North American Free Trade Agreement (NAFTA) of today. It will be of particular benefit to Africa’s small and medium-sized enterprises, write Mahamadou Issoufou, president of Niger, and Vera Songwe, UN undersecretary general and executive secretary of the Economic Commission for Africa (ECA).

Inventive Water Financing to Prop Up GTP II Targets

There are significant barriers to households and businesses committed to engage in the water, sanitation and hygiene (WASH) scheme in Ethiopia. This challenge requires innovative approaches to support the government’s efforts in advancing water supply and sanitation (WSS) access through self-supply, writes Salfiso Kitabo (skitabo@water.org), country director of Water.Org in Ethiopia.


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